- Shopping Center in Cleveland, TN: 78,900 SF well maintained shopping center with excellent access to I-75 in Chattanooga suburbs. Anchored by Food Lion Supermarket, Burke’s Outlet, Dollar Tree and across from Wall-Mart and The Bradley Square Mall. 100% leased. NOI $532K/yr. $5.6M. 9.5% cap.
- Retail Center in Duluth, GA: 18,820 SF retail center built in 2004 on 1.8 ac lot next to I-85 exit. High income North East Atlanta suburbs. 100% leased. NOI $253K/yr. $2.768M. 9.16% cap.
- Shopping Center in Schaumburg, IL: 21,964 SF retail center remodeled in 2005 at a corner lot location and with strong mix of local tenants. In well-off (AHI $85K/yr) Chicago metro. 100% NNN leased. NOI $336K/yr. $3.9M. 8.64% cap.
- Bank of the West in Antioch, CA: 5200 SF bank retail condo on an outparcel to CVS, 99¢ Only and Big Lots anchored center in growing city in San Francisco metro. Across Somerville Towne Center with easy access to Hwy-4. 100% NNN leased till 2016. NOI $190K/yr with 2% annual bumps starting Feb 2012. $2.865M. 6.63% cap.
- Retail Center in Scottsdale, AZ: 17,831 SF attractive retail center built in 2003 at main retail corridor and near Hwy-101. In affluent (AHI $113K/yr) North East of Phoenix metro. 77% NNN leased. NOI $304K/yr. $3.566M. 8.55% cap.
- Apartments in San Jose, CA: 6-units 2-story well maintained multifamily building just blocks from San Jose State University and close to many downtown attractions. 100% occupied. NOI $69K/yr. $898K. 7.76% cap.
- Shopping Center in Abilene, TX: 30,430 SF recently built center shadow anchored by Wal-Mart Supercenter at busy intersection of I-20 and Hwy-351. In growing city just West of Fort Worth/Dallas. 84% NNN leased. NOI $295K/yr. $3.56M. 8.44% cap.
- Office Building in Stockton, CA: 12,003 SF high quality built office building constructed in 2010 next to DaVita and Heald College. 100% leased to 4-tenants: DMV, Dept of Rehab, Doctor’s office, and Heald College. NOI $217K/yr. $2.997M. 7.25% cap.
© Transmercial 2011.
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