32-61 E Walker Street Orland, CA 95963

$4,800,000 Active

About the Property

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.

Property Information

Size 36,527 SqFt
Price/SqFt $131
Year Built 1974
Property Type Retail
Listing Number SN19056349
Listed 3/12/2019
Modified 9/30/2019
Listing Agent Michael Donnelly
Listing Office Coldwell Banker/DuFour

Property Features

Retail SqFt
  • 36527
Water Source
  • Public