- Advance Auto Parts in San Antonio, TX: 7000 SF AAP built in 2004 on 1.17 ac lot. 100% NN leased till 2019. NOI $107K/yr with 8% rent bump to $116K/yr in Aug 2018. $1.54M. 7% cap now and 7.56% in Aug 2014.
- Shopping Center in Saint Louis, MO: 24,000 SF shopping center built in 2003 on 3.19 ac lot in well-off area. Adjacent to Walgreens. Pro forma NOI $366K/yr. $3.9M. 9.4% pro forma cap.
- Apartments in Colorado Springs, CO: 54-unit well-kept apartments on 2.21 ac lot with swimming pool and new roof. NOI $188K/yr. $2.2M. 8.58% cap.
- Hardee's in Mobile, AL: 2972 SF 10-yrs old fast food restaurant on 1.79 ac lot in middle-class area. Across the street from a Kohl’s and 16 screen Carmike Cinemas movie theatre. New 15 yrs NNN lease to an operator with 95 locations. NOI $72K/yr with 10% rent bumps every 5 yrs. $1.2M. 6% cap.
- Strip mall in Fredericksburg, VA: 8000 SF strip mall on 1.5 ac outparcel to a shopping center with Food Lion supermarket, Aldi and AutoZone. High income area. 100% leased to 4 tenants. NOI $207K/yr. $2.3M. 9% cap.
- Distressed Retail center in Buford, GA: 11,100 SF retail center built in 2006 on 2.9 ac lot in Atlanta metro with AHI of $103K/yr in 1 mile. 68% leased to 6 tenant with 2 avail units. NOI $90K/yr. $1.125M. 8% cap. Upside potential.
- Shopping Center in Fishers, IN: 23,608 SF upscale shopping center on 3.45 ac lot next to Target supercenter just off of I-69 in high income Indianapolis area. 93% leased to Visionworks, Sun Tan City, Supercuts, Mathnasium, Sola Salons, Jet's Pizza. NOI $345K/yr. $3.95M. 8.75% cap.
- Multi-family in El Cajon, CA: 9-unit multifamily on .28 ac lot in highly desirable San Diego with AHI of $90K/yr in 1 mile. Pro forma NOI $64K/yr. $1.05M. 6.12% cap.
(c) Transmercial 2014
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