$3,500,000

About this home

Approximately an 8% CASH ON CASH return, plus extra land land to build more tenant space. Long established (37 years) 100% occupied 43,504 sq. ft. shopping center. Tenants are IGA Grocery Store, Spectrum, Walgreen's & Dollar Tree. Value add component of vacant land that would accommodate approximately 20,000 - 30,000 sq. ft. of additional retail buildings and parking. Parking lot milled as needed, repaved, sealed and striped in 2025. Exterior repainted in 2025. Roofs in excellent shape. Please do not conspicuously visit the interior of any tenant spaces without making prior arrangements with the listing agent. There are 2 outparcels that ARE NOT included in this offering. 1 is 1.64 acres available for $199,000, 1 is .64 acres available for $75,000. Prospective buyer's need to be prequalified/vetted. A serious/qualified buyer will need at least approximately $1,000,000 in cash to put into a purchase, or have a track record of similar or larger investments.

Property details

MLS

Canopy MLS

MLS #

CAR4423374

Property type

Retail Center

Subdivision

N/A

Status

Active

Days on market

1

On market date

September 10, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.