SOLD! Now offering a 6.75% Cap Rate. Palm Plaza Shopping Center - Orland, CA. Anchored by Sav-Mor Grocery with recently renewed ten year term. The center is 100% fully leased and includes recently installed solar system. Current NOI is $317,351 with a 6.75% Cap Rate. Total of 36,527 sq. ft. on 2.79 Acres on two parcels. APN 041-07-1-011 & 041-07-1-032. Right in the heart of downtown. Orland's daily needs shopping center. New government and educational facility right next door brings many new customers and increased sales. PURCHASE PRICES: $4,700,000. See supporting documents by clicking links below. SavMor pays Operating Expenses for SavMor building. Owner pays Operating Expenses for Shops building.
Contact:
Mike Donnelly - 530-828-0011
32-64 E. Walker Street, Orland, CA 95963
