- Burger King in Corpus Christi, TX: 3105 SF fast food restaurant built in 2008 on 1 ac lot on a major thoroughfare. 100% absolute NNN lease with 17-yrs remaining to an operator with 40+ units. NOI $110K/yr with 1% annual rent increases. Store with est. $1.5M in sales revenue. $1.419M. 7.75% Cap.
- Shopping Center in Plant City, FL: 37,458 SF well-maintained shopping center anchored by 29,500 SF Tractor Supply and close to I-4 in Tampa Bay metro. 90% leased. NOI $184K/yr. $2.250M. 8.20% Cap.
- Strip Center in Lake Oswego, OR: 16,483 SF strip center with excellent tenant mix: Café, Tanning Salon, Ritz Salon, Bank, Cleaners, Sushi & Grill and more. In prosperous (AHI $118K/yr within 1-mile) neighborhood and close to I-5. 91% leased with1 available unit. NOI $294K/yr. $3.920M. 7.5% Cap. Upside potential as tenant are paying below market rents.
- Strip Center in Lancaster, TX: 18,301 SF 6-yrs old strip center on 1.77 ac lot conveniently located between The Home Depot and Wal-Mart. Next to I-35E in fast growing Dallas suburbs. 100% NNN leased. NOI $290K/yr. $3.637M. 8% Cap.
- CVS Pharmacy on Richmond, VA: 10,800 SF drug-store built in 1999 at a high traffic intersection. Absolute NNN corporate lease till 2019. NOI $251K/yr. $3.150M. 7.98% Cap.
- Automotive Center in Fontana, CA: 33,610 SF automotive center on over 2 ac lot. Close to Kaiser Permanente and I-10. Roof, Structure and Parking lot recently upgraded. 80% leased. NOI $405K/yr. $3.350M. 12.10% Proforma Cap.
© Transmercial 2011.
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