12-16: El Pollo Loco, Family Dollar, Shopping Centers, Retail Centers

1. Retail Center in Las Vegas, NV: 11,759 SF retail center renovated in 2013 on 1.32 ac lot. Tenants include: The Coffee Bean & Tea Leaf, Ross Dental & Orthodontics, Touch Salon & Spa, Sniffany & Company, Upscale Vapors and John’s Gran Slam Collectibles. 100% NNN leased. NOI $229K/yr. $3.5M. 6.56% cap.
2. El Pollo Loco in Goodyear, AZ: 3128 SF attractive retail building completed in 2008 on .85 ac lot at a major retail artery in Phoenix metro. Close to West Valley Hospital and I-10. 20-yrs NNN corp lease with over 19-yrs left. NOI $67K/yr with 10% rent bumps every 5-yrs. $1.345M. 5% cap.
3. Family Dollar in Houston, TX: 9180 SF Family Dollar completed in 2004 in a fast growing area. 100% NN lease with 9-yrs left. NOI $70K/yr. $1.076M. 6.50% cap.
4. Shopping Center in Grapevine, TX: 26,713 SF retail center on 2.87 ac outparcel to Grapevine Mills Mall with over 200 stores. Good demographics: growing (416% pop growth since 2000) and high income (AHI $103K/yr in 3 miles) Dallas/Fort Worth suburbs. Near hwy-121. 77% leased. Actual NOI $628K/yr. $7.65M. 8.21% cap. Upside potential.
5. Retail Center in Blue Springs, MO: 14,534 SF retail center built in 2008 on 2 ac lot. Across from Walmart Supercenter and Home Depot. Close to St Mary’s Medical Center and with easy access to I-70. 92% NNN leased to national/regional tenants. Actual NOI $306K/yr. $4.695M. 6.52% cap.
6. Shopping Center in Indian Head Park, IL: 25,000 SF well maintained shopping center in high income Chicago suburbs with an AHI of $105K/yr in a 3-mile ring. Near I-294/55. Many Long term tenants. NOI $224K/yr. $3.2M. 7% cap.
7. Apartments in Lancaster, CA: 12-units multifamily complex in Los Angeles County. Close to Parks, Schools and Hospital. 97% occupied. NOI $59K/yr. $998K. 6% cap.
8. Shopping Center in Eatontown, NJ: 23,000 SF attractive shopping center on 2.55 ac lot in a high income City in New York suburbs. Close to Monmouth Mall. 80% leased. NOI $349K/yr. $4.995M. 7% cap.
9. Shopping Center in Noblesville, IN: 24,327 SF eye-catching shopping center built in 2008 on over 3 ac lot along main corridor in high income (AHI $93K/yr) Indianapolis suburbs. 91% NNN leased to eight tenants. NOI $430K/yr. $6.145M. 7% cap. Note: Flyer not available full brochure upon request.
10. Shopping Center in Charlotte, NC: 64,584 SF shopping center built in 1999 on nearly 9 ac lot next to I-485 exit.   Anchored by 46,624 SF BI-LO Supermarket at a hard corner location in a high income area. 100% NNN leased. NOI $758K/yr. $9.484M. 8% cap. Note: Flyer not available full brochure upon request.

            (c) Transmercial 2014