8.2% Cap Rated Shopping Center


Listing ID: 70089649

Listing Title: 8.2% Cap Rated Shopping Center

Quick Link: http://www.globalbx.com/listing.asp?bId=89649

Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: Minnesota


City: Sherburne County

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $160,625

Cash Flow: $160,625

Cash Flow Type: EBITDA

Year Established: 2001

Number of Employees: 1 - 3

Business Description:
This 26,000 square foot shopping center for sale was constructed in 2001, and has maintained all of its original leasehold tennancies. Included in its strong mix of tennancies are AAA rated credit tenants. The property is conveniently located, just northeast of a major US Highway intersection. Attractively priced at $1,950,000 to yield an impressive 8.2% capitalization rate.

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