1. Office Building in North Miami Beach, FL: 17,710 SF fully renovated multi-tenant class A office building next to Hwy-1 & marina. NOI not avail. 100% leased. $3.75M.
2. Shopping Center in Rancho Cordova, CA: 40,704 SF shopping center shadow-anchored by Fresh & Easy and O’Reilly Auto parts at a signalized corner location. With excellent national/regional tenant mix. 70% NNN leased. NOI $466K/yr. $6.5M. 7.18% Actual Cap. Upside potential when 100% leased.
3. Retail Center in Ontario, CA: 45,075 SF recently renovated retail center with excellent visibility/adjacent to Fwy-60. Anchored by Sears Outlet. NOI $675K/yr. $7.675M. 8.8% Cap.
4. Retail Center in Apple Valley, CA: 4000 SF strip center built in 2007 on over 1 ac outparcel to Home Depot in Los Angeles suburbs. 71% NNN leased. Current NOI $102K/yr. $1.415M. 7.25% Actual Cap.
5. Bally Total Fitness in Huntington Park, CA: 30,334 SF fitness center on 1.32 ac corner lot across from The Home Depot/Staples anchored center. Densely populated Los Angeles area with over 1M residents within 5 miles. 9-yrs remaining on NNN lease. NOI $627K/yr. $8M. 7.84% Cap.
6. The Learning Experience in Apex, NC: brand new 10,000 SF single-tenant day care facility in fast growing and wealthy (AHI $89K/yr within 5-mile radius) Raleigh metro near US Hwy-64 and new I-540 Expressway. New 15 yrs NNN lease. NOI $247K/yr. with 12% rent increases every five years. $2.675M. 9.25% Cap.
7. Kinder Care in Everett, WA: 9986 SF free-standing day care center built in 2003 on 1.27 ac lot in affluent (AHI $83K/yr. within 1-mile radius) city just North of Seattle. 100% NNN ground lease. NOI $98K/year with 20% rent increase in 2016 and 2021. $1.409M. 7% Cap. Buyer owns the land.
8. Jack in the Box in Rock Hill, SC: 2814 SF fast food restaurant on 1.29 ac lot shadow-anchored by Food Lion grocery store at a busy corner lot location. 100% NNN lease. NOI $135K/yr. $1.8M. 7.54% Cap.
© Transmercial 2011.
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