- Family Dollar in Jonesboro, GA: 8000 SF recently renovated retail store on 1.10 ac lot in fast growing Atlanta metro. 100% NN corp lease till 2018. NOI $68K/yr with percentage rent. $777K. 8.75% cap.
- Corporate Office in Fort Worth, TX: 22,600 Class-A office building on 7.22 acres of land in fast growing area & next to I-35W. 100% absolute NNN corp lease to AUI Contractors: a full service general contractor with $120M annual sales and $50M work backlog in 2012. This is a sale and lease back in which the seller plans to fund debt relief and to purchase equipment and grow business nationally. NOI $251K/yr. $3.359M. 7.5% cap.
- Shopping Center in Homestead, FL: 14,780 SF well-maintained strip center on 1.66 ac lot next to Hwy-1in fast growing South Miami suburbs. 100% NNN leased to long term/established tenants. NOI $241K/yr. $2.6M. 9.3% cap.
- Academy Sports & Outdoors in Longview, TX: 5387 SF free-standing retail building conveniently located across from 600,000 SF Longview Mall. 100% absolute NNN corp lease to credit tenant (S&P B) with 10.5 yrs left. NOI $396K/yr. $5.387M. 7.35% cap.
- Family Dollar in Lubbock, TX: brand-new 8000 SF Family dollar store scheduled to open May 2012 on .99 ac lot near Fwy-62/82 and Tx-289-Loop N. 100% NNN- corp lease. NOI $119K/yr. $1.493M. 8% cap.
- Strip Center in Irving, TX: 10,627 SF recently renovated strip center on 1.14 ac lot close to Baylor Medical Center and Fwy-183 in Dallas metro. 86% leased. NOI $139K/yr. $1.641M. 8.5% cap.
- Retail Center in Champaign, IL: 15,450 SF retail center consisting of two buildings in affluent area with AHI $137K/yr in 1 mile. NNN leased to multiple tenants. Proforma NOI $258K/yr. $2.35M. 11% cap.
- Popeye’s in Decatur, GA: 1750 SF fast food restaurant on .87 ac lot next to I-20 exit in Atlanta metro. 20 yrs absolute NNN lease with 12 yrs left to an operator with 32 restaurants. NOI $66K/yr. $852K. 7.75% cap.
© Transmercial 2012
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