01-08: Buca di Beppo, Fletcher Auto, Professional Plaza, Retail Center

1. Retail Center in Texas City, TX: 26,318 SF attractive retail center built in 2009 on 2.41 ac lot in a city 40 miles SE of Houston. Close to 206-bed Mainland Medical Center and I-45. 100% NNN leased. NOI $411K/yr. $4.982M. 8.26% cap.
2. Strip Center in Greenwood Village, CO: 11,442 SF well maintained strip center on .98 ac lot in affluent (AHI $112K/yr in 3 mile radius) Denver metro. Shadow anchored by  Target and next to off/on ramp of I-25. 100% NNN leased. NOI $243K/yr. $3.25M. 7.50% cap.
3. Buca di Beppo in Utica, MI: 7989 SF Italian casual dining restaurant on 2 ac lot along major retail artery in Detroit suburbs. Close to Lakeside Mall and Hwy-53. 20 yrs absolute NNN lease. NOI $175K/yr with 8% rent bumps every 5 yrs. $2.5M. 7% cap.
4. Shopping Center in Memphis, TN: 86,685 SF well maintained shopping center on over 8 ac lot anchored by ALDI supermarket. Across from Lowes and close to Hwy-9. 95% leased with mostly regional & national tenants such as: Advance Auto Parts, Harbor Freight Tools and Surplus Warehouse. NOI $552K/yr. $6.05M. 9.13% cap.
5. Retail Center in Peoria, AZ: 15,015 SF attractive retail center built in 2008 on 1.76 ac lot in growing Phoenix suburbs. Visible and near off/on ramp of Hwy-101. 100% leased to 3 medical/dental tenants: . NOI $434K/yr. $5.95M. 7.31% cap.
6. Retail Center in Crestwood, IL: 20,200 SF well kept retail center on 1+ ac lot along major corridor in Chicago metro. Near I-294. NOI $129K/yr. $1.575M. 8.20% cap.
7. Fletcher Auto in El Cajon, CA: 5,448 SF well maintained single tenant auto center at a corner location in San Diego suburbs. Close to Westfield Parkway, Fwy-67 and I-8. New 10 yrs lease. NOI$74K/yr. $1.15M. 6.50% cap.
8. Strip Center in Port Orange, FL: 10,750 SF attractive strip center on 2½ ac lot South of Daytona Beach. 100% leased to four long term tenants. NOI $102K/yr. $1.2M. 8.50% cap.
9. Professional Building in Las Vegas, NV: 11,000 SF Class-B office building on nearly 1 ac lot close to the Strip and  I-15. 100% leased to multiple tenants. NOI $141K/yr. $1.45M. 9.74% cap.
10. Retail Center in Ontario, CA: 18,094 SF attractive inline retail center on over 2 ac lot shadow-anchored by 24 Hour Fitness Center in San Bernardino County. Close to Kaiser Permanente Medical Center and Hwy-60. 100% NNN leased to ten tenants. NOI $350K/yr. $5.19M. 6.75% cap.

            (c) Transmercial 2014