- Starbucks in Houston, TX: 1,750 SF Starbucks Coffee built in 2006 on .51 ac lot at highly visible location and next to main Pkwy. 100% NNN- corp lease with 4 yrs left. NOI $93K/yr with 10% rent increases in options. $1.35M. 6.93% cap.
- Jiffy Lube in Monroe, LA: Jiffy Lube on .17 ac lot next to Hwy-165. Great egress/ingress. Long term lease. $700K.
- Shopping Center in Dallas, GA: 20,682 SF shopping center built in 2007on 2.87 ac lot in fast growing and high income city West of Atlanta. Anchored by Dollar Tree and shadow anchored by Walmart Supercenter. 88% leased. $2.757M. NOI/Cap not provided. Just $133/SF!
- Office Building in San Jose, CA: 1700 SF office building on .27 ac corner lot next to busy Bascom Ave. In the center of high-tech Silicon Valley with easy access to Hwy-17. Close to Good Samaritan Hospital. Excellent for owner-user. $1.3M.
- Rite Aid in Oregon, OH: 14,564 SF drive-thru pharmacy on nearly 2 ac lot at a signalized corner location in Toledo suburbs. Close to St Charles Mercy Hospital and I-280. 20 yrs NNN- corp lease with 15 yrs left. NOI $474K/yr with a 10% rent bump in year 11. $5.126M. 9.25% cap.
- Retail Center in Cincinnati, OH: 16,000 SF retail center at off/on ramp I-75. 100% leased to Sam’s Quick Stop, Beyond Image Barbers/Salon, I Wireless, Cricket and Family Discount Furniture. Proforma NOI $159K/yr. $2.275M. 7% proforma cap.
- MOB in Columbia, SC: 9314 SF well maintained multi-tenant medical office building on 1 ac corner lot. Across from Palmetto Health Richland; one of the largest and most progressive hospitals in the Southeast. NNN leases. Proforma NOI $105K/yr. $1.27M. 8.34% proforma cap.
- Lender-owner Piccadilly Inn in Fresno, CA: 185-room hotel on 7.9 acres of land in fast growing area. Across from Fresno Yosemite International Airport. Close to Hwy-180. 35% avg occupancy rate. NOI $260K/yr. $2.6M. 10% cap.
© Transmercial
2013
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