Listed by SRS Real Estate Partners Newport Beach
$6,984,000
Walmart Anchored Strip
Details
APN 088-630-008-6
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 27,349
Cap Rate 6.5%
NOI $453,989
Occupancy 80%
Price per SqFt $255
Year Built 1991
Stories 1
Acreage 2.280
Zoning Community Commercial
Parking Spaces 158 spaces
Parking Per SqFt 5.78
Investment Type Value Add
Ground Lease No
Ownership Fee Simple
Prime Location | Excellent Visibility & Access | Strong Performing Walmart Shadow-Anchored Center
Investment highlights
80% Occupied | Value-Add Opportunity | Below Market Rent
High-Visibility Location | Signalized Hard-Corner Intersection | Walmart-Anchored Retail Center & Corridor
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$453,989.00
$37,832.42/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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