06-02: Mixed-Use, CVS, Retail Centers, Shopping Centers

1. Retail Center in Galloway, OH: 29,840 SF attractive retail center built in 2002 on 2.52 ac lot in Columbus suburbs. Excellent tenant mix: 8,000 SF Family Dollar Store, Express Payroll Advance, The Tan Spot, Q continuum Organization, H&R Block, State Farm Insurance, Dance Studio, Metro PCS, Fawzi Hassan and Flyers Pizza. 100% leased. NOI$194K/yr. $2.162M. 9% cap.
2. Mixed-Use Center in Tacoma, WA: 27,236 SF two-story retail/office center on 1.25 ac lot with good access to Hwy-16. The ground floor is leased to retail tenants, 2dn level are medical offices. 97% leased. NOI $640K/yr. $8.88M. 7.21% cap. Upside potential.
3. Office Building in Littleton, CO: 30,366 SF well maintained office building on .86 ac lot in growing and high income Denver suburbs. Adjacent to Arapahoe Community College, Light rail and Hwy-85. 83% leased. NOI $156K/yr. $1.95M. 8% cap.
4. CVS in Alpharetta, GA: 10,722 SF drive-thru well kept drug store built in 1998 on 1.82 ac lot at a hard corner location in affluent Atlanta suburbs with an AHI of $137K/yr in 3 mile radius. 100% NNN lease with 4-yrs left. NOI $251K/yr. $3.415M. 7.35% cap.
5. Retail Center in Hoover, AL: 16,100 SF newly constructed retail center in Birmingham suburbs. Near Riverchase Galleria Mall and I-459. 70% NNN leased. 8% cap. NOI/Price N/A.
6. Shopping Center in Orem, UT: 47,819 SF shopping center built in 1992 on 3.71 ac lot at a signalized location. Close to University Mall and Costco. 82% leased. NOI $641K/yr. $7.64M. 8.40% cap.
7. Retail Center in Fremont, CA: 10,798 SF well maintained retail center in high income Silicon Valley suburbs with an AHI of $104K/yr in 1 mile radius. All units face main corridor. Close to Newpark Mall and I-880. 88% NNN leased to strong tenants. NOI $418K/yr. $7.276M. 5.75% cap.
8. Retail Center in Milwaukee, WI: 20,150 SF retail center on 1.50 ac outparcel to Walgreens. 90% NNN leased to O’Reilly Auto Parts, Subway and Papa Murphy’s Pizza. NOI $125K/yr. $1.565M. 8% cap.
9. Strip Center in North Miami Beach, FL: 11,151 SF mature strip center at a major retail corridor. Adjacent to The Mall at 163^rd Street with Walmart Supercenter and The Home Depot. 100% leased to long term tenants. NOI $114K/yr. $1.49M. 8% cap.
10. Retail Center in Wilton Manors, FL: 27,581 SF well maintained retail center on over 1 ac lot in high income Fort Lauderdale area. 89% leased. NOI $357K/yr. $4.85M. 7.37% cap.

            (c) Transmercial 2014