The Real Estate Agency - John Van Tassel
Listed by The Real Estate Agency - John Van Tassel
$4,350,000
Plaza Center
Details
APN 557-410-11-00
Property Type Retail
Sub Type Shopping Center
Square Footage 5,360
Net Rentable (SqFt) 5,360
Units 7
Cap Rate 4.00%
NOI $174,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Class B
Year Built 1967
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 14,810
Zoning commercial
Sale Condition 1031 exchange
Signalized Corner Retail Center
Marketing description
Located at an extremely busy signalized corner in the heart of National City. Excellent location with very high traffic, great for business exposure. This 7 unit retail center was fully remodeled in 2019. Many of the tenants are long term tenants. This area has seen a lot of growth and redevelopment of the near by properties. Highly desired area that is close to freeway access.
Listing Contacts
The Real Estate Agency - John Van Tassel
Listed by The Real Estate Agency - John Van Tassel
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$174,000.00
$14,500.00/mo
Valuation Metrics
0
DSCR
4%
Cap Rate
4%
ROI
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