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Established shopping center, located in growing area! - $650000
This is a well known shopping center that been established for 24 years. It is located in DeSoto County on Hwy 51, which is just outside Memphis. This shopping center consists of a 6 bay car wash, a laundromat and five office spaces of which four are occupied! The owner of this center operates the laundromat as an absentee operator! The laundromat generates an average of $12,500 per month! Total revenue averages around $15,000 per month!
Sales Price: $ 650,000
Established: approx 10-15 years
Reason for sale: Not enough time to devote to business
Monthly Receipts: 15,000
Down Pymt: $ 460,000
Financing available for the ballance or $460,000 cash.
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