Value add Opportunity | 500,000+ SF on 60 AC | 12.25% Cap As-Is
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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
Listing Info
- ID:
- 2446108
- Listing Views:
- 286
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.
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