Neighborhood Center Properties
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Neighborhood Center Properties
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Neighborhood Center Properties with grocery or drug anchor are of highest demand
Neighborhood Shopping Center
Northeastern Utah
Neighborhood Shopping Center Property #pshops 11:51:01
State Located: Northeastern Utah
Building & Location Grade: A Grade Property in a A Grade Location
Occupancy: Currently 100% occupied
Net Leasable Area: There is 15,000 total leasable s.f.. Current Vacant s.f. is 0
Leasable Spaces: There is 11 total leasable spaces. Number of vacant spaces: 0
Land Area: 16,380 Square Feet
Price: $735,000.00
CAP (Capitalization Rate): 10+%
Price Per Square Foot: $102.13
NOI (Current): $73625
NOI (Potential): $124,500
Terms of Sale: Available for All Cash
Remarks / Comments: MBuilding is doing very well. Family has left the area and I live in California. Want to relocate my investment to Southern Utah or California. Has management in place with a 3 year perfect history. Want to find as good a investment as this only closer to where we live. Will enjoy paying a selling broker full commission for his sale.
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