09-04: PetSmart, Treatment Facility, Pier 1 Imports, MOB

1. Retail Center in Sacramento, CA: 7939 SF high quality constructed retail center constructed in 2005 on .61 ac lot at a signalized corner location. Near Sutter Memorial Hospital. 100% leased to six tenants including Starbucks and Subway. NOI $202K/yr. $3.3M. 6.14% cap.
2. Retail Center in Oldsmar, FL: 11,885 SF attractive retail center on 1.25 ac lot along major corridor in high income Tampa suburbs. Close to Walmart Supercenter. 81% leased. NOI $170K/yr. $2.063M. 8.25% cap.
3. PetSmart in Saint Charles, MO: 25,015 SF retail building constructed in 1992 on 2.30 ac outlot to Power Center with Sam’s Club, Walmart, 24-Hr Fitness and Office Depot. Next to I-70. Tenant has been at this location for over 20-yrs. 100% NNN lease with 9-yrs left. NOI $229K/yr. $3.4M. 6.75% cap.
4. Treatment Facility in Cottonwood Heights, UT: 40-bed consisting of beautiful treatment facility and two off-site living centers Salt Lake City suburbs consisting of 22,147 SF in 3 separate buildings. 10-yrs absolute NNN lease with 9-yrs left to a The Elements Behavioral Health, with 17 successful facilities. NOI $319K/yr. $4.118M. 7.75% cap.
5. Retail Center in Champlin, MN: 9000 SF attractive retail center built in 2003 on 1.32 ac lot in high income Minneapolis suburbs. 100% NNN leased. NOI $141K/yr. $1.88M. 7.50% cap.
6. Retail Plaza in Frisco, TX: 17,105 SF retail center built in 2006 on 1.98 ac lot in upper middlass Dallas metro.  100% NNN leased.  NOI $317K/yr. $3.6M. 8.85% cap.
7. Pier I Imports in Lafayette, IN: 9013 SF single tenant retail building across from Tippecanoe Mall. Tenant has been at this location since 1995. 100% NNN recently extended lease with 5 yrs left. NOI $126K/yr.  Price reduced from $1.534M to $1.489M. 8.50% cap.
8. Retail Center in Davenport, IA: 11,142 SF eye-catching retail center on 1.56 ac outparcel to Dick’s Sporting Goods and ALDI Supermarket. Across from Super Target. 100% leased by Chipotle, Aspen Dental, Select Comfort and Vitamin Shoppe. NOI $284K/yr. $4.062M. 7% cap.
9. Retail Center in Apex, NC: 15,781 SF consisting of two retail center on 2.41 ac lot in fast growing and high income (AHI $110K/yr in 3 miles) Raleigh suburbs. 100% leased. NOI $258K/yr. $3.132M. 8.25% cap.
10. MOB in Escondido, CA: 9600 SF Class-B single-tenant medical office condo in a building constructed in 2012 on .49 ac lot in growing San Diego County. Close to Palomar Medical Center. 100% NNN lease with 5-yrs left to People’s Care. NOI $146K/yr with rent increases. $1.949M. 7.52% cap.

            (c) Transmercial 2014