Available For Sale - Retail

61,029 SF | Show Pricing $

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LISTED BY

Jon Busse
Colliers, 760-438-8950

AVAILABILITY DETAILS

Size
61,029 SF
Price/SF
Show Pricing $
Listing ID
SA533405
Notes
INVESTMENT SUMMARY

Center NameTown Center Square

Asking Price $15,869,000

CAP Rate 6.15%

Existing Financing $7,375,978 assumable, non-recourse bank loan in favor of A10 Capital at 4.79% f ixed rate due December 2031. $51,301 monthly P+I paymen.

Price/SF $260

Occupancy 100%

Rentable Area 61,029 SF

Below Market Rent ±20%

Year Built 1996

APN 1077-422-72

Property Type Community Center

Zoning C3

GLA 61,029 SF

Land Area 5.17 AC (225,205 SF)

Parking Approximately 316 Allocated Parking Space
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jon Busse, Colliers