- MOB in Inglewood, CA: 10,454 SF well maintained multi-tenant medical office building on .46 ac lot in densely populated Los Angeles area. 100% leased to six tenants. NOI $99K/yr. $1.475M. 6.75% cap.
- Office Building in Spokane, WA: 29,041 SF Class-B office buildings on 1.81 ac lot in a fast growing area. Close to Power Center with T.J. Maxx, Target, Best Buy and Shopko. Pro forma NOI $310K/yr. $3.8M. 8.18% pro forma cap.
- MOB in San Jose, CA: 7537 SF Class-B single-tenant medical office building on .55 ac lot. Excellent visibility and on an off/on ramp of Hwy-101. New 5-yr NNN lease. NOI $156K/yr. $2.6M. 6% cap.
- Shopping Center in Lewisville, TX: 32,796 SF attractive shopping center built in 1994 on 3.58 ac lot in growing upper middle-class area. Close to Vista Ridge Mall and I-35E. 100% NNN leased to Shoe Carnival, Tuesday Morning and Car Toys. NOI $479K/yr. $6.62M. 7.25% cap.
- Retail Center in Flower Mound, TX: 11,981 SF retail center built in 2001 on over 1 ac lot at a hard corner location in high income Dallas suburbs. Shadow anchored by recently expanded Kroger grocery. 100% NNN leased. NOI $275K/yr. $3.67M. 7.50% cap.
- Long John Silver’s and A&W in Las Vegas, NV: 2847 SF dual branded fast food restaurant on .68 ac lot in growing middle-class area. 100% NNN lease with over 10-yrs left. NOI $66K/yr with 10% rent bumps every 5-yrs. $1.1M. 6.04% cap.
- Kiddie Academy in Rochester Hills, MI: 7512 SF attractive child care center on 1.39 ac lot high income Detroit suburbs. 20-yrs NNN lease with 8-yrs left. NOI $179K/yr with 3% annual rent increases. $1.937M. 9.25% cap.
- O’Reilly Auto Parts in Layton, UT: 6500 SF attractive auto center along main corridor in growing upper middle-class Salt Lake City. Close to Layton Hills Mall and I-15. 15-yrs NNN corp lease with 5-yrs left. NOI $63K/yr. $1.69M. 6.75% cap.
(c) Transmercial 2014
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