The Yarmolyuk Portfolio | 1st Choice Realty & Associcates
Listed by The Yarmolyuk Portfolio | 1st Choice Realty & Associcates, 1st Choice Realty & Associates
$2,500,000
Durock Center
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 18,500
Units 19
Cap Rate 6.86%
NOI $171,586
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $135
Year Built 1985
Buildings 1
Stories 1
Zoning C
Retail | 6.86% CAP | 18,500 SqFt
Marketing description
Fully leased 19-unit investment property totaling approximately 18,500 SF, adjacent to Highway 50. Durock Center provides stable income with a pro forma cap rate of 6.8%, and generates a gross income of $228,613 annually.
Listing Contacts
The Yarmolyuk Portfolio | 1st Choice Realty & Associcates
Listed by The Yarmolyuk Portfolio | 1st Choice Realty & Associcates, 1st Choice Realty & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,586.00
$14,298.83/mo
Valuation Metrics
0
DSCR
6.86%
Cap Rate
6.86%
ROI
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