Listed by Wisco Real Estate Services
$2,500,000
Fort Mall
Details
APN 226-0614-3242-010
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 15,500
Net Rentable (SqFt) 15,500
Units 6
Cap Rate 7%
NOI $175,000
Occupancy 97%
Tenancy Multi
Brand/Tenant Family Dollar, Verizon Wireless
Lease Type NNN
Pro-Forma Cap Rate 7.8%
Pro-Forma NOI $195,000
Price per SqFt $161
Broker Co-Op Yes
Year Built 2005
Buildings 1
Stories 1
Acreage 2.040
Zoning Commercial
Parking Spaces 68 spaces
Parking Per SqFt 4.39
Investment Type Net Lease
Occupancy Date 12/23/2025
Retail | 7.00% CAP | 15,500 SqFt
Marketing description
Pick n Save grocery anchored center. Co-tenants include Family Dollar, Papa Murphy's, Great Clips, China Dragon, and Verizon. Culvers, Kwik Trip, Arby's and other regional/national brands nearby. Just a 1/4 mile from the Hwy 26 on/off ramp to Hwy 12. 1,500 sq ft end cap vacancy allows for value-add or owner occupant. Offered at a 7% cap.
Listing Contacts
Listed by Wisco Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,000.00
$14,583.33/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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