Value add Opportunity | 500,000+ SF on 60 AC | 12.25% Cap As-Is
Share on Facebook 
Post to X 
Share on LinkedIn 
Share on Reddit Business Description
Cash flowing mall $1.47M NOI in place
Key Highlights:
Size: ~500,000 SF Gross Leasable Area
Land: 60acres (potential for expansion or redevelopment)
Occupancy: ~60% leased – immediate upside in leasing remaining space, development rights, empty boxes sale
Current NOI: $1,470,000
Cap Rate (As-Is): ~12.25%
Asking Price: $12,000,000
Size: ~500,000 SF Gross Leasable Area
Land: 60acres (potential for expansion or redevelopment)
Occupancy: ~60% leased – immediate upside in leasing remaining space, development rights, empty boxes sale
Current NOI: $1,470,000
Cap Rate (As-Is): ~12.25%
Asking Price: $12,000,000
About the Business
- Years in Operation
- 58
- Employees
- 11 (3 Full-time, 3 Part-time, 5 Contractors)
- Facilities & Assets
- Size: ~500,000 SF Gross Leasable Area
Land: 60 acres (potential for expansion or redevelopment)
Occupancy: ~60% leased – immediate upside in leasing remaining space, development rights, empty boxes sale
Parking: 5195 parking spaces - Opportunities for Growth
- Value add opportunity
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 500,000
About the Sale
- Seller Motivation
- Repositioning
- Transition Support
- Support during transaction
Listing Info
- ID
- 2446108
- Listing Views
- 389
Listing ID: 2446108 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Similar Listings
