DCG Represents Buyer and Seller in 21,235 SF North Valleys Retail Strip Mall

DCG Represents Buyer and Seller in 21,235 SF North Valleys Retail Strip Mall

DCG’s Principals Dominic Brunetti, CCIM and Scott Shanks, SIOR, along with the investment team; Chris Shanks, CCIM and Matt DeRicco represented the seller of the three-tenant retail strip mall located at 1130 North Hills Boulevard. Selling for $5,750,000, this investment property is estimated to be at a 5.9% CAP rate.

The 21,235-square-foot retail building is currently at 100% occupancy, leased by Dollar Tree, Anytime Fitness, and My Kid’s Smile Pediatric Dentistry. Located in the North Valleys Submarket, this property sits on 1.82 acres of land and has clear visibility and access to I-580.