Listed by Malone Commercial Brokers
$5,000,000
Southgate Plaza
Details
APN Map U037, Lot 3A
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 26,464
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 5.73%
Pro-Forma NOI $286,310
Price per SqFt $189
Year Built 1981
Buildings 1
Acreage 5.600
Zoning B3
Ownership Pende Associates
Retail Investment Property For Sale
Marketing description
SOUTHGATE RETAIL PLAZA
•24,464±SF fully leased retail plaza with stable in-place tenancy
•Prominent 400’± frontage on US Route 1 with traffic counts of 26,117± cars/day (MDOT 2025)
•Tenants include Tractor Supply Co., Quality Floor Finishers and Elevate Athletics
•Strategic location with easy access to I-95 and Route 1
•Ample on-site parking with 90± spaces and prominent signage
Investment highlights
Listing Contacts
Listed by Malone Commercial Brokers
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