1. Travelodge-Ambassador Inn in Las Vegas, NV: 106-room well-maintained motel on 1.57 ac lot only one block from Las Vegas Strip adjacent to airport. NOI $435K/yr. $4M. 10.88% Cap.
2. Office Building in Bloomington, IL: 19,060 SF 6-years old multi-tenant office building near Osf St Joseph Medical Center & Eastland Mall. 100% leased. $2.1M. 9.5% Cap.
3. CVS Pharmacy in Roseville, CA: 15,791 SF free-standing/drive-thru drugstore built in 2009 in fast growing (118.65%) & well-off (AHI $90K/yr within 2-miles) Sacramento metro. 18-yrs remaining or original NNN lease. NOI $663K/yr with rare 15% rent increase in 2019 and 10% in 2024. $8.29M. 8% Cap. Note: this is a not-yet opened location.
4. Retail Center in Jonesboro, GA: 16,339 SF attractive retail c enter outparcel to Kmart at highly visible location along major boulevard. 100% leased. NOI $199K/yr. $1.950M. 10% Cap.
5. Office Building in Baytown, TX: 18,193 SF recently renovated multi-tenant office building in close proximity to San Jacinto Methodist Hospital in Houston suburbs. 96% leased. NOI $135K/yr. $1.5M. 9% Cap.
6. Strip Center in Glen Cove, NY: 7200 strip center on .53 ac lot with excellent exposure in a prime North Shore location in New York metro. 90% leased. NOI $134K/yr. $1.625M. 8.25% Cap.
7. Shopping Center in Summerfield, FL: 27,171 SF shopping center anchored by Office Depot across from Wal-Mart Supercenter with excellent access/visibility to US Hwy-441. 100% leased. NOI $549K/yr. $6.1M. 9% Cap. Buyer to assume $4.825M loan at 6% interest.
8. Retail Center in Rancho Cucamonga, CA: 16,800 SF retail center close to a hard corner location in fast growing Los Angeles city. NOI $326K/yr. $4.5M. 7% Cap.
© Transmercial 2011
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