06-16: Burlington Coat Factory, MOB, Walgreens

1. Burlington Coat Factory in Santa Ana, CA: 58,450 SF single-tenant retail tenant on 5.32 ac lot in high-income & densely populated Orange County (AHI $80K/yr).  Just one Mile North of the prestigious South Coast Plaza.  100% NNN corp lease to BCF with 5 yrs left.  NOI $1.029M. $14.7M. 7% cap.
2. Marketplace Center in Sartell, MN: beautiful 25,286 SF constructed in 2004 in booming (177% growth) and high income (AHI $77K/yr) St. Cloud area.  Shadow anchored by grocery store with strong sales.  100% leased to 9 tenants.  NOI $325K/yr.  n$3.7M. 8.8% cap.
3. Shopping Center in Myrtle Beach, SC: 45,790 SF value-add shopping center in coastal city.  anchored by a newly extended Advance Auto Parts lease provides nice 10-year term and Dollar General.  87% leased.  Offer at 9% cap.  NOI/Price not avail.
4. Office building in Highland Village, TX: 4000 SF office building developed in 2000 on .48 ac lot in affluent (AHI $117K/yr) Dallas suburbs.  100% leased to 2 tenants.  NOI $70K/yr. $750K/ 9.33% cap.
5. Office Building in Las Vegas, NV: 8602 SF office building completed in 1995 on .83 ac lot in high income area (AHI $106K/yr).  100% leased to Nevada State Bank, Animal Hospital, and La Petite Academy.  NOI $174K/yr.  $2.49M. 7% cap.
6. MOB in Santa Ana, CA: 6975 SF single-tenant medical office building on .94 ac lot on a major artery in high income area.  100%  NNN leased to OC Dental Group since 2005 with 6 yrs left.  NOI $154K/yr. $3M. 5.15% cap.
7. Office building in Martinez, CA: 6900 AF office building on 1/2 ac lot with easy access to Hwy 4 in high income San Francisco Bay Area.  100% leased.  NOI $120K/yr. $1.55M. 8% cap.
8. Retail center in Roswell, GA:  9547 SF retail center on .89 ac lot in high income Atlanta metro.  90% leased.  NOI $129K/yr. $1.549M. 8.34% cap.
9. Walgreens in Homewood, IL: 11,000 SF drug store on 1.5 ac lot in high income Chicago metro.  100% NNN- lease with 6 yrs left.  NOI $180K/yr. $2.487M. 7.25% cap.

            (c) Transmercial 2014