Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces—ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.
Property Type | Retail |
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Year Built | 1996 |
Listing ID | JM7VWC |
MLS ID | 418712 |
Style | Retail Bldg -Local Strip |
Building Size | 11,241 SF |
Lot Size | 0.59 AC |
Taxes | $4,494 |
Region: La Blanca Village
Flooring: | Concrete, Laminate, Luxury Vinyl, Ceramic, Tile |
Road Type: | State Road |
Lot Size: | 1/2 - 1 Acre |
Exterior Description: | Stucco |
Cooling: | Central A/C - Electric |