- Shopping Center in Fairview Heights, IL: 59,386 SF shopping
center built in 2009 on 5.90 ac lot in growing St Louis metro. Anchored by
25,546 SF JoAnn’s Fabrics & Party City. Adjacent to St. Clair Square
Mall and near I-64. 100% NNN leased. NOI $684K/yr. $8.055M. 8.50% cap.
- Retail Building in St. Louis, MO: 9,971 SF attractive
retail building constructed in 2007 on .89 ac corner lot. Excellent tenant
mix: City Gear, Check N Go, Boost Mobile and Instant Tax Service. 100% NNN
leased. NOI $117K/yr. $1.232M. 9.50% cap.
- Retail Building in Woodbury, MN: 9426 SF eye-catching
retail center on 1.54 ac lot in growing (64% pop growth since 2000) and
affluent (AHI $117K/yr) Minneapolis/St Paul suburbs. 100% NNN leased. NOI
$127K/yr. $1.55M. 8.24% cap.
- Bruno’s Burgers in Inglewood, CA: 1227 SF fast food
restaurant at a signalized corner location in Los Angeles
area. Along major artery and close to Centinela Hospital Medical Center.
100% NNN lease with 12-yrs left. NOI $48K/yr with CPI rent increases every
2-yrs. $740K. 6.49% cap.
- Retail Center in Scottdale, GA: 15,300 SF well
maintained retail center constructed in 2002 on over 1 ac lot in fast
growing Atlanta suburbs. Close to Dekalb Medical Center. 85% leased.
Actual NOI $105K/yr. $1.275M. 8.50% actual cap. Upside potential.
- Retail Building in Rancho Cordova, CA: 23,640 SF retail
building on over 3 ac lot along major retail artery. Part of Zinfandel
Square Center with Target, Ross Dress for Less, 99 Cents Only and more.
Tenants include: Grocery Outlet, a regional grocery chain and Furniture
Store. NOI $243K/yr. $4.05M. 6% cap.
- MOB in Sunnyvale, TX: 11,492 SF Class-A multitenant medical office building
on 2.52 ac lot in high income Dallas suburbs. Near Texas Regional Medical
Center. NNN leased to stable tenants. NOI $292K/yr. $3.9M. 7.50% cap.
- Arby’s in McHenry, IL: 3070 SF Arby’s
Restaurant completed in 1994 outparcel to a Power Center anchored by
Target in Chicago metro. Along major retail artery. 100% absolute NNN
lease with 8-yrs left to a strong franchisee with 25-units. NOI $101K/yr.
$1.2M. 8.46% cap.
- Mixed-use in West Orange, NJ: 11,348 SF well kept
office/ retail center in affluent New York suburbs with an AHI of $118K/y
in 1 mile ring. 80% lease. Actual NOI $192K/yr. $2.725M. 7.06% cap. Upside
potential when fully leased.
(c) Transmercial 2014
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