11-26: KFC/Long John's Silver's, MOB, Retail Center

Client's Testimonial:

            "I have total & complete trust and confidence in David."

            J. Orozco.

1. KFC/Long John Silver’s in Holland, OH: 3400 SF dual branded restaurant on .86 ac outparcel to Menards home improvement center in Toledo suburbs. Close to I-475/90. 20 yrs NNN lease with 10+ yrs left. NOI $110K/yr with 7.5% rent increases every 5 yrs. $1.517M. 7.25% cap.
2. Shopping Center in Clarksville, IN: 20,000 SF shopping center built in 2010 on 1.88 ac outparcel to Walmart and Sam’s in Louisville suburbs. Close to Kentuckiana Medical Center. Across from Lowes and next to an off/on ramp of I-65. 100% NNN leased. NOI $392K/yr. $4.903M. 8% cap.
3. Retail Center in Compton, CA: 6500 SF well maintained retail center at a signalized corner location in densely populated Los Angeles area with over 800,000 residents in 5 mile radius. High barrier to entry. 100% leased to five tenants. NOI $133K/yr. $2.129M. 6.25% cap.
4. Shopping Center in Coral Springs, FL: 21,510 SF attractive shopping center on 1.45 ac lot along major retail artery in wealthy Fort Lauderdale metro with AHI of $99K/yr. 100% leased with good tenant mix including: AAMCO Transmissions, Four Star Ravioli & Deli, and Priority Medical Center to name a few. NOI $185K/yr. $2.975M. 6.25% cap.
5. Retail Center in Auburn, WA: 14,702 SF retail center completed in 2007 on 1.66 ac lot in Tacoma suburbs. Across from 943,273 SF The Outlet Collection Seattle with 140 stores. 90% NNN leased. NOI $403K/yr. $5.53M. 7.30% cap.
6. MOB in Westerville, OH: 5700 SF Class-A medical office building in fast growing Columbus suburbs. Close to 250-bed Mt Carmel St Ann’s Hospital. 100% NNN lease to Orthodontics with 8 yrs left. NOI $78K/yr. $875K. 8.99% cap.
7. Strip Center in Nashua, NH: 10046 SF well kept strip center along main thoroughfare on high income area on the Massachusetts border. 100% leased. Pro forma NOI $142K/yr. $1.775M. 8.25% pro forma cap.
8. Retail Center in Garden Grove, CA: 10,224 SF retail center at a corner location in Los Angeles area. 100% leased to long term established tenants. NOI $122K/yr. $1.75M. 7% cap.
9. MOB in Lancaster, TX: 15,055 SF Class-B medical office building completed in 1993 on 2.65 ac lot in growing Dallas suburbs. Next to 84-bed, newly reopened Crescent Lancaster Medical Center. 100% leased to two tenants:  DaVita Dialysis and Go! Rehab. NOI $187K/yr. $2.2M. 8.5% cap.

            (c) Transmercial 2013