Wednesday, November 20, 2013

11-06: Pizza Hut, Concetra Urgent Care, Jack in the Box, Goodwill, MOB



  1. MOB in Pompano Beach, FL: 28,000 SF well maintained medical office building on 1 ac lot close to Broward Health North Hospital and I-95. 94% leased. NOI $194K/yr. $2.75M. 7.09% cap.
  2. Neighborhood Center in Las Vegas, NV: 60,105 SF attractive shopping center on over 6 ac lot a major retail corridor in a fast growing area. Shadow-anchored by La Bonita Supermarket. Tenants within the center include: The UPS Store. 7 Eleven, GNC, Fatburger. 92% leased. NOI $952K/yr. $11.9M. 8% cap. 
  3. Shopping Center in Gilbert, AZ: 82,538 SF shopping center completed in 2008 on 10.66 ac lot at a hard corner location. In booming (936.98% pop growth since 2000) and affluent (AHI $113K/yr within 3 mile radius) Phoenix suburbs. 100% leased. NOI $980K/yr. $13.25M. 7.40% cap.
  4. Pizza Hut in Aurora, IL: 4,042 SF single tenant completely remodeled retail building on .82 ac lot at a hard signalized location in Chicago suburbs. 100% NNN lease with 8 yrs left. NOI $64K/yr. $1.056M. 6.13% cap.
  5. Retail Center in Fort Lauderdale, FL: 10,410 SF attractive retail center along major retail artery. Close to 571-bed Holy Cross Hospital. NNN leased. NOI $173K/yr. $2.475M. 7% cap.
  6. Concentra Urgent Care in Lexington, KY: 8000 SF Class-A medical office building renovated in 2008 in upper middle-class area. 100% NNN lease to a national health care provider with 7 yrs left. NOI $119K/yr. $1.325M. 9% cap.
  7. MOB in Newark, OH: 20,000 SF Class-B 14-units medical office building on 2½ ac lot Northeast of Columbus. 70% leased. NOI $95K/yr. $1.05M. 9.14% cap.
  8. Retail Center in Magnolia, TX: 14,277 SF attractive retail center along main retail corridor in fast growing and affluent Houston suburbs with an AHI of $160K/yr in 3 mile radius. NNN leased. NOI $285K/yr. $3M. 9.50% cap.
  9. Jack in the Box in Las Vegas, NV: 4387 SF drive-thru fast food restaurant adjacent to Smith’s grocery store. Close to newly built $600M VA Hospital. 100% absolute NNN corp ground lease (land for sale) with 13 yrs left. NOI $84K/yr. $1.539M. 5.50% cap.
  10. Goodwill in Kansas City, MO: 12,540 SF brand new Goodwill store on over 2 ac lot in fast growing and high income (AHI $101K/yr) area. Close to I-35. 15-yrs absolute NNN lease with 14+ yrs left. NOI $160K/yr. $2.144M. 7.50% cap.

            (c) Transmercial 2013

No comments:

Post a Comment