Swap Meet, CAP 9.4%, 100%-Leased, Asking $2.19M, Victorville

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Asking Price:
$2,190,000

Gross Revenue:
$385,200
Net Operating Income:
$219,816
FF&E:
 Not Disclosed
included in asking price

Building Sq. Ft.:
30880.00
Price/Sq. Ft.:
$71.00
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Property Description

A well-organized indoor Swap Meet in a busy shopping mall where many nation-brand anchors are. Newly upgraded and remodelled recently. Swap meet operational hours are Mon - Sun from 10 am to 8 pm, and closed at 7 pm on Sun. Closed on every Tuesday. Below is a quick overview of Swap Meet
• NOI: $216,000.
• 100% leased to 28 tenants
• Property type: Commercial
• CAP Rate: 9.4%
• Bldg. Size: 30,880 Sq. Ft
• Land Size: 2.7 Acre
• Year Built: 1992
• No. of Stories: 1
• Financing condition: SBA loans are available w/30% down, Approx. $9,452 loan payment per month for 25 years is estamated
• E-mail Kevin Kim or contact me for more information
• Even if you know the property location and are seeking the opportunity, never, however, interrupt or speak with owner or staff during the observation.
• I'll gladly schedule an open discussion with the owner for you once you ask.

About the Property

Type:
Retail
Building Status:
Established
Facilities:
28 tenants, management office
Location Description:
El Evado Rd & Palmdale Road, Victorville, CA 92392
Year Built:
1992
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About the Sale

Financing:
SBA Loans w/30% down
Current Property
Expenses:
1653840

Listing Info

ID:
1493860
Ad Detail Views:
12
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Property Listed by

Kevin Kim

Bee Realty Group - BRE 01922126

 Show Phone Number

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