Cap 12%, Shopping Center

Delta Plaza Shopping Center for Sale

Industrial corridor, serving as a gateway to the City of Scott Surrounded by local and national retailers, including: O’Reilly Auto Parts, Advance Auto Parts, Various industrial and commercial supply stores

Property Details: 
 -CAP Rate: 12% 
- NOI: $201,956 
- Vacancy: 5.6% 
- Building Size: ~41,200 SF (approx.) 
- Lot Size: 3.744 acres 
- AADT (Annual Average Daily Traffic): 19,920 
- Zoning: CH 
- Flood Zone: X (as of listing date) 
- Located in an Opportunity Zone  
- Tenant Overview: 
A mix of retail and service tenants, including:
1 Beauty Supply Store (to sign a new 5-year lease with the buyer) 
1 Shoe Store (to sign a new 3-year lease with the buyer) 
1 Nail Salon 
1 Dance Studio 
2 Churches 
- Recent Updates & Maintenance: 
Roof replaced in 2017 ($800K for roof & HVAC) 
- HVAC units range in age from 2017 to 2024 
- Individual meters for water and electricity 
Email listing agent for rent roll and more info