Listed by SRS Real Estate Partners Newport Beach
$2,478,000
2-Tenant Retail | Mod Pizza & ORTC
Details
APN 1N 13E 4 AB 100
Property Type Retail
Sub Type Storefront
Square Footage 5,500
Cap Rate 6.75%
NOI $167,271
Occupancy 100%
Tenancy Multi
Brand/Tenant MOD pizza
Price per SqFt $451
Year Built 2005
Acreage 0.760
Zoning GC: General Commercial
Parking Spaces 23 spaces
Parking per 1,000 SqFt 4.18
Ground Lease No
Ownership Fee simple interest (land & building ownership)
Retail | 6.75% CAP | 5,500 SqFt
Investment highlights
100% Occupied | Strong Tenant Line-Up | Below Market Rent
Excellent Visibility and Access | Quick Access to Interstate-84 (20,400 VPD)
Walgreen Anchored Center | Dense Retail Corridor | Across to Safeway & Fred Meyer Centers
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$167,271.00
$13,939.25/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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