HIGHLIGHTS
- Necessity-based retail and internet resistant tenants with staggered lease terms providing security to future investor
- 100% leased to diverse mix of tenants
- New long-term lease with anchor tenant Elevate Trampoline Park
- Compounding income growth, with most tenants having scheduled rent increases through the primary terms and option periods
- Unique opportunity to capitalize on below-market rents with prospect of enhancing yields and securing long-term value
FOR SALE DETAILS
PRICE
$11,419,000 USD
PRICE/SF
$182 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GRAND VILLAGE CENTER
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.06 AC
LAND SF
307,534 SF
ZONING
Commercial
APN/PARCEL ID
503-61-186
ASK ABOUT THIS PROPERTY
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602-734-7218
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Please correct the highlighted field(s).
602-734-7218
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
