1010 N Tennessee St Shopping Center 1010 N Tennessee St

Investment Highlights

100% occupied Great investment property

Executive Summary

Don't miss out on this amazing investment opportunity. This property sits on over 3 acres and boosts 13 retail units on the main level and 10 office space units on the 2nd levels. Nineteen of the units are occupied by tenants and generate $23k per month in gross rents. The owner occupies the other four units. The rent rates are low due to parking issues that have now been resolved. The gross rental income could easily be raised 40-50% if all units were utilized as rentals. *Note: The Los Arcos building is not a part of this property*Ask about owner financing for up to 30 years.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Retail/Office Office Office Live Work Unit Storefront Retail/Residential
• Building Size    36,187
• Building Class    B
• Year Built    2006
• Price    6,500,000
• Price Per SF    180
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Building FAR    0.25
• Land Acres    3.39 AC

• Pylon Sign