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Comment

Richard, please remove my listing for the Apartment for Sale, it has been sold. Your site is great. Thanks Dave
 

Cactus Commerce Center for Sale
22420 Cactus Ave.
Moreno Valley, CA 92552
County: Riverside

Primary Type: Shopping Center / Strip Center
GLA: 16,000 SF
Lot Size: 1.30 Acres
Occupancy: 35.00%
Price: $4,900,000
Price/SF: $306.25
Cap Rate: 8.00%
Net Lease Investment: Yes
Years left on Lease: 5

Property Description: Just completed. Quality new construction. 9,000 feet of ground floor retail and 7,000 feet of 2nd floor office. Building was constructed to allow flexibility of interior walls. Excellent value add deal, lease out only and add $800,000 in value.

Location Description: Excellent high traffic location(35,000VPD), just off the 215 freeway and across the street from March Air Force Base. Area with tremendous growth potential.

Net Operating Income: $392,000 / Tenancy Type: Multiple

Walter Embree at (510) 385-5621

Cactus Commerce Center for Sale

Retail Center for Sale

 

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Comment

Dear Richard,

Thank You very much for your help on the financing. The rate turns out to be better than expected...

Joe D.

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