Listed by AmeriPro Real Estate Management
$599,000
The Cloistiers
Details
APN 62448
Property Type Mixed Use, Office
Sub Type Restaurant, Storefront
Square Footage 9,936
Net Rentable (SqFt) 9,936
Units 9
Cap Rate 5.13%
NOI $30,720
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 7.51%
Pro-Forma NOI $45,000
Price per SqFt $60
Broker Co-Op Yes
Class B
Year Built 1978
Buildings 4
Stories 1
Acreage 1.230
Zoning GR
Investment Type Owner/User
Ownership LARC Management
Mixed Use | 5.13% CAP | 9,936 SqFt
Marketing description
Great Shopping center with 9 separate tenants and 100% occupied. Tenant mix includes personal care, insurance office, professional offices, venue and coffee shop. All these surround a lovely, quiet courtyard. Very well maintained center.
Listing Contacts
Listed by AmeriPro Real Estate Management
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$30,720.00
$2,560.00/mo
Valuation Metrics
0
DSCR
5.13%
Cap Rate
5.13%
ROI
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