- Planet Fitness Center in La Puente, CA: 20,500 SF newly renovated fitness center on 2.29 ac lot in densely populated Los Angeles area. New 15 yrs NNN lease. NOI $307K/yr with 10% rent bumps every 5 yrs. $4.73M. 6.50% cap.
- Fresenius in Hyattsville, MD: 8180 SF well maintained dialysis center on .46 ac lot in densely populated Washington DC suburbs. Close to Providence Hospital. 100% NNN corp lease with 10+ yrs left. NOI $134K/yr with 10% rent bumps every 5-yrs. $1.999M. 6.75% cap.
- Retail Center in Kennewick, WA: 12,000 SF attractive retail center built in 1996 on 1 ac outparcel to Fred Meyer supermarket in fast growing area. Pro forma NOI $133K/yr. $1.795M. 7.20% cap.
- Gold’s Gym in San Antonio, TX: 33,000 SF recently remodeled Gold’s Gym on 2.74 ac outlot to new Super Walmart. 100% NNN corp lease with 11+ yrs left. NOI $396K/yr with rent bumps every 5-yrs. $5.54M. 7.15% cap.
- Retail Center in Carrolton, TX: 14,422 SF attractive retail center on 1.37 ac lot in growing and high income Dallas metro. On a off/on ramp of Hwy-121. 90% leased. NOI $239K/yr. $2.999M. 8% cap.
- Shopping Center in Desoto, TX: 20,655 SF well kept shopping center on 1.67 ac corner lot in Dallas suburbs. In growing (19.43% pop growth since 2000) and upper middle class area with an AHI of $75K/yr. 100% leased. NOI $174K/yr. $1.934M. 9% cap.
- MOB in Maryland Heights, MO: 10,800 SF Class-B medical office building on 1½ ac lot. Across from Westport Plaza Power Center and near I-270. 100% NNN lease with 6-yrs left to a national senior health care provider. NOI $128K/yr. $1.647M. 7.80% cap.
(c) Transmercial 2014
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