This attractive shopping plaza is located in the center of a high-activity thriving area. With covid restrictions ceasing by the day, traffic in the area is increasing and it is certain that there will be a rapid increase in the productivity of the plaza.
Some updates to the Site Plan.
The 4,000 SF space is leased to a Mexican Seafood restaurant
Units 1308, 1450, 1458, 1458 ½ – vacant
Little Caesars is in the process of expanding, going to take half of the 1320-30 unit.-
New Roof installed in early 2020. Attached is the 2020 Income Statement.
$354,375 on the new roof,
NOI for this year was a loss of $71,207. If you add back in the roofing cost and Mortgage interest, the NOI is $583,361.
Featuring newer Grocery Outlet lease