Commercial & Business Division
Price:
$17,000.000
Property Type:
Enclosed regional mall (Multiple Tenants)
Occupancy:
94%
CAP:
13%
Rentable Area:
397.731 SF = 36.950 m2
Lot:
63.954 AC = 258.812 m2
NOI:
$2,336,429 / year
Year Built:
1992
Anchor Tenants:
Kmart, Sears, JCPenney, Belk, Bealls, Carmike Lakeshore Cinemas.
National Tenants:
Parking:
Bath and Body, Game Stop, Radio Shack, Vitamin World, Sweet Temptations, Zale’s, Kay Jewelry, Payless Shoesource, Claire’s and others. Over 2,884 spaces including 39 handicapped spaces.
Location:
The Property is located on the west side of US Highway 27 and bounded by Sparrow Avenue to the north and Mall South Entrance road to the south.
Great Condition, Great Exposure, Property has been inspected and is ADA compliant. One singlestory mall building with six attached anchor stores. Sears is the only not part department store.
Lakeshore Mall’s trade area includes over 357,000 people in 132,617 households. By year end 2016 the trade area is projected to see sizeable growth gains of 5.27%.
Extra: Extra II:
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice.
Commercial & Business Division
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice.