- Strip Center in Ocala, FL: brand new 12,600 SF strip center on an outparcel to Home Depot in a growing city in Central FL. Close to Paddock Mall and I-75. Tenants include: Mattress Firm, Aspen Dental, Weight Watchers and Fist Watch Restaurant. 100% leased. NOI $304K/yr. $4.205M. 7.25% cap.
- Best Buy in Sunnyvale, CA: 30,071 SF top performing electronics store constructed in 2005 on 2.7 ac lot on El Camino Real, a prime commercial corridor in Silicon Valley with AHI $111K/yr. 100% NNN lease with 5 yrs left. NOI $1.174M/yr. $19.56M. 6% cap. Buyer to assume $11.84M loan at low 5.62% interest rate.
- Shopping Center in Bolingbrook, IL: 17,960 SF attractive shopping center built in 2003 in growing and high income (AHI $93K/yr) Chicago suburbs. Shadow anchored by Meijer’s, Macy’s & IKEA off I-355. 93% leased. NOI $461K/yr. $5.3M. 8.7% cap.
- Retail Center in Sinking Springs, PA: 15,000 SF newly constructed retail center on 3.56 ac lot in wealthy (AHI $103K/yr) Philadelphia metro. 100% leased to 4 tenants. NOI $176K/yr. $2.2M. 8% cap.
- MOB in Gilroy, CA: 36,800 SF Class-A 2-story medical office building next to St Louise Regional Hospital and Hwy-101 in high-income Silicon Valley suburbs. 70% NNN leased by 11 tenants with 5 available units. Actual NOI $468K/yr. $5.85M. 8% cap. Strong upside potential when fully leased. This is an estate sale and priced to sell quickly. Sellers must sell to pay inheritance taxes.
© Transmercial
2012
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