Westlake Village…across from Kroger's and up from Grand Piano.
Owe 2.4 million
Will take 2.75 million
Original appraisal was for 2.99 million
As is appraisal now is 2.1 million
85% occupied appraisal is 2.6 million
Upper Level….
Harvey Dentistry, 25%($4850), 5 year lease, $13/sq
Atlantic Bay, 20%($4350), 5 year lease, $13/sq
1200 square feet unoccupied next to ABMG…..ABMG will vacate upon request
Lower Level
State Farm…..1250 sq ft, $1200/mo
Acquisition Title….1200 sq ft, 1150/mo
3 1200 sq ft bays….one already built out
One 1800 sq ft bay
One 3000 sq ft bay
Taxes are 1200/mo
Maintenance around $500/mo
Utilities around 750/mo.
This is a great deal once occupied…..
419/East Main…corner of East Main and 419(where the old Spanky's was)
2.1 million sales price
2 million appraised value
Fully occupied
15100/mo rent
Utilities 0/mo
Maintenance $500/mo
Taxes $1250/mo
For info call or contact Bob Williams at: bobwilliams@atlanticbay.com 540-537-3112
Tuesday, May 11, 2010
Unlisted Commercial Property Available
5:15 PM
Posted by
Real Estate Investors of Roanoke™
Labels: appraisal, bob williams, grand piano, spanky's, westlake village
Labels: appraisal, bob williams, grand piano, spanky's, westlake village


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