4
Prime Retail Shopping Center Available for Sale
📍 Location: Downtown Springfield, USA
💲 Asking Price: $8,500,000
📐 Size: 120,000 sq. ft.
💼 Occupancy Rate: 92%
Overview:
This is a rare opportunity to own a thriving retail shopping center located in the heart of Downtown Springfield. With a diverse mix of tenants, strong lease agreements, and high foot traffic, this property is a turnkey investment for any savvy commercial real estate investor.
Property Features:
- Strategic Location: Situated at a bustling intersection with easy access to highways and public transportation.
- Anchor Tenants: Includes nationally recognized brands such as XYZ Supermarket and MegaMart Electronics.
- High Foot Traffic: Over 50,000 visitors per month due to proximity to schools, offices, and residential areas.
- Parking Facilities: Ample parking with 500+ spaces, including EV charging stations.
- Modern Infrastructure: Recently renovated with energy-efficient lighting, upgraded HVAC systems, and modern façades.
- Retail Mix: A balanced tenant portfolio of retail, dining, and service-based businesses.
Financial Highlights:
- Annual Gross Income: $1,250,000
- Net Operating Income (NOI): $950,000
- Cap Rate: 11.2%
- Potential Upside: Space available for lease to increase rental income.
Why Invest?
- Strong Market Demand: Downtown Springfield is a rapidly growing market with increasing consumer spending.
- Stable Tenancy: Long-term leases with built-in annual rent escalations.
- Value-Add Potential: Opportunity to add retail kiosks or reconfigure layouts to attract more tenants.
Additional Information:
- Zoning: Commercial
- Year Built: 2005 (Renovated in 2022)
- Land Area: 15 acres
- Utilities: Fully connected to city water, sewage, and power.
📞 Contact Us:
For inquiries or to schedule a private showing, please contact:
📧 Email: info@jgcommercialgroup.com
📞 Phone: (555) 123-4567
Don’t miss your chance to invest in this profitable and strategically located retail shopping center!
