Property Facts
- Sale Price: $990,000
- Building Size: 6,000 SF
- NOI: $78,892
- Year Built: 1999
- Lot Size: 0.74 Acre
- Price/SF: $165.00
- Cap Rate: 7.97%
Property Overview
- — 6,000 SF multi-tenant retail strip plaza
- — Two long time tenants with Cirilla's and Steel Addictions Tattoo, along with new tenant Eclipse Nail Tips
- — Excellent visibility enhanced by pylon signage at both entrances
- — Significant vehicular traffic, supported by easy access to Monroe Street and Sylvania Avenue (18,779 vpd on Sylvania Ave. and 20,308 vpd on Monroe St.)
- — Population of approximately 102,000 people within 3 miles
- — Ample parking on property
- — Cap Rate of 7.97%
- — Net Operating Income = $78,892
- — Average Rent of $13.15/SF NNN
- — Contact agents for additional detail
