Listed by Riser Retail Group Carmel
$5,500,000
Devil's Glen Shopping Center | Grocery Shadow Anchored
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 26,979
Cap Rate 7.03%
NOI $386,857
Occupancy 94%
Tenancy Multi
Price per SqFt $204
Class B
Stories 1
Investment Type Stabilized
Grocery Shadow Anchored | Retail | 7.03% CAP | 26,979 SqFt
Marketing description
• Hyvee Shadow Anchored Retail Center
• Strong Mix of National and Regional Tenants
• 94% Occupied Retail Center
• New Roof 2023 (Under Warranty)
• Excellent Location Along Middle Rd & Devils Glen Rd
• Strong Traffic Counts
• Strong Demographics
Listing Contacts
Listed by Riser Retail Group Carmel
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$386,857.00
$32,238.08/mo
Valuation Metrics
0
DSCR
7.03%
Cap Rate
7.03%
ROI
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