Incredible Investment Opportunity! Present your offer for this revenue-generating strip center. Listed with a stabilized cap rate of 9.4%, this property is situated in a prime retail location within a semi-rural area. Currently boasting a 90% occupancy rate and featuring lower annual property taxes, it accommodates a variety of business users such as hair salons, restaurants, nail salons, phone stores, and office spaces—ideal for personal business ventures or rentals with a substantial return on investment potential. Additionally, there is an opportunity to negotiate cross-access with neighboring commercial property and a convenience store.
| Property Type | Retail |
|---|---|
| Year Built | 1996 |
| Listing ID | JM7VWC |
| MLS ID | 418712 |
| Style | Retail Bldg -Local Strip |
| Building Size | 11,241 SF |
| Lot Size | 0.59 AC |
| Taxes | $4,494 |
Region: La Blanca Village
| Road Type: | State Road |
| Flooring: | Ceramic, Laminate, Luxury Vinyl, Concrete, Tile |
| Lot Size: | 1/2 - 1 Acre |
| Exterior Description: | Stucco |
| Cooling: | Central A/C - Electric |