- Buca Di Peppo in Maitland, FL: 8071 SF Italian franchised Buca Di Peppo restaurant (same owner as Planet Hollywood) on 1.35 acres lot in Orlando metro. 20 yrs absolute corp NNN lease with 14 yrs remaining. NOI $182K/yr. with 1.5% annual rent bump. $2.434M. 7.5% cap.
- Shopping Center in Wichita, KS: 20,008 SF shopping center near I-35. 100% leased. NOI $213K/yr. $2.369M. 9% Cap.
- Best Buy in Alpharetta, GA: 45,231 SF retail building constructed in 1999 in fast growing & affluent Atlanta metro. 100% absolute NNN lease. NOI $732K/yr. $10.96M. 7.25% Cap.
- Office Building in Sparks, NV: 17,650 SF newly constructed multi-tenant office building near Northern Nevada Medical Center off of I-80. 100% NNN leased to 6 tenants. NOI $215K/yr. $2.650M. 8.12% Cap.
- Walgreen’s in Nashville, TN: 15,120 SF Walgreen’s Pharmacy at main retail corridor. 100% NNN leased with 17-years left on the lease. NOI $371K/yr. $5.213M. 7.2% Cap.
- Shopping Center in Lake Elsinore, CA: 34,850 SF nice-looking shopping center on 2.68 acres lot. Great ingress/egress and close to I-15. 95% NNN leased. NOI $385K/yr. $4.820M. 8% Cap. Priced below replacement cost.
- Shopping Center in Las Cruces, NM: 65,558 SF shopping center shadow-anchored by Albertsons Supermarkets at a signalized intersection. 97% NNN leased with 66% spaces leased to national and regional tenants. NOI $700K/yr. $7.785M. 9% Cap.
- CVS Pharmacy in Kennesaw, GA: 12,608 SF CVS Pharmacy built in 1995 on 1.37 ac lot with excellent visibility along I-41 in growing Atlanta suburbs. High 2010 store sales. CVS paying below market rent. 100% NNN leased. NOI $167K/yr. $1.720M. 9.75% Cap.
- Shari’s Restaurant in West Linn, OR: 3950 SF retail building with excellent visibility from I-205.Located in fast growing (27% since 2000) and affluent (AHI $107K/yr in 1 mile) Portland suburbs. 100% NNN lease. Tenant paying low market rent. NOI $69K/yr. with 2% annual rent increases $921K. 7.5% Cap.
© Transmercial 2011.
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