This is a 10,459 sf 7 Unit strip Mall with Triple net lease. Cap Rate is 7% presently Tenants are Little Caesars, Gette A Groom, Paradise Smokes, Great Clips, GNC and Metro T Mobile with one Unit vacant.
Income and Expenses (Annual Amounts): Cap Rate %: 7; CAM Cost: 43,599.19; CAM Frequency: Annually
Income and Expenses (Annual Amounts): Cap Rate %: 7; CAM Cost: 43,599.19; CAM Frequency: Annually; Estimated Gross Operating Income $: 93,564; Net Operating Income: 93,564; Vacancy %: 14
Unit 1: Unit #: 5538; Tenant Name: Little Ceasars; Square Footage: 1,200; Monthly Rent: 1,598.6; Price Per SqFt: 1.33; Status: Leased
Unit 2: Unit #: 5534; Tenant Name: Getta A Groom; Square Footage: 1,100; Monthly Rent: 927; Price Per SqFt: 0.84; Status: Leased
Unit 3: Unit #: 5530; Tenant Name: Paradise Smokes; Square Footage: 854; Monthly Rent: 854; Price Per SqFt: 1; Status: Leased
Unit 4: Unit #: 5526; Tenant Name: Great Clips; Square Footage: 1,000; Monthly Rent: 1,122; Price Per SqFt: 1.12; Status: Leased
Unit 5: Unit #: 5522; Tenant Name: GNC; Square Footage: 1,200; Monthly Rent: 1,896.2; Price Per SqFt: 1.58; Status: Leased
Unit 6: Unit #: 5518; Tenant Name: Metro PCS; Square Footage: 1,590; Monthly Rent: 1,399; Price Per SqFt: 0.88; Status: Leased
Unit 7: Tenant Name: Vacant; Square Footage: 3,515; Status: Vacant