Listed by Golden Realty
$750,000
Lotus Shopping Center Unit 160
Details
Property Type Retail
Sub Type Spa, beaty
Square Footage 1,198
Net Rentable (SqFt) 1,198
Units 160
Cap Rate 5.38%
NOI $40,375
Occupancy 100%
Lease Type NNN
Lease Term 10
Lease Expiration 03/31/2033
Remaining Term 6.8
Pro-Forma Cap Rate 6.62%
Pro-Forma NOI $49,656
Price per SqFt $626
Year Built 2022
Year Renovated 2023
Stories 1
Zoning LC
Parking Spaces 5 per 1,000 sq ft
Investment Type Net Lease
Lease Commencement 04/01/2023
Retail | 5.38% CAP | 1,198 SqFt
Investment highlights
Cash Flow investment
10 years NNN lease
Exclusive Spa
Road Front to FM 423
Plenty of Parking
Listing Contacts
Listed by Golden Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$40,375.00
$3,364.58/mo
Valuation Metrics
0
DSCR
5.38%
Cap Rate
5.38%
ROI
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