REAL ESTATES FORUM

Central Florida Shopping Center with ACTUAL Cap rate of 9 and
projected 2008 cap rate over 10!!! This offering includes just over
134,000 square feet of retail space, situation on 15.63 acres in
central Florida. There are also 12.43 contiguous acres of unimproved
land. Additionally, the asset features five improved out parcels, and
two unimproved out parcels. National and regional tenants represent
over 50% of total tenants. Occupancy is currently at 78.61%. In-
place NOI is over $700,000.00. Traffic at intersection is over 80,000
vehicles per day. Existing debt can be prepaid, assumed, or
potentially recast at higher LTV. Asking price on the shopping center
is $8,000,000. Asking price on the Vacant Land is $4,300,000 email-
OrlandoShoppingCenter@gmail.com