Sunny Brook Center
At-A-Glance
Asking Price: $1,300,000
Cap Rate (In-Place): 7.61%
Cap Rate (Proforma): 10.30%
Occupancy: 100%
Opportunity
100% Leased, Value-Add (Low Rents) Neighborhood Shopping Center
Highlights
- 100% Leased Neighborhood Retail Center
- Value-Add thru converting Low Rents to Market Rates - Low Price Per Square Foot, Strong In-Place Cashflow with Upside
- Property can come with seasoned in place Property Manager
- Situated between large retail corridors servicing the local community - Creating top tier customer draw and strong tenant synergy
- The Subject Property features daily needs and e-commerce tenants, making this an ideal/safe 1031 replacement for an investor
- Excellent street visibility with large monument sign along busy thoroughfare of S Rock Rd - Over 31,527 vehicles per day in this area
- Strategic Location - Located between US Route 400 and Kansas Turnpike
- Strong Demographics - There are over 170,000 residents living within a 5-mile radius of the Subject Property, with an Average Household Income of $75,000
- Outstanding freeway access - The Subject Property is located within a mile from the on-ramps and off-ramps
