- Strip Mall in Tinley Park, IL: 4800 SF strip mall built in 2005 on .43 ac outparcel to Menards at a prime commercial intersection in Chicago suburbs. 100% leased. NOI $85K/yr. $1.064M. 8% cap.
- Shopping Center in College Park, GA: 19,273 SF retail center built in 2010 on 2.38 ac lot in Atlanta metro. Across from Wayfield Foods grocery store with 9 stores in Atlanta. 93% NNN leased to 5 tenants. NOI $278K/yr. $3.1M. 9% cap.
- Applebee’s in Glen Allen, VA: 4370 SF Applebee’s on 1.35 ac outparcel to 84,683 SF Westpark Shopping Center and adjacent to a Costco Wholesale in Richmond metro. Surrounded by national retailers including Lowe' s, Kroger Pharmacy, Sam' s Club, Michaels, Dollar Tree and CVS 100% absolute NNN lease with 15 yrs left. NOI $209K/yr with 10% rent bumps every 5yrs. $2.9M. 7.23% cap.
- Office Buildings in Lawrenceville, GA: 14,542 SF 23-building office complex in Atlanta metro. Completed in 1996 on 1.95 ac lot. 95% leased. NOI $118K/yr. $1.3M. 9% cap.
- Jack In The Box in Wood Village, OR: 2850 SF JIB restaurant with drive thru built in 2001 on an outparcel to Walmart at I-84 exit in Portland metro. 24-hr location. 18 yrs NNN corp lease with 6 yrs left. NOI $182K/yr. $2.708M. 6.75% cap.
- Apartments in Dallas, TX: 160-unit 2-story apartments on 8.58 ac parcel. New roof. NOI $385K/yr. $4.2M. 9% cap. Just over $26K/unit.
- Shopping Center in Fresno, CA: 21,624 SF shopping center on 2.3 ac lot on a main artery with easy access to Hwy 99 and 41. Current NOI $238K/yr. $3.4M. 7% cap.
© Transmercial 2013
No comments:
Post a Comment