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Sold Date9/24/2020
Closed

32 E Walker StreetOrland, California CA95963-1523

Listing IDSN19056349

36,527 SqFt

$4,350,000

PRICE REDUCED! Palm Plaza Shopping Center - Orland, CA. Anchored by Sav-Mor Grocery with recently renewed ten year term. The center is 100% fully leased and includes recently installed solar system. Current NOI is $317,351 with a 6.61% Cap Rate. Total of 36,527 sq. ft. on 2.79 Acres on two parcels. APN 041-07-1-011 & 041-07-1-032. Right in the heart of downtown. Orland's daily needs shopping center. New government and educational facility right next door brings many new customers and increased sales. Annual Net Rental Income: $300,000+ . The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., and lot size taken from public records. Buyer is advised to investigate to their satisfaction.
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