Investment Highlights
- 63.60% Occupied Retail Center -14 Units (3 Vacant Units)
- Recent Improvements -New Roof On 24 Hour Fitness (2019), New Led Parking Lot Lights (2020), New Metal Soffits on All Buildings (2018)
- Two Vacant Units Providing Significant Upside (36.40%)
- Leasehold Interest (Nine Years Remain with One-Ten Year Option Remaining)
- Long Term Tenancy -Multiple Lease Extensions
- All Leases Structured as Triple-Net (Minimal Landlord Responsibility)
- New Seven Year Lease with Xfinity (Outlot Building)
- Over 217,000 Residents Within Five Miles with An Average Household Income Of $67,215
- Extremely Dense Retail Market Located on Southgate Rd Providing Great Visibility with Multiple Points of Ingress/Egress
