11-08: Chuck E Cheese, Office buildiong, Retail center, MOB, Apartments, Burger King

1. Chuck E. Cheese in McAllen, TX: 15,500 SF Chuck E. Cheese family entertainment center built in 2013 on 2.458 ac lot across from a power center with Kohl's, Old Navy, Target, Home Depot, and Walgreens in fast growing city.  15 yrs NNN ground lease (land is for sale). NOI $133K/yr with 10% rent bumps every 5 yrs.  $2.216M. 6% cap.
2. Office Building in North Richland Hills, TX: 24,632 SF office building on 2.22 ac corner lot on a major artery.  90% occupied.  Current NOI $161K/yr. $2.023m. 8% CAP.
3. Retail Center in Oxnard, CA: 9619 SF upscale and modern looking retail center built in 2005 on 1.14 ac lot.  shadow anchored by Walgreens.  100% leased to 6 tenants including: Starbucks, Panda Express, Supercuts, Pacific oaks CU, Postal Connections and Quizno's.  NOI $253K/yr. $4.15M. 6.10% cap.
4. Shopping Center in Denver, CO: 44,078 SF established shopping center on 3.8 ac corner lot on one of metro Denver' s main thoroughfares. 78% leased.  Current NOI $372K/yr.  $4.38M. 8.5% cap.
5. Shopping Center in Saint Cloud, FL: 61333 SF shopping center built in 2003 on over 8 ac lot at an intersection of 2 main roads in Orlando suburbs.  Anchored by Winn Dixie grocery.  5 points of ingress & egress.  93% leased.  NOI $704K/yr. $8.281M. 8.5% cap.
6. MOB in Lakewood, CO: 17,884 SF 2-story medical office building on 1.69 ac lot next to St. Anthony Hospital.  100% leased to 3 tenants.  NOI $277K/yr. $3.4M. 8.16% cap.
7. Apartments in Pueblo, CO: 83,564 SF 78-unit 2-4 BRs apartments complex built in 1996-2000 on 1 ac lot in high income area. 95% occupied.  NOI $315K/yr. 7.7% cap.
8. Burger King in San Diego, CA: 3762 SF Burger King built in 1986 on .58 ac outparcel.  100% NNN ground lease (land is for sale) to a multi-unit franchisee with 10 yrs left.  Tenant has been here continuously since 1986.  NOI $130K/yr. $2.5M. 5.2% cap.

            (c) Transmercial 2013