Property details

Shopping Centers, Great Lakes - Big Rivers Region

Property Description

Shopping Centers for sale in great areas and with great cashflow. These shopping centers have been owned for for 10 years. The owner of the centers is retiring from the business of landlording shopping centers. The owner of these centers MUST SELL. Partial sale of on or more shopping centers is OK. .

Which Shopping Centers receive the most attention?
Shopping centers with investment-grade tenants are the most popular among our buyers.

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» Search for all Shopping Centers & Strip Centers by unchecking the "Property Types" box in the PROPERTY SEARCH form, then check the box for "Shopping Center". Fine tune your Shopping Center & Strip Center search with other criteria like minimum square footage, price range, etc. Note: approved principal buyers are the only authorized users of property search form.

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Highlights

Status:
Available
Price:
$16,000,000
PSF:
$100
Cap Rate:
9.00%
Annual Rent:
$1,500,000
Rent Increases:
None
 

Property Information

Building Size:
160,000 sq.ft.
Property Type:
Shopping Center
Industry Type:
Retail
Units/Spaces:
130
Year Built:
1970
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.