- Retail Buildings in Forney, TX: 31,160 SF consisting of
two attractive retail buildings constructed in 2006/2008 on 3.53 ac lot in
fast growing & high income Dallas/Fort Worth suburbs. 89% NNN leased.
Current NOI $389K/yr. $4.45M. 8.76% actual cap. Upside potential.
- CVS in Alpharetta, GA: 10,722 SF well kept drug
store built in 1998 on 1.82 ac lot at a hard corner location in affluent
Atlanta suburbs with an AHI of $112K/yr in 3 mile radius. 100% NNN lease
with over 3-yrs left. NOI $251K/yr. $3.415M. 7.35% cap.
- MOB in Denton, TX: 12,202 SF Class- A single tenant medical office
building constructed in 1995 on 1 ac lot. Across from Golden Triangle
Mall, close to Denton Regional Medical Center and I-35E. Recently extended
NNN lease with 5-yrs left to Valor Healthcare, a government contractor for
the U.S. Dept of Veterans Affairs. NOI $173K/yr with a rent bump in 2017.
$2.338M. 7.50% cap.
- Shopping Center in Sayreville, NJ: 25,883 SF shopping
center on 3.75 ac corner lot in high income New York metro. 89% leased.
NOI $374K/yr. $5.2M. 7.20% cap.
- Office Building in Ballwin, MO: 23,580 SF office
building renovated in 1994 on 3.64 ac lot along major artery in St Louis
suburbs. Close to Des Peres Hospital and I-270. NOI $260K/yr. $3.25M. 8%
cap.
(c) Transmercial 2015
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