Retail Strip in Edgewood for Sale

Commercial Investment Opportunity — East Mountains (6/7 Units Leased)
Seven-unit commercial investment property offered at $600,000. Six units are occupied by stable, long-term tenants, including a restaurant, a church, a retail service, an industrial end cap, and a community nonprofit organization. Current Net Operating Income (NOI) is $24,681.93 annually, reflecting a 4.11% cap rate. Estimated market-potential NOI is $60,765.93, presenting meaningful upside for future repositioning or lease renewals. One unit is vacant, allowing an owner-user to join the center.

The final lease term runs through January 2028, providing income security with limited near-term rollover risk. Existing tenants have strong business foundations and are expected to seek renewals at expiration. The property offers flexibility for a range of commercial uses moving forward.

A rare chance to acquire a community-anchored asset on a large gated lot with plentiful parking in the East Mountain market with lease stability, tenant renewal momentum, and future income growth potential.