10-16: Auto Center, Office Building, Shopping Centers

1. Shopping Center in Kent, WA: 51,178 SF attractive shopping center on nearly 5 ac lot anchored by Goodwill in growing Seattle suburbs. 93% NNN leased. NOI $463K/yr. $5.6M. 8.27% cap.
2. Shopping Center in Indianapolis, IN: 59,783 SF shopping center on 8.39 ac outparcel to Walmart Supercenter in high income (AHI $92K/yr) area. 95% leased with excellent tenant mix. NOI $713K/yr. $9.25M. 7.71% cap.
3. Retail Buildings in Wichita, KS: 32,071 SF Michaels and 8186 SF strip center at a major retail corridor. Adjacent to Walmart Supercenter an Lowe’s. 100% NNN leased. NOI $394K/yr. $5.636M. 7% cap.
4. Auto Center in El Monte, CA: 10,000 SF L-shaped multi tenant auto center on .59 ac corner lot in densely populated Los Angeles County. 100% NNN leased. NOI $132K/yr. $2.29M. 5.80% cap.
5. Retail Center in Tucker, GA: 15,350 SF retail center constructed in 2000 on 1.40 ac lot in Atlanta suburbs. 100% leased with good tenant mix. NOI $187K/yr. $2.25M. 8.35% cap.
6. Strip Center in Crest Hill, IL: 9878 SF attractive strip center built in 2006 in fast growing (183% pop growth since 2000) Chicago metro. 86% NNN leased. NOI $127K/yr. $1.373M. 9.25% cap.
7. Office Building in McKnight, PA: 27,000 SF attractive office building in high income Pittsburgh suburbs with an AHI of $97K/yr in a 3 mile ring. 100% leased to multiple tenants. NOI $126K/yr. $1.8M. 7% cap.
8. Office Building in Winter Park, FL: 38,624 SF Class-B multi-tenant office building at a main artery in Orlando suburbs. Near Winter Park Memorial Hospital. 75% leased. Actual NOI $356K/yr. $4.1M. 8.70% cap.

            (C) Transmercial 2014