STRONG IN-PLACE CASH FLOW
• 7.0% in-place cap rate with strong existing income
• Upside to ~9.0%+ stabilized return (3 Vacant Units)
• NNN lease structure with minimal landlord expenses
TREMENDOUS VALUE ADD OPPORTUNITY
• In-place rents average ~$0.87/SF (NNN), well below market levels, providing significant mark-to-market upside.
• ±11,500 SF of vacancy provides immediate lease-up opportunity
• Opportunity to significantly grow NOI through stabilization
BELOW REPLACEMENT COST & MARKET PRICE PER/SF
• Attractive basis at ~$148/SF, below comparable retail sales
• Significantly below replacement cost with substantial upside potential
PRIME RETAIL CORRIDOR
• AutoZone-anchored center driving daily traffic
• Positioned on a high-traffic corridor (~20,000+ VPD)
• Surrounded by national retailers (Starbucks, Taco Bell, Wells Fargo, etc.)
• Dense infill location with built-in customer base
MULTI-TENANT RETAIL CENTER
• ±41,638 SF retail center on a 2.45-acre lot
• Building size per public record is 44,440 SF, rent roll reflects approximately 41,638 SF (Buyer to verify).
• 15-unit multi-tenant property
• Constructed in 1964
• ±100 parking spaces (±2.4/1,000 SF ratio)