- Burger King in Victorville, CA: 3684 SF drive-thru fast food restaurant remodeled in 2003 on .51 ac lot along major retail artery. Across from Costco. 17-yrs NNN lease with over 6-yrs left. NOI $108K/yr with a rent bump in 2016. $1.815M. 6% cap. NOTE: Flyer not available. Full brochure upon request.
- Avanti Hospitals in Santa Fe Springs, CA: 11,744 SF well maintained medical office building on nearly 1 ac lot at a signalized corner location in densely populated Los Angeles area. 100% absolute NNN corp lease with over 10-yrs lease. NOI $232K/yr with 3% annual rent increases. $3.55M. 6.55% cap.
- DaVita in Charlotte, NC: 7400 SF attractive dialysis center built in 1999 on 2+ ac lot. Close to Carolinas Medical Center and I-485. 10-yrs NNN lease with 5+ yrs left. NOI $146K/yr with 2.75% annual rent bumps. $1.952M. 7.49% cap.
- Pier 1 Imports in Lafayette, IN: 9013 SF single tenant retail building on over 2 ac lot across from Tippecanoe Mall. Tenant has been at this location since 1995. 100% NNN recently extended lease with 5 yrs left. NOI $126K/yr. $1.534M. 8.25% cap.
- Medical Condo in Chino Hills, CA: 3551 SF attractive medical office condo in affluent San Bernardino County with an AHI of $119K/yr in a 1 mile radius. Close to Hwy-71. 100% NNN lease with 6-yrs left. NOI $83K/yr. $1.187M. 7% cap.
- Apartments in Phoenix, AZ: 12-units completely renovated apartment complex with over $15K/per unit in capital expenditures. Close to transportation, schools, shopping centers, hospital and Hwy-51. NOI $61K/yr. $895K. 6.83% cap.
- Retail Buildings in Redding, CA: 14,000 SF retail center next to La Quinta Hotel and near I-5. Tenants include: Cattlemen’s Restaurant and offices. 90% NNN leased. NOI $126K/yr. $1.8M. 7% cap.
- Apartments in Chico, CA: 16-units well kept apartment building on .71 ac lot close to California State University, Chico and to 298-bed Enloe Medical Center. NOI $97K/yr. $1.45M. 6.70% cap.
(c) Transmercial 2014
No comments:
Post a Comment