Property details

Winn-Dixie Anchored Shopping Center For Sale, Southeast Region

Property Description

Located in an Income Tax Free State!     


Winn-Dixie Anchored Shopping Center

The anchor is Winn-Dixie at 45,500 sq ft which has been renovated.

This deal just fell out of contract due to Buyer non performance.

The Best price is $13.3MM + 3% Buyer Fee.

Current NOI is 960K.

This is a min 7.2% Cap.

There is no deferred maintenance and center is kept in excellent condition.

The current occupancy is 96%

The asset will be delivered Free & Clear.

Do not attempt to contact management they are unaware of any pending sale.

This is a Private, Confidential and Off-Market Offering. This property is quietly being offered and is not being widely marketed on commonly used large listing services.

Buyer responsible for 3.00% commission.






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Highlights

Status:
Available
Price:
$13,300,000
Cap Rate:
7.20%
 

Property Information

Property Type:
Shopping Center
Industry Type:
Retail
Units/Spaces:
20
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.