1. Big-K Center in Rocklin, CA: 86,479 SF single-tenant big box built in 1988 on 7.5 acres lot in growing middle class Sacramento suburbs. 25 yrs absolute NNN lease to Kmart Holding Corp with 5 yrs remaining. NOI $411K/yr. $5.139M. 8% cap.
2. Medical office building in Waco, TX: 4943 SF single-tenant Sleep Disorders Center built in 2008. Next to 218-bed Providence Health Center. 100% NNN lease with 8 yrs remaining to a wholly owned Subsidiary of Graymark Healthcare. NOI $101K/yr. $1.126M. 9% cap.
3. Retail Center in Colorado Springs, CO: 8737 SF established and well-maintained retail center on .92 acres corner lot on a major artery. 100% NNN leased to 3 tenants. NOI $147K/yr. $1.593M. 9.25% cap.
4. Buffalo Wild Wing Restaurant in Tyler, TX: 6000 SF franchised restaurant built in 2008 on 1.39 acres lot in a high-income area (AHI $90K/yr). 15 yrs absolute NNN lease. NOI $211K/yr. with 9% rent bump every 5 yrs. $2.561M. 8.25% cap.
5. Shopping Center in Folsom, CA: 25,396 SF upscale shopping center built in 2005 on 3.29 acres lot in fast growing (28% since 2000) and upper middle class (AHI $94K/yr) Sacramento suburbs. Directly across from a 214,000-Square-Foot Power Center Anchored by Target and East of a 176,000-square-foot center anchored by Lowe's and Trader Joe's. 95 Percent NNN Leased to National and Regional Tenants. NOI $690K/yr. $9.1M. 7.59% cap.
6. Shopping Center in The Colony, TX: 18,900 SF shopping center on 1.59 acres lot in affluent Dallas suburbs (AHI $103K/yr). Shadow-anchored by a Super Wal-mart. 85% leased. NOI $274K/yr. $3.052M. 9% cap.
7. Shopping Plaza in Folsom, CA: 17,445 SF 10-unit retail plaza on 1.53 acres corner lot in wealthy Sacramento suburbs (AHI $101K/yr within 1 mile). 88% leased with 2 small avail units. Pro forma NOI $296K/yr. $2.399M. 7.1% cap. Just $137/SF.
8. Medical building in Marysville, CA: 4616 SF class-A high-quality medical office building just one short block from Fremont-Rideout Memorial Hospital. 100% leased to 2 tenants. NOI $112K/yr. $1.4M. 8% cap.
9. Strip Mall in San Jose, CA: 4587 SF new retail center at the corner of Story & King road in Silicon Valley. Across from Target and Mi Pueblo Grocery. 100% NNN leased to 3 tenants with 7-10 yrs leases. NOI $231K/yr. $3.7M. 6.25% cap.
10. Car Care Center in Algonquin, IL: 10,545 SF multi-tenant car care center on 1.13 acres lot in growing upper middle-class Chicago suburbs (AHI $91K/yr). 100% leased to 3 tenants: a mechanic, detail center and oil change business. NOI $104K/yr. $1.1M. 9.5% cap.
© Copyright Transmercial 2010. All rights reserved.
No comments:
Post a Comment