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REE.com - where the real estate investor market is always hot. With real estate credit virtually non-existent, facilitating a direct 1031 exchange between property owners is a great alternative. REE.com is the oldest, most trusted, and fastest-growing online exchange website for the trading or property swap of commercial real estate properties.


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I am interested in the below property. Send them my property page Send Property
 Corpus Christi Strip Center

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Property Type:  Commercial - Strip Center
Last Updated:  2/6/2012 2:45:37 PM EST
Property # 33322
Location:  Corpus Christi, Texas 78404 USA
View Address On Mapquest
           
Value: 
Loans: 
Equity: 
$450,000
$0
$450,000


Property Description:
7,000sf Strip Center at an excellent location facing a Major Grocery Anchored Retail Center. Building is 100% occupied with stable tenants. CVS has just finished construction on a new building next door. On site management in place.
Benefits to New Owner:


 Lease Information
No information found.

 Annual Income & Expense
 Per/Year % of G.I. Projected/Year
Gross Schedule Income $61,680100%
Less Vacancy (-) $00%
Other Income (+) $00%
Gross Operating Income $61,680100%
Operating Expenses (-) $27,46745%
Net Operating Income (=) $34,21355%
Loan Payments (-) $00%
CASH FLOW (=) $34,21355%
Capitalization Rate 7.60% 0.00%
Lot Size 
Zoning 
Yr. Built 1952

Additional Income & Expense Comments
All tenants on 2-3 year leases.

 Loans
  Balance Mo. Payment % Rate Year Due Lender Assumable
Loan #1: $0$0 NO
TOTALS $0$0       

Loan Comments
Free and clear.

 Additional Information Available Upon Request
No Appraisal available at this time
Maps: Area & Plat
Title Report
Photographs
Leases
Financial Statements
A/P and A/R

 Can Adds
  Property Type Value Loans Equity Cash Flow (Yr.)
1Personal Property/Notes / Paper $1,000,000$0 $1,000,000 $0
  CAN-ADD TOTALS$1,000,000$0$1,000,000$0

Click to view Other parties that may want what you have based on a computer match from the property records data

 Owner's Profile
Occupation  Self Employed   Name  Please Sign In or Register to view owner information.

Why Owner No Longer Wishes to Own This Property
Want to take profit and move on

Owner Comments and Benefits desired from Exchange
I am open to ideas. I am not looking to take on debt. We would love a condo in the Rockies, but am open to other ideas.

 Will Consider Exchanging For
Commercial: Factory Outlet, Mall, Medical, Office, Resort, Retail, Shopping Center, Strip Center, Vacant, Other
Industrial: Manufacturing, Mini Storage, R & D, Vacant, Warehouse, Other
Residential Income: Apartments, Condo(s), House(s), Vacant, Other
Land: Commercial, Farm / Ranch, Industrial, Leased, Mixed Use, Multifamily, Residential, Subdivision, Timberland, Other
Personal Property: Cash, Notes / Paper, Barter Currency, Airplane, Automobile, Boat / Yacht, Gem Stones, Insurance/Viaticals, Services, Stocks, Other

U.S. Locations
Map
States/Regions:

Regions: 'WEST', 'SOUTHWEST', 'MIDWEST'

Owner Will Exchange for Additional Comments
Open to ideas. Not looking to take on debt. Would be interested in a condo in the Rockies in Ski country, but open to other ideas as well.

 Property Represented By

Click Here to contact the Owner or Agent representing this property.

REE.com Inc. has not verified the above property information and therefore does not guarantee or warranty any information contained herein. It is your responsibility to seek independent assistance for legal, tax, financial and physical inspections. All information submitted is subject to errors, omissions, change of price/value, withdrawal and to any special listing conditions imposed by the principals.

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