Diamond Bar Shopping Center
Tuesday, March 18th, 2008Property Use Type: Investment
Primary Type: Shopping Center
Neighborhood Center
Price: $4,800,000
GLA: 60,439 SF
Lot Size: 5.20 Acres
Occupancy: 100.00%
Price/SF: $79.42
Cap Rate: 7.33%
Net Operating Income: $350,400
Property Description:
Bowling Center plus 15 additional retail units. 100% occupied, below market rents, excellent upside potential. Mostly NNN leases (2 are MG). Recent remodel. Land lease thru Jan 2055. Land for sale separately at $11,200,000.