- Shopping center in Baltimore, MD: 56,109 SF 13-unit shopping center on 4.71 acres lot with over 500K residents in 5 miles ring. Anchored by Santoni’s supermarket and Rite Aid. 100% leased. NOI $720K/yr. $9.25M. 7.79% cap.
- Dialysis Center in Plainfield, IN: 7475 SF class-A dialysis center built in 2008 on 1.38 acres lot in affluent Indianapolis suburbs. 15 yrs NNN- lease to DST Renal (owned by Davita) with 12 yrs remaining. NOI $175K/yr with up to 3% annual rent bump. $2.267M. 7.75% cap.
- Strip Mall in Inglewood, CA: 5416 SF strip center on a corner lot in densely populated city (800K people in 5 miles) in Los Angeles with easy access to I-405. 100% occupied. NOI $100K/yr. $1.5M. 6.7% cap.
- DD’s Discounts in Inglewood, CA: 22,194 SF single-tenant retail center as part of a shopping center anchored by CVS and O’Reilly Auto. New 10 yrs NNN lease to DD’s Discounts (owned by Ross). NOI $310K/yr with 7% rent bump every 5 yrs. $4.78M. 6.5% cap.
- Rite Aid in Flower Branch, GA: 13,812 SF drug store built in 2004 on 1.6 acres parcel in Atlanta suburbs. Long term absolute NNN lease. NOI $296K/yr. $3.29M. 9% cap.
- Shopping Plaza in Pompano Beach, FL: 27,467 SF retail center Fort Lauderdale metro.80% leased. NOI not avail. $2.75M. Just $100/SF.
- Shopping Center in Wake Forest, NC: 21,860 SF upscale shopping center built in 2005 on 2.36 acres lot fast growing (120% since 2000) Raleigh suburbs. 95% NNN leased. NOI $342K/yr. $3.9M. 8.78% cap.
- Shopping Center in Indio, CA: 32,309 SF shopping center on 3.5 acres lot. Anchored by Family Dollar store. 71% leased. Current NOI $311K/yr. $3.888M. 8% cap. Upside potential when fully leased.
© Transmercial 2011
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