Listed by Arena Capital Holdings
$1,555,333
Normandy Shoppes
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 2
Cap Rate 6.76%
NOI $105,120
Occupancy 100%
Tenancy Multi
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options Yes
Year Built 1977
Year Renovated 2025
Acreage 0.770
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
NNN Investment | Grocery Outparcel | Cricket Wireless + LaundroLab
Investment highlights
- Two-Tenant 6,000 Square Foot Strip Center
- Ecommerce/Internet Resistant Tenants
- Strategically Positioned as an Outparcel to a Shopping Center Anchored by Winn-Dixie & Marshall's
- Situated Along a Main Retail Corridor Engaging 30,000+ Vehicles Per Day
- High Barriers to Entry Market
- Robust, Rapidly Growing Demographics in Surrounding Area
- Located about .5 Miles from the Interstate 10 Exit
Listing Contacts
Listed by Arena Capital Holdings
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,120.00
$8,760.00/mo
Valuation Metrics
0
DSCR
6.76%
Cap Rate
6.76%
ROI
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