CASH COW 100% OCCUPIED with 8.09% CAP! Vacant land to add more retail! Thousands of traffic counts per day. Shopping Ctr on main road, across the street from McDonalds & major retail stores, on bus line! City planning to invest $27 million incl road resurfacing, sidewalks, curbs & streetscapes. Tons of updates include completely re-stuccoed exterior & remodeled inside on universal mall, extensive landscaping on entire 6 acres, portions of parking lot resurfaced, outside lighting updated to LED, water meters in all units, main building painted, new awnings, new EPDM roofing membrane along the gutter line, new downspouts & much MORE! Potential for additional building with owner's help would produce over $20K per month and increase CAP rate to 12%!
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