06-05: Mixed-Use, REO, Cancer Center, Speedy Cash, Faoums Foodwear

1.       Retail Center in Geneva, IL: 10,623 SF attractive retail center built in 1995 on over 1 ac lot at a signalized corner location and in affluent (AHI $166K/yr) Chicago suburbs. Tenants include: 7-Eleven, State Farm Insurance, Taylor Street Pizza, Dry Cleaner with drive-thru, and Nail Salon.  100% NNN leased. NOI $199K/yr. $2.7M. 7.39% cap.

2.       Retail Center in Las Vegas, NV: 16,600 SF well kept retail center completed in 2002 on 1.40 ac lot in high income area with an AHI of $98K/yr in 3 mile radius. Close to Centennial Hills Hospital Medical Center and Hwy-95. 90% leased. Actual NOI $214K/yr. $2.678M. 8% cap.

3.       Mixed-Use Center in Clermont, FL: 41,902 SF retail/office center built in 2006 on 4.30 ac lot in growing & high income Orlando suburbs. All units facing Hwy-27. Across from Publix Grocery Center. 100% leased. NOI $615K/yr. $6.95M. 8.85% cap.

4.       REO Retail Center in Marietta, GA: 19,692 SF 11-units well maintained bank owned retail center in growing and high income (AHI $108K/yr in 3 mile) Atlanta suburbs. NOI $135K/yr. $1.8M. 7.50% cap.

5.       Cancer Center in Riverside, CA: 11,763 SF single-tenant medical office building on 2.35 ac lot.  100% NNN leased to Vantage Oncology with 60 treatment centers in 14 states. Near expanding Riverside Community Hospital. NOI $233K/yr. $3.27M.  7.15% cap.

6.       Shopping Center in Downers Grove, IL: 31,111 SF well kept shopping center on over 3 ac lot in high income (AHI $104K/yr) Chicago suburbs. 96% NNN leased to Just Tires, Subway, Dairy Queen, Anytime Fitness, Cleaners, Benjamin Moore, John & Eddie' s Pizza, International Beauty, J.C. Licht, and Los Dos Mexican Restaurant, among others. NOI $431K/yr. $5.076M. 8.50% cap.

7.       Retail Center in Machesney Park, IL: 10,580 SF retail center on 1 ac outlot to Kohl’s in upper middle class Rockford suburbs. Close to Home Depot and Target. 100% leased with a good mix of national/local tenants. NOI $156K/yr. $10.58M. 1.734M. 9.03% cap.

8.       Speedy Cash in Laredo, TX: 2406 SF retail building on .49 ac lot at a major retail artery in a border city. Close to Mall Del Norte and I-35. 10-yrs absolute NNN corp lease. NOI $66K/yr with 10% rent bumps 1.015M. 6.50% cap.

9.       Famous Footwear in Saint Charles, MO: 8000 SF single-tenant retail building sandwiched between Target and Home Depot in high income St. Louis MSA. 100% NNN lease with 2-yrs left. NOI $1.2M. 9% cap.

10.   Neighborhood Center in Denton, TX: 69,263 SF attractive shopping center outparcel to Walmart Supercenter in fast growing area. Along major retail artery close to Target, Home Depot and Golden Triangle Mall. NNN lased. NOI $859K/yr. 7% cap. Price N/A.

            (c) Transmercial 2014