Neighborhood Shopping Center Properties
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Neighborhood Shopping Center
Northcenteral Ohio
Neighborhood Shopping Center Property #pshops 085335
State Located: Northcenteral Ohio
Building & Location Grade: B Grade Property in a A Grade Location
Occupancy: Currently 95% occupied
Net Leasable Area: There is 38,124 total leasable s.f.. Current Vacant s.f. is 3,931
Leasable Spaces: There is 10 total leasable spaces. Number of vacant spaces: 1
Land Area: 2.256 Acres
Price: $3,900,000.00
CAP (Capitalization Rate): 10%
Price Per Square Foot: $102.13
NOI (Current): $367,770
NOI (Potential): $390,259 @ 95% accupancy
Terms of Sale: Available for All Cash
Remarks / Comments: Mortage has prepayment penalty, seller will pay. Seller is buying another property in Florida.
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