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Capital Plaza Retail Shopping Center 85% occupied, 8.6% CAP rate.

Capital Plaza Shopping Center is located in Montgomery, Alabama. Price Reduced to $3,550,000. Owners will listen to all offers. The center has over 201,000 sq, ft of retail space and a mix of national and local tenants. This is an older shopping center that current owners have done a good job of stabalizing and improving occupancy. Demographics are strong, excellent traffic counts and visibility, and the owners are ready to move this property. Current NOI of $305,000. Please contact me for a complete marketing package.

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Permalink Reply by Charles Mills on November 10, 2011 at 2:18pm

Hello My name is Charles, I have a Buyer that has over 35 shopping centers and may want to look at the Capital Plaza. Please contact me on this deal It me fit what he is looking for. He has a strong track record buying Retail/shopping centers and is aggressive when he finds one he likes. Also please let me know if you have other deals to look at as well. Thanks

Charles M

realestatedealsdone@yahoo.com