Emerald Real Estate LLC
Listed by Emerald Real Estate LLC
$1,090,000
6126 Montgomery Rd
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 8,077
Units 6
Cap Rate 9.63%
NOI $105,000
Occupancy 80%
Tenancy Multi
Lease Type NNN
Price per SqFt $135
Year Built 1971
Year Renovated 2019
Acreage 1.860
Zoning C-2 Commercial
Parking Spaces 30 per unit
Investment Type Stabilized
Ground Lease No
Retail | 8,077 SqFt
Marketing description
Multi-tenant retail center offering approximately 8,077 SF on ±1.86 acres with strong income potential. Currently generating approximately $105,000 annually, this property features a diverse tenant mix including restaurant, church, and retail users. Priced $100,000 below appraised value, providing immediate equity opportunity. Includes two additional parcels zoned C-2, offering expansion or redevelopment potential.
Investment highlights
- Multi-tenant retail center offering approximately 8,077 SF on ±1.86 acres with strong income potential
- Currently generating approximately $105,000 annually
- Diverse tenant mix including restaurant, church, and retail users
- Priced $100,000 below appraised value, providing immediate equity opportunity
- Includes two additional parcels zoned C-2, offering expansion or redevelopment potential
Listing Contacts
Emerald Real Estate LLC
Listed by Emerald Real Estate LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$105,000.00
$8,750.00/mo
Valuation Metrics
0
DSCR
9.63%
Cap Rate
9.63%
ROI
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