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Bilt Commercial

220K SF Shopping Center Low Rents/Outparcels Included

Price
$1,425,000
Cap Rate
7.5%
Occupancy
97%
GLA
220,000 SF
Lot Size
21 AC
Year Built
1986

Investment Highlights

  • A regional shopping center spanning 220K square feet.
  • A diverse mix of national, regional, and local tenants, many of whom have been in place for over a decade.
  • Anchored by a national department store paying well below market rent.
  • The property also includes two outparcels both occupied by national credit tenants.
  • Over 1,200 feet of frontage, the property enjoys exceptional visibility and exposure.
  • Traffic volume is over 69,000 cars.
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