- Spec’s Wine & Spirits in Victoria, TX: 13,469 SF retail building constructed in 1993 at a signalized corner. Renovated in 2009 plus new roof. Next to Dollar General, Office Depot and across from Walgreens. 100% NNN lease till 2019 to a growing retailer with 95 locations. NOI $118K/yr. with generous 11.8% rent bump in 2014 and 13% in 2019. $1.531M. 7.75% cap.
- Del Taco in Aurora, CO: 2491 SF restaurant built in 2005 on .95 ac lot outparcel to Wal-Mart and Home Depot anchored center. In affluent (AHI $108K/yr in 1 mile) Denver suburbs. 20 yrs absolute NNN lease till 2025 to an operator with 14 restaurants. NOI $145K/yr with 5% rent increases every 5-yrs. $1.717M. 8.5% cap.
- Walgreen’s in Wichita, KS: 15,120 SF pharmacy built in 2001 on 1.66 acres of lot at a hard corner location and adjacent to Prairie Village Shopping Center. Excellent demographics: AHI $92K/yr within 1-mile. 100% absolute NNN corp lease to credit tenant (S&P A+). NOI $450K/yr. $5.86M. 7.75% cap.
- Office Building in Louisville, KY: 77,106 SF Class-A office building on 26.70 acres of land close to Ford Motor Company KY Truck Plant with nearly 5600 employees and near I-265. AHI $106K/yr within 1-mile and 27.46% pop growth since 2000. $9.9M. NOI/Cap not avail.
- O’Reilly Auto Parts in Childress, TX: 8300 SF auto parts retail building constructed in 2009 across from 62,000 SF Shopping Center anchored by United Supermarkets, Dollar General and Aaron’s. 100% NNN lease to credit tenant. NOI $89K/yr with rent a rent increase in yr-11. $1.1M. 8.18% cap.
- Medical Office Building in Frisco, TX: 19,627 SF medical office building on 2.17 ac lot in prosperous (AHI $110K/yr within 3-miles) Dallas metro. 60% NNN leased. NOI $220K/yr. $2.2M. 10% cap. Upside potential.
- Chuck E. Cheese Restaurant in Oklahoma City, OK: 12,267 SF free-standing building constructed in 2006 on 1.35 ac lot next to I-240. 100% NNN lease till 2020. NOI $107K/yr. $1.337M. 8% cap.
© Transmercial 2012
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