Friday, August 16, 2013

08-02: TitleMax, Arby's, MOB, Retail Centers



  1. TitleMax in Phoenix, AZ: 1652 SF retail center renovated in 2012 on .51 ac lot at a signalized corner location. 10 yrs absolute NNN lease to TitleMax (a regional tenant with 1,000 locations in 12 states) with 9+ yrs left. NOI $66K/yr with 10% rent bump in 2017. $825K.8% cap. NOTE: flyer not available, full brochure upon request.
  2. Office Building in Las Vegas, NV: 10,600 SF Class-A office building on .46 ac lot at main entrance of Stone Canyon, a professional park plaza. Along major retail artery. Excellent demographics: AHI of $104K/yr within 1 mile. 100% leased to three quality tenants. NOI $165K/yr. $1.9M. 8.70% cap.
  3. MOB in Cornelius, NC: 25,550 SF Class-A medical office building in growing (69.14% pop growth since 2000) and high income (AHI $106K/yr in 3 mile) town just 30 min North of Charlotte. 94% leased to multiple tenants. NOI $310K/yr. $3.49M. 8.90% cap.
  4. MOB in Woodridge, IL: 15,000 SF 16 units well maintained medical office building on 1.22 ac lot in affluent (AHI $114K/yr) Chicago metro. Close to I-355. 89% leased with only 1 vacancy. NOI $81K/yr. $1.125M. 7.40% cap.
  5. Office Building in Las Vegas, NV: 6421 SF high quality constructed office building on .62 ac lot, part of Summerlin, the Hills Center Business Park. In prosperous neighborhood with an AHI of $140K/yr within 1 mile. Close to recently expanded Summerlin Hospital Medical Center. 100% NNN leased to four tenants. NOI $144K/yr. $1.704M. 8.50% cap.
  6. Retail Center in Monument, CO: 16,399 SF attractive retail center on 1.62 ac lot shadow anchored by Safeway grocery in high income (AHI $114K/yr in 3 mile) Colorado Springs metro. Next to I-25. 100% NNN leased to nine tenants. NOI $321K/yr. $3.9M. 8.24% cap.
  7. Arby’s in Sterling Heights, MI: 3,259 SF brand new Arby’s Restaurant along major retail corridor in Detroit suburbs. Close to Chrysler Assembly Plant and Stamping Plant. New 20 yrs absolute NNN lease to an experienced franchisee. NOI $120K/yr with 5% rent increases every 5 yrs. $1.6M. 7.50% cap.

© Transmercial 2013
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)