- Retail Center in San Jose, CA: 7155 SF recently remodeled retail center on an outparcel to Mi Pueblo supermarket and across from Target. Easy access to Hwy 101. 100% NNN leased to Chase Bank & AT&T. NOI $428K/yr. $5.995M. 7.3% cap.
- Fresenius Dialysis Center in Fort Worth, TX: 8500 SF new build to suit dialysis center on 2 ac lot near I-35W. 15 yrs NNN- lease. NOI $163K/yr with 1.7% annual rent bump. $2.33M. 7% cap.
- IHOP in Littleton, CO: 5108 SF IHOP restaurant built in 2001 on .89 ac lot near SR-470 exit in affluent Denver suburbs (AHI $121K/yr in 1 mile). 100% absolute NNN corp lease with 8 yrs left. NOI $214K/yr. $2.85M. 7.54% cap.
- Tuffy Auto in Jacksonville, FL: 5698 SF Auto service center built in 2007 on 2.09 ac lot in fast growing (98% since 2000) & affluent area (AHI $108K/yr in 1 mile). 20 yrs NNN lease till 2026 to Tuffy auto, a regional tenant with 216 locations. Store with strong sales, ranked #12 among 216 locations. NOI $169K/yr with 8.75% rent bump every 5 yrs. $2.116M. 8% cap.
- Professional Park in Las Vegas, NV: 50,076 SF bank-owned office complex built in 1997 on 4.24 acres lot in affluent area (AHI $113K/yr in 1mile). 80% leased. NOI $471K/yr. $5.55M. 8.5% cap. Just $110/SF.
- Dennys in Lake Worth, TX: 4224 SF Denny’s restaurant on .8 ac lot near Loop 820 exit in fast growing Dallas-Fort Worth metro. 100% absolute NNN lease till 2026 to 2006 & 2007 Dennys Franchisee of the year with 52 units. NOI $115K/yr with 10% rent bump every 5 yrs. $1.608M. 7.15% cap.
- DaVita Dialysis Portfolio in Las Vegas, NV: portfolio of 2 DaVita Dialysis centers built in 2008 with combined 22,445 SF. 10 yrs NNN lease with 5+ yrs left. NOI $651K/yr. $8.4M. 7.75% cap. Also available for sale Individually.
© Transmercial 2012.
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