05-14: MOB, Long John Silver's and A&W, Family Dollar, Walgreen's

1. MOB in Northglenn, CO: 18,000 SF Class-B multi tenant medical office building completed in 2000 on over 2 ac lot in Denver suburbs. Close to two hospitals. 95% leased. Actual NOI $209K/yr. $2.99M. 7% cap.
2. MOB in Richland, WA: 19,496 SF well maintained medical office building on 1.28 ac lot across from Kadlec Regional Medical Center. 69% leased. Actual NOI $183K/yr. $2.475M. 7.43% actual cap. Upside potential when fully leased.
3. Long John Silver’s and A&W in Fort Worth, TX: 3024 SF dual branded fast food restaurant constructed in 2003 on .80 ac outparcel to Kroger grocery shopping center. New 15-yrs absolute NNN lease to strong franchisee with 44-units. NOI $78K/yr with 10% rent bumps every 5-yrs. $1.31M. 6% cap.
4. Shopping Center in Katy, TX: 29,985 SF attractive shopping center competed in 2007 on 3 ac lot in fast growing and high income Houston metro with an AHI of $173K/yr in 1 mile. 95% NNN leased. NOI $555K/yr. $6.47M. 8.58% cap.
5. Family Dollar in San Bernardino, CA: 9180 SF brand new retail building on 1.21 ac lot at a signalized corner location in growing and upper middle-class area. New 10-yrs NNN lease. NOI $186K/yr. $3.112M. 6% cap.
6. Walgreen’s in Indianapolis, IN: 12,896 SF drug store at a hard corner location. Adjacent to University of Indianapolis. Close to I-74.  Tenant has been at this location for over 20-yrs. Recently renewed 1^st 5-yr option. NOI $161K/yr. $2.22M. 7.25% cap.
7. Shopping Center in Fountain Hills, AZ: 23,009 SF beautiful shopping center built in 2000 on 2.37 ac lot in growing (17%) and wealthy (AHI $104K/yr) Phoenix suburbs. 100% leased with excellent tenant mix. NOI $336K/yr. $4.325M. 7.80% cap.
8. Shopping Center in Omaha, NE: 24,588 SF well maintained shopping center built in 2005 on over 2 ac lot. Next to Fun-Plex Amusement Park. 72% leased with good tenant mix. $3.2M. NOI/Cap N/A.
9. Walgreen’s in Bakersfield, CA: 13,496 SF pharmacy built in 1995 on 1.92 ac lot at a signalized intersection. Close to Valley Plaza Mall and Hwy-99. 100% NNN lease with 5-yrs left. NOI $247K/yr. $3.4M. 7.27% cap.
10. Shopping Center in Edmond, OK: 70,672 SF L-shaped well maintained shopping center on 6.86 ac lot in growing and upper middle-class (AHI $84K/yr in 3 miles) Oklahoma City suburbs. Credit tenants include: Westlake Ace Hardware, Dollar General, Rent-a-Center and My Dentist. 72% leased. Actual NOI $384K/yr. $4.75M. 8.10% cap. Upside potential

            (c) Transmercial 2014