Monday, November 12, 2012

10-29: McDonalds, MOB, Retail Centers



  1. McDonalds’s in Lancaster, CA: 3488 SF two lane drive thru fast food restaurant built in 2002 on .87 ac outparcel to Vallarta Supermarkets and Walgreens in growing town just North of Los Angeles. 20 yrs NNN corp ground lease (land is for sale) with 10 yrs left. NOI $72K/yr with 12% rent increases every 5 yrs. $1.712M. 4.25% cap.  
  2. MOB in Henderson, NV: 16,696 SF Class A medical office building constructed in 2002 pm 1.88 ac lot in fast growing (424.37% pop growth since 2000) and high income Las Vegas suburbs. Close to St Rose Dominican Hospital Siena. New 10 yrs NNN lease to Seven Hills Surgery Center, a multi-specialty ambulatory surgery center. NOI $444K/yr with 2.5% annual rent increases. $5.925M. 7.50% cap.  
  3. Retail Center in Clarksville, TN: 20,700 SF attractive retail center on 2.78 ac lot in growing and affluent (AHI $102K/yr in 1 mile) town. Excellent visibility with all units facing Hwy-76 and close to I-24.NNN leases. NOI $278K/yr. $3.485M. 8% cap.  
  4. Retail Center in Rancho Cucamonga, CA: 6400 SF stable retail center in high income area in San Bernardino County. Long term tenants. $1.25M. Cap/NOI not provided.  
  5. Retail Center in Lutz, FL: 12,724 SF attractive retail center along busy retail corridor in high income Tampa suburbs. 100% leased to local tenants: Namaste Yoga Studio, Pure Hair Salon, Pasco Health and Fitness, New Home Programs, My's Nail's and Spa and Branch of Christ Ministries. NOI $137K/yr. $1.523M. 9% cap.  
  6. Retail Center in Davenport, IA: 11,276 SF newly constructed retail center on 1.56 ac lot in front of Dick’s Sporting Goods anchored center and across from Target center. Close to Trinity Medical Center and I-74. Tenants include: Aspen Dental, Chipotle, Sleep Number and The Vitamin Shop. NOI $293K/yr. $3.8M. 7.71% cap.


© Transmercial 2012

No comments:

Post a Comment