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The Offering: |
Corte Freccia is located along the Loop 101 Freeway in the prestigious Arrowhead Ranch area - one of the most dynamic and rapidly growing communities in the nation. This property offers an investor with a rare opportunity to purchase a newer vintage Class A property with a highly stable roster of current tenants, an assumable 4.98% interest rate loan and significant upside potential in leasing the remaining 20% vacancy. Leased-up NOI is $727,000 in-place is $618,000 (a 7% cap on the ask). All 3 vacant suites are built-out (2nd generation). |
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Property Type: |
Mixed-use (retail/office) center |
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Year Built: |
2004 |
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Approximate Size: |
±29,605 |
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Site Area: |
3.81 Acres |
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Price: |
$9,000,000 |
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CAP Rate: |
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Occupancy: |
80% |
| Terms: |
All Cash or Cash to Existing Loan |
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