Description
Prime investment opportunity featuring a fully leased neighborhood strip center with an established coin laundry business included in the sale. Situated on a 26,037 SF lot with approximately 15,939 SF building area, this six-unit retail center totals about 13,160 SF and offers excellent visibility along Galena Blvd. The property features a stable mix of long-term, service-oriented tenants that provide consistent traffic and are largely resistant to online competition. The coin laundry generates strong income, contributing to the property's overall cash flow. With a favorable land-to-building ratio, ample parking, and strong frontage on a busy commercial corridor, the site offers both immediate income and future redevelopment potential. Ideal for investors or 1031 exchange buyers seeking a stabilized asset with upside.
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School Ratings & Info
Description
Prime investment opportunity featuring a fully leased neighborhood strip center with an established coin laundry business included in the sale. Situated on a 26,037 SF lot with approximately 15,939 SF building area, this six-unit retail center totals about 13,160 SF and offers excellent visibility along Galena Blvd. The property features a stable mix of long-term, service-oriented tenants that provide consistent traffic and are largely resistant to online competition. The coin laundry generates strong income, contributing to the property's overall cash flow. With a favorable land-to-building ratio, ample parking, and strong frontage on a busy commercial corridor, the site offers both immediate income and future redevelopment potential. Ideal for investors or 1031 exchange buyers seeking a stabilized asset with upside.
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