- CVS in Tuscaloosa, AL: 10,055 SF CVS pharmacy built in 2001 on 1.53 ac lot at a busy corner location in high income town. 100% NNN-lease with 9 yrs left. NOI $170K/yr with rare 5% rent bumps every 5 yrs. $2.44M. 7% cap.
- Retail Center in Augusta, GA: 5800 SF well maintained retail center built in 1999 on .92 ac corner lot in growing city. 100% leased to Animal Emergency Hospital, Salon, Karate, Skinner Clothing and Stucco and brick. $799K. Cap/NOI not available.
- Retail Center in Hainesville, IL: 9800 SF attractive retail center on .80 ac lot at a signalized intersection in growing and high income Chicago suburbs. 100% leased to Firestone Auto Center, Subway, Fab Nails & Spa, Tap Out Liquor and Bento Café. $2.2M. 9% cap.
- Dennys in Brooklyn Center, MN: 5250 SF Dennys next to I-94 exit in Minneapolis metro. 100% NNN lease with 11 yrs left. NOI $144K/yr with rent bump in year 6. $1.6M. 9% cap.
- Walgreens in Laurelton, NY: 13,900 SF drug store on 1 ac lot in high income (AHI $93/yr in 1 mile) NY suburbs with over 1M residents within 5 miles. 20 yrs NNN corp lease with 8 yrs left. NOI $428K/yr. $6.25M. 6.84% cap.
- Neighborhood Center in Miami, FL: 81,779 SF well kept grocery anchored shopping center on 8.79 acres of land in densely populated area. Anchored by a Presidente Supermarket, Family Dollar, Sherwin Williams, and Miami-Dade Library. 91% leased. 7.50% cap. Price/NOI not disclosed.
- MOB in Orlando, FL: 15,773 SF Class-A medical office building on 2+ ac lot across from 225-bed Florida Hospital East Orlando and close to Hwy-408. 100% NNN leased to multiple tenants. NOI $372K/yr. $5.75M. 7.25% cap.
© Transmercial 2012
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