- UBS Office Building in Northfield, NJ: 11,784 SF Class-B
single-tenant office building on .40 ac lot in high income (AHI $81K/yr)
area. Renovated in 2008. 10-yrs NNN lease with 4-yrs left to a credit
tenant with A- S&P credit rating. NOI $284K/yr. $3.55M. 8% cap.
- Office Building in Orlando, FL: 64,217 SF Class-B
multitenant office building close to Hwy-441. Close to 1,700,000 SF Florida Mall, with
250 stores. 81% leased. NOI $336K/yr. $4.1M. 8.20% cap. Less
than $64/SF (below replacement cost)!
- Retail Center in Dunedin, FL: 13,384 SF attractive
retail center at a corner location in Tampa suburbs. Across from Walmart
Neighborhood Market and close to Westfield Countryside Mall
and Hwy-19. 100% leased. NOI $168K/yr. $2.249M. 7.47% cap.
- MOB in Spartanburg, SC: 34,900 SF Class-A
single tenant medical office building. 8-yrs NNN lease with 4-yrs left to
Greenville Hospital System. NOI $350K/yr with 2% annual rent increases.
$4.275M. 8.21% cap.
- Neighborhood Center in Modesto, CA: 99,315 SF well kept
shopping center on over 10 ac lot anchored by 23,200 SF Grocery Outlet, 21,250 SF Sears
Outlet and 18,510 SF Fallas Paredes
Discount store. 100% NNN leased. NOI $1.034M/yr. $14.7M. 7.04% cap.
- Rite Aid in Shelby Township, MI: 11,180 SF well
maintained Rite Aid Pharmacy on 1.62 ac outparcel to Big Kmart in growing
and high income (AHI $90K/yr) Detroit suburbs. Close to Hwy-53. 20-yrs
NNN- lease with 4-yrs left. NOI $298K/yr. $3.733M. 8% cap.
- Shopping Center in Denver, CO: 26,744 SF attractive
shopping center on nearly 3 ac lot along major corridor. 100% leased by
thirteen tenants. NOI $264K/yr. $3.3M. 8% cap.
- Shopping Center in Romeoville, IL: 49,900 SF shopping
center built in 2004 on 1.43 ac lot in growing (126% pop growth) and upper
middle class Chicago suburbs. Major tenants include: Bank of America,
Wendy’s, Taco Bell, Buffalo Wild Wings and O’Reilly Auto Parts.
Shadow anchored by Jewel-Osco Grocery.
100% leased. Actual NOI $1.215M/yr. $16.2M. 7.50% cap.
- Strip Center in Killen, TX: 8878 SF attractive
strip center on nearly 1 ac corner lot in a fast growing area. 100%
leased. 10% cap. NOI N/A.
- Mixed-Use in Mohegan Lake, NY: 12,446 SF well
maintained office/retail center on 1 ac lot in affluent New York metro
with an AHI of $113K/yr in 1 mile ring. NOI $150K/yr. $1.95M. 7.73% cap.
(c) Transmercial 2015