Commercial Retail Available In CA!

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John Patchin

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Oct 31, 2009, 11:27:16 AM10/31/09
to Cacprels
Cacprels
October 31, 2009
10:27:16 AM
USA REAL ESTATE!!!

Continuing a Tradition!!

Here we go, we are at it again!

We are offering excellent opportunity in Hermosa, CA. Nearly 2 acres of commercial retail space. 3 Story structure with underground parking.
Tenants include:
24 hour fitness leased until 2020, makes up 44% of the property.
Art Gallery
Realtor Offices
Seaside Business Offices 9% of Property.
Restaurant and others!

Current Annual Gross Rents: $2.270,722.00
Market Rent $3,500,000.00...can you say underperforming.

Last Recorded Appraisal Jan 09 for $62,500,000.00

Banks Loss = Your Gain $29M

Got to hurry on this one, goes public in 2 weeks!

POF and LOI get full detailed information!


Please respond to this directly, as I could unintentionally overlook a direct reply to the group!



Contact Me Directly!





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