Wednesday, November 3, 2010

10-20: Medical office bldg, Rite Aid, Walgreens Center For Sale

  1. Medical Office building in Canton, GA: 11,050 SF 2-tenant medical office building on 2.38 acres site in fast growing middle class Atlanta suburbs.  Near 80-bed Northside Hospital.  100% leased by an Eye Clinic, and Allergy & Asthma clinic.  NOI $217K/yr. $2.65M. 8.3% cap. 
  2. Rite Aid in Roseville, CA: 17,700 SF drug store built in 2003 on 2 acres corner lot in high income Sacramento suburbs.  25 yrs NNN leased till 2023.  NOI $476K/yr with rent bump every 5 yrs.  $5.96M. 8% cap. 
  3. Autozone in Madera, CA: 6786 SF Autozone built in 2009 on .78 acres lot just off Hwy 99 exit in growing city in San Joaquin Valley.  New 15 yrs NNN corp lease.  NOI $148K/yr. with 10% rent bump every 5 yrs.  $2.21M. 6.7% cap. 
  4. Walgreens Center in Stockton, CA: 22,113 SF retail center built in 2008 on 2.8 acres lot in front of Costco.  Center consists of free-standing Walgreens and 4 pad shops.  93% NNN leased.  NOI $585K/yr. $7.76M. 7.5% cap. 
  5. Apartments in Palmdale, CA: 18-unit well-maintained apartments built in 1984 on .56 ac lot.  Security gated.  95% occupied.  NOI $85K/yr.  Just $954K.  9% cap. 
  6. Medical Office Building in Jacksonville, FL: 20,468 SF beautiful 6-yrs old medical office building on 4.82 acres lot in a very wealthy area (AHI $160K/yr w/i 1 mile). 100% NNN leased.  NOI $401K/yr. $5.02M. 8% cap. 
  7. Shopping Center in Pensacola, FL: 122,323 SF community shopping center across from Wal-mart Supercenter.  100% occupied by discount oriented tenants. NOI $475K/yr.  $5.175M. 9.2% cap.
© Transmercial 2010.  All rights reserved.

No comments:

Post a Comment