Property Overview
Price/Rent PSF $ 875,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 24,900
Date Available 09/11/2019
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Parking 100
Floors 2
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Description

Location
Located on Airport Highway across the street from Swan Creek MetroPark at signaled intersection

Sale
Family Dollar-anchored neighborhood shopping center
Excellent user/investment opportunity with upside potential - second floor office space vacant - 6,500 SF
Current cap rate is 11.07% based on 100% occupancy - retail space and 0% occupancy
Potential cap rate - 14.7%
Family Dollar has shown commitment to the area by recently renewing lease for five years
Current retail tenant's all paying below-market rents
Recent Maintenance: Newer roof, parking lot resurfacing and striping

Location