Friday, August 5, 2011

07-22: Walgreen's, Fresenius Medical Care, KFC Restaurant, Shopping Center


  1. Walgreens in Pueblo, CO: 24-hrs drug store with drive-thru constructed in 2000 on 2.58 acres lot at a busy signalized intersection close to Hwy 50/I-25. NNN- leased till 2020. NOI $411K/yr. $5.202M. 7.9% Cap. 
  2. Fresenius Medical Care in Jackson, MI: 8000 SF Class-A 2-yr old medical building near Allegiance Health Hospital. 15 yrs NNN- lease with 13 yrs remaining. NOI $245K/yr with 1% annual rent escalations. $2.978M. 8.25% Cap. 
  3. Mixed-Use Center in Lawndale, CA: 43,256 SF retail/office center on 2.63 ac lot at heavily traveled blvd with huge monument-sign near I-405 in Southern CA. 90% leased. NOI $699K/yr. $9.9M. 7.07% Cap.  
  4. Shopping Center in Mansfield, TX: 40,068 SF shopping center built in 2001 next to Wal-Mart in Dallas/fort Worth MSA. 71% NNN leased by national/regional tenants. NOI $383K/yr. $5.250M. 7.30% Cap. Upside potential. 
  5. KFC in Roanoke Rapids, NC: KFC well-performing restaurant built in 2007 adjacent to Wal-Mart Supercenter close to Halifax Regional Medical Center and I-95. 17-yrs NNN lease. NOI $135K/yr. $1.652M. 8.20% Cap. Store with strong sales revenue of $1.58M. 
  6. Office Business Park in Broomfield, CO: 115,968 SF business park on 11.88 acres of land near Flatiron Crossing Mall. 95% leased. NOI $1.244M. $14.350M. 8.67% Cap. Upside potential as tenants are paying low rent.  
  7. Shopping Center in Lancaster, CA: 32,662 SF attractive shopping center built in 2005 at high traffic intersection in Los Angeles county. Anchored by Family Dollar store and shadow-anchored by CVS Pharmacy. 100% leased. NOI $415K/yr. $5.250M. 7.91% Cap. 

© Transmercial 2011.

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