PRICE $1 dsIDX morgage calculator
SIZE 36,947 sqft
LOT SIZE n/a

Anchored by Dollar General, property is 87% occupied, 38,000+ SF shopping center. Long term tenants are in place, w/long term leases recently executed, thus proving their commitment even further. Almost all of the tenants have been at the building for more than 5 yrs. In the past few months, 4 tenants have renewed at or above previous rents. Over $500k has also been spent on capital improvements within the last year. That coupled with the recent NNN lease renewals, this property presents a perfect fit for a 1031 Exchange. Not only is this a proven asset w/a stabilized cash flow, but there is also a value-add opportunity present by filling the ~5,000 SF vacancy on the rear of the building &/ or executing rent increases. Capital improvements include, but are not limited to, installed a new roof w/ 15-year warranty, front parking lot was repaired, sealed, & striped, replaced rear parking lot asphalt w/brand new concrete, professionally painted all exttrim, facade repair.

DAYS ON MARKET 62 LAST UPDATED 10/6/2021
YEAR BUILT 0 COUNTY Allen
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
LOT 0
LOT DIMENSIONS 2.44
ZONING Commercial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Devin Dye to contact you even if your name is on a Federal or State "Do not call List".

Listed with PRODIGY PROPERTIES
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2021.