Washington Place

 

Investment Highlights

  • Long Term Anchor Leases
    • HH Gregg (2024)
    • Big Lots (2024)
  • Scheduled Rent Increases
  • NNN Leases
  • Upside Potential (85% Occupied)
  • 83% National Credit Tenants
  • Priced Below Replacement Cost
  • Adjacent to Washington Square Mall
  • Infill Location
  • 135,000 People Within 5 Miles
  • Household Income: $81,578 (1Mile)
  • Located on Main Retail Corridor
  • Strong Traffic Counts (39,486 Cars/Day)

Offering Summary

  • Price: $6,100,000
  • CAP: 8.04%
  • 2022 Cap: 10.14%
  • GLA: 102,573 Square Feet
  • Site Area: 11.5 Acres
  • Pice/SF: $59.47

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