03-17: TGI's Friday, Bank of America, MOB, Regional Centers, Strip Centers

• AHI: Avg. Household Income.  National average is about $55+K/yr.
• NOI: Net Operating Income.  It’s the income after all expenses (prop taxes, ins., maintenance) paid.
• NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.
• NNN-: Triple net lease with landlord responsible for roof and structure.  Used by Transmercial only.

1. Regional Center in Pickerington, OH: 44,834 SF attractive shopping center on 5.87 ac lot anchored by Life Time Fitness in high income Columbus suburbs. Shadow anchored by Kohl’s and next to OhioHealth’s new medical campus. NNN leased. NOI $728K/yr. $8.62M. 8.45% cap.
2. TGI’s Friday’s in Springfield, MO: 8000 SF casual dining restaurant and bar renovated in 2005 on over 1 ac lot. Adjacent to Power center with Ross Dress for Less, T.J. Maxx, Shoe Carnival and Petsmart. Across from Target and Lowes. Close to1,200,000 SF Battlefield Mall. 20-yrs absolute NNN lease with 10-yrs left. $3.265M. 7.35% cap.
3. Bank of America in Fresno, CA: 14,224 SF multiple drive-thru retail building on 1.69 ac lot along main artery. With easy access to Hwy-2. Tenant has been at this location since 1981. 100% NNN corp lease with 5-yrs left. NOI $125K/yr. $1937M. 6.50% cap.
4. Neighborhood Center in Webster, TX: 121,260 SF shopping center on nearly 10 ac lot at a hard corner location in growing and upper middle class area. Major tenants include: Gerland’s Food Town, McDonalds, Family Dollar and Palais Royal. 100% leased. Pro forma NOI $891K/yr. $12.3M. 7.25% pro forma cap.
5. Shopping Center in Atlanta, GA: 33,200 SF Class-A consisting of two retail buildings on 4.48 ac lot. Across from Cumberland Mall, close to Galleria Specialty Mall and next to I-285. Near new Altans Brave’s Stadium. 94% leased. Actual NOI $459K/yr. $5.1M. 9% actual cap. Upside potential.
6. Regional Center in Baytown, TX: 106,779 SF shopping center completed in 2003 on over 12 ac lot in Houston suburbs.  Major tenant include: Michaels, Boot Barn, Shoe Carnival, Pier 1 Imports and Buffalo Wild Wings. Shadow anchored by Kohl’s. Across from 1.15M SF San Jacinto Mall and near I-10. 98% leased. Pro forma NOI $1.331M/yr. $18.364M. 7.24% cap.
7. MOB in Merrillville, IN: 37,328 SF Class-B multitenant medical office building on over 5 ac lot adjacent to Methodist Hospital-Southlake. 100% NNN leased. NOI $462K/yr. $6.3M. 7.34% cap.
8. Office Building in Santa Clara, CA: 7320 SF well maintained office building on .55 ac corner lot in high income Silicon Valley. Adjacent to San Jose International Airport and close to Hwy-101. $2.15M. Seller will carry. Excellent for owner-user!
9. MOB in Eagle, ID: 5300 SF attractive medical office building constructed in 2003 on .59 ac lot in high income (AHI of $90K/yr in 3 miles)Boise suburbs. 100% NNN leased to multiple tenants. NOI $70K/yr. $990K. 7.12% cap.
10. Strip Center in Copiague, NY: 5800 SF strip center on .41 ac lot along main artery in high income New York suburbs. NOI $121K/yr. $1.95M. 6.20% cap.

            (c) Transmercial 2015

03-16: Jack in the Box, Golden Corral, IHOP, Mixed-Use, Shopping Centers

1. Shopping Center in Winchester, VA: 79,947 SF consisting of four attractive retail buildings built in 2008 on over 12 ac outparcel to 126,000 SF Target and Lowe’s on an off/on ramp of I-81. Notable tenants include: Sleepy’s, Sprint, Sally Beauty Supply, GameStop, PetSmart, Party City and Subway. 98% NNN leased. NOI $1.397M/yr. $17.998M. 7.76% cap.
2. Mixed-use in San Jose, CA: 19,826 SF well maintained retail/office center on 1.55 ac lot along major artery. Between Eastridge Mall and Hwy-101. 88% leased. NOI $371K/yr. $6.75M. 5% cap.
3. Shopping Center in Las Vegas, NV: 53,689 SF striking shopping center constructed in 2005 on 5.58 ac lot in a growing and high income area with an AHI of $92K/yr in 1 mile. Adjacent to major shopping centers with Whole Foods Market, Barnes & Noble, Target, Pier 1 Import, and The Loft. 100% NNN leased. NOI $1.347M/yr. $19.65M. 6.86% cap.
4. Retail Center in Urbandale, IA: 22,771 SF retail center built in 2001 in fast growing and high income (AHI $99K/yr in 3 miles) Des Moines suburbs. Outparcel to Super Target and Home Depot. Next to I-80. 86% leased. NOI $239K/yr. $3.189M. 7.50% cap.
5. Jack in the Box in Henderson, NV: 2660 SF drive-thru fast food restaurant completed in 1999 on an off/on ramp of I-215. 100% NNN corp lease with 4-yrs left. NOI $136K/yr. $2.125M. 6.40% cap.
6. Shopping Center in The Woodlands, TX: 31,505 SF well kept shopping center on over 3 ac lot in fast growing and high income (AHI $94K/yr in 3 miles) Houston MSA. Along I-45. 95% leased. NOI $423K/yr. $5M. 8.47% cap.
7. Strip Center in Patchogue, NY: 7000 SF strip center on .68 ac corner lot in upper middle class (AHI $84K/yr) New York suburbs. Close to Hwy-27. 100% leased to five tenants. NOI $138K/yr. $1.95M. 7.10% cap.
8. Golden Corral in Chattanooga, TN: 10,594 SF Golden Corral buffet restaurant on 1.79 ac outparcel to Kohl’s and Target. Close to Hamilton Place Mall and I-75.  100% NNN lease with 12-yrs left. NOI $216K/yr with rent bumps every 5-yrs. $3.099M. 7% cap.
9. IHOP in Atlanta, GA: 4500 SF IHOP Restaurant built in 2008 outparcel to Walmart. Across from Kroger and Dollar Tree center. 20-yrs absolute NNN lease with over 13-yrs left. NOI $197K/yr. $3.046M. 6.50% cap.

            (c) Transmercial 2015

03-13: Perkins;, Office Buildings; Processional Plaza; Retail Centers

1. Retail Center in Riverdale, GA: 11,250 SF eye-catching retail center constructed in 2008 on 2 ac lot in growing Atlanta suburbs. Major tenants include: Little Caesars, Wings & Hibachi, Lake Ridge Mart, Tattoos Shop, Rose Couture and Hair Salon. 90% leased. Actual NOI $84K/yr. $1.095M. 7.73% actual cap. Upside potential .
2. Professional Plaza in Miramar, FL: 30,692 SF Class-B multitenant office building along main corridor in Miami suburbs. High barrier to entry area. 94% leased. NOI $259K/yr. $3.6M. 7.20% cap.
3. Retail Building in Cortlandt Manor, NY: 4777 SF well maintained retail building on 1 ac lot along main corridor in affluent New York metro with an AHI of $142K/yr in 1 mile radius. 100% leased to Snap Fitness & Thyme Restaurant. NOI $130K/yr. $1.866M. 7% cap.
4. Retail Center Spokane, WA: 24,113 SF consisting of two retail buildings on 2.26 ac lot across from Walmart Supercenter. Adjacent to Costco, Home Depot and Lowe’s. Close to I-90. 100% leased. NOI $282K/yr. $3.95M. 7.15% cap.
5. Shopping Center in Mesa, AZ: 34,405 SF well maintained shopping center on over 3 ac lot at a hard corner location in Phoenix suburbs. Across from Safeway shopping center. 88% NNN leased. NOI $280K/yr. $3.5M. 7.20% cap.
6. Perkins in Milwaukee, WI: 4966 SF Perkins Restaurant on nearly 1 ac lot across from Mitchell International Airport. 100% NNN leased. NOI $107K/yr. $1.54M. 7% cap.
7. Office Building in Denver, CO: 10,302 SF well maintained office building along busy retail corridor. Adjacent to center with Target, Sports Authority and PetSmart. 100% leased. NOI $140K/yr. $1.6M. 8.80% cap. 

            (c) Transmercial 2015

03-12: Tires Plus; MOB; Shopping Center

1. Tires Plus in Jacksonville, FL: 6831 SF auto center built in 2000 on 1 ac lot along main artery. Close to I-95. 20-yrs absolute NNN corp lease with 5-yrs left. NOI $164K/yr with an 8% rent bump in 2016. $2.36M. 7% cap.
2. MOB in Fort Mill, SC: 13,288 SF Class-A multitenant office building in a fast growing (686%) and affluent (AHI $127K/yr) Charlotte metro. 100% leased to Rock Hill GYN-OB, Piedmont Medical Center, Chit Chat Speech-Language Therapy, William Nunn & Co. and LSU Bayview Recovery. $2M. NOI N/A.
3. Shopping Center in Surprise, AZ: 52,134 SF attractive shopping center on over 5 ac lot anchored by Mountainside Fitness, a highly rated on Yelp fitness center in Phoenix suburbs. 100% leased. NOI $694K/yr. $9M. 7.72% cap.

            (c) Transmercial 2015

03-11: Senor Tequila's; Taco Bueno; Office Buildings; Retail Centers

1. Senor Tequila’s in Fort Myers, FL: 9304 SF Mexican restaurant completely renovated in 2014 on 1.73 ac outparcel to Power Center with Super Target, World Market, DSW and Barnes & Noble. Across from Costco and T.J. Maxx. Close to Bell Tower Shops. 10-yrs absolute NNN lease with over 9-yrs left. NOI $171K/yr with 2.5% annual rent bumps. $2.638M. 6.50% cap.
2. Office Building in Woodbury, MN: 20,656 SF Class-A two-story office building in a growing and high income Minneapolis suburbs with an AHI of $86K/yr in 1 mile radius. With easy access to I-494/I94. 100% leased to Prairie Care and Keller Williams Realty. NOI $358K/yr. $4.65M. 7.70% cap.
3. Shopping Center in San Antonio, TX: 134,187 SF well maintained shopping center on 3 ac lot along NW Loop-410. Major tenant include: FAMSA, Inc, Teppanyaki Grill & Buffet and Blast Fitness. Near Ingram Park Mall with Macy’s, Dillard’s, Sears and JCPenney. 87% leased. 7% cap. Price N/A.
4. Office Building in Bohemia, NY: 10,000 SF office/medical office building in high income (AHI $98K/yr) New York suburbs. Close to Mercy and South Nassau Hospital. 76% leased. $1.895M. NOI/Cap N/A.
5. Retail Center in Columbus, OH: 12,516 SF well kept retail center on over 1 ac lot in a high income (AHI $80K/yr in 3-miles) neighborhood. All tenants face main corridor. 100% NNN leased to eight tenants. NOI $141K/yr. $1.665M. 8.50% cap.
6. Taco Bueno in Colorado Springs, CO: 2850 SF brand new Tex-Mex style Mexican cuisine fast food restaurant on .67 ac lot in upper middle class area. With easy access to I-25. 20-yrs absolute NNN corp lease. NOI $110K/yr with 1% annual rent bumps starting in yr-6. $1.84M. 6% cap.
7. Office Building in Phoenix, AZ: 28,594 SF consisting of two well maintained multi-tenant office buildings on nearly 2 ac lot close to Hwy-51. 89% leased. $2.467M. 7.61% cap.

            (c) Transmercial 2015

03-10: BWW; Office Buildings; MOB; Retail Centers

1. Retail Center in Centennial, CO: 6948 SF attractive retail center on 1 ac lot in a growing and affluent (AHI $112K/yr in 1 mile) Denver suburbs. Adjacent to King Soopers grocery and Safeway grocery Centers. 100% absolute NNN leased to Budget Transmission and Brakes Plus. NOI $129K/yr. $1.92M. 6.75% cap.
2. MOB in Edmond, OK: 17,213 SF built-to-suit single-tenant medical office building constructed in 1999 on 2 ac lot in growing and upper middle class Oklahoma City suburbs. 11-yrs NNN lease with 5-yrs left to INTREGRIS, a large regional tenant. NOI $308K/yr. $3.635M. 8.50% cap.
3. Shopping Center in Chino, CA: 64,076 SF attractive shopping center built in 1991 on 6 ac lot at a busy retail corridor in upper middle-class San Bernardino County. Close to Hwy-60. 86% NNN leased. NOI $701K/yr. $11.25M. 6.23% cap.
4. Retail Center in Sun City, AZ: 39,443 SF well kept retail center on over 2 ac lot along main retail artery in Phoenix MSA. 91% leased. NOI $384K/yr. $4.925M. 7.80% cap.
5. Buffalo Wild Wings in Texarkana, TX: 6400 SF attractive restaurant constructed in 2007 on 1.25 ac lot with good access and excellent visibility to I-30. Adjacent to Power Center with Cinemark, Home Depot, T.J. Maxx and Beth Bath & Beyond. Across from Lowe’s & Walmart Supercenter and near Central Mall. 100% absolute NNN lease with 5-yrs left. NOI $144K/yr with 2% annual rent bumps. $2.058M. 7% cap.
6. Office Building in Grove City, OH: 27,535 SF Class-B multitenant office building on 3.39 ac lot in fast growing (77% pop growth) and upper middle-class (AHI $76K/yr) Columbus suburbs. Close to I-71. 96% NNN leased to multiple tenants. NOI $315K/yr. $4.5M. 7% cap.
7. MOB in Riverton, UT: 4542 SF Class-B medical office building on ½ ac lot in growing and high income Salt Lake City suburbs. 100% NNN leased. NOI $71K/yr. $965K. 7.40% cap.

            (c) Transmercial 2015

03-09: Alexian Brothers Health System; Wendy's; DaVita; Fast Med; Office Buildings

1. Alexian Brothers Health System in Addison, IL: 11,200 SF Class-A single-tenant medical office building along major corridor in high income (AHI $92K/yr) Chicago MSA. With easy access to I-355. 100% corp lease to well-known medical service provider. NOI $252K/yr with 3% annual rent increases. $3.45M. 7.33% cap.
2. Wendy’s in Oshkosh, WI: 3270 SF Wendy’s built in 2002 in a fast growing area. Between The Medical Center of Aurora and Hwy-41. This is a sale/leaseback investment. New 20-yrs absolute NNN lease to an experienced franchisee. NOI $77K/yr with 1.5% annual rent increases. $1.244M. 6.20% cap.
3. DaVita Dialysis in Cape Coral, FL: 7404 SF attractive medical office building constructed in 2005 in upper middle-class in Fort Myers suburbs. 100% NNN- lease. NOI $147K/yr with 3.5% annual rent bumps. $2.449M. 6.01% cap.
4. Retail Center in Meridian, ID: 8450 SF retail center built in 2007 on .83 ac lot in growing and middle-class (AHI $73K/yr in 3 miles) Boise suburbs. Across from Fred Meyer Grocery Store. 100% leased. NOI $85K/yr. $1.15M. 7.43% cap.
5. Fast Med in Mesa, AZ: 2600 SF Fat Med Urgent Care Center constructed in 2004 on .40 ac lot on Phoenix suburbs. Close to Banner Mesa Medical Center. 10-yrs NNN lease with over 7-yrs left. NOI $80K/yr. $1.1M. 7.30% cap.
6. Strip Center in Bellmore, NY: 11,700 SF strip center on .51 ac lot in high income New York suburbs with an AHI of $119K/yr in 1 mile ring. 100% leased to multiple tenants. NOI $153K/yr. $3M. 5.10% cap.
7. Office Building in Edmond, OK: 5000 SF Class-B multitenant office building on .49 ac lot in fast growing (284% pop growth since 2000) and high income (AHI $96K/yr) Oklahoma City suburbs. 100% leased to three tenants. NOI $80K/yr. $1M. 8% cap.
8. Shopping Center in San Antonio, TX: 122,120 SF attractive shopping center on over 11 ac lot shadow anchored by 203,000 SF Walmart Supercenter. Close to I-10. 81% leased with good tenant mix. 7% cap. NOI/Price N/A.

            (c) Transmercial 2015

03-06: Burger King, Regional Plaza, Shopping Centers, Retail Centers

1. Shopping Center in Lexington, KY: 180,576 SF shopping center renovated in 2003 on over 18 acres of land anchored by 78,337 SF Burlington Coat Factory along major retail artery. Other major national tenants include: Tuesday Morning, Aaron’s, Golden Buffet, Hancock Fabrics and Sherwin Williams.  Adjacent to Walmart and close to Saint Joseph East Hospital. Close to Hwy-60. 100% leased with good tenant mix. NOI $1.07M. $13.37M. 8% cap.
2. Burger King in Orlando, FL: 4118 SF well maintained Burger King on nearly 2 ac corner lot along busy corridor. Tenant has been at this location since 1994. 100% absolute NNN corp lease with over 4-yrs left. NOI $90K/yr. $1.24M. 7.30% cap.
3. Retail Center in Katy, TX: 32,387 SF attractive retail center built in 2005 on 4.58 ac outlot to Walmart Supercenter in a fast growing and high income (AHI $107K/yr in 3 miles) Houston MSA. Good tenant mix include: Pizza Hut, State Farm, Subway and Payless Shoe Source, Dentist, Tutoring Center, China Buffet, Hair Salon and Nail Salon just to name a few. 89% NNN leased. $585K/yr. Price: Best Offer.
4. Retail Center in Lithonia, GA: 32,200 SF eye-catching retail center built in 2003 on 4.55 ac lot at a major signalized intersection in growing Atlanta suburbs. Across from The Mall at Stonecrest. Adjacent big-box retailers include: Walmart, Sam’s Club, Target, DSW, Marshalls and more. Close to I-20. 79% NNN leased with excellent tenant mix. NOI $449K/yr. $5.99M. 7.50% cap.  Upside potential when fully leased.
5. Strip Center in Richland, TX: 13,805 SF strip center constructed in 2007 on 1 ac lot at a hard corner location in growing and high income Kennewick suburbs with an AHI of $93K/yr. Close to Columbia Center Mall. 92% leased. NOI $199K/yr. $2.85M. 7.01% cap.
6. Shopping Center in Keiser, OR: 74,800 SF well maintained shopping center on over 5 ac corner lot in Salem suburbs. 96% leased. NOI $792K/yr. $9.9M. 8% cap.
7. Retail Center in Hillsboro, OR: 29,391 SF well maintained retail center on 1.93 ac lot along Hwy-8 in Portland suburbs. 86% leased. NOI $220K/yr. $2.94M. 7.50% cap. Upside potential when fully leased.
8. Retail Building in Homewood, IL: 19,215 SF attractive retail center renovated in 2011 on nearly 2 ac lot shadow anchored by new Walmart Supercenter in Chicago suburbs. Across from 500,000 SF Power Center with Target, Home Depot and Menards. 100% leased to Buffalo Wild Wings and Dollar Tree. Close to I-80. NOI $259K/yr. $3.61M. 7.20% cap.
9. Regional Plaza in Chicago, IL: 111,660 SF shopping center renovated in 2006/2007 anchored by Pete’s Fresh Market. Other national tenants include: Planet Fitness, Fifth Third Bank, Domino’s Pizza and Sally Beauty. With five points of ingress/egress. Across from Walmart Neighborhood Market and close to Mt. Sinai Hospital. NNN leased. NOI $1.436M/yr. $20M. 7.18% cap.
10. Shopping Center in Milwaukee, WI: 35,327 SF well kept shopping center at a corner location. Near new Walmart. 87% leased to Southern Smoke, Pizza Hut, USPS, The Party Palace, Liberty Tax Service, Hair Salon, Mayfair Rent-A-Car, Aerial Company Inc., Bistro Cafe, Magic Nails, Carriage Cleaners, Goody Gourmet Popcorn and Payday Loan. NOI $311K/yr. $3.617M. 8.62% cap.

            (c) Transmercial

03-05: Good Times Burger & Frozen Custard, Dollar General, Liberty Dialysis, Retail Centers

1. Good Times Burger & Frozen Custard in Centennial, CO: 2100 SF brand new fast food restaurant on .89 ac lot along main retail corridor in fast growing and high income (AHI $99K/yr in 3 miles) Denver MSA. Near Centennial Medical Plaza, Arapahoe Crossings with AMC Theaters and Hwy-83. Brand new 20-yrs absolute NNN corp lease. NOI $93K/yr with 1% annual rent bumps. $1.562M. 6% cap.
2. Retail Center in Saint Charles, IL: 16,189 SF well maintained retail center at a signalized intersection in affluent Chicago suburbs with an AHI of $102K/yr in a 3 mile radius. Good tenant mix: Valley Lock, Chiropractor, Domino’s Pizza, Benefit Personal Training, Tax/Attorney, Cell Phone Repair and Keller Williams. NOI $110K/yr. $1M. 11% cap.
3. Retail Buildings in Brooklyn Park, MN: 34,400 SF consisting of three attractive buildings on over 3 ac corner lot in Minneapolis suburbs. 90% leased with good tenant mix including: Petco, Caribou Coffee, Chipotle, Jimmy John’s, Panda Express and Game Stop. Close to I-494. NOI $515K/yr. $7.365M. 7% cap.
4. Strip Center in Lincoln, CA: 9961 SF attractive strip center along main corridor in growing and upper middle class Sacramento suburbs. Across from Walmart Neighborhood Market. 90% leased to eight tenants. Actual NOI $91K/yr. $1.375M. 6.60% actual cap. Upside potential.
5. Office Building in Tustin, CA: 11,368 SF consisting of two attractive office buildings on .59 ac lot in upper middle class Orange County. Close to Western Medical Center and Hwy-55. 97% leased. $2.65M. NOI/Cap N/A.
6. Retail Center in Grover Beach, CA: 12,600 SF 12-units well maintained retail center in a coastal city in San Luis Obispo County. Tenants include: Community Health Center, Veterinarian and other wellness related tenants. NNN lease with only one vacancy. NOI $135K/yr. $1.85M. 7.30% cap.
7. Dollar General in Jacksonville, FL: 9014 SF Dollar General in a fast growing (127% pop growth since 2000) and high income (AHI $85K/yr) area. Next to Walgreens. 10-yrs absolute NNN lease. NOI $128K/yr. $2.054M. 6.25% cap.
8. Liberty Dialysis in Victoria, TX: 9000 SF Class-A dialysis center constructed in 2009 on over 1 ac lot close to 296-bed Citizens Medical Center. 100% absolute NNN lease with 8-yrs left to Liberty Dialysis, an affiliate of Fresenius Medical Care. NOI $220K/yr with 2% annual rent increases. $3.146M. 7% cap.

            (c) Transmercial 2015

03-04: Elite Care, Taco Bell, Rite Aid, Godfather's Pizza, Tutor Time

1. Retail Center in Madison, WI: 8614 SF attractive retail center on over 1 ac outparcel to Home Depot and Goodwill center in a growing upper middle class area. With good access to Hwy-14. 100% leased to Subway, Trail This and Wisconsin Indoor Cycling. NOI $85K/yr. $1.069M. 8% cap.
2. Elite Care in San Antonio, TX: 14,878 SF Class-A Elite Care 24 Hour Emergency Center built in 2013 on 2.28 ac corner lot in growing and high income area with an AHI of $85K/yr in 1 mile ring. 100% NNN corp lease with 12-yrs left. NOI $496K/yr. $7.09M. 7% cap.
3. Taco Bell in Las Vegas, NV: 1760 SF franchised fast food restaurant across from Food 4 Less. Near I-515. 100% absolute NNN lease with 4 yrs left to a strong operator with 65-units. NOI $165K/yr. $2.248M. 7.35% cap.
4. Office Building in Cottonwood Heights, UT: 12,798 SF Class-B multitenant office building constructed in 2000 on .86 ac lot in high income (AHI $86K/yr in 3 mile radius) in Salt Lake City suburbs. Close to I-215. 100% lease with good professional tenants mix. NOI $148K/yr. $2.05M. 7.25% cap.
5. Rite Aid in Turlock, CA: 29,860 SF well maintained Rite Aid Pharmacy on 2.59 ac lot along main corridor part of major shopping center with Factory Two U, 99 Cents Only, Goodwill and Big 5 Sporting Goods. 100% absolute NNN lease with over 10-yrs left. NOI $210K/yr. $3.5M. 6% cap.
6. Retail Center in Bell Gardens, CA: 10,000 SF L-shaped well kept retail center on .56 ac lot at a signalized corner location & in densely populated area with over 800,000 residents in a 5 mile radius. Across from Super A Foods. 100% leased to four tenants. NOI $142K/yr. $1.95M. 7.30% cap.
7. Retail Center in Plainville, CT: 22,862 SF well maintained retail center on nearly 2 ac lot at a signalized location in Hartford suburbs. 100% leased. NOI $146K/yr. $2.17M. 6.75% cap.
8. Godfather’s Pizza in Albuquerque, NM: 3883 SF retail building on .90 ac corner lot. New 10-yrs absolute NNN lease. NOI $93K/yr with 10% rent bumps every 5-yrs. $1.55M. 6% cap.
9. Tutor Time in Portage, MI: 10,000 SF single-tenant child care and educational center constructed in 1998 on 1 ac lot in growing Kalamazoo suburbs. Adjacent to The Crossroads Mall. 25-yrs NNN lease with 8-yrs left. NOI $183K/yr. $2.285M. 8.01% cap.

            (c) Transmercial 2015

03-03: Firestone Auto Care; IHOP Restaurant; Regional Center; Mixed-Use; Office Building

1. Shopping Center in Indianapolis, IN: 59,782 SF consisting of four buildings completed in 2003 on over 8 ac lot in growing middle-class area. Adjacent to Walmart Supercenter. Major tenants include: Rally’s Hamburgers, Sally Beauty, Buffalo Wild Wings, Deals (owned by Dollar Tree), GameStop, Papa Murphy’s Pizza and FedEx Kinko’s. 100% leased. NOI $704K/yr. $9.25M. 7.62% cap.
2. Retail Center in Cincinnati, OH: 30,511 SF attractive retail center built in 1994 on 6 ac outparcel to 915,956 SF Northgate Mall with Macy’s, DSW, Sears, Burlington Coat Factory, Marshalls, Michael’s, Ulta and HHGregg. With easy access to I-275. 100% NNN leased to Kabuto Japanese Restaurant, Sprint, Life Uniform and Tuesday Morning. NOI $235K/yr. $3.2M. 7.37% cap.
3. Shopping Center in Las Vegas, NV: 39,600 SF well kept shopping center on 3.58 ac lot along main retail artery & in densely populated area. Close to I-515. 94% leased. NOI $487K/yr. $6.97M. 7% cap.
4. Regional Center in Clovis, CA: 88,000 SF attractive shopping center on 7.59 ac lot at a signalized corner location. Across from Sunflower Marketplace with Walmart, Sally Beauty Supply, Goodwill, Walgreens and more. Between Sierra Vista Mall and Hwy-4. National tenant include: Big Lots, DD’s Discount, Hometown Buffet, Taco Bell, Long John Silver and A&W. 93% leased. NOI $847K/yr. $13M. 6.52% cap.
5. Mixed-use in Fair Oaks, CA: 17,000 SF Class-B office/retail building at a corner lot in high income (AHI $104K/yr in 1 mile) Sacramento suburbs. 85% leased. NOI $154K/yr. $2.2M. 7% cap.
6. Office Building in Murray, UT: 24,573 SF Class-B multitenant office building constructed in 1995 on 2.77 ac lot in growing Salt Lake City suburbs. Next to Murray Central Station and across from Intermountain Health Center. 100% NNN leased. Pro forma NOI $283K/yr. $4.056M. 7% cap.
7. Firestone in Fort Wayne, IN: 7740 SF Firestone auto center built in 2005 on 1.39 ac outparcel to Menards along Hwy-27. Adjacent to Walmart Supercenter. 100% NNN lease with 6-yrs left. NOI $150K/yr. $2.151M. 7% cap.
8. IHOP in Clearwater, FL: 4424 SF IHOP Restaurant on .52 ac lot on an off/on ramp of Hwy-19. Next to Super 8 Hotel and across from Walmart Supercenter. 100% NNN lease with 9-yrs left. NOI $82K/yr. $1.3M. 6.34% cap.

            (c) Transmercial 2015

03-02: Fitness Evolution; Zaxby's; AAA Auto; Wild Berries Restaurant

1. Shopping Center in Brownsville, TX: 56,204 SF shopping center built in 2002 on 5.85 ac lot in a fast growing area. Across from 75,000 SF H-E-B and adjacent to new 195,000 SF Walmart Supercenter. 100% NNN leased. NOI $749K/yr. $9.991M. 7.50% cap.
2. Fitness Evolution in Modesto, CA: 43,347 SF fitness center on 2.62 ac lot along major artery. 20-yrs absolute NNN corp lease. NOI $396K/yr with 1.25% annual rent increases. $5.657M. 7% cap.
3. MOB in Lancaster, CA: 10,646 SF Class-A single tenant medical office building completed in 2005 on over 1 ac lot in growing Los Angeles suburbs. Adjacent to 420-bed Antelope Valley Hospital and close to Hwy-14. New 10-yr NNN lease to High Desert Gastroenterology and Advanced Endoscopy and Pain Center. NOI $389K/yr with 3% annual rent bumps. $5.986M. 6.50% cap.
4. Zaxby’s in Jonesboro, GA: 3195 SF attractive franchised Zaxby’s Restaurant built in 2006 on .75 ac lot at a signalized corner location in fast growing Atlanta suburbs. Close to Southlake Pavilion Power Center with Costco, AMC Theaters, Burlington Coat Factory, T.J. Maxx and Barnes & Noble. Near Southlake Mall and I-75. 11-yrs absolute NNN lease. NOI $167K/yr. $2.391M. 7% cap.
5. Retail Center in Leigh, FL: 25,000 SF retail center built in 2006 on over 3 ac lot along major corridor in Cape Corral suburbs. 100% leased. NOI $467K/yr. $6.2M. 7.5% cap.
6. Strip Center in Matthews, NC: 13,888 SF strip center built in 2008 on 1.61 ac lot in high income (AHI $94K/yr) Charlotte suburbs. Next to I-485. 100% NNN leased. Pro forma NOI $224K/yr. $2.64M. 8.50% cap. 
7. MOB in Mathews, NC: 11,413 SF Class-B multitenant medical office building in high income Charlotte suburbs. Adjacent to Novant Health Mathews Medical Center. 100% leased. NOI $131K/yr. $1.649M. 8% cap.
8. AAA in Manteca, CA: 6492 SF Class-B single tenant office building constructed in 1990 in growing upper middle-class San Joaquin County. 100% NNN lease with 3-yrs left to AAA, a brand name tenant. Near Kaiser Permanente. NOI $102K/yr. $1.43M. 7.20% cap.
9. Retail Center in Orlando, FL: 20,160 SF well maintained thirteen units retail center built in 2008 along busy corridor. 100% NNN leased. NOI $156K/yr. $1.95M. 8% cap.
10. Wild Berries Restaurant in Normal, IL: 6230 SF Wild Berries Restaurant on over 1 ac outparcel to major Power Center in Bloomington suburbs. 100% NNN lease with 5-yrs left. NOI $148K/yr. $1.75M. 8.50% cap.

            (c) Transmercial 2015

Transmercial Most Commonly Used Acronyms

Welcome new investors.  Transmercial is the only company in the US that offers this list of best properties between $900K to $30M in 50 states.  These properties are selected from 300-400 daily listings on CBRE, M&M, SVN, and various other sources.   Each property has a brief description and a flyer (attached).  Previous lists are posted on Transmercial’s blog after 2 weeks delay. Please click here for selection criteria.  Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number.  Transmercial will guide you thru the whole acquisition process if needed.  It will track all the issues via the "Due Diligence Summary" report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

• AHI: Avg. Household Income.  National average is about $55+K/yr.
• NOI: Net Operating Income.  It’s the income after all expenses (prop taxes, ins., maintenance) paid.
• NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.
• NNN-: Triple net lease with landlord responsible for roof and structure.  Used by Transmercial only.

02-27: MOB; Taco Bell; Shopping Center; Office Buildings

1. Shopping Center in Rancho Cordova, CA: 36,595 SF well maintained consisting of three buildings including 1670 SF freestanding Wienerschnitzel on 3.52 ac lot in growing middle class Sacramento suburbs. 85% NNN leased. Actual NOI $271K/yr. $4.05M. 6.70% cap.
2. Shopping Center in San Bernardino, CA: 12,700 SF retail building and 7500 SF single-tenant restaurant constructed in 2005 on over 3 ac lot. Next to Costco and across from 130,421 SF Sam’s Club. Close to I-10. Some tenants include: Jimmy John' s Gourmet Sandwiches, Pick Up Stix, Shogun, OneMain Financial, Luau Maui Hawaiian BBQ, and others. 100% NNN leased. NOI $572K/yr. $9.45M. 6.06% cap.
3. MOB in Sacramento, CA: 13,615 SF Class-B single-tenant medical office building completed in 2007. With easy access to I-80. 100% leased to Sutter Medical Group. NOI $386K/yr. $5.95M. 6.50% cap.
4. Strip Center in Hurst, TX: 26,383 SF well maintained strip center on 3 ac lot in Fort Worth suburbs. Adjacent to Super Target. Close to Hwy-183/121. 86% leased. Actual NOI $99K/yr. $1.2M. 8.32% cap. Upside potential.
5. MOB in Tinley Park, IL, 15,500 SF Class-B multitenant medical office building on over 2 ac lot in upper middle class (AHI $83K/yr in 3 miles) Chicago suburbs. 48% leased to four tenants. Actual NOI $142K/yr. $2.5M. 5.7% actual cap. Vacant spaces are all built out for medical use. Upside potential. 
6. Taco Bell in Glendale, AZ: 1536 SF drive-thru fast food restaurant on .64 ac lot along busy corridor in Phoenix suburbs. 100% NNN lease with 4-yrs left to a strong franchisee with over 140 units. NOI $69K/yr. $963K. 7.25% cap.
7. Retail Center in Cottage Grove, MN: 15,607 SF attractive retail center on nearly 2 ac lot in upper middle class Minneapolis suburbs with an AHI of $86K/yr in a 5 mile ring. Across from Kohl’s and next to Hwy-10. 77% NNN leased. NOI $176K/yr. $2.2M. 8% cap.

            (c) Transmercial 2015

02-26: Rite Aid Pharmacy, Hereford Steakhouse, MOB, Office Building, Retail Center

1. Retail Center in Palmetto, FL: 9690 SF retail center built in 2007 on 1 ac lot in Tampa         suburbs. Shadow anchored by 215,000 SF Walmart Supercenter. With easy access to Hwy-41. 93% NNN leased to 5 tenants.  Current NOI $85K/yr. $1.1M. 7.82% actual cap. Upside potential when fully leased.
2. Strip Center in Mount Pleasant, MI: 16,000 SF strip center on over 1 ac corner lot. 1/2 block from Central Michigan University campus.  Close to McLaren-Central Michigan Hospital. 100% NNN leased to AutoZone, Book Shelf, Party Store and Sewing Store. NOI $133K/yr. $1.62M. 8.22% cap.
3. Retail Center in North Charleston, SC: 17,160 SF well maintained retail center on 1.39 ac lot. All units face busy corridor. 100% leased with national, regional and local tenants. NOI $135K/yr. $1.45M. 9.34% cap.
4. Rite Aid in Mechanicsville, VA: 11,288 SF well maintained Rite Aid Pharmacy built in 1998 on 1.49 ac lot along main artery in growing and high income Richmond suburbs with an AHI of $111K/yr. Tenant has been at this location since 1998. Outparcel to Food Lion shopping center. 20-yrs NNN lease with 8-yrs left. NOI $164K/yr. $2.273M. 7.25% cap.
5. Hereford House in Leawood, KS: 11,055 SF Steakhouse Restaurant on 1 ac outparcel to Town Center Plaza in high income Kansa City suburbs. Close to Menorah Medical Center. New 15-yrs absolute NNN lease.  NOI $254K/yr with annual rent increases. $3.512M. 7.25% cap.
6. Shopping Center in Lithonia, GA: 48,400 SF attractive retail center constructed in 2002/2003 on 4.34 ac lot anchored by HHGregg in fast growing Atlanta suburbs. Adjacent to The Mall at Stonecrest and close to I-20. 100% leased to 3 tenants: HHGregg Appliances, Direct Furniture, and Pro Fit Fitness & Rehab. NOI $368K/yr. $4.565M. 8.10% cap.
7. MOB in Walnut Creek, CA: 6938 SF Class-B multitenant medical office building on .49 ac lot in affluent (AHI $109K/yr) San Francisco metro. Across from 572-bed John Muir Medical Center. 100% leased. NOI $142K/yr. $2.3M. 6.18% cap.
8. Office Building in Smithtown, NY: 20,000 SF well maintained four-story office building in high income New York suburbs with an AHI of $120K/yr in 1 mile radius. 95% leased with good tenant mix. NOI $210K/yr. $3M. 7% cap.  

            (c) Transmercial 2015

02-25: Grocery Outlet, MOB, Kiddie Academy, Strip Centers

1. Strip Center in Plainfield, IL: 8101 SF attractive strip center built in 2006 in along major retail artery in growing (274% pop growth) and affluent Chicago suburbs with an AHI of $138K/yr in a 3-mile ring. Shadow anchored by Kohl’s and Party City. 100% NNN leased to Sherwin Williams, Edward Jones, Kumon and Cleaners. NOI $140K/yr. $1.915M. 7.35% cap.
2. Grocery Outlet in Escondido, CA: 19,033 SF well maintained Grocery Outlet on 1.49 ac lot on a commercial corridor in San Diego metro. Across from Walmart, Home Depot and Albertsons. Near Palomar Medical Center.  10-yrs NNN- corp lease with 9-yrs left to a regional tenant with 200+ locations and $1B in revenue.  NOI $267K/yr with a rent bump in 2018.  $4.452M. 6% cap.
3. Retail Center in Lexington, SC: 11,273 SF retail center constructed in 2008 on 1.22 ac lot in growing and high income (AHI $85K/yr) Columbia suburbs. 100% NNN leased. NOI $212K/yr. $2.6M. 8.16% cap.
4. MOB in Los Angeles, CA: 9440 SF Class-B multi tenant medical office building on .48 ac lot in a densely populated area. Across from Maravilla Light Rail Station. With easy access to I-710 and Hwy-60. 100% leased to nine long-term tenants. NOI $112K/yr. $1.88M. 6% cap.
5. Shopping Center in Fort Myers, FL: 65,688 SF shopping center built in 2004 on over 14 ac outparcel to high volume Super Target along Hwy-41. 100% leased to Petco, Cost Plus World Market, Dollar Tree and TigerDirect.com. 6.75% cap. NOI/Price N/A.
6. Office Building in Phoenix, AZ: 46,523 SF Class-B four-story office building on 1.61 ac lot at a signalized corner location. Adjacent to Los Ninos Hospital.  Close to Phoenix Childrens Hospital, Arizona Heart Hospital and Hwy-51. 86% leased to multiple tenants. $4.2M. NOI N/A.
7. Kiddie Academy in Carpentersville, IL: 9000 SF child care learning facility built in 2009 on over 1 ac lot in high income Chicago metro with an AHI of $100K/yr. Close to Spring Hill Mall. 100% NNN lease with 12-yrs left to a strong franchisee with over 130 units. NOI $184K/yr. $2.46M. 7.50% cap.

            (c) Transmercial 2015

02-24: Walgreens, Regional Center, Retail Plaza, Office Building, Shopping Centers

1. Shopping Center in Carrolton, TX: 83,697 SF shopping center on 7 ac lot at a hard corner location anchored by 20,068 SF Dollar Tree in high income (AHI $99K/yr in a mile ring) Dallas/Fort Worth suburbs Adjacent to Asian Super Market shopping center. 85% NNN leased. Actual NOI $601K/yr. $7.075M. 8.50% actual cap. Upside potential when fully leased.
2. Walgreens in Fort Worth, TX: 15,120 SF Walgreens Pharmacy on 1.60 ac lot at a hard corner location. Strong sales of over $6M per year. 100% NNN lease with 4-yrs left. NOI $296K/yr. $4.228M. 7% cap.
3. Retail Center in Fort Worth, TX: 17,322 SF attractive retail center built in 2006 on over 2 ac lot along busy corridor in a fast growing and high income area. Major tenants include: Goodwill, Convenience Store, GS Mobile, Little Caesars, Day Span, Check ‘n Go and Golden China Restaurant. Across from Walmart. 100% NNN leased. NOI $362K/yr. $4.999M. 7.25% cap.
4. Retail Center in Lithonia, GA: 17,540 SF retail center constructed in 2004 on 1.60 ac lot anchored by Anna’s Linens in fast growing Atlanta MSA. Across from 1,300,000 SF Stonecrest Mall with 120 stores. Close to I-20. 100% leased. NOI $230K/yr. $2.88M. 8% cap.
5. Retail Plaza in Littleton, CO: 53,587 SF well maintained shopping center on over 4 ac lot in a high income Denver suburbs with an AHI of $93K/yr. Across from Southwest Plaza Mall and Super Target. 91% NNN leased.  NOI $397K/yr. $5.19M. 7.65% cap.
6. Retail Center in Phoenix, AZ: 27,873 SF well kept retail center on 2 ac outparcel to Metro Center Mall. Close to Castles N Coasters entertainment park and I-17. 100% leased. NOI $341K/yr. $4.55M. 7.5% cap.
7. Regional Center in Las Vegas, NV: 71,000 SF attractive shopping center on 6.46 ac lot. Close to 960,000 SF Meadows Mall and University Medical Center. With easy access to Hwy-95. 97% leased. NOI $797K/yr. $10.9M. 7.32% cap.
8. Office Building in San Bernardino, CA: 17,112 SF attractive multitenant office building completed in 2007 in a growing area. Near I-215/10. 100% leased. NOI $170K/yr. $2.35M. (Below replacement cost). 7.25% cap.
9. Strip Center in Spokane, WA: 10,597 SF strip center on nearly 1 ac lot anchored by O’Reilly Auto Parts at a signalized corner location. 100% leased. NOI $186K/yr. $2.66M. 7% cap.
10. Retail Center in Kissimmee, FL; 11,575 SF retail center built in 1996 on 1.29 ac lot in growing Orlando suburbs. Adjacent to Publix Grocery Center and across from Ross Dress for Less. 100% NNN leased. NOI $132K/yr. $1.56M. 8.51% cap.

            (c) Transmercial 2015

02-23: Retail centers, Starbucks, Kmart, Tire Kingdom, VA clinic

1. Strip Center in Las Vegas, NV: 7769 SF strip center built in 2006 on 1.2 ac lot in fast growing & high income SE of Las Vegas (1300% since 2000!).  Next to CVS, Sonic, Jiffy Lube, and Carl's Jr.  100% leased to 6 tenants.  NOI $138K/yr. $2M. 6.91% cap.
2. Starbucks in San Angelo, TX: 1527 SF Starbucks built in 2003 on .3 ac corner lot.  Starbucks recently spent $300K to renovate the building and renew lease for 10 more yrs.  NOI $69K/yr. $1.155M. 6% cap.
3. Kmart in Arvada, CO: 105,000 SF retail center consists of Kmart and Goodtimes Burger on a major artery in Denver metro.  100% leased with 8 yrs left.  NOI $458K/yr. $5.9M. 7.77% cap.
4. Tire Kingdom in Tampa, FL: 5900 SF auto service center on .64 ac lot on a major artery.  100% corp lease with 4 yrs left to TBC Retail Group with 1400 locations. Tenant haw been here since 1984.  NOI $91K/yr. $1.31M. 7% cap.
5. Shopping Center in Schenectady, NY: 59,919 SF shopping center on 6.12 ac lot in Albany metro. Anchored by 15,939 SF Aldi grocery, a discount supermarket chain with 9000 locations in 18 countries.  Other tenants include Dominos, Hertz, Autoparts Int'l, CDTA, Emptees Recycling, Sung Feng Chinese Restaurant.  NOI $202K/yr. $2.25M. 9% cap.
6. VA Outpatient Center in Denton, TX: 9519 SF medical office building on 1 ac lot in a city North of Dallas.  100% leased to U.S. Department of Veteran Affairs with 5 yrs left.  NOI $175K/yr. $2.338M. 7.5% cap.

(c) Transmercial 2015

02-20: Retail centers, Office Building, Meineke

1. Shopping Center in Bradenton, FL: 12,569 SF shopping center built in 2004 on 1.44 ac lot in high income (AHI of $83K/yr) Tampa suburbs.  Excellent visibility with all units facing SR70.  100% NNN leased to 6 good tenants: AAA Auto, UPS Store, Supercuts, Subway, Nail Salon, and Michelangelo Pizza.  NOI $226K/yr.  $3.25M. 6.9% cap.
2. Shopping Center in Bradenton, FL: 11,000 SF retail center built in 2002 on 1.67 ac corner lot in high income (AHI $96K/yr) Tampa suburbs.  100% NNN leased to 7 tenants.  NOI $216K/yr.  $3.1M. 6.9% cap.
3. Shopping Center in Heron Creek, FL: 15,600 SF strip center built in 2006 on 1.6 ac lot in Fort Myers.  Shadow anchored by Walgreens. 92% NNN leased to 6 tenants including: Beef O' Bradys,  Great Clips, Cocoberry Frozen Yogurt, State Farm, Animal Hospital, Liquor Store.  NOI $227K/yr. $3.15M. 7.2% cap.
4. Office Building in Bridgeport, CT:  21,000 SF 3-story office building on .48 ac lot.  100% leased to 2 tenants: day care center and a nursing school.  NOI $105K/yr. $1.25M. 8.77% cap.
5. Meineke Auto Center in Henderson, NV: 4200 SF auto service center with 9 service bay and a cash wash bay built in 2005 on .59 ac lot in high income (AHI of $87K/yr) Las Vegas metro.  100% leased to a franchisee since 2005 with 9 yrs left.  NOI $123K/yr with rent bumps.  $1.545M. 8% cap.
6. Retail Center in Fredericksburg, VA:  20,000 SF retail center on 2.5 ac lot as part of a 75-shop power center anchored by Target, Marshalls, Cost Plus World Market, Staples, Dick's Sporting Goods, Joanne Fabrics, Kohls, and Petsmart.  Easy access to I-95.  100% NNN leased.  NOI $478K/yr. $6.495M. 7.36% cap.

           

            (c) Transmercial 2015

02-19: Salvation Army, Burger King, Bank, Shopping Centers

1. Shopping Center in Jacksonville, FL: 96,127 SF well maintained shopping center anchored by 51,559 SF Winn-Dixie Grocery. All units face main retail artery. Close to Memorial Hospital and I-95. 86% NNN leased with good tenant mix. Actual NOI $462K/yr. $5.535M. 8.35% actual cap. Just $58/SF! Upside potential.
2. Neighborhood Center in Amarillo, TX: 167,600 SF attractive shopping center built in 2008 on over 16 acres of land along I-40. Anchored by four notable tenants: Burlington Coat Factory, Mardel, Michaels and Petco. 97% NN leased. NOI $1.555M/yr. $19.43M. 8% cap. Buyer to assume $16.2M loan at 5.14% interest.
3. Salvation Army in Milwaukee, WI: 16,709 SF attractive retail building on 1.55 ac lot at a signalized intersection. Adjacent to Menards Grocery, Target and Dollar Tree. New 10-yrs NNN lease with 9-yrs left. NOI $128K/yr with rent increases every 5 yrs. $1.84M. 7% cap.
4. Burger King in Colorado Springs, CO: 2621 SF drive-thru fast food restaurant on .85 ac lot along major arty and at a prime corner location. 100% NNN lease to a strong operator with 27 units. NOI $120K/yr. $2M. 6% cap.
5. Shopping Center in Palmdale, CA: 43,410 SF well maintained shopping center on over 4 ac corner lot in growing and upper middle class Southern California. Across from Palmdale Regional Medical Center and close to Hwy-14.  97% NNN leased.  NOI $588K/yr. $8.75M. 6.73% cap.
6. Retail Building in Collierville, TN: 6650 SF retail building constructed in 2006 on .79 ac lot in affluent Memphis suburbs with an AHI of $131K/yr in a 3-mile ring. Across from Kohl’s, HomeGoods, Stein Mart and Kroger. 100% NNN leased to two tenants. NOI $116K/yr. $1.325M. 8.82% cap.
7. Clifton Savings Bank in Fail Lawn, NJ: 6200 SF drive-thru bank on .63 ac lot at a signalized intersection in high income New York suburbs. Close to Garden State Plaza. 100% NNN lease with over 4-yrs left. NOI $96K/yr. $1.6M. 6% cap.
8. Retail Center in Dallas, TX: 31,424 SF retail center on nearly 3 ac lot with excellent visibility along I-635. 92% NNN leased with good tenant mix. Actual NOI $326K/yr. $4.3M. 6% actual cap. Upside potential.
9. Shopping Center in Cape Coral, FL: 46,745 SF attractive shopping center completed in 2010 on 3.6 ac lot along major retail artery.  Major tenant s include: Metro PCS, State Farm, Sears Home Center, Zoom Tan, Anytime Fitness and many well established local tenants. Near Publix Super Market and Lowe’s. 89% leased. Actual NOI $521K/yr. $7.299M. 7% cap. Upside potential when fully leased.

            (c) Transmercial 2015

02-18: Family Dollar, Medical Condo, MOB, Retail Centers, Shopping Centers

1. Retail Building in Parma, OH: 46,700 SF Toys/Babies "R" Us and 1620 SF Mr. Hero on 4.71 ac lot in Cleveland suburbs. Adjacent to Giant Eagle Grocery and Target. Across from Walmart and The Shoppes at Parma Redevelopment. Close to Parma Medical Center. 100% NNN leased. NOI $316K/yr. $4.085M. 7.75% cap.
2. Retail Center in South Milwaukee, WI: 27,483 SF retail center built in 2007 on 7.84 ac lot along busy corridor. Adjacent to Pick ‘n Save Center. 100% NNN leased to Aldi Food Store, Dollar Tree and Little Caesars. NOI $323K/yr. $4.62M. 7% cap.
3. Family Dollar in Tucson, AZ: 8320 SF Family Dollar constructed in 2013 on nearly 1 ac lot in a fast growing middle class area. 10-yrs NNN- corp lease with 9-yrs left. NOI $114K/yr. $1.704M. 6.7% cap.
4. Taco Bell in Las Vegas, NV: 1760 SF attractive drive-thru fast food restaurant along busy corridor. Across from Food 4 Less. 100% absolute NNN lease with 4-yrs left to a strong franchisee with 65-units. NOI $165K/yr. $2.248M. 7.36% cap.
5. Retail Center in Mansfield, TX: 17,311 SF recently constructed retail center on 2.83 ac lot in fast growing and high income (AHI $96K/yr in 1 mile) Dallas/Fort Worth suburbs. With easy access to Hwy-287. 91% NNN leased. Actual NOI $242K/yr. $3.405M. 7.12% cap.
6. Shopping Center in Chandler, AZ: 55,194 SF well maintained shopping center on 4.62 ac lot at a hard corner location. Across from Home Depot, Safeway and Staples. Close to Chandler Regional Medical Center. 81% leased with good tenant mix including: Anytime Fitness, Filiberto’s, Sweeties Candy, 360 Physical Therapy, Novacur Pin Center and EVDI Medical Imaging among others. 7% cap. NOI/Price N/A.
7. Medical Office Condo in Chino Hills, CA: 3551 SF single-tenant  medical office condo constructed in 2009 on 1.80 ac lot in growing and prosperous San Bernardino County with an AHI of $125K/yr in 1 mile radius. Next to Albertsons and near Hwy-71. 10-yr NNN lease with 5-yrs left to a Yelp highly-rated medical tenant. NOI $86K/yr. $1.275M. 6.75% cap.
8. Shopping Center in Saginaw, TX: 21,290 SF inline shopping center built in 2002 in fast growing and high income Fort Worth suburbs. Shadow anchored by Albertson’s and across from Walmart Supercenter. Good tenant mix: Fossil Ranch Dental, Fossil Creek Liquor, Sunshine Herbs Health Store, T-Mobile and Check ‘n Go. 82% NNN leased. 7.50% cap. NOI/Price Not Disclosed.
9. Retail Center in Kendall Park, NJ: 11,111 SF well maintained retail center built in 2005 at a signalized corner location in affluent (AHI $103K/yr) New York MSA. NNN leased to multiple tenants. NOI $245K/yr. $3.5M. 7% cap.
10. MOB in Fountain Valley, CA: 33,070 SF multitenant medical office building on 3 ac lot in densely populated and high income (AHI $91K/yr) Southern California. Across from 413-bed Fountain Valley Regional Hospital. 100% leased. NOI $600K/yr. $10M. 6% cap.

            (c) Transmercial 2015

02-17: MOB, Zaxby's, Kroger, Retail Centers

1. Shopping Center in Roswell, GA: 74,790 SF neighborhood center on 7.76 ac lot at a hard corner location in growing and high income (AHI $114K/yr in 5 mile ring) Atlanta suburbs. Renovated in 2004. Across from Power Center with Hobby Lobby, Big Lots, Dollar Tree and more. National tenants include: Auto Zone, Leslie’s Pool Supply, CiCi’s Pizza and Stoney River Legendary Steak. 98% NNN leased. Actual NOI $878K/yr. $10.985M. 8% cap.
2. MOB in Phoenix, AZ: 31,600 SF two story medical office building along busy corridor and close to I-17. 78% leased by 15 medical & professional tenants. NOI $387K/yr. $5.16M. 7.51% cap.
3. Zaxby’s in College Park, GA: 3311 SF franchised casual restaurant built in 2006 on over 1 ac outparcel to Walmart in fast growing Atlanta suburbs. Across from Kroger grocer center and close to Hwy-279. This is as sale/leaseback investment. New12-yrs absolute NNN lease to a strong franchisee. NOI $161K/yr with a 5% rent increase in yr 6. $2.308M. 7% cap.
4. Neighborhood Center in Oklahoma City, OK: 102,757 SF well maintained shopping center constructed in 1994 on over 8 ac lot along major retail corridor. Next to 103,000 SF Walmart Neighborhood Market. Between Shepherd Mall and Oklahoma City University. 94% leased. NOI $782K/yr. $10M. 7.82% cap.
5. Shopping Center in Tampa, FL: 45,353 SF well kept shopping center on nearly 6 ac corner lot in a high income area with an AHI of $87K/yr in mile. Adjacent anchored tenant include: Lowe’s, The Fresh Market, Bed Bath and Beyond, Petco, Publix, Stain Mart and Tuesday Morning. 100% leased to nineteen tenants. NOI $1.062M/yr. $14.5M. 7.33% cap.
6. Strip Center in Mankato, MN: 7502 SF attractive strip center built in 1996 on 1.18 ac outlot to Hy-Vee grocery.  Across from 814,000 SF River Hills Mall with 95 stores. Close to Hwy-60. NNN leased. NOI $141K/yr. $1.942M. 7.30% cap.
7. Kroger in Hendersonville, TN: 58,890 SF well performing Kroger grocery with fuel station on 5.26 ac lot in a growing and high income Nashville suburbs. Tenant has been at this location for over 30-yrs. Tenant pays very low rent. 100% absolute NNN corp lease with 7-yrs left. NOI $309K/yr. $4.718M. 6.55% cap.
8. Retail Center in Rialto, CA: 25,352 SF well maintained retail center on 1.78 ac lot along main corridor in San Bernardino County. 100% NNN leased. NOI $270K/yr. $4.156M. 6.5% cap.

            (c) Transmercial 2015

02-16: Rib Crib, Rite Aid, MOB, Mixed-Use, Retail Centers

1. MOB in Elmhurst, IL: 6780 SF well maintained medical office building constructed in 1998 on .40 ac lot in affluent Chicago suburbs with an AHI of $119K/yr in 1 mile. New 10-yrs NNN- corp lease with over 9-yrs left to Elmhurst Memorial Healthcare, one of the largest integrated health systems with 50 locations. NOI $132K/yr with 2.5% annual rent bumps after 2^nd yr. $2.035M. 6.5% cap.
2. Retail Center in West Palm Beach, FL: 12,460 SF well maintained retail center on .52 ac lot along main corridor. 100% leased to Vapor and Tobacco Shop, Tattoo Parlor and Bedding Store. NOI $107K/yr. $1.599M. 6.70% cap.
3. Mixed-use in Cincinnati, OH: 25,600 SF Class-A office/retail building constructed in 2006 on 3.56 ac lot in growing and upper middle class area with an AHI of $80K/yr in 3 miles. Excellent tenant mix: medical, office and retail. Close to I-74/275. 86% NNN leased seven tenants. Actual NOI $295K/yr. $3.4M. 8.70% cap. 
4. Retail Center in Austin, TX: 11,154 SF well maintained retail center on .87 ac lot in a growing area. Close to Northcross Mall. 100% leased with mostly long-term tenants. NOI $157K/yr. $2.25M. 7% cap.
5. Retail Center in Cumming, GA: 13,500 SF attractive retail center built in 2008 on 1.70 ac lot in booming (1,078% pop growth since 2000) and affluent (AHI $135K/yr in 1 mile) Atlanta suburbs. 76% leased. NOI $150K/yr. $1.795M. 8.36% cap.
6. Strip Center in Littleton, CO: 10,000 SF strip center constructed in 2004 on 1.40 ac lot along busy retail corridor in affluent (AHI $108K/yr) Denver suburbs. On an off/on ramp to Hwy-470. 100% NNN leased to five tenants. NOI $208K/yr. $3.05M. 6.85% cap.
7. Rib Crib in Norman, OK: 4480 SF Rib Crib Restaurant built in 2001 on 1 ac outlot to Regal Cinemas in upper middle-class area. Across from University Town Center anchored by T.J. Maxx ant Target. Close to Sooner Mall and with easy access to I-35. 15-yrs absolute NNN lease with 6-yrs left. NOI $123K/yr with 5% rent bumps every 5-yrs. $1.595M. 7.75% cap.
8. Rite Aid in Greenville, SC: 13,813 SF well maintained Rite Aid Pharmacy on 2 ac lot in growing and high income (AHI $80K/yr) area. Across from Walmart, Kohl’s and Sam’s Club. Near I-385. 20-yrs absolute NNN lease with 8+-yrs left. NOI $326K/yr. $4.84M. 6.75% cap.
9. MOB in El Paso, TX: 52,000 SF multi-tenant 4-story medical office building completed in 1995 on  1.11 ac lot across from Del Sol Hospital. Frontage on I-10. NNN leased to multiple tenants. NOI $679K/yr. $8M. 8.49% cap.
10. Shopping Center in Hesperia, CA: 29,962 SF attractive shopping center built in 2007 on 3.21 ac lot along main corridor in fast growing San Bernardino County.  Major tenants include: 99 Cents Store, US Bank, Taco Bell and AT&T. 98% NNN leased. 6.74% cap. NOI & price N/A.

            (c) Transmercial 2015