Listed by Riser Retail Group Carmel
$12,520,000
Two Fronts at Chili & Paul
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 127,987
Net Rentable (SqFt) 127,987
Units 36
Cap Rate 8.11%
NOI $1,015,880
Occupancy 96%
Tenancy Multi
Brand/Tenant Dollar General, AutoZone
Lease Type Modified
Rent Bumps Yes
Pro-Forma Cap Rate 9.22%
Pro-Forma NOI $1,153,803
Price per SqFt $100
Year Renovated 2015
Buildings 4
Stories 1
Acreage 19.000
Zoning Commercial
Investment Type Stabilized
Multi Tenant Retail Center | Two Fronts at Chili Paul Plaza | 8.11% CAP | 127,901 SqFt
Marketing description
• Large Neighborhood Retail Shopping Center
• Strong Mix of National and Regional Tenants
• 96% Occupied Retail Center
• Annual Rent Increases From Most Tenants
• Value Add Opportunity (4% Vacancy)
• Close to Major Interstate (I-490)
• Strong Traffic Counts
• Strong Demographics
Listing Contacts
Listed by Riser Retail Group Carmel
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,015,880.00
$84,656.67/mo
Valuation Metrics
0
DSCR
8.11%
Cap Rate
8.11%
ROI
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