09-20: Gold's Gym, MOB, In-Line Centers, Shopping Centers

1. Shopping Center in Corona, CA: 20,000 SF shopping center built in 2005 on 2.56 ac lot at a signalized location in high income Riverside suburbs. Across from Walgreens and near to Vons Grocery anchored center. 93% NNN leased. NOI $552K/yr. $6.99M. 7.90% cap.
2. Gold’s Gym in Tacoma, WA: 69,546 SF fitness center on 4+ ac lot next to Costco and near I-5. Remodeled in2007.  New 15-yrs NNN lease with personal & franchise guarantee. NOI $1.13M/yr. $13.7M. 8.25% cap.
3. Retail Center in Hudson, WI: 17,000 SF retail center built in 2005 on nearly 2 acres of land in affluent (AHI $102K/yr in 3 mile radius) St Paul/Minneapolis suburbs.  Close to Hudson Hospital & Clinics and I-94. 100% NNN leased. NOI $252K/yr. $2.55M. 9.90% cap.
4. Neighborhood Center in Austin, TX: 81,301 SF well maintained shopping center anchored by Austin Regional Clinic and Planet Fitness. Big monument signage on site. 94% NNN leased. NOI $967K/yr. $10.75M. 9% cap.
5. In-Line Cerner in Chico, CA: 11,120 SF 9-unit in line retail center on 2 ac outparcel to Safeway supermarket in a growing city in Northern CA. Close to North Valley Plaza Mall and Hwy-99. 68% NNN leased. NOI $82K/yr. $1.1M. 7.53% cap.
6. Retail Center in Beaverton, OR: 27,570 SF well maintained retail center consisting of three buildings on 2.45 ac lot anchored by 7-Eleven. In prosperous (AHI $115K/yr in 1 mile) Portland suburbs. 96% NNN leased. NOI $496K/yr. $6.65M. 7.47% cap.
7. MOB in Prescott, AZ: 9222 SF medical office building constructed in 1998 on .88 ac lot across from Yavapai Regional Medical Center. 82% leased. NOI $168K/yr. $1.475M. 7.20% cap.
8. Shopping Center in Springfield, OH: 12,600 SF shopping center built in 2009 next to Hwy-68. Between Wal-Mart Supercenter and The Home Depot. In upper middle class Dayton outskirts. 100% NN leased. NOI $195K/yr. $2.5M. 7.81% cap.

© Transmercial 2012