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Bilt Commercial

Grocery Anchored Shopping Center 83% Occupied | High Grocer Sales

Price
$12,500,000
Cap Rate
10.2%
Occupancy
83%
GLA
215,000 SF
Lot Size
22.7 AC
Year Built
1958/2009

Investment Highlights

  • Anchored by a well performing regional Grocer, the shopping center features a diverse mix of local, regional, and national tenants.
  • The Grocer has had sales increasing year over year since 2019/2020.
  • Very well maintained Shopping Center with recent Capital Improvements.
  • Roughly 65% of the Shopping Center’s roof has a warranty through 2033.
  • Approx 10 vacant spaces ranging from 900 SF to 12,000 SF.
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