Wednesday, October 28, 2009

Top 8 Properties Amoing 330 10-14-09

  1. Advance Auto Parts in Parker, CO: 7000 SF single tenant retail building constructed in 2004 on 1 acre lot at busy intersection in fast growing (83%) & well off (AHI $101K/yr) Denver metro. Long NNN corp lease. NOI $129K/yr. $1.664M. 7.75% Cap.
  2. Tuffy Auto in Omaha, NE: 3900 SF recently constructed Tuffy Auto retail building adjacent to newly constructed Super Target, OfficeMax, Hobby Lobby and Sport Authority. New 20-years NNN corp lease with 7.3% rent increase in 2013. NOI $111K/yr. $1.3669M. 8.15% Cap.
  3. Retail Building in Jacksonville, FL: 10,452 SF two-tenant retail building constructed in 1994 on over 1 acre lot across from Regency Square Mall. 100% NNN leased. NOI $215K/yr. $2.395M. 9% Cap.
  4. Shopping Center in Suwannee, GA: 33,500 SF beautiful shopping center on 4.62 acres of land with excellent visibility in fast growing Atlanta suburbs. 100% NNN leased. NOI $311K/yr. $3.992M. 7.81% Cap.
  5. 2-Stories Office Building in Matteson, IL: 22,524 SF mature office building on 2.45 acres of land conveniently located at active thoroughfare. 84% leased. NOI $128K/yr. $1.350M. 9.55% cap. Upside potential when fully leased.
  6. Strip Center in Raleigh, NC: 13,800 SF eye-catching strip center built in 1996 on 1.12 acres of parcel near US-1. 100% NNN leased. NOI $138K/yr. $1.583M. 8.75% Cap.
  7. Retail Center in Wake Forest, NC: 11,454 SF multi-tenant retail building on over one acre lot adjacent to The Market of Wake Forest center anchored by Food Lion. 100% NNN leased. NOI $152K/yr. $1.607M. 9.5% Cap.
  8. Walgreens Pharmacy in West Palm Beach, FL: 19,020 SF beautiful Walgreens retail building at active intersection with 70,000 VPD in densely populated area. 100% leased. NOI $428K/yr. $4.950M. 8.57% Cap.

    © copyright Transmercial 2009. All rights reserved.

No comments:

Post a Comment