- DaVita in Fresno, CA: 6150 SF dialysis center
built in 2014 on .52 ac lot along busy corridor and in a fast growing
area. Close to Kaiser Permanente Medical Center. 15-yrs NNN- corp lease.
NOI $150K/yr with 10% rent bumps every 5-yrs. $2.727M. 5.50% cap.
- Whataburger in Phoenix, AZ: 2855 SF drive-thru fast
food restaurant constructed in 2000 on over 1 ac outparcel to Big Lots. On
off/on ramp of I-17. Close to 221-bed Phoenix Baptist Hospital. 20-yrs
absolute NNN corp lease with 5-yrs left. NOI $148K/yr. $2.095M. 7% cap.
- Shopping Center in Milwaukee, WI: 35,327 SF well kept
shopping center on 3½ ac corner lot in a fast growing middle-class area.
Close to new Walmart Supercenter. 83% leased with mostly NNN leases. Actual
NOI $311K/yr. $3.617M. 8.62% actual cap. Upside potential.
- Retail Center in Orlando, FL: 21,599 SF eye-catching
retail center built in 2006 on 3.3 ac outparcel to Publix shopping
center in growing & high income area. All units face main artery. 95%
leased. NOI $361K/yr. Price N/A.
- Retail Building in Franklin Square, NY: 10,088 SF well
maintained retail building along major thoroughfare in densely populated
New York suburbs with over 700,000 residents in a 5 mile ring. Leased to
long term tenants. NOI $119K/yr. $2M. 6% cap.
- World Market in Prescott, AZ: 18,300 SF single-tenant
retail building on 1.79 ac outparcel to Prescott Gateway Mall, a
589,854-square foot regional mall anchored by Dillard' s, JCPenney, Sears,
Best Buy and many more.. Recently extended NNN lease with 8-yrs left. NOI
$142K/yr. $2.039M. 7% cap.
- AutoZone in San Bernardino, CA: 10,500 SF AutoZone on
.66 ac outparcel to Harbor Freight Tools and Mike & Judies Grocery
Warehouse. Near Inland Center Mall with easy access to I-215. 100%
leased. NOI $126K/yr. $2.027M. 6.25%cap.
- Long John Silver’s / A&W in Lafayette, IN: 2780 dual branded fast
food restaurant along main retail corridor. Close to 864,000 SF Tippecanoe Mall with
over 100 stores. Brand new 20-yrs NNN lease. NOI $96K/yr with 10% rent
bumps every 5-yrs. $1.476M. 6.50% cap.
- MOB in Freeport, NY: 19,200 SF Class-B medical building renovated in 1995
anchored by DaVita in affluent (AHI $108K/yr in 3 miles) New York suburbs.
74% NNN leased. NOI $361K/yr. $4.75M. 7.60% Cap.
- Jiffy Lube in La Grande Park, IL: 1400 SF auto center in
growing and high income Chicago suburbs with an AHI of $86K/yr in 1 mile.
100% NNN lease with 7-yrs left to a strong franchisee with over 500 units.
NOI $71K/yr with a 10% rent bump in 2017. $1.016M. 7% cap.
(c) Transmercial 2015
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