...

Bilt Commercial

130K SF Value-Add Shopping Center

Price
$20,000,000
Cap Rate
10%
Occupancy
27%
GLA
126,000 SF
Lot Size
2.98 AC
Year Built
1990-05-25

Investment Highlights

  • Anchored by a National Credit Tenant (Planet Fitness) with a new 15 year lease
  • Outparcel opportunity
  • 10% Cap Rate upon stabilization
  • Offered at only $154 psf while the center next door sold for over $400 psf
  • Over 153,000 population in a 3-mile radius
  • Located at a very busy intersection – 80,500 vehicles per day at the intersection
  • Prominent visibility with strong access and Pylon signage available
  • Ample parking, about 706 spaces
Seraphinite AcceleratorOptimized by Seraphinite Accelerator
Turns on site high speed to be attractive for people and search engines.