Tuesday, November 22, 2011

11-07: Carl's Jr, O'Reilly Auto, Dollar Tree, Office Depot, Shopping Centers, Office Building


  1. Office Depot in Stockbridge, GA: 20,509 SF retail building constructed in 2001 on 2.42 acres adjacent to Lowe’s and Kroger between I-675/I-75 in Atlanta suburbs. 100% NNN leased to national tenant with 5 yrs left. NOI $258K/yr. $2.59M. 10% cap.  
  2. Retail Center in Wylie, TX: 14,190 SF high quality and newly constructed retail center on 1.84 ac lot at major retail corridor and near next to Hwy-78 in fast growing & middle-class Dallas suburbs.  Adjacent to Albertson's Supermarket and Home Depot. 90% NNN leased to great tenant mix. NOI $296K/yr. $3.3M. 9% cap.  
  3. Carl’s Jr. in McAllen, TX: 3000 SF brand-new fast food restaurant adjacent to Lowe’s, Wal-Mart Super Center and Sam’s Club.  20-years absolute NNN lease by franchisee with 138 restaurants. NOI $147K/yr. $2.1M. 7% cap.  
  4. O’Reilly Auto & Dollar Tree in White Lake, MI: 21,600 SF 2-tenant retail building renovated in2009 on 2.37 ac lot in affluent (AHI $106K/yr within 3-mile radius)) Detroit suburbs.  100% NNN- leased. NOI $159K/yr. $1.83M. 8.7% Cap. 
  5. Strip Center in Bridgeport, CT: 8774 SF strip center on .68 ac lot at high traffic location. 100% NNN leased by seven tenants. NOI $148K/yr. $1.85M. 8% cap.  
  6. Strip Center in Marysville, CA: 6300 SF recently constructed strip center on an outparcel to CVS. On a main retail corridor in growing Yuba City neighborhood just North of Sacramento.  100% NNN lease to Starbucks, Tri Counties Bank, Spoon Me Yogurt and cellular store. NOI $203K/yr. $2.6M. 7.82% cap. 
  7. Office Complex in Grapevine, TX: 15,275 SF Class-B multitenant medical & professional office complex on 1.57 ac lot close to Baylor Regional Medical Center and Hwy-114. In growing and affluent (AHI $121K/yr) Dallas metro. 100% NNN leased. NOI $190K/yr. $1.999M. 9.54% cap. 
  8. Retail Center in San Diego, CA: 9885 SF well-maintained retail center in densely populated area and close to I-805. 100% leased by four tenants. NOI $117K/yr. $1.465M. 8% cap. 
  9. Shopping Center in Victorville, CA: 26,152 SF shopping center on 3.32 acres with excellent tenant mix: Pizza, CafĂ©, Laundry, Cleaners, Cosmetic, Salon, Bar, Liquor Store, Nails Shop, Alteration, Weight Control Clinic and Traffic School. In fast growing Los Angeles suburbs. 80% NNN leased. NOI $285K/yr. $4.2M. 6.8% cap. Upside Potential. 
  10. Retail Center in Deer Park, NY: 10,400 SF retail center at busy signalized intersection with multiple egress/ingress in high income New York suburbs. 100% leased. NOI $145K/yr. $2.15M. 6.77% cap. 
© Transmercial 2011

No comments:

Post a Comment