Coldwell Banker CommercialNorthern California Retail Division

SOLD! Grocery Anchored Shopping Center - PALM PLAZA

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

 

Asking Price: 
4,700,000
Square Feet: 
36,527
Property Status: 
Available
Address: 

32-64 E. Walker Street, Orland, CA 95963

Location: