11-22: Fresenius Dialysis Center, MOB, Shoppign Centers

1. Shopping Center in Indianapolis, IN: 30,285 SF attractive shopping center built in 2004 on 3+ ac lot in upper middle-class area. All units face main thoroughfare. 84% NNN leased. NOI $258K/yr. $2.775M. 9.32% cap.
2. Retail Center in Indianapolis, IN: 12,220 SF retail center completed in 2002 on over 1 ac lot at a hard corner location. Next to CVS Pharmacy. Excellent ingress/egress.  Across from 1,600,000 SF Emmett J. Bean Federal Center. 74% leased. NOI $120K/yr. $1.3M. 9.26% cap.
3. MOB in Berkley, MI: 12,000 SF medical office building renovated in 2012 along main corridor in Detroit suburbs. 100% NNNN leased to two medical practices. NOI $205K/yr. $2.652M. 7.75% cap.
4. Strip Center in Miami Gardens, FL: 7475 SF strip center built in 2007 on nearly 1 ac lot in Miami suburbs. Across from Walmart Supercenter and near Dolphin Sun Life Stadium. 100% NNN leased. NOI $192K/yr. $2.85M. 6.76% cap.
5. Strip Center in Peoria, AZ: 5052 SF attractive strip center in fast growing and high income (AHI $93K/yr) Phoenix suburbs. 100% leased to three tenants. NOI $79K/yr. $1.065M. 7.43% cap.
6. Office Building in Spokane Valley, WA: 18,368 SF Class-A office building completed in 1996 in fast growing area. Near I-90. NOI $142K/yr. $1.8M. 7.48% cap.
7. Retail Center in Surprise, AZ: 12,771 SF attractive retail center built in 2008 along major retail artery in a growing area Northwest of Phoenix metro. National tenants include: Pei Wei Asian Diner, Edward Jones and Jimmy Johns sandwich shop. NOI $199K/yr. $3.2M. 6.24% cap.
8. Office Building in Phoenix, AZ: 4408 SF well maintained office building on .96 ac lot. Near Walmart shopping center. 90% leased. NOI $44K/yr. $725K. 6.10% cap.
9. Fresenius in Lubbock, TX: 16,872 SF built-to-suit dialysis center close to I-27. New 15 yrs NNN corp lease. NOI $328K/yr with 1.7% annual rent increases. $4.866M. 6.75% cap. 

            (c) Transmercial 2013