05-02: Exress Transmissions, Professional Building, MOB, Retail Centers

1. MOB in Phoenix, AZ: 14,342 SF Class-B multi-tenant medical office building on nearly 2 ac lot close to Maryvale Hospital and Estrella Medical Center. 100% leased. NOI $194K/yr. $2.4M. 8.10% cap.
2. Shopping Center in Addison, IL: 27,811 SF 26-units well kept shopping center on 3 ac lot at a hard corner location in Chicago suburbs. On an off/on ramp of I-355. 80% NNN leased with many locally known tenants including Casino’s Pizza, Addison Pub, Here Comes the Bride bridal boutique, Granny's Restaurant and Staff Force. NOI $200K/yr. $2.4M. 8.33% cap.
3. Strip Center in Sioux Falls, SD: 10,200 SF brand new strip center on 1.46 ac outparcel to Walmart Supercenter. 80% NNN leased to Panera Bread, Pearle Vision and Sport Clips. Seller will provide rent guaranty for the vacant space. Actual NOI $250K/yr. $3.576M. 7% cap.
4. Shopping Center in Pompano Beach, FL: 30,622 SF well maintained consisting of three retail buildings on 2.58 ac lot along main corridor and close to I-95. NNN leases. $3.5M. NOI/Cap N/A.
5. Shopping Center in Turlock, CA: 35,735 SF shopping center built in 2009 on 4 ac lot anchored by 12,000 SF Party City and 12,000 SF Dollar Tree in growing town Central Valley. Shadow anchored by Costco. Across from Monte Vista Crossings, with Kohl’s, Safeway, Lowe’s, BevMo, Target and Home Depot and more. Next to Hwy-99. 100% NNN leased to national tenants. NOI $218K/yr. $11.45M. 6% cap.
6. Shopping Center in Bakersfield, CA: 41,238 SF shopping center on nearly 3 ac lot anchored by Bank of America at a hard corner location. Close to Valley Plaza Mall and Hwy-99. 82% NNN leased. Actual NOI $589K/yr. $7.995M. 7.37% actual cap. Upside potential.
7. Retail Center in Fresno, CA: 12,430 SF attractive retail center built in 2007 on 1+ ac lot. Tenants include: Wells Fargo, Papa Murphy’s, Take’N’Bake Pizza, Lety’s Mexican Grill, A-1 Eyebrow and Beauty Salon & Mane Attraction Hair Salon. Adjacent to Walgreen’s pharmacy. 100% NNN leased. NOI $260K/yr. $3.6M. 7.25% cap.
8. Professional Building in Redding, CA: 10,250 SF Class-B professional building at prime Downtown location. Close to Shasta Regional Medical Center. Tenants include: Stifel Financial Advisory and Redding Transportation Authority. Actual NOI $93K/yr. $1.25M. 7.50% cap. Upside potential when fully leased.
9. Express Transmissions in Stockton, CA: 7200 SF car care center built in 2010 on .49 ac lot in San Joaquin County. Close to Sherwood Mall. New 5-yrs absolute NNN lease to strong experienced tenant with over 20-yrs in auto industry. NOI $80K/yr with annual CPI rent increases. $1M. 8.04% cap. 

            (c) Transmercial 2014