7,432 SF Strip Center (including Car Wash)
.92 Acres (40,001 SF)
85% Leased - 5 Tenants
- Do NOT disturb tenants -
A MULTI-TENANT RETAIL CENTER:
Strip Center: 5,400 SF
Below Market Rents
E-Commerce Resistant, Service-based Tenants\
HVAC - 5 Rooftop units
25 parking spaces
85% Occupied with diverse tenant mix
Base rent annual escalations
Roof in great condition - 9 years old
STARFISH CAR WASH:
5 self-serve bays: 1,993 SF
Major Capital Improvements 2021/2022
Heated floor slabs
LED lighting
New Compressor
New water softener
2 New Change machines
3 New Vacuums
New Water Heater
New Nayax Credit Card System
Room to add value - add more vac & vending
Video security system
Lafayette Square Strip Center
This retail center is a prime investment opportunity with a strong cash flow. Located on a prime corner lot with high traffic counts and excellent visibility, the center features a diverse mix of retail and service-based businesses, as well as multiple storefronts and ample parking for both customers and tenants. The center also includes a 5-bay self-serve car wash that was recently rebuilt in 2021 with new LED lighting, compressor, water softener, water heater, and heated bay floors. The existing tenants have a history of stable occupancy and rental income, and the center is conveniently situated across the street from a new apartment project.