Summerfield Shops & Telegraph Shops

$1,229,324 USD

General Retail For Sale • 12,604 SF

2 Properties View all

Property Details

Property Type General Retail

0 Transit Score

10 Walk Score

                
                    Highlights
                
                                100% occupied strip center portfolio with NOI of $101,419 delivering immediate, predictable cash flow.
                            
                                ~9.0% Year 1 leveraged cash-on-cash and ~13.0% leveraged total return.
                            
                                In-place net effective rents are 30-50% below market across both properties.
                            
                                4.0-year WALT with staggered expirations and contractual increases for two tenants, providing near-term rent reset optionality.
                            
                                Service-oriented tenant mix
                            
                                Fully professional, appointment-based roster with recurring demand and minimal e-commerce exposure