12-12: Walgreens, Mix-used, MOB, Bout Time Pub and Grub Sports Bar

1. Walgreens in Rivera Beach, FL: 15,120 SF drive-thru pharmacy built in 1999 on nearly 2 ac lot at a hard corner location. Close to 236-bed VA Medical Center and I-95. 20 yrs NNN- corp lease with 5+ yrs left. NOI $232K/yr. $3.326M. 7% cap.
2. Professional Building in Davie, FL: 13,206 SF Class-B office building completed in 1999 in Miami suburbs. Close to Hwy-53 and with easy access to I-595. 100% leased to 7 tenants. NOI $125K/yr. $1.695M. 7.40% cap.
3. Retail Building in Jacksonville, FL: 6000 SF attractive retail building on .77 ac outparcel to Marshalls and Winn Dixie grocery center. 100% NNN leased to Foot Locker and Wireless America. NOI $69K/yr. $903K. 7.72% cap.
4. Mix-used property in Lombard, IL: 40,860 SF well maintained office & retail building on 3.54 ac lot in growing and high income (AHI $96K/yr in 3 miles) Chicago metro. Close to Yorktown Center, with over 150 stores. 100% leased. NOI $523K/yr. $5.8M. 9.03% cap.
5. Shopping Center in Westminster, CO: 24,029 SF center consisting of four retail buildings completed in 2007 in growing and high income Denver suburbs with an AHI of $87K/yr in 1 mile. 88% leased to national regional and local tenants. NOI $494K/yr. $6.18M. 8% cap.
6. Mix-used Center in Clive, IA: 27,400 SF mix-used center on over 2 ac lot at mayor retail artery in affluent  Des Moines suburbs with and AHI of $136K/yr. Close to Methodist West Hospital and Mercy Medical Center. 90% leased. NOI $356K/yr. $4.6M. 7.75% cap.
7. Shopping Center in Oak Lawn, IL: 45,900 SF well maintained shopping center at a hard corner location in densely populated and high income (AHI $81K/yr) Chicago suburbs. NOI $169K/yr. $2.23M. 7.58% cap.
8. MOB in Naples, FL: 15,202 SF attractive single-tenant medical office building constructed in 2007 across from 100-bed Physicians Regional Medical Center. 100% NNN lease with 4 yrs left. NOI $612K/yr. $6.8M. 9% cap.
9. Bout Time Pub and Grub in West Valley, UT: 7500 SF sports bar restaurant built in 1998 on 1.66 ac lot at a signalized corner location. Across from 10,100 seat Maverik Center. Near Valley Fair Mall and I-215. 20 yrs absolute NNN lease with 13+ yrs left to a regional operator with 8 units. NOI $173K/yr. $2.485M. 7% cap.

           

(c) Transmercial 2013