- Retail Center in Medina, OH: 15,300 SF retail center
built in 2000 on over 1 ac lot in a growing and upper middle-class city in
Cleveland metro. Across from Walmart, Kohl’s, Home Depot & Hobby Lobby
centers. 92% NNN leased. NOI $120K/yr. $1.38M. 8.71% cap.
- Shopping Center in Turlock, CA: 35,735 SF shopping
center on 4 ac lot anchored by Party City and Dollar Tree in growing town
Central Valley. Shadow anchored by Costco. Across from Monte Vista
Crossings, with Kohl’s, Safeway, Lowe’s, BevMo, Target and Home Depot and
more. Next to Hwy-99. 100% leased to national tenants. NOI $687K/yr.
$11.45M. 6% cap.
- Strip Center in Bowling Green, KY: 12,575 SF attractive
strip center on over 1 ac lot in a growing area. Adjacent to Kroger
Grocery Center. 100% NNN leased. NOI $198K/yr. $2.65M. 7.50% cap.
- Office Building in Gahanna, OH: 10,640 SF Class-A
recently renovated multi-tenant office building in affluent (AHI $106K/yr)
Columbus suburbs. 100% NNN leased. NOI $183K/yr. $2.29M. 8% cap.
- MOB in Cincinnati, OH: 8100 SF well maintained
single-tenant medical office building on .74 ac lot. Close to Western
Hills Mall. 100% NNN corp lease with 4-yrs left to TriHealth Medical. NOI
$101K/yr. $1.125M. 9% cap.
- Business Center in Albuquerque, NM: 42,939 SF well kept
business center on 3.60 ac lot a busy retail corridor. Close to I-25. NOI
$241K/yr. $2.95M. 8.20% cap.
- Family Dollar in Fontana, CA: 8320 SF retail building
store built in 2013 on 1.26 ac lot in San Bernardino County. New 15 yrs
NNN corp lease. NOI $126K/yr with up to 10% rent bump in year
11. $2.191M. 5.75% cap.
- Shopping Center in Memphis, TN: 37,732 SF well
maintained shopping center on 4.21 ac lot at a major retail artery. Near
Hickory Ridge Mall and Hwy-385. 100% leased. NOI $217K/yr. $2.75M. 7.90%
cap.
- Strip Center in Tinley Park, IL: 4800 SF attractive
strip center on .43 ac outparcel to Menard’s Home Improvement store in
Chicago suburbs. 100% leased by two tenants. NOI $85K/yr. $1.064M. 8% cap.
- Retail Center in Bridgeview, IL: 14,000 SF well
maintained retail center at a hard corner location in Chicago suburbs. NOI
$148K/yr. $1.65M. 9% cap.
(c) Transmercial 2014
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