09-20: Medical office buildings, Shopping Centers, Goddard Childcare center

Attached please find reservation form for the free seminar/webinar on this coming Saturday.  For those signed up for the webinar, you should receive the instruction by email already.  Please advise if otherwise.

1. Medical Office Building in Joliet, IL: 29.315 SF medical office building on 3.13 acres lot 1 block from Provena Hospital in Chicago suburbs.  Anchored by 10.891 SF Provena Imaging Center, and 8225 SF VA medical center. 100% leased to 7 tenants.  NOI $399K/yr.  $4.68M. 8.54% cap. 
2. Strip Center in South Gate, CA: 10,702 SF well-maintained strip center at a busy signalized corner location across from South Gate City Hall. 100% leased. NOI $124K/yr. $1.73M. 7.2% Cap.  
3. Medical Office Building in Decatur, GA: 17,090 SF multi-tenant medical building on 1.51 ac lot across from Dekalb Medical Hospital in Atlanta metro. With 71% credit tenants and 29% established local tenants. NOI $261K/yr. $3.1M. 8.43% Cap.  
4. Mix-Use Building in Morgan Hill, CA: 29,750 SF two-story beautiful retail/office center built in 2006 on 2.28 ac corner lot on a major artery and close to Hwy-101 exit. Excellent demographics: AHI $131K/yr. in Silicon Valley suburbs.  NOI $393K/yr. $4.77M. 8.27% Cap.  
5. Shopping Center in Fresno, CA: 160,104 SF shopping center on 15.03 ac lot anchored by Save Mart Supermarket, Gold’s Gym, and Dollar Tree with excellent access to Fwy-168. 70% leased. NOI $1.276M. 9.25% Proforma Cap. 
6. The Goddard School in Macomb Township, MI: 8262 SF day care facility on 1.37 ac lot bounded by mostly residential neighborhoods in affluent (AHI $116K/yr) city. Long NNN- lease. NOI $161K/yr with 15% rent bumps every five years. $1.791M. 9% Cap. 

© Transmercial 2011.