10-21: MOB, Fresenius Kidney Center, Advance Auto Parts, Shopping Centers

1. Shopping Center in Mansfield, TX: 19,724 SF well maintained shopping center on 1.25 ac lot in a fast growing (174.67% growth) and affluent (AHI $128K/yr in 1 mile) Dallas/Fort Worth suburbs. Close to Kinder Hospital and Hwy-287. 78% leased. NOI $157K/yr. $1.95M. 8.06% cap. 
2. Shopping Center in Gastonia, NC: 37,364 SF grocery anchored shopping center completed in 2005 on 5 ac lot along major corridor in Charlote suburbs. Tenants include: Food Lion, Subway, N Nails and Ski Hi Wireless. 100% NNN leased. NOI $364K/yr. $4.2M. 8.68% cap.
3. Retail Center in Garnerville, NY: 8200 SF attractive retail center on .70 ac corner lot in high income New York suburbs with an AHI of $97K/yr in 1 mile. 90% NNN leased with excellent tenant mix. NOI $103K/yr. $1.72M. 6% cap. Upside potential.
4. MOB in Mansfield, TX: 5004 SF Class-A  medical office building constructed in 2008 on .56 ac lot  in fast growing and well off (AHI $103K/yr in 1 mile) Fort Worth//Dallas suburbs. Close to hwy-287. 100% NNN leased to 2 tenants: Elite View Imaging, LLC and Dr. Michael Polson. NOI $105K/yr. $1.358M. 7.75% cap.
5. Fresenius in Ewing Township, NJ: 10,065 SF kidney dialysis center on 1+ ac lot in Philadelphia suburbs. 20 yrs NNN lease with 7 yrs left. NOI $181K/yr with annual CPI rent increases. $2.133M. 8.5% cap.
6. MOB in Inglewood, CA: 79,302 SF Class-B medical building completed in 1991 on 1.40 ac lot in densely populated Los Angeles area with over 900,000 residents in 5 mile radius. Close to Centinela Hospital. 100% leased to multiple medical tenants. NOI $1.128M/yr. $15.25M. 7.40% cap.
7. Retail Center in Fresno, CA: 12,430 SF attractive retail center built in 2007 on 1+ ac lot. Tenants include: Wells Fargo, Lety’s Mexican Grill, A-1 Eyebrow Salon, Liquor King, Mane Attraction and Papa Murphy’s Pizza. Adjacent to Walgreen’s pharmacy. 100% NNN leased. NOI $260K/yr. $3.6M. 7.24% cap.
8. Retail Center in Evans, CO: 17,460 SF retail center built in 2006 on 1.61 ac outparcel to Sam’s Club in growing city in North of Denver. Adjacent to Super Walmart. 81% leased. Actual NOI $159K/yr. $2.058M. 7.75% cap. Upside potential.
9. Shopping Center in Bedford, TX: 31,837 SF well maintained shopping center on nearly 3+ ac lot in Fort Worth/Dallas suburbs. Visible from Hwy-121. High income area with an AHI of $86K/yr. 97% leased.  NOI $413K/yr. $4.87M. 8.50% cap.
10. Advance Auto Parts in Brownsville, TX: 7000 SF attractive auto parts store built in 2004 on .67 ac lot with excellent visibility along main blvd. 100% NNN- leased with 5+ yrs left. NOI $94K/yr. $1.243M. 7.60% Cap.

            (c) Transmercial 2013