- Strip Center in Corona, CA: 4245 SF strip center at a signalized corner location in densely-populated Southern California. 100% lease to 2 tenants: 7-Eleven and Insurance office. NOI $98K/yr. $1.365M. 7.20% cap.
- Retail Center in Atlanta, GA: 10,800 SF upscale retail center on over 1 ac lot in fast growing and affluent (AHI $164K/yr in 1 mile) Atlanta suburbs. . NNN leases. Tenants include Five Guys Hamburgers, Sport Clips, Good Nutrition, Southeastern Gold Buyers and Jolena's Nail and Spa. NOI $252K/yr. $2.965M. 8.5% cap.
- Retail Center in Antioch, CA: 8212 SF retail center on .82 ac outparcel to CVS, Big Lots! anchored shopping center. Close to hwy 4 on ramp. 100% NNN leased to Bank of The West (since 1994) and Mountain Mike’s Pizza. NOI $259K/yr. $3.575M. 7.26% cap.
- Bank-owned Shopping Center in Hesperia, CA: 22,976 SF 15-unit shopping center built in 2006 on over 2 acres lot. 62% occupied. Current NOI $287K/yr. $2.2M. 13% cap. Less than $100/SF!
- Shopping Center in Tucson, AZ: 58,494 SF shopping center on 4.84 ac lot close to I-10. 100% NNN leased with below market rents. NOI $677K/yr. $7.85M. 8.63% cap.
- 24-Hr Fitness Center in Fort Worth, TX: 37,500 SF 3-yrs old fitness center on 6.4 acres lot close to I-820. Part of 228,000 SF retail center anchored by Lowe’s and Best Buy. 100% NNN corp lease till 2024. NOI $750K/yr with rare 12.5% rent bumps every 5 yrs. $8.825M. 8.5% cap.
- Sears Grand in Rancho Cucamonga, CA: 180,330 SF retail center on 14 ac lot near I-15 in booming (155% since 2000) and high income area. 100% NNN ground lease (land is for sale) to Sears. Best performing Sears Grand. NOI $792K/yr. $12.67M. 6.25% cap.
© Transmercial 2011
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