Business Overview:
New 13,800 square feet shopping plaza fully leased. The plaza leases for $9 per square feet. There are several solid anchor tenants including a hospital clinic branch location, a community college branch and a counseling center that occupy 7,800 square feet and draw in a constant stream of traffic. Net income after a 5% vacancy allowance and a 5% maintenance allowance plus expenses is $105,316. This is an attractive plaza with a solid location. The seller is motivated.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Project Complete
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.