BUSY QUEENS CENTER FOR SALE
LOCATION: Flushing, NY 11367 DESCRIPTION: 1 Story Brick Building - 15 Stores
LOT SIZE: 17,400 Sq. Ft.
BUILDING SIZE: 20,300 sq ft (includes 7,400 rentable basement)
TENANTS PAY: own electric, fuel, water.
ANNUAL RENT ROLL (includes contributions): $1,012,197.00
OPERATING EXPENSES:
Real Estate Tax: $206,851.00
Insurance: $34,305.00
Fuel: $23,615.00
Gas & Electric: $1,337.00
Water: $26,695.00
Cleaning: $2,266.00
Exterminating: $498.00
Misc. Repairs: $2,510.00
TOTAL OPERATING EXPENSES: $298,077.00 NET OPERATING INCOME: $714,120.00 PRICE: $15,500,000.00 REDUCED PRICE!
CAP: 4.61%
_____________________________________________________________________________ NOTES:
Inspection of property by appointment only.
Do not disturb tenants.
Building is sprinklered which holds down insurance costs.
Tenants do all repairs and cleaning of sidewalks.



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SHOPPING CENTER
LOCATION: , Mount Sterling, KY 40353 DESCRIPTION: ONE STORY BUILDING - 12 STORES.
LOT SIZE: 27.45 ACRES
BUILDING SIZE: 166,949 SQ. FT.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (includes contributions): $1,290,686.00
OPERATING EXPENSES:
Real Estate Tax: $94,162.00
Insurance: $41,135.00
Electric: $13,614.00
Water & Sewer: $963.00
Cleaning: $21,484.00
Landscaping: $19,115.00
Snow Removal: $33,155.00
Misc. Repairs: $1,125.00
TOTAL OPERATING EXPENSES: $224,753.00 NET OPERATING INCOME: $1,065,933.00
PRICE: $12,450,000.00 (CAP 8.56%)
_____________________________________________________________________________
NOTES:
This property is offered subject to omissions, errors, change in price and withdrawal without notice. Inspection of property by appointment only. Do not disturb tenants.
BUSY QUEENS CENTER FOR SALE LOCATION: Flushing, NY 11367 DESCRIPTION: 1 Story Brick Building - 15 Stores LOT SIZE: 17,400 Sq. Ft. BUILDING SIZE: 20,300 sq ft (includes 7,400 rentable basement) TENANTS PAY: own electric, fuel, water. ANNUAL RENT ROLL (includes contributions): $1,012,197.00 OPERATING EXPENSES: Real Estate Tax: $206,851.00 Insurance: $34,305.00 Fuel: $23,615.00 Gas & Electric: $1,337.00 Water: $26,695.00 Cleaning: $2,266.00 Exterminating: $498.00 Misc. Repairs: $2,510.00 TOTAL OPERATING EXPENSES: $298,077.00 NET OPERATING INCOME: $714,120.00 PRICE: $15,500,000.00 REDUCED PRICE! CAP: 4.61% _____________________________________________________________________________ NOTES: Inspection of property by appointment only. Do not disturb tenants. Building is sprinklered which holds down insurance costs. Tenants do all repairs and cleaning of sidewalks. ++++++++++++++++++= SHOPPING CENTER LOCATION: , Mount Sterling, KY 40353 DESCRIPTION: ONE STORY BUILDING - 12 STORES. LOT SIZE: 27.45 ACRES BUILDING SIZE: 166,949 SQ. FT. TENANTS PAY: OWN UTILITIES. ANNUAL RENT ROLL (includes contributions): $1,290,686.00 OPERATING EXPENSES: Real Estate Tax: $94,162.00 Insurance: $41,135.00 Electric: $13,614.00 Water & Sewer: $963.00 Cleaning: $21,484.00 Landscaping: $19,115.00 Snow Removal: $33,155.00 Misc. Repairs: $1,125.00 TOTAL OPERATING EXPENSES: $224,753.00 NET OPERATING INCOME: $1,065,933.00 PRICE: $12,450,000.00 (CAP 8.56%) _____________________________________________________________________________ NOTES: This property is offered subject to omissions, errors, change in price and withdrawal without notice. Inspection of property by appointment only. Do not disturb tenants.
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