- Pep Boys in Las Vegas, NV: 18,196 SF beautiful retail building constructed in 1997 on 1.88 acres of land in fast growing area. New 15-years absolute NNN corp lease. 1.5% annual rent increases. NOI $227K/yr. $4.585M. 7.25% Cap.
- Denny’s Restaurant in Pomona, CA: 3392 SF single-tenant retail building on 1.14 acres of parcel at extraordinary location off of I-10. 100% NNN leased. NOI $103K/yr. $1.150M. 9% Cap.
- Medical Office in Mesquite, TX: 13,382 Class-A 2-story office building at prime location next to Fwt-635. Long NNN leased. NOI $252K/yr. $2.8M. 9% Cap.
- Retail Center in Colleyville, TX: 6,800 SF eye-catching retail building on .69 acre lot at busy DFW metro. 100% leased. NOI $135K/yr. $1.5M. 9% Cap.
- Jack in the Box in Perris, CA: 2,850 SF single-tenant retail building constructed in 1996 on .54 acre lot adjacent to Wal-Mart shopping center at signalized intersection. 100% absolute NNN corp lease. NOI $162K/yr. $2.309M. 7.05% Cap.
- Wienerschnitzel in Palmdale, CA: 1840 SF drive-thru restaurant built in 201 on .70 acre pad off of Hwy-138/14. New 20-years NNN leased by national tenant. NOI $88K/yr. $1.175M. 7.5% Cap.
- Shopping Center in Houston, TX: 17,775 SF shopping center built in 2005 on 1.78 acres of land. 100% leased to quality local/regional tenants. NOI $264K/yr. $2.780M. 9.5% Cap.
Monday, August 24, 2009
Top 7 Commercial Properties 08-17-09
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