- Office Building in Southlake, TX: 8890 SF single-tenant office building in #1 most affluent suburbs in 2008 by Forbes.com (AHI $223K/yr in 1 mile) in Dallas metro. 100% leased. NOI $177K/yr. $1.9M. 9.36% cap.
- Office building in Stow, OH: 38,240 SF 2-yrs old single-tenant 2-story class-A office building in growing and high income Akron metro. 10 yrs absolute NNN lease with 9 yrs left to JDC, a law firm providing complete creditor representation. NOI $573K/yr. with generous 5% annual rent bump starting from 2014. $6M. 9.55% cap.
- Shopping Center in Antioch, CA: 20,635 SF shopping center on 2.1 ac lot across from Somersville Towne Center Mall near Hwy 4 in San Francisco metro. NOI $202K/yr. (pro form $275K/yr). $2.7M. 10.2% pro forma cap.
- Office Building in Humble, TX: 9800 SF office building in Houston suburbs. 98% occupied. NOI $73K/yr. $825K. 9% cap.
© Transmercial 2011
No comments:
Post a Comment