SHOPPING CENTER FOR SALE
LOCATION:
Patchogue, NY 11772
DESCRIPTION: ONE STORY RETAIL
SHOPPING CENTER
LOT SIZE: 30,000 SQ. FT.
BUILDING SIZE: 7,000 SQ. FT.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL
(includes contributions): $249,756.00
OPERATING EXPENSES:
Real Estate Tax: $31,083.00
Insurance: $14,377.00
Electric: $2,480.00
Water/Sewer: $1,291.00
Rubbish Removal: $12,543.00
Cleaning: $2,739.00
Snow Removal: $3,678.00
Misc. Repairs: $1,182.00
TOTAL OPERATING EXPENSES: $69,373.00 NET OPERATING INCOME: $180,383.00 PRICE: $3,250,000.00 (5.55% CAP; built in increases on all tenants)