11-27: El Pollo Loco, Zaxby's, O'Reilly Auto Parts, Office Building

1. El Pollo Loco in San Jose, CA: 2241 SF free-standing  El Pollo Loco restaurant built in 1988 on .51 ac corner lot at a major retail corridor. Close to Santa Clara Valley Medical Center, Santa Row upscale Shopping Center and Westfield Valley Fair. Tenant has been at this location since 1987. 100% NNN ground lease (land is for sale) with 3 yrs left. NOI $83K/yr. $1.65M. 5.10% cap.
2. Zaxby’s in Snellville, GA: 3279 SF Zaxby’s restaurant built in 2003 on nearly 1 ac lot along Hwy-10 in fast growing Atlanta metro. 10 yrs absolute NNN corp lease with 7 yrs left. NOI $131K/yr with 3% annual rent increases. $1.64M. 8% cap.
3. Retail Center in Whittier, CA: 18,566 SF attractive retail center on 1.40 ac lot in densely-populated city in Los Angeles. Close to Quad Power Center. 75% leased. NOI $150K/yr. $2.495M. 6% cap.
4. O’Reilly Auto in Fresno, CA: 4995 SF well maintained auto parts store on .36 ac lot at a signalized corner location. 100% NNN leased with 6 yrs left. NOI $60K/yr. $800K. 7.50% cap.
5. Retail Center in Yuba City, CA: 16,000 SF retail center built in 2005 on 1.24 ac lot about 30 minutes North of Sacramento. Across from Yuba Sutter Mall. 92% leased with only 1 vacant unit. Proforma NOI $296K/yr. $4.25M. 7% pro forma cap.
6. Retail Buildings in Louisville, CO: 29,414 SF consisting of three high quality construction retail buildings constructed in 2000 on 2.84 ac lot in affluent Denver suburbs (AHI $130K/yr in 1 mile).Credit tenants include: Premier Members Federal Credit Union, State Farm and H&R. 88% NNN leased to 12 tenants with only two small vacant units. NOI $313K/yr. $3.795M. 8.25% cap. Just $129/SF!
7. Strip Center in Huntersville, NC: 10,000 SF strip center built in 2008 in high income Charlotte suburbs. Shadow anchored by BI-LO supermarket. Across from Presbyterian Hospital and near I-77. 88% NNN leased. NOI $120K/yr. $1.463M. 9.14% cap. Upside potential when fully leased.
8. Retail Center in Greenville, SC: 11,441 SF well maintained retail center at main retail corridor. 72% NNN leased to established tenants. NOI $91K/yr. $1.386M. 9% cap. Upside potential.
9. Strip Center in Chicago, IL: 5500 SF newly constructed strip center in densely populated area with over 1,000,000 residents within 5 mile radius. 100% NNN leased. NOI $114K/yr. $1.3M. 8.80% cap.
10. Office Building in Pasadena, CA: 26,354 SF two story office building on 1.37 ac lot in densely populated & well-off (AHI $95K/yr in 3 miles) Los Angeles metro. 100% leased to multiple tenants. NOI $267K/yr. $3.85M. 6.95% cap.

© Transmercial 2012

11-26: Advance Auto Parts, O'Reilly Auto Parts, CVS, Walgreen's, MOB, Inline Center

1. Advance Auto Parts(S&P BBB-) in Des Moines, IA: 7,000 SF Advance Auto Parts retail building constructed in 2006 on 1.44 ac lot at a busy corridor. 15 yrs NNN- corp lease with 8+ yrs left. NOI $117K/yr with a 10% rent bump in 2017. $1.561M. 7.50% cap.
2. Shopping Center in Houston, TX: 79,270 SF well maintained matured  shopping center on 8 acres of land anchored by a 30,891 SF Fiesta Mart grocery; a regional tenant with 62 locations, Family Dollar and free-standing Chase Bank. Next toI-45. 100% NNN leased. NOI $716K/yr. $8.95M. 8% cap.
3. Inline Center in Eustis, FL: 15,100 SF attractive inline center on 1.55 ac lot in Orlando suburbs. Across from Publix anchored center.  Shadow anchored by Kohl’s and anchored by Dollar Tree. 100% leased to 3 tenants. NOI $200K/yr. $2.505M. 8% cap.
4. Retail Center in Fort Worth, TX: 7,900 SF retail center built in 2011 on 1.56 ac lot at a signalized intersection anchored by 7-Eleven in fast growing and affluent neighborhood with AHI of $120K/yr in 1 mile. Tenants include: 7-Eleven, Premium Title Lending, PC69, Bella Cleaners and Liberty Tax. 100% NNN leased. NOI $189K/yr. $2.524M. 7.50% cap.
5. MOB in Florence, KY: 17,706 SF well kept medical office building renovated in 2007 in Cincinnati suburbs. Tenants include:. 100% NNNN leased to 4 medical tenants including Fresenius Medical Care (52+% of the building), Terry V Gruelle, DDS, Kidney Disease Consultants and Richard K Mullins DMD . NOI $275K/yr. $3.443M. 8% cap.
6. O’Reilly Auto Parts in Chico, CA: 8000 SF well maintained auto parts retail building on .72 ac lot in a growing city in Northern CA. Close to North Valley Plaza Mall and Hwy-99.  100% absolute NNN lease with 5 yrs left. NOI $152K/yr. $2.252M. 6.75% cap.
7. CVS in Tuscaloosa, AL: 10,055 SF drive-thru CVS drug store built in 2001 on 1.53 ac lot at a busy corner location in growing (59.92%) and well-off (AHI $100K/yr) town . 100% NNN-lease with 9 yrs left. NOI $170K/yr with unusual 5% rent bumps every 5 yrs. $2.44M. 7% cap.
8. Walgreen’s in Aurora, CO: 14,490 SF drug store built in 2003 on 2+ ac corner lot in high income Denver suburbs. 100% NNN corp lease with 15 yrs left. NOI $368K/yr. $5.257M. 7% cap.
9. Shopping Center in Surprise, AZ: 27,205 SF shopping center built in 2004 on 3.32 acres of land in growing Phoenix suburbs. Shadow anchored by Kohl’s and across from Walmart, Home Depot and Target anchored power centers. 100% NNN leased. NOI $492K/yr. $5.797M. 8.50% cap.

© Transmercial 2012

11-21: Golden Corral, Taco Bell & Pizza Hut, Applebbe's, MOB, Professional Plaza, Retail Centers

1. Neighborhood Center in Fresno, CA: 51,023 SF shopping center on 5.63 ac outparcel to WinCo Foods at a hard corner location and across from Walmart. Close to 49-bed Raintree Convalescent Hospital nursing home. 90% NNN leased to CVS, Panda Express  and a multi-tenant center. NOI $1.046M/yr. $13.5M. 7.75% cap.
2. Retail Center in San Leandro, CA: 21,705 stable eight units retail center on 1.54 ac lot at a signalized corner location close to I-880/238 in Northern CA. 100% leased. NOI $209K/yr. $2.55M. 8.20% cap.
3. Golden Corral in Dallas, TX: 8448 SF Golden Corral Buffet Restaurant built in 1997 on 1.50 ac lot in high income area with an AHI of $86K/yr within 3 miles. Close to 202-bed Dallas Medical Center and I-635. New 15 yrs absolute NNN lease to the largest Golden Corral franchisee with 200+ units. NOI $240K/yr with 10% rent bumps every 5 yrs. $3M. 8% cap.
4. Taco Bell & Pizza Hut in Dallas, TX: 1949 SF dual-branded fast food restaurant built in 1995 on .75 ac lot at main retail corridor between I-35E and Hwy-12. 15 yrs absolute NNN lease to 2^nd largest franchisee with 230+ units with 14 yrs left. NOI $67K/yr with 1% annual rent increases. $1.118M. 6.25% cap.
5. Professional Plaza in Tucson, AZ: 26,258 SF Class B professional plaza anchored by Immune Recovery and Wellness & AZ Naturopathic Physicians. Across from Tucson medical Center.  87% leased to 14 tenants. Proforma NOI $233K/yr. $2.6M. 9% cap.
6. Applebee’s in Fargo, ND: 6954 SF Applebee’s restaurant built in 2008 on 1.52 ac lot close to West Ares Shopping Center and I-94. New 20 yrs absolute NNN lease to a strong and experienced franchisee. NOI $192K/yr with 7.5% rent bumps every 5 yrs. $2.648M. 7.25% cap.
7. Applebee’s in Fargo, ND: 5396 SF single-tenant family restaurant built in 1994 at major retail corridor. In close proximity to West Acres Shopping Center and I-29. NOI $132K/yr with 7.5% rent bumps every 5 yrs. $1.82M. 7.25% cap.
8. MOB in Florence, KY: 17,527 SF 2-story Class B medical office building constructed in 2007 in Cincinnati suburbs. Anchored by Fresenius Dialysis Center. 100% NNN leased. NOI $275K/yr. $3.443M. 8% cap.

© Transmercial 2012

11-20: Golden Corral, Ruby Tuesday, KFC and A&W, Community Health Systems

1. Retail Center in Eau Claire, WI: 15,183 SF attractive retail center built in 2003 on 2+ ac outparcel to Festival Foods grocery. Close to Oakwood Mall and Hwy-93/53. Tenants include: Famous Dave's, Northwestern Bank, Little Caesars, Clearwater Chiropractic, Scottrade Inc., and Weight Watchers. 100% NNN leased. NOI $231K/yr. $3M. 7.71% Cap.
2. Golden Corral in Dallas, TX: 9966 SF Golden Corral Buffet Restaurant built in 2000 on 1.53 ac lot adjacent to Southwest Center Mall, a 1.4M SF mall anchored by Macy’s, Sears and Burlington Coat Factory. Close to Methodist Charlton Medical Center, Hwy-67 and I-20. New 15 yrs absolute NNN lease to the largest Golden Corral franchisee with 200+ units. This is as sale leaseback investment. NOI $225K/yr with 10% rent bumps every 5 yrs. $2.813M. 8% cap.
3. Ruby Tuesday in Mason, OH: 5097 SF high performing Ruby Tuesday Restaurant built in 2002 on 1.28 ac lot in affluent (AHI $113K/yr) Cincinnati metro. Less than 1 mile from King Island, the largest amusement/water park in the Mid-West with 3M visitors annually. Close to I-71. New 15 yrs absolute NNN corp lease. This is a sale & leaseback investment. NOI $140K/yr with 2% annual rent increases. $2.247M. 6.25% cap.
4. KFC and A&W in Lawrenceville, GA: 2920 SF dual-branded KFC and A&W fast food restaurant built in 2004 on 1 ac lot in fast growing and high income Atlanta suburbs. Close to Gwinnett Technical College and Gwinnett Medical Center. New 20 yrs absolute NNN lease to strong franchisee with 171 units. NOI $52K/yr with 10% rent bumps every 5 yrs. $808K. 6.50% cap.
5. Retail Center in Omaha, NE: 11,250 SF retail center on .8 ac corner lot across from Bag N Save grocery center.  100% NNN leased to 7 tenants.  NOI $102K/yr. $1.247M. 8.25% cap.
6. Strip Center in North Miami Beach, FL: 9047 SF stable strip center on .50 ac corner lot. Next to from Mall at 163^rd Street, Home Depot and Walmart Supercenter. Tenants include: Doctor, Lawyer, Tax Office, Salon, Cafeteria and Market. 100% leased to long term tenants. NOI $115K/yr. $1.65M. 7% cap.
7. Community Health Systems in Riverside, CA: 10,000 SF 14-bed health center completely renovated in 20012 on 1+ ac lot  in densely populated area. 15 yrs NNN lease. 7.50% cap. Price/NOI not disclosed.

© Transmercial 2012

11-19: Fresenius, Applebee's, Walgreens, Del Taco, Boston's Pizza

1. Medical Center in Miami, FL: 18,026 three single-story medical office buildings on 1.63 ac lot at a signalized intersection. Across from 650-bed Baptist Hospital of Miami. 100% NNN leased to medical tenants. NOI $408K/yr. $5.45M. 7.50% cap.
2. Fresenius in Memphis, TN: 14,924 SF dialysis center at a hard corner location. Next to Walgreens. Tenant has occupied facility since 1997. 100% NNN- lease with 9+ yrs left. NOI $157K/yr with 2% annual rent increases. $2.245M.7% cap.
3. Applebee’s in Jonesboro, GA: 5512 SF sit-down family restaurant renovated in 2011 on 1.65 ac lot at major corridor in Atlanta metro. Close to Southern Regional Medical Center, Southlake Mall and I-75. 100% absolute NNN lease with 19 yrs left to a strong operator. NOI $218K/yr with 1% annual rent increases. $2.91M. 7.50% cap.
4. Retail Center in Henderson, NV: 20,326 SF attractive retail center built in 2007 on 2.57 ac lot in upper middle class Las Vegas metro. Close to Valley Automall, home to 15 major dealerships, Galleria at Sunset Mall and I-515. 66% NNN leased to 9 tenants. NOI $207K/yr. $2.595M. 8% cap. Upside potential when fully leased.
5. Walgreens in Las Vegas, NV: 15,120 SF Walgreens built in 2001 on over 2 ac lot in densely populated area. 100% NNN-  corp lease with 7+ yrs left. NOI $322K/yr. $4.129M. 7.80% cap.
6. Del Taco in Pantego, TX: brand new 2,436 SF Del Taco restaurant on .44 ac corner lot in fast growing Dallas Fort-Worth metro. 15 yr absolute NNN lease to strong franchisee with 350 units. This is as sale & leaseback investment.  NOI $120K/yr. $1.714M. 7% cap.
7. Retail Center in North Miami Beach, FL: 22,850 SF recently renovated retail center on 1.33 ac lot at major retail corridor. Across from Mall at 163^rd Street, Home Depot and Walmart Supercenter. 92% leased. NOI $289K/yr. $3.95M. 7.33% cap.
8. Boston’s Pizza in Fort Worth, TX: 7067 SF built-to-suit  Boston’s Pizza restaurant constructed in 2006 on 1.54 ac lot in growing (143.97% pop growth since 2000) and high income (AHI $91K/yr in 3 miles)neighborhood.  Next to I-35W.  20 yrs absolute NNN ground lease (land is for sale) with 15 yrs left to strong franchisee. NOI $88K/yr with rent bumps every 5 yrs. $1.61M. 5.50% cap.
9. Retail Center in Thornton, CO: 16,187 SF in-line retail center at a high traffic location in Denver metro. 92% leased to Physicians and medical related services. NOI $323K/yr. $3.7M. 8.70% cap.

© Transmercial 2012