Wednesday, September 4, 2013

08-21: Retail center Portfolio, Surgery Center, FedEx Office, MOB, Retail Centers



  1. Retail Center in Chattanooga, TN: 14,482 SF retail center and 6,000 SF Chilli’s Restaurant on a ground lease (only land for Chilli’s is for sale) built in 2007 at a corner location. Adjacent to 1,200,000 SF Hamilton Place Mall. Close to Erlanger Women’s East Hospital and I-75. NOI $422K/yr. $5.35M. 7.9% cap.
  2. Walmart shadow-anchored Portfolio in Various Cities in OH: 121,970 SF consisting of seven retail buildings completed between 2003-2007. National tenants include: CATO, Rent-A-Center, Sherwin Williams, Game Stop and Radio Shack. Shadow-anchored by Super Walmart. 100% NNN leased. NOI $1.712M. $20.15M. 8.50% cap.
  3. Shopping Center in Yuba City, CA: 20,093 SF well maintained shopping center on 2+ ac corner location. In growing and upper middle-class city just North of Sacramento. 81% leased with excellent tenant mix. Current NOI $164K/yr. $2.25M. 7.30% cap.
  4. Surgery Center in Rancho Cucamonga, CA: 3106 SF Class-A medical condo in high income (AHI $90K/yr) San Bernardino County. Across from Rancho San Antonio Medical Plaza. 10 yrs NNN lease. NOI $80K/yr. $1.257M. 6.43% cap.
  5. Shopping Center in Blue Springs, MO: 87,534 SF attractive shopping center built in 2001 on nearly 19 acres of land in growing Kansas City suburbs. Close to St Mary’s Medical Center and I-70. 87% NNN leased. 8.10% cap. NOI/Price Not Disclosed.
  6. Retail Center in Tampa, FL: 18,883 SF well kept L-shaped retail center on almost 2 ac lot along Hwy-576. 84% leased with only 3 vacancies. NOI $190K/yr. $1.9M. 10% cap.
  7. FedEx Office in Syracuse, NY: 6000 SF single-tenant retail building constructed in 1999 on .54 ac lot in densely populated area. Off/on ramp of I-690. Extended 10 yrs NNN- corp lease with 6 yrs left. NOI $102K/yr. $1.343M. 7.65% cap.
  8. Office & Medical Center in Glenview, IL: 37,500 SF consisting of four medical & office buildings in high income Chicago suburbs with an AHI of $99K/yr in 5 mile radius. 83% NNN leased. NOI $282K/yr. $3M. 9.42% cap.
  9. Shopping Center in Orlando, FL: 75,701 SF shopping center renovated in 2007. Close to Festival Bay Mall, Mall at Millennia and I-4. NOI $482K/yr. $6M. 8.04% cap.
  10. Retail Center in Homestead, FL: 11,776 SF retail center at a signalized corner location in Miami suburbs. 100% leased. NOI $230K/yr. $2.88M. 8% cap.

© Transmercial 2013
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)