Promenade Plaza | 1705 Norman Dr
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Promenade Plaza 1705 Norman Dr
59,575 SF 100% Leased Retail Building Valdosta, GA 31601 $8,196,757 CAD ($138 CAD/SF) 8.41% Cap Rate
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income | - | - |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | - | - |
Net Operating Income | $689,633 | $11.58 |
FINANCIAL SUMMARY (ACTUAL - 2024)
Gross Rental Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Net Operating Income (CAD) | |
---|---|
Annual | $689,633 |
Annual Per SF | $11.58 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
59,575 SF
Building Class
B
Year Built
1982
Price
$8,196,757 CAD
Price Per SF
$138 CAD
Cap Rate
8.41%
NOI
$689,633 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.28
Lot Size
4.85 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial
Parking
252 Spaces (4.23 Spaces per 1,000 SF Leased)
Frontage
176 ft on Norman Dr
AMENITIES
- Dedicated Turn Lane
NEARBY MAJOR RETAILERS
PROPERTY TAXES
Parcel Number | 0084A-048 | Improvements Assessment | $1,118,126 CAD (2023) |
Land Assessment | $1,254,021 CAD (2023) | Total Assessment | $2,372,146 CAD (2023) |
PROPERTY TAXES
Parcel Number
0084A-048
Land Assessment
$1,254,021 CAD (2023)
Improvements Assessment
$1,118,126 CAD (2023)
Total Assessment
$2,372,146 CAD (2023)
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Promenade Plaza | 1705 Norman Dr
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