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Commercial Deals Across the US

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Real Estate Agent with Vanguard Properties 00945374

I often receive questions about what type of commercial investment deals around the US. I thought a weekly update on this blog could offer a snap shot of some of the available properties in areas you may not otherwise consider.  These snapshots offer limited information, but they are actual listings and can be found in further detail at www.svn.com 

$1,760,000  -  Mesa, AZ.  15,000 sf commercial bldg, occupied by pool servicing company, 7.5% CAP, only $117/sf asking price.

$2,525,000  -  Los Angeles, CA  -  Hollywood area 18-unit apartment complex, above average-for-the-area CAP of 7%, 9.46 GRM.  Consistently high occupancy in this area, great price per door of $140.

$3,200,000 -  Colorado Springs, CO  -  Retail building with vacancy.  Currently 6.06% CAP, proforma upon rentup at 10.64% CAP.

$3,200,000 -  Topanga, CA  -  Recovery Center, 4000sf building on 7.8 acres.  Lease includes profit percentage, making the high side potential near 20%CAP.  Incredible deal, won't last.

$3,800,000 -  Norcross, GA  -  Indian Trail Plaza, 32,000 sf retail center, brand new construction.  High traffic - occupancy area, at rent up will produce 15.31% CAP.  Brand new building at $118.75/sf.  That is a deal.

There you have it, a snap shot of what is available around the US.  At Sperry Van Ness, we have a Monday morning marketing meeting each week where we preseent new listings on an internet teleconference to our over 900 brokers.  I will update this blog each week with a sample of those new listings. 

 

 

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I can provide more information about Marin County real estate and lifestyle opportunities, please call me at (415)450.8855 or email me at JoeBurnsMail@gmail.com.

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