Listed by Monarch Commercial Advisors
$4,070,000
Taft Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 24,741
Cap Rate 6.74%
NOI $273,253
Occupancy 76.71%
Tenancy Multi
Price per SqFt $165
Year Built 1986
Taft’s #1 Grocery-Anchored Shopping Center
Marketing description
In-line shops within a thriving grocery anchored center (newly extended Albertsons). New ownership, great mix of new leases, and lease extensions on tenants with decades of successful operation at the center.
Investment highlights
Diverse Tenant Mix with Long-Term Commitments & New 2024 Leases
High-Visibility Retail at an Attractive Price Point
Market-Dominant, Grocery-Anchored Center
Recent Operational Enhancements Driving Value
Active Leasing Momentum & Upside Potential
Strategic Location with Strong Economic Drivers
Listing Contacts
Listed by Monarch Commercial Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$273,253.00
$22,771.08/mo
Valuation Metrics
0
DSCR
6.71%
Cap Rate
6.71%
ROI
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