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Bilt Commercial

145K SF Value-Add Shopping Center

Price
$6,710,000
Cap Rate
9.0%
Occupancy
71%
GLA
145,000 SF
Lot Size
3.7 AC
Year Built
1994

Investment Highlights

  • Huge Value-Add Opportunity: Priced at a 9% Cap Rate on in-place income (at 71% occupancy), an investor has the ability to significantly increase the income of the Shopping Center by leasing up the remaining 29% of the vacant spaces
  • Several Credit Tenants: 74% of the occupied space is leased to national/regional tenants.
  • Representative Photo
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