1120-1130 Royvonne Ave SE

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1120-1130 Royvonne Ave SE

Salem, OR 97302
Asking Price
$1.88M
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Popular mall with great mix of tenants! <ul><li>​Strong tenant mix with long-term lease potential</li><li>​One large vacancy provides upside opportunity for additional income</li><li>​Located in a growing Salem retail corridor</li><li>​NNN structure helps offset operating expenses</li></ul>

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NOI
$80,000
Cap Rate
4.27%
DSCR
0.72
Underwater
Cash-on-Cash
-5.57%
Monthly Payment
$9,276.477
Annual Cash Flow
$-31,317.724

Location & Travel Times