06-17: Tuffy Auto, O'Reilly Auto Parts, LA Fitness, Family Dollar, MOB, Apartments

1. Tuffy Auto in Jacksonville, FL: 5090 SF 4-bay newly constructed full-service automotive repair center at a main retail corridor. 100%  NNN lease to Tuffy Auto, a regional tenant with 15 yrs left. NOI $157K/yr with rent increases every 5 yrs. $2.2M. 7.15% cap.
2. O’Reilly Auto Parts in Atlanta, GA: 8000 SF retail building completed in 2005 on nearly 4 ac lot along main corridor. Close to Greenbriar Mall and I-285. 100% NNN- corp lease with 7-yrs left. NOI $65K/yr. $964K. 6.75% cap.
3. Retail Center in Beaverton, OR: 7430 SF well kept retail center built in 1994 on .78 ac lot at a hard corner location in Portland suburbs. Across from Beaverton Town Square. On an off/on ramp of Hwy-217. 100% NNN leased. NOI $129k/yr. $1.8M. 7.17% cap.
4. Strip Center in Antioch, CA: 7008 SF attractive strip center on .44 ac outparcel to Safeway and Rite Aid in San Francisco Bay Area. Strong demographics with AHI of $100+K/yr. Near Hwy-4. 100% NNN leased to Chase Bank and Great Clips. NOI $283K/yr. $3.775M. 7.50% cap.
5. LA Fitness in Goodyear, AZ: 45,000 SF Fitness Center built in 2010 in booming (1,676% pop growth) and high income (AHI $100K/yr in 1 mile) Phoenix MSA. Across from Canyon Trails Towne Center, with Super Target, Ross Dress For Less and Home Depot. 15-yrs NNN- lease with 11-yrs left. NOI $903K/yr with rent increases. $12.2M. 7.40% cap.
6. MOB in Fort Myers, FL: 24,174 SF Class-A medical office building in growing Cape Coral suburbs. 100% NNN leased with 4-yrs left to Lee Memorial Health Systems, largest employer in the county. Tenant recently invested in $700K in improvements.  NOI $361K/yr with rent increases. $4.375M. 8.25% cap.
7. Apartments in Los Angeles, CA: 6-units attractive multifamily complex completed in 2011 in densely populated area. Close to parks and I-110. NOI $99K/yr. $1.45M. 6.86% cap.
8. Strip Center in Sacramento, CA: 14,147 SF well maintained strip center at a corner location. Close to Country Club Plaza. $1.2M. NOI/Cap N/A.
9. Retail Center in Phoenix, AZ: 15,582 SF 7-units well maintained retail center on .89 ac lot at a signalized intersection. 87% leased with only 1 vacant unit. Actual NO $104K/yr. $1.224M. 8.50% actual cap. Upside potential when fully leased.
10. Family Dollar in Cincinnati, OH: 9272 SF single tenant retail building completed in 2009 at a corner location. 100% NNN- corp lease with 7-yrs left. NOI $136K/yr with a 10% rent bump in 2016. $1.775M. 7.68% cap. 

            (c) Transmercial 2014