SHOPPING CENTER FOR SALE
LOCATION: Ware, MA 01082
DESCRIPTION: One Story Retail Building - 6 Stores & Pad Site
LOT SIZE: 7.68 Acres
BUILDING SIZE: 24,081 Sq. Ft.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (including contributions): $424,878.00
OPERATING EXPENSES:
Real Estate Tax: $41,716.00
Insurance: $54,723.00
Gas & Electric: $2,571.00
Water & Sewer: $4,501.00
Cleaning & Landscaping: $2,885.00
Snow Removal: $31,738.00
TOTAL OPERATING EXPENSES: $138,134.00
NET OPERATING INCOME: $286,744.00
PRICE: $5,250,000.00 (CAP 5.46%)
_____________________________________________________________________________ NOTES:
Ware is a retail hub including such nationals as Lowes, McDonald's, Wal-Mart, Walgreen's, Dunkin Donuts, Bank of America, CVS and a retail shopping center with other large chains.