- Shopping Center in Killeen, TX: 17,125 SF shopping center built in 2004 with numerous national tenants: Starbucks, RadioShack, Game Stop and Sport Clips at major retail corridor and next to I-190. 100% NNN leased. NOI $377K/yr. $4.64M. 8.20% cap. (No flyer available)
- Merryhill School in Las Vegas, NV: 10,670 SF newly constructed childcare facility across from Arbor View High School in middle-class (AHI $78K/yr) and densely-populated residential neighborhood. 100% NNN- lease to a credit tenant till 2024. NOI $269K/yr with rent bumps in years 6 and 11. $3.25M. 8.90% cap.
- Jiffy Lube in Bellevue, NE: brand-new 3137 SF auto service center on .43 ac lot with excellent access to Hwy-370 in Omaha suburbs. Brand new 20-year absolute NNN lease to an operator with over 450 units. NOI $99K/yr with 10% rent increases every 5-yrs. $1.17M. 8.50% cap.
- Neighborhood Center in Indianapolis, IN: 82,058 SF shopping center anchored by Marsh Supermarkets. Located between Big K-Mart and Kroger-anchored center near I-75/465. 95% NNN leased. NOI $521K/yr. $4.9M. 10.64% cap.
- Shopping Center in Warren, MI: 57,184 SF shopping center across from GM Tech Center. Adjacent to 24 Hr Meijer’s Superstore and LA Fitness. 88% leased to national/local tenants: Chili’s, Buffalo Wild Wings, Starbucks, AAA, Verizon and Pei Wei Asian. NOI $1.112M. $13.9M. 8% cap. Upside Potential.
- 24 Hour Fitness in Saint Charles, MO: 38,432 SF fitness center next to Wal-Mart and close to I-70. In growing & middle-class St. Louis metro. NNN leased till 2020. NOI $851K/yr with rent increases. $9.465M. 9% cap.
- REO Retail Center in Sacramento, CA: 14,650 SF retail center built in 2008 next to I-5 in fast growing area. 46% leased. NOI $109K/yr. $1.95M. 5.60% cap. Tremendous upside potential when fully leased.
- HEB in Houston, TX: 36,644 SF supermarket on 2.87 acres at a signalized corner location near I-10. 100% NNN lease to credit tenant. NOI $402K/yr. $5.75M. 7.50% cap.
© Transmercial 2012
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