1901 Pacific blcd, Alany, OR
Shopping Center for Sale - $1,700,000 - 13,000 Sq. Ft. on 0.51 acres
Property Info
| CIMLS# | 121261 |
| Location 1901 Pacific blcd Alany OR 97321 | |
| Updated | March 3rd, 2010 |
| Type | Shopping Center |
| Price | $1,700,000 |
| Building | 13,000 Sq. Ft. |
| Land | 0.51 acres |
Property Description
$13,000 ground level strip Mall Flat Roof, Steel and Brick
pride of ownership unit. I have owned this complex for over 12 years with average occupancy above 95% and 2009 100% full.
Tenants include Rent-A-Center, Domino Pizza, Coopers Deli,
Laundramat, Clothing center and a Pawn Shop, and Pipe Shop.
The laundramat and clothing center have been leasing for over 20 years.
Financials
Leased INcome $136,700.
Average Expenses $ 21,000
NOI $116,000
Cap Rate7% $1,657,142.
RE Taxes $12,000
Insurance $1,800