05-12: Apartments, MOB, Retail Centers, Fresenius

1. Retail Center in Englewood, CO: 5751 SF attractive retail center built in 2004 in booming and affluent Denver metro with an AHI of $114K/yr in 3 mile radius. Close to Sky Ridge Medical Center and I-25. NOI $128K/yr. $1.795M. 7.17% cap. .
2. Retail Center in Stockton, CA: 11,253 SF retail center on 1 ac lot in high income (AHI $110K/yr) San Joaquin County. Near I-5. 100% NNN leased to Mezzo, Cocoro-To-Go, Casa Flores, VIP Pizza, Brookside Dry Cleaners and Califit. NOI $179K/yr. $2.725M. 6.60% cap.
3. Apartments in Sacramento, CA: 64-units recently renovated multifamily complex. Minutes from Downtown and with easy access to I-80. NOI $222K/yr. $3.075M. 7.25% cap.
4. Retail Center in Meridian, ID: 14,274 SF retail center built in 2008 on 1.25 ac lot in growing and upper middle-class Boise suburbs. Near St Luke’s Meridian Medical Center and I-84. 100% NNN lased to five tenants. NOI $172K/yr. $2.595M. 6.60% cap.
5. Shopping Center in Missouri City, TX: 29,910 SF attractive shopping center built in 2005 on 2.88 ac lot along main retail corridor in high income (AHI $108K/yr) Houston suburbs. Across from Power Center anchored by Kohl’s, Hobby Lobby and Home Depot. 89% leased. NOI $441K/yr. $6.25M. 7.07% cap.
6. MOB in Covina, CA: 9826 SF Class-B five units medical office building along main artery in Las Angeles County. Adjacent to Citrus Valley Medical Center. 80% leased. $3.15M. NOI/Cap N/A.
7. Fresenius in Warner Robins, GA: 6600 SF Class-A dialysis center constructed in 1997 on 2 ac lot in growing and middle class area. 100% NNN lease with 4-yrs left. NOI $130K/yr with 2% annual rent bumps. $1.8M. 7.24% cap.

            (c) Transmercial 2014