02-14: Carls Jr, TitleMax, Strip centers

1. Strip Center in Alsip, IL: 11,238 SF strip center in high income Chicago metro with excellent visibility.  100% NNN leased to 7 local tenants.  NOI $148K/yr.  $1.649M. 9% cap. 
2. Office building in Livingston, NJ: 21,710 SF 3-story office building in affluent & prestigious New York suburbs with AHI of $162K/yr in 1 mile.  NOI $192K/yr. $2.65M. 7.25% cap. 
3. TitleMax in Bellwood, IL: 5139 SF single-tenant retail center built in 2003 on an outparcel to Aldi grocery in Chicago metro. 10 yrs NNN- till 2013 to TitleMax with 1100+ store in 12 states.  NOI $77K/yr with 2.5% annual rent bumps.  $1.185M. 6.5% cap.
4. Shopping Center in Kennewick, WA: 13,014 SF shopping center built in 2004 on 1.45 ac lot across from Home Depot and next to Walmart.  100% leased to 8 tenants.  NOI $202K/yr. $2.791M. 7.25% cap.
5. Carl's Jr in Phoenix, AZ: 4361 SF restaurant built in 1984 on .76 ac lot near I-17.  100% absolute NNN lease with 11 yrs left to an operator with 150 locations.  NOI $158K/yr.  $2.346M. 6.75% cap.

            (c) Transmercial 2014

02-13: Pollo Regio, MOB, Office Blng, Retail Centers

1. Retail Center in Lansing, IL: 22,528 SF well maintained retail center along major retail corridor in Chicago suburbs. Shadow anchored by Wal-Mart and Burlington Coat Factory center. Across from Home Depot and close to River Oaks Mall. NOI $255K/yr. $2.858M. 8.95% cap.
2. Retail Center in Parker, CO: 21,440 SF nine-units high quality construction retail center built in 2009 on 2.36 ac corner lot in affluent (AHI $113K/yr) Denver suburbs.  90% leased. NOI $438K/yr. $5.809M. 7.50% cap.
3. Pollo Regio in McKinney, TX: 2628 SF drive-thru restaurant on .79 ac lot along Hwy-75 in Dallas suburbs. 15-yrs absolute NNN lease to strong regional tenant with over 14-yrs left. NOI $96K/yr with a 10% rent bump in yrs-6 & 11. $1.6M. 6% cap.
4. MOB in Pickerington, OH: 12,539 SF Class-A single-tenant medical office building completed in 2011 in growing and high income Columbus metro. 15-yrs NNN lease with 13-yrs left to Pediatric Associates, Inc. strong tenant with 4 locations and 23 doctors in business for over 50 years. NOI $275K/yr with 2% annual rent increases. $3.93M. 7% cap.
5. Office Building in Las Vegas, NV: 10,000 SF 11-yrs old Class-B 2-story office building on .69 ac lot in growing and high income area with an AHI of $80K/yr in 1 mile.  Close to Hwy-215. 100% leased with 50% space leased to a medical tenant with 3% annual rent bumps. NOI $124K/yr $1.698M. 7.35% cap.
6. Office Building in Newtown Square, PA: 15,000 SF Class-A office building on 2 ac lot in affluent (AHI $130K/yr in 3 mile radius) Philadelphia suburbs. Across from Main Line Heath. 100% NNN leased by multiple tenants. NOI $265K/yr. $2.95M. 9% cap.
7. Retail Center in Tallahassee, FL: 22,000 SF well maintained retail center built in 2002 on over 2 ac lot in a growing middle-class area. All units face main road. Tenants include: restaurant, health & nutrition, Real Estate Office, Aquarium Sales & Svcs, Office, Furniture Store and Hair Salon. 87% leased. NOI $152K/yr. $1.9M. 8% cap.

            (c) Transmercial 2014

02-12: CVS, AAP, Brakes Plus, Goodwill, Albertsons, Strip Centers

1. CVS in Decatur, GA: 10,161 SF drive-thru drug store built in 1999 on 1.54 ac lot at a hard corner location in Atlanta suburbs. New roof was installed in 2009. Close to Hwy-10 and I-285. 20-yrs NNN- corp lease with 6-yrs left. NOI $231K/yr. $3.193M. 7.25% cap.
2. 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. 88% NNN leased. NOI $269K/yr. $2.775M. 9.72% cap.
3. AAP (S&P BBB-) in Indianapolis, IN: 7000 SF Advance Auto Parts completed in 2003 on .72 ac lot along major artery. 10-yrs NNN corp lease with over 5-yrs left. NOI $71K/yr. $925K. 7.76% cap.
4. Retail Center in Kent, OH: 31,762 SF retail center completed in 1999 on 4+ ac lot anchored by Discount Drug Mart (chain with 70+ stores) in Cleveland Metro. 100% NNN leased. NOI $274K/yr. $3.05M. 9% cap.
5. Strip Center in Houston, TX: 6856 SF attractive strip center built in 1996 on .81 ac outparcel to Walmart Supercenter. Next to Fwy-290.  100% NNN leased to Comcast/Xfinity, The Cash Store and Q-Tee Nails. NOI $170K/yr. $2.348M. 7.25% cap.
6. Brakes Plus in Phoenix, AZ: 5484 SF Brakes Plus on 1+ ac outlot to Walmart Supercenter. In booming (1.395.46% pop growth since 2000) and upper middle class area. New 10-yrs NNN corp lease. NOI $108K/yr with 10% rent bumps every 5-yrs. $1.6M. 6.75% cap.
7. Albertsons in Texarkana, TX: 54,880 SF grocery store on 5.86 ac lot end-cap to 200,276 SF center with Ross Dress for Less and Hobby Lobby. Across from Central Mall and next to I-30. Tenant has been at this location since 1981. 100% absolute NNN lease with 5-yrs left. NOI $391K/yr. $5.226M. 7.50% cap.
8. Goodwill in Round Lake Beach, IL: 21,000 SF attractive retail building on nearly 4 ac lot across from The Home Depot in growing and high income (AHI $93K/yr) Chicago suburbs. 8% cap. NOI/Price N/A.
9. Distressed Shopping Center in Johns Creek, GA: 31,180 SF high-quality construction shopping center on 5.38 ac lot at a signalized location in affluent Atlanta metro with an AHI of $166K/yr in 1 mile. Close to Emory Johns Creek Hospital. 74% leased. Actual NOI $310K/yr. $4.4M. 7% cap. Upside potential when fully leased.
10. Shopping Center in Morrow, GA: 65,966 SF well kept shopping center on nearly 5 ac lot along major retail artery in Atlanta suburbs. Across from Southlake Mall and close to I-75. 100% leased. NOI $407K/yr. $3.975M. 10.26% cap.

            (c) Transmercial 2014

02-11: Aaron's Rent, Walgreens, O'Reilly, Grocery Outlet, Office building

1. Aaron's Rent in Union City, GA: 8200 SF single-tenant retail center next to I-85 exit in Atlanta metro.  15 yrs absolute NNN lease to Aaron's Rent with 8 yrs left.  NOI $56K/yr.  $745K. 7.5% cap.
2. Grocery Outlet in Lompoc, CA: 21,000 SF single-tenant retail center built in 2012 on 1.16 ac lot in a coastal town.  10 yrs NNN lease with 8+ yrs left to Grocery Outlet, a regional tenant with 200+ locations in 7 states.  NOI $207K/yr with 10% rent bumps every 5 yrs.  $3.6M. 5.75% cap.  Buyer to assume $1.676M loan at 4.5% interest due in 2022.
3. Shopping Center in Redding, CA: 25,832 SF mature & well-maintained 10-unit shopping center on 3.68 ac lot in Northern CA. 93% leased with 1 avail unit.  NOI $243K/yr. $3.1M. 7.86% cap. 
4. Office Building in San Diego, CA:  42,712 SF 2-story office building with easy access to I-15 and I-805 in well-off area.  100% leased to 4 quality tenants.  NOI $556K/yr. $7.95M.  7% cap.
5. Walgreens in St Petersburg, FL: 13,905 SF drugstore on a corner lot.  100% NNN- with 2 yrs left.  NOI $220K/yr. $2.64M. 8.33% cap. 
6. O'Reilly Autoparts in Tempe, AZ: 5774 SF O'Reilly autoparts on .73 ac outparcel to Trader Joes Anchored Center and next To Walgreens in high income (AHI $90K/yr in 1 mile) Phoenix metro. 100% corp lease with 1 yrs left. NOI $119K/yr.  $1.4M. 8.5% cap.
7. Strip Mall in Lynwood, CA: 3960 SF strip center built in 1991 in densely populated with over 1M residents in 5 mile ring.  100% leased.  NOI $46K/yr. 
8. Office Building in Franklin, MA: 8500 SF 4-unit office building in high income Boston suburbs.  Anchored by Tri County Medical.  100% leased.  NOI $101K/yr. $1.15M. 8.8% cap.
9. Wells Fargo in West Palm Beach, FL: 20,336 SF multi-tenant value-add office building on 2.39 ac lot on a major artery with easy access to Florida Turnpike.  Anchored by Wells Fargo.  97% leased.  NOI $162K/yr. $2.275M. 7.14% cap.

(c) Transmercial 2014  

02-10: Fajitas Restaurant, REO'ed, Wells Fargo, MOB, Retail Buildings

1. Fajitas Restaurant in Phoenix, AZ: 7796 SF built-to-suit highly-rated-on-Yelp Mexican Restaurant on 1.34 ac lot in densely populated area. Across from Metrocenter Mall and along Hwy-17. 100% NNN lease with 8-yrs left. NOI $138K/yr with a rent increase. $1.97M. 7.01% cap.
2. MOB in Phoenix, AZ: 12,093 SF Class-B office building on over 1 ac lot along major corridor. Close to 204-bed John C Lincoln Deer Valley Hospital and I-17.  94% leased. NOI $157K/yr. $1.85M. 8.50% cap.
3. Retail Center in Visalia, CA: 4292 SF consisting of two retail buildings on 1.32 ac outparcel to In-Shape Health Club, a regional tenant with over 70 units in upper middle-class area. 100% NNN leased to Starbucks, Port of Subs, and Phonestop. NOI $144K/yr. $2.23M. 6.50% cap.
4. REO’ed Retail Center in Riverside, CA: 11,306 SF lender owned retail center at a corner lot across from Kaiser Permanente Riverside Hospital. Near Galleria at Tyler Mall and Hwy-91. 79% leased. NOI $128K/yr. $1.895M. 6.80% cap.
5. Office Building in Flower Mound, TX: 64,267 SF Class-B office building completed in 2006 in growing (57.34% pop growth since 2000) and affluent ($152K/yr in 1 mile) Dallas/Fort Worth metro. 100% leased to three tenants. NOI $984K/yr. $9.79M. 10.05% cap.
6. Shopping Center in Cumming, GA: 24,517 SF attractive shopping center built in 2007 on 5+ ac lot in affluent Atlanta suburbs with an AHI of $121K/yr in 1 mile. Along Hwy-20. 94% leased to strong regional/local tenants. $5.25M. NOI/Cap N/A.
7. MOB in Middleburg Heights, OH: 54,442 SF Class-B medical office building on 4 ac lot in upper middle-class Cleveland suburbs. Across from 354-bed Southwest General Health Center and near I-71. 83% leased. Actual NOI $491K/yr. $6.345M. 7.75% actual cap. Upside potential.
8. Wells Fargo in Hollywood, FL: 10,388 SF well maintained Wells Fargo (S&P AA- rating) on 1.81 ac corner lot along main retail corridor.  100% leased. NOI $77K/yr. 1.25M. 6.19% cap.

            (c) Transmercial 2014

02-07: Family Dollar, Surgery center, Office building, Walgreens, shopping Centers

1. Retail center in Victorville, CA: 14,410 SF multi-tenant retail center on 1.2 ac lot near I-15 exit.  85% leased.  NOI $121K/yr. $2.02M. 6% cap.
2. Shopping Center in Beaumont, TX: 23,411 SF mature shopping center on 2.05 ac lot in high income area with AHI of $90K/yr in 1 mile.  Shadow anchored by Kroger supermarket.  100% leased.  NOI $308K/yr. $3.3M. 9.35% cap.
3. Family Dollar in Deltona, FL: 9180 SF Family Dollar store on .89 ac lot near Lowe's and Publix grocery in a growing city North of Orlando.  10 yrs NNN- with 6 yrs remaining.  NOI $128K/yr with rent bump in 2/2015.  $1.655M. 7.75% cap. 
4. Surgery Center in Bradenton, FL: 13,250 SF modern surgery center built in 1999 on 1.8 ac lot a short distance from Manatee Memorial Hospital.  100% NNN lease with 18 yrs left.  NOI $392K/yr with 1% annual rent bumps.  $5.7M. 6.88% cap.
5. Office buildings in Union, NJ: 18,624 SF office complex consists of 2 adjacent 3-story buildings in upper middle-class NY metro with AHI of $94K/yr in 1 mile. 80% leased.  NOI $136K/yr. $1.95M. 7% cap. 
6. Office Building in Livingston, NJ: 21,710 SF 3-story office building in an affluent NY suburbs with AHI $161K/yr.  NOI $192K/yr. $2.65M. 7.25% cap.
7. Office Building in Rochester, NY: 8485 SF on .53 ac lot.  18 yrs absolute NNN lease to a medical tenant.  NOI $86K/yr. $750K.  11.5% cap.
8. Walgreens in Miami Gardens, FL: 14,850 SF drug store on over 2 ac lot at a busy intersection in densely populated area with over 450K residents in 5 miles. 20 yrs NNN lease with 3 yrs left.  NOI $224K/yr. Store with about $7.5M in sales (very low 3% rent to sales ratio means tenant is very likely to renew the lease).  $2.987M. 7.5% cap.

            (c) Transmercial 2014

02-06: Boston Market, Hardee's, Mariposa Tire & Auto, Buffalo Wild Wings

1. Boston Market in Holland, MI: 3055 SF restaurant on 1.39 ac lot between Meijer grocery and Menards home improvement center in the Lake Michigan area. Visible and next to Hwy-31. 20-yrs absolute NNN lease with 14-yrs left. NOI $86K/yr with annual rent increases. $1.12M. 7% cap.
2. Retail Center in Toledo, OH: 10,050 SF retail center built in 2005 on 1+ ac lot across form Walmart Supercenter. Adjacent to University of Toledo Medical Center and The University of Toledo. 100% NNN leased seven tenants. NOI $147K/yr. $1.8M. 8.20% cap.
3. Retail Center in Brandon, FL: 10,195 SF attractive retail center built in 2012 on 2.25 ac lot next to Walmart Neighborhood Market Center in high income Tampa suburbs. 72% leased Dance International Papa Murphy's, Classy Nails & Spa and Taqueria Dona Maria. $1.9M. NOI/Cap N/A.
4. Hardee’s in Stone Mountain, GA: 3000 SF drive-thru fast food restaurant on .80 ac lot a major intersection of Hwy-78. In affluent Atlanta suburbs with an AHI of $93K/yr in 3 mile radius. 20-yrs NNN lease with over 19-yrs left. NOI $100K/yr with 2% annual rent increases. $1.693M. 5.95% cap.
5. Mariposa Tire & Auto in Hesperia, CAP: 7800 SF auto center in San Bernardino County. Close to Mall of Victor Valley and I-15. 100% leased. 8% cap. NOI/Price N/A.
6. Mixed-use in La Habra, CA: 5724 SF well maintained retail/office center along major retail artery in Los Angeles suburbs. 100% NNN leased. NOI $61K/yr. $1.024M. 6% cap.
7. Buffalo Wild Wings in Lansing, IL: 8,000 SF Buffalo Wild Wings restaurant renovated in 2009 on nearly 1 ac lot in upper middle class & densely populated Chicago metro. New 10 yrs NNN lease. NOI $108K/yr with 7.5% rent increases every 5 yrs. $1.542M. 7% cap.

            (c) Transmercial 2014