04-17: Kiddie Academy, Apartments, Shopping Center, Retail Centers

1. Retail Center in Phoenix, AZ: 7586 SF attractive retail center built in 2005 on 1 ac lot in a growing area. All units face main corridor. 100% NNN leased to Ace Cash Express, Little Caesars, Fresh Water & Ice, Smoke Shop, Barber Shop and Insurance. Pro forma NOI $144K/yr. $1.704M. 8.5% pro forma cap. NOTE: Flyer not available, full brochure upon request.
2. Kiddie Academy in Naperville, IL: 11,896 SF newly constructed franchised day care facility on 1.63 ac lot in high income (AHI $104K/yr in 3 mile radius) Chicago MSA. Brand new 15-yrs NN lease. NOI $258K/yr with 2.25% annual rent increases. $3.045M. 8.50% cap.
3. Shopping Center in Mansfield, TX: 36,653 SF well  maintained shopping center on 3.83 ac lot at a signalized intersection in high income (AHI $102K/yr in 2 miles) Fort Worth suburbs. Close to Hwy-287. 77% leased. Actual NOI $193K/yr. $2.5M. 7.80% actual cap. Upside potential.
4. Retail Center in Toledo, OH: 23,293 SF well maintained shopping center built in 2009 on 2 ac lot at a major retail corridor. Close to I-90/80. 99% NNN leased. NOI $213K/yr. $2.25M. 9.50% cap.
5. Apartments in Sacramento, CA: 14-units well-kept apartment complex built in 1990 on .73 ac lot. Close to schools, transportation, parks, shopping centers and Hwy-99. 99% occupied. Pro forma NOI $78K/yr. $1.049M. 7.50% pro forma cap.
6. Shopping Center in Grand Prairie, TX: 21,010 SF well kept shopping center at a signalized intersection with excellent egress/ingress. In growing (41.76% pop growth since 2000) and middle-class Fort Worth/Dallas suburbs. Near I-20. 82% leased. NOI $142K/yr. $1.575M. 9% cap.
7. Shopping Center in Las Vegas, NV: 38,000 SF high quality constructed shopping center on 1.86 ac lot in upper middle-class area with an AHI of $87K/yr in 1 mile. Close to 176-bed Spring Valley Hospital. 87% leased. NOI $455K/yr. $7M. 6.50% cap.
8. Shopping Center in Santa Clarita, CA: 40,761 SF attractive shopping center constructed in 1990 on 2.47 ac lot  in prosperous (AHI $128K/yr in 3 miles) Southern California. 72% leased. NOI $526K/yr. $8.1M. 6.50% cap.

            (C) Transmercial 2014