$475,000
Strip Mall
Details
APN 0010-02-015-025-0-030-00
Property Type Retail
Sub Type Shopping Center
Square Footage 5,104
Net Rentable (SqFt) 5,104
Units 4
Price per SqFt $93
Broker Co-Op Yes
Year Built 2003
Buildings 1
Stories 1
Acreage 0.460
Zoning C-1
Retail | 5,104 SqFt
Marketing description
Investment Opportunity – Highway 59 Frontage! This 4-unit commercial building offers an incredible investment opportunity with strong income potential and room to grow. Located on highly visible Highway 59, the property sits on 0.46 acres. Three of the four units are currently leased, producing $4,400 per month in rental income, with one unit vacant and ready for your own business or a new tenant. Current cap rate is 8.77% with one spot still open. With excellent highway exposure, dependable cash flow, and extra land to work with, this property is a smart choice for anyone looking to invest in commercial real estate. Additional land is available. Owner/Agent
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