- Hooters restaurant in Phoenix, AZ: 6207 SF restaurant on 1.2 ac pad to Desert Sky Mall. Renovated in 2010. 20 yrs absolute NNN lease with 17 yrs left. Store with strong sales of over $2.37M. NOI $150K/yr. $2.27M. 6.7% cap.
- Medical Office Building in Mission Hills, CA: 37,066 SF well-maintained 3-story 20-unit MOB in high income city in Los Angeles. 91% leased. Current NOI $467K/yr. $5.45M. 8.58% cap. Upside potential when fully leased.
- Medical & Surgery Center in Columbus, OH: 32,000 SF 2-story class-A outpatient surgery and medical building completed in 2000 on 2.2 ac lot. Anchored by 13,333 SF Knightsbridge Surgery Center co-owned by OhioHealth, the largest healthcare system in Central Ohio. 94% leased. NOI $431K/yr. $5.595M. 7.7% cap.
- Shopping Center in Palm Harbor, FL: 53,010 SF shopping medical and service center on 6.1 ac lot in middle class Tampa metro. 96% occupied and over 70% of the tenants have been in the center for well over 10 years. NOI $742K/yr. $8.95M. 8.3% cap.
- Retail Center in Chino, CA: 41,431 SF retail center built in 1990 on 3.41 ac lot just 1 block North of Pomona Hwy exit. Anchored by Cinemark Theaters, and Goodyear Tire. Surrounded by Target, Jo-Ann Fabrics, Party City, Ross For Less. 85% occupied. NOI $255K/yr. $3.627M. 7.03% cap. Just $87/SF and below construction cost.
© Transmercial 2013
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