Publix Credit rated Institutional Investments
For the private client, family office or Fund.
Summary:
Value add asset. Stable S&P Credit rating AA
Price $8,500,000
NOI 550,000
Cap 6.10%
GRM 16.67
SQFT 69,000
Upside is 11,400 sq ft at current market rates of 9 to 14 per sq ft or $101,000 to $159,000 added
to current $510k in NOI bringing the property to an 7.87% cap TO 8.36% CAP RATE on buyers
acquisitions BASED ON CURRENT RATE RATES NOT FUTURE RENTS.
And the value ADD to the center 11.150m at 6 cap or 10.2m AT 6.5 CAP RATE.
all Buyers must show proof of funds sign an NCND
Contact List agent- Mike Rivera 239-770-6257
Rivera, Ferrer & associate's - Lic RE broker
