11-19: Office Building, Retail Buildings, Cash America, Shopping Centers

1. Office Building in Gainesville, FL: 15,026 SF Class-B multitenant office building on .87 ac lot along main artery. 90% leased. NOI $66K/yr. $947K. 7% cap.
2. Retail Center in Saratoga Springs, UT: 14,000 SF attractive retail center built in 2009 on over 1 ac lot in booming (1,005% pop growth since 2000) Salt Lacy City suburbs. Shadow anchored by Walmart.  100% leased to Dollar Tree, Sally Beauty, Verizon Wireless and United Studios. NOI $215K/yr. $3.082M. 7% cap.
3. Strip Center in Saratoga Springs, UT: 8400 SF strip center built in 2010 shadow anchored by Walmart in growing (1,005% pop growth since 2000) Salt Lake City suburbs. 100% NNN leased to five tenants. NOI $198K/yr. $2.839M. 7% cap.
4. Retail Building in Chino, CA: 12,069 SF retail building completed in 2009 on 1.58 ac lot in high income (AHI $99K/yr in 3 miles) San Bernardino County. Shadow anchored by Home Depot and JC Penney. 100% NNN leased. NOI $194K/yr. $3.117M. 6.25% cap.
5. Shopping Center in Mesa, AZ: 69,270 SF attractive shopping center built in 2002 on nearly 8 ac lot anchored by Michaels and PetSmart at a dominant retail intersections. Shadow anchored by Home Depot. Near Hwy-202. 100% leased to national & local tenants. 6.84% cap. NOI & price N/A.
6. Cash America in Indianapolis, IN: 14,700 SF single-tenant retail building on 1.50 ac lot along main artery. With easy access to I-465/I-74. Recently extended NNN lease with 6-yrs left. NOI $80K/yr. $1.005M. 8% cap.
7. Office Building in Las Vegas, NV: 26,310 SF Class-B office building on .88 ac lot close to Sunrise Hospital and Medical Center & Boulevard Mall. 91% leased to multiple tenants. NOI $184K/yr. $2.3M. 8% cap.
8. Retail Building in Overland Park, KS: 7170 SF attractive retail building constructed in 2009 on .85 ac lot along major retail artery in affluent Kansas City suburbs with an AHI of $112K/yr in a 3 mile ring. 100% NNN leased. NOI $126K/yr. $1.45M. 8.70% cap.
9. Shopping Center in Sacramento, CA: 30,023 SF shopping center on over 2 ac lot at a busy thoroughfare. 76% leased with good tenant mix. Actual NOI $226K/yr. $3.1M. 9.61% cap. Upside potential when fully leased.

            (c) Transmercial 2014