Value-Add Retail Center

Clay County, FL

Price

$16,500,000

Type

For Sale

Size

108,704 SF

Cap Rate

5.1%

108,704 SF retail asset in Clay County, Florida — $16,500,000 at a 5.1% cap, 18.7% vacancy. Details are released in three steps: a call with me by phone, then an NDA and proof of funds sized to the deal, then the full financials — address, rent roll, T-12, operating expenses and financing terms. Call 312-405-5400.

Highlights

◆5.1% in place / 6.7% stabilized
◆18.7% vacancy
◆Assumable loan at 5.01%