Listed by Saurage Rotenberg Commercial Real Estate
$13,849,500
13365 Coursey Boulevard
Details
APN 1028804
Property Type Retail
Sub Type Shopping Center, Community Center
Square Footage 5,790
Units 3
Cap Rate 6.5%
NOI $900,022
Occupancy 100%
Tenancy Multi
Price per SqFt $2,392
Acreage 0.550
Zoning C-2
Investment Type Net Lease
Shopping Center for Sale on Coursey Blvd. / Two Tenants
Marketing description
Shopping Center For Sale
Investment highlights
Three (3) Tenants - Papa John's, General Office, & Ethnic Store
Located in Highly Trafficked and Dense Residential Area.
Zoned C-2
NOI - $90,022.00
Asking 6.5% CAP or $1,384,950.00
Papa John's Leased Two Offices and just executed option thru 2030. They've been there 25 years.
Ethnic Store has 5 year term thru 2030
Office has 3 year lease thru 2028
Rent Roll Available Upon Request
Listing Contacts
Listed by Saurage Rotenberg Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$900,022.00
$75,001.83/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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