Listed by SVN VERUS Commercial
$4,571,525
100% NNN Leased Investment
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 11,658
Units 6
Cap Rate 6%
NOI $274,291
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $392
Class B
Year Built 2008
Acreage 1.340
Investment Type Stabilized
Ground Lease No
Retail | 6% CAP | 11,658 SqFt
Marketing description
This 100% occupied six tenant neighborhood retail strip has a strong Tenant mix with excellent rental history. Three of the six Tenants have been at this location for 10+ years and five of the six have executed renewals, with four of those renewals coming in the last year. In addition to multiple long standing Tenants, a new ten year Lease with Blo Blow Dry Bar commenced in February of 2026. All Leases are NNN, allowing for minimal Landlord responsibility. This is an excellent opportunity to acquire a fully stabilized asset in a fast growing market with quality credit Tenants.
Investment highlights
-100% Occupancy
-Fully Stabilized
-Traffic Counts over 28k VPD
Listing Contacts
Listed by SVN VERUS Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$274,291.00
$22,857.58/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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