Friday, June 19, 2009

Shops of Ann Adler

4966 Poplar. 4320 sq ft. Gary Shanks says leases for $15 NNN. Owner asks for $4500 per month rent plus around $900 for taxes and insurance, so tenant pays a total of $5400 gross per month.

I met Gary at site 18-June-09. He is with Shopping Center group.

Owner is asking $650,000 for sale. He will owner finance at 7% for 15 to 20 years.

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