Wednesday, September 10, 2014

08-27: MOB, Mixed Use, FastMed, Lumber Liquidators, Rite Aid

  1. MOB in Kissimmee, FL: 37,297 SF Class-A consisting of three multitenant medical office buildings. Across from 321-bed Osceola Regional Hospital. 100% NNN leased. NOI $551K/yr. $7.35M. 7.50% cap.
  2. Mixed-Use in Rohnert Park, CA: 17,495 SF retail/office building in growing city just North of San Francisco. Visible and with easy access to Hwy-101. 90% leased. NOI $224K/yr. $3.2M. 7% cap.
  3. Retail Center in West Palm Beach, FL: 16,900 SF attractive retail center built in 2008 on nearly 2 ac lot in a fast growing area. 76% leased with national & local tenants. $4.5M. NOI/Cap N/A.
  4. Neighborhood Center in Clovis, CA: 91,775 SF shopping center at a hard corner location and along major retail artery shadow anchored by 99 Cents Only. Close to Sierra Vista Mall, Walmart Supercenter, Home Depot and Hwy-168. NOI $1.007M/yr. $13.9M. 7.25% cap.
  5. FastMed and Lumber Liquidators in Greenville, NC: 14,400 SF retail building along busy retail corridor. Near Greenville Mall. 100% NNN long-term corp leased. NOI $270K/yr. $3.861M. 7% cap. 
  6. Rite Aid in Charlotte, NC: 11,421 SF drug store on 1.82 acres of lot located at hard corner. 100% NNN leased with 5-yrs left. NOI $241K/yr. $3.021M. 8% Cap.
  7. Shopping Center in Palmdale, CA: 24,500 SF attractive shopping center on 2 ac lot in growing Los Angeles County. Between Palmdale Regional Medical Center and Hwy-35. 100% NNN leased to six tenants. NOI $432K/yr. 5.4M. 8% cap.
(c) Transmercial 2014

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