Portfolio sale of two retail assets. Each building may be sold separate, as the properties are on separate APN numbers allowing for each building to be acquired separately. Seller plans to retire.
Great opportunity to acquire downtown Redlands retail buildings, as current net leased properties in the downtown market have asking lease rates between $3.00 to $4.00 per square foot, NNN. Why lease, when you can buy! Owner may consider carry back with forty percent down payment.