01-22: Buffalo Wild Wings, First Choice Automotive, Kelly Liquor, Office Park

1. Buffalo Wild Wings in Johnson City, TN: 6200 SF attractive Grill & Bar Restaurant in a high income area with an AHI of $89K/yr in 1 mile. Across from Franklin Woods Community Hospital and near I-26. 10 yrs NNN- lease with 9 yrs left. NOI $142K/yr with 10% rent bumps every 5 yrs. $2.008M. 7.10% cap.
2. Retail Building in Carson, CA: 8299 SF eye-catching retail building constructed in 2011 in densely populated (nearly 500,000 residents in 5 mile radius) and upper middle class Los Angeles area. 100% leased. NOI $120K/yr. $1.675M. 7.19% cap.
3. First Choice Automotive in Farragut, TN: 4609 SF First Choice Automotive at a main corridor in growing and affluent (AHI $124K/yr in 1 mile) Knoxville suburbs. 20 yrs absolute NNN lease. NOI $158K/yr wing a 1.5% annual rent increases. $1.76M. 9% cap.
4. Kelly Liquor in Albuquerque, NM: 5840 SF retail building constructed in 2010 on .70 ac outparcel to a shopping centerin a growing (201.65% pop growth since 2000) and high income area. Shadow anchored by Walgreens and O'Reilly Auto Parts. New 10 yrs NNN lease at close of escrow (this is a sale and lease back) to a local tenant with 10 locations. NOI $122K/yr. $1.4M. 8.74% cap.
5. Office Complex in Stockton, CA: 18,029 SF Class-B office complex on 1.26 ac lot at a signalized location. Close to I-5. Current tenants include:  Old Republic Title Co., Bank of America, Segale Travel Services, Marketing Masters Realty Group and California Tribal TANF Partnership. 100% leased. NOI $182K/yr. $2.25M. 8.12% cap.
6. Retail Center in Orlando, FL: 45,921 SF retail center built in 2003 on 3+ ac lot shadow-anchored by Walmart Supercenter. 95% leased. NOI $406K/yr. $5.25M. 7.75% cap.
7. MOB in Sunnyvale, TX: 5557 SF high quality constructed medical office building completed in 2007 in fast growing Dallas suburbs. Close to Texas Regional Medical Center and Hwy-80. 100% NNN leased to three stable medical tenants. NOI $122K/yr. $1.525M. 8% cap.
8. Strip Center in Chandler, AZ: 6556 SF strip center built in 2007 on .92 ac outparcel to Target. Across from 1,300,000 SF Chandler Mall and close to Hwy-101. 100% leased to Jason’s Deli and Luv My Bling Boutique. NOI $246K/yr. $3.146M. 7.85% cap.
9. Retail Center in Edinburg, TX: 61,756 SF attractive retail building on over 6 ac lot in fast growing McAllen suburbs. 100% NNN leased to Family Dollar and Teleperformance. NOI $514K/yr. $5.571M. 9.24% cap.
10. Office Park in Collierville, TN: 18,575 SF Class-B consisting of seven office buildings in affluent (AHI $133K/yr) Memphis suburbs. 88% leased. NOI $183K/yr. $2.15M. 8.50% cap. 

            (c) Transmercial 2014