Park Plaza Shopping Center
2002-2030 Galena Avenue
Auction: October 9, 2002
71,837 square foot community shopping center on main north/south thoroughfare
Eagle Foods anchored with 16 years remaining on lease
47,871 square feet leased
23,966 square feet available.
In place Net Operating Income $345,000
Proforma Net Operating Income @ 100% $563,465
Totally renovated in 1999, no deferred maintenance
Very low CAM & Real Estate Taxes
Suggested Opening Bid $2,500,000
Call for a detailed property information, terms of sale and bidder’s information package.