04-10: Shoney's, Student Housing, MOB, World Wide Tires, Inline Center

1. Shoney’s in Greensboro, NC: 5798 SF restaurant on 1.74 ac lot right off I-40 exit. 20-yrs NNN corp lease with 13-yrs left.  NOI $93K/yr with 6% rent bumps every 4 yrs.  $1.25M. 7.5% cap.
2. Inline Center in Louisville, KY: 10,400 SF attractive retail center built in 2002 on 1 ac lot next to Kohl’s and adjacent to Walmart Supercenter. 100% NNN leased. NOI $138K/yr. $1.882M. 7.35% cap.
3. Retail Building in Jacksonville, FL: 6000 SF well maintained retail building on .77 ac outparcel to Marshalls and Winn Dixie grocery center. 100% NNN leased to Foot Locker and Wireless America. NOI $70K/yr. $895K. 7.85% cap.
4. Student Housing in Tucson, AZ: 12-units well kept student apartments close to University of Arizona. NOI $62K/yr. $720K. 8.65% cap.
5. MOB in Atlanta, GA: 7800 SF medical office building on .69 ac lot in growing affluent area with an AHI of $104K/yr in 3 miles. Close to I-285. 87% leased to five tenants and only 1 vacancy. NOI $82K/yr. $895K. 9.25% cap.
6. Strip Center in Clovis, CA: 5830 SF attractive strip center along main retail artery in growing Fresno suburbs. Close to Walmart Supercenter and Sierra Vista Mall. 90% NNN lased to multiple tenants. NOI $83K/yr. $1.27M. 6.60% cap.
7. World Wide Tires in Clovis, CA: 9670 SF auto center on along main retail corridor in growing Fresno suburbs. Close to Walmart Supercenter and Sierra Vista Mall. NOI $104K/yr. $1.3M. 8% cap.

            (C) Transmercial