Monday, March 11, 2013

02-25: Auto Service Center, Mix-Used Center, Office Buildings


  1. Office Building in Pleasant Hill, CA: 9238 SF Class-B two story office building on .37 ac lot in high income (AHI $92K/yr within 2 mile) Contra Costa County (28 miles NE of San Francisco).  Close to I-680. 90% leased. NOI $87K/yr. $1.45M. 6% cap. 
  2. Auto Service Center in Glendora, CA: 13,145 SF auto service center on nearly 1 ac lot in growing & upper middle class Los Angeles County. Along main corridor. 100% leased. NOI $888K/yr. $1.7M. 7.56% cap. 
  3. Office Building in Orlando, FL: 5,250 SF office building constructed in 2006 in growing area. Close to Waterford Lakes Town Center. 100% leased to Yoga Studio, Dentist and Brooks Health Rehab. NOI $89K/yr. $1.199M. 7.43% cap. 
  4. Mix-Used Center in Fullerton, CA: 21,205 SF retail/office center consisting of three buildings on 2.33 ac lot at a hard corner location in affluent city with an AHI of $143K/yr within 1 mile.  Across from 359-bed St. Jude Medical Center. 87% NNN leased. NOI $505K/yr. $8.25M. 6.13% cap. Upside potential when fully leased.


© Transmercial 2013

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