- Burger King in Ogden, UT: 3029 SF well maintained Burger King along busy retail corridor. Across from center with Harmons grocery, Harbor Fright Tools and Dollar Tree. 100% NNN franchisee lease with 6+ yrs left. Store with $994K in annual sales revenue. NOI $83K/yr. (including percentage rent), $992K. 8.37% cap.
- Five Guys Burger & Fries in Omaha, NE: 4000 SF retail building on .64 ac lot across from 753,000 SF Crossroads Mall. Blocks from University of Omaha and Children’s Hospital and Medical Center. New 15 yrs absolute NNN lease to experienced high net worth franchisee. NOI $84K/yr with 7% rent bumps every 5 yrs. $1.244M. 6.75% cap.
- Shopping Center in Oak Lawn, IL: 34,536 SF attractive shopping center on nearly 3 ac lot along major retail thoroughfare in Chicago suburbs. Adjacent to Chicago Ridge Mall. 88% leased with only 2 vacancies. NOI $745K/yr. Price: Subject to Offer.
- Retail Center in Long Beach, CA: 4894 SF attractive retail center built in 1994 at a signalized corer location in densely populated Los Angeles area with over 474,000 residents in 5 miles. Close to Long Beach City College. NOI $66K/yr. $1.1M. 6% cap.
- Wildwood Dialysis Center in Toledo, OH: 6525 SF dialysis center built in 2000 on .62 ac lot. 100% NNN lease with 6 yrs left. NOI $116K/yr. $1.3M. 8.95% cap.
- Hacienda La Paloma in Mount Kisco, NY: 3500 SF well maintained restaurant in affluent (AHI $168K/yr in 5 mile radius) New York metro. Renovation include: new kitchen, bar, plumbing, heating, electric, flooring and façade. Close to Northern Westchester Hospital. 100% leased with 7 yrs left. NOI $107K/yr. $1.075M. 10% cap.
© Transmercial 2013
No comments:
Post a Comment