PRICE REDUCED! Palm Plaza Shopping Center - Orland, CA. Anchored by Sav-Mor Grocery with recently renewed ten year term. The center is 100% fully leased and includes recently installed solar system. Current NOI is $317,351 with a 6.61% Cap Rate. Total of 36,527 sq. ft. on 2.79 Acres on two parcels. APN 041-07-1-011 & 041-07-1-032. Right in the heart of downtown. Orland's daily needs shopping center. New government and educational facility right next door brings many new customers and increased sales. Annual Net Rental Income: $300,000+ . The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., and lot size taken from public records. Buyer is advised to investigate to their satisfaction.
|Listing Agent||Michael Donnelly|
|Listing Office||Coldwell Banker/DuFour|
Listed by Michael Donnelly of Coldwell Banker/DuFour. Listing data last updated 7/11/2020 at 11:36 PM PDT.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/3/2020 11:05 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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