SELF-OPERATING SHOPPING STRIP
LOCATION: East Meadow, NY 11554 DESCRIPTION: ONE STORY MASONRY BUILDING - 9 STORES LOT SIZE: 25,750 Sq. Ft.
BUILDING SIZE: 11,500 Sq. Ft.
TENANTS PAY: OWN ELECTRIC, FUEL AND REPAIRS.
ANNUAL RENT ROLL (includes contributions): $353,625.00
OPERATING EXPENSES:
Real Estate Tax: $106,543.00
Insurance: $22,295.00
Electric: $582.00
Water: $2,227.00
Cleaning: $1,749.00
Landscaping: $1,749.00
TOTAL OPERATING EXPENSES: $135,145.00 NET OPERATING INCOME: $218,480.00 PRICE: $4,200,000.0000
CAP: 5.20%