- Office Building in Knoxville, TN: 56,392 SF Class-A office building anchored by AT&T in fast growing and upper middle-class area. Close to Parkwest Medical Center and I-40/75. 91% leased to multiple tenants. NOI $646K/yr. 8.55% cap. Price not disclosed.
- Retail Center in Stockton, CA: 15,314 SF attractive retail center built in 2008 on 1.84 ac lot at a signalized location. Tenants include Jollie Bee, Red Ribbon Bakery and Fred Loya Insurance. Next to Costco. 79% NNN leased. NOI $422K/yr. $6.402M. 7% cap. Upside potential when fully leased.
- Dollar Tree in Roswell, NM: 13,750 SF Dollar Tree remodeled in 2012 on nearly 1 ac lot at a hard corner location in a growing area. Across from Kmart. 10 yrs NNN corp lease with 9 yrs left. NOI $103K/yr. $1.442M. 7.15% cap.
- Retail Center in Clarksville, IN: 20,000 SF eye-catching retail center built in 2010 on 1.88 ac outparcel to Walmart and Sam’s in Louisville suburbs. Across from Lowes and an off/on ramp of I-65. 95% NNN leased. NOI $395K/yr. $4.94M. 8% cap.
- Shopping Center in Hampton, GA: 27,000 SF shopping center built in 2006 on 8+ ac lot in fast growing Atlanta metro. Along major retail artery and between Walmart and Home Depot. 76% NNN leased. 8% cap. NOI/Price not disclosed.
- Strip Center in Fredericksburg, VA: 11,625 SF attractive strip center on over 1 ac lot in growing and high income area with an AHI of $99K/yr in 1 mile. Outparcel to Harrison Crossing, a power center anchored by Home Depot, Petco and Super Giant Food and Pharmacy Store. 70% NNN leased. NOI $213K/yr. $3.055M. 7% cap.
- MOB in Barkley, MI: 12,000 SF Class-A recently renovated medical office building in high income Detroit suburbs. Close to 1,070-bed Beaumont Hospital, Royal Oak Campus, currently undergoing expansion. 100% NNN leased to Cataract Surgery Center and Shanbom Eye specialist. NOI $205K/yr. $2.652M. 7.75% cap.
(c) Transmercial 2013
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