02-24: Burger King, Mix-used Center, Office Building, MOB

1. MOB in San Bernardino, CA: 3472 SF Class-B medical office building in growing Southern California. Close to Hospitals and I-10. 100% leased to established tenant. NOI $60K/yr. $850K. 5.46% cap.
2. Burger King in Victorville, CA: 3684 SF drive-thru fast food restaurant remodeled in 2003 on .52 ac lot along major retail artery. Across from Costco. 17-yrs NNN lease with over 6-yrs left. NOI $108K/yr with a rent bump in 2016.  $1.815M. 6% cap.
3. Office Building in Lexington, KY: 10,000 SF Class-A office building completed in 2005 on .68 ac lot in growing high income area. Adjacent to Hamburg Pavilion-Hamburg Village, a Power Center and I-75. 100% leased. NOI $132K/yr. $1.655M. 8% cap.
4. Medical Office Park in Indianapolis, IN: 32,628 SF Class-B consisting of two well maintained medical buildings. Adjacent to Community Hospital and near Greenwood Park Mall. 77% leased to multiple tenants. $3M. NOI/Cap N/A.
5. Retail Center in Lake Zurich, IL: 9029 SF 4,969 SF retail centers constructed in 2009 at busy retail corridor in fast growing & prosperous (AHI $143K/yr in 3 mile) Chicago suburbs.100% leased to Starbucks Coffee (on a separate free-standing building), SportClips, Couture 360 and Children’s Dentistry Group. NOI $213K/yr. Price N/A.
6. Mix-used Center in Edgewater, MD: 9896 SF well maintained retail/office center on 1 ac lot  in high income Washington metro. 100% leased. NI $179/yr. $2.3M. 7.80% cap.
7. Office Building in Hurst, TX: 10,200 SF Class-B medical office building on 1+ ac lot along Hwy-26. In growing and high income Dallas - Fort Worth suburbs with an AHI of $122K/yr in 1 mile. 70% leased. NOI $150K/yr. $2M. 7.50% cap.

            (c) Transmercial 2014

02-21: Starbucks, Staples, MOB, Retail Center

1. Starbucks Coffee in Edinburg, TX: 2004 SF brand new Starbucks Coffee on .79 ac lot in fast growing McAllen suburbs. Adjacent to Power Center with JCPenney, Petco, TJ-Max, Burlington Coat Factory, Big Lots and Ross Dress for Less. On an off/on ramp of Hwy-281. New 10-yrs NNN corp lease. NOI $89K/yr with a 10% rent bump in year 6. $1.557M. 5.75% cap.
2. Neighborhood Center in Elk Grove, CA: 43,762 SF attractive shopping center built in 2002 on 4 ac lot anchored by Rite Aid in growing and high income Sacramento suburbs. Shadow-anchored by Nugget Market and across from Kohl’s, Trader Joe’s, HomeGoods and Cost Plus. 98% leased with mostly national credit or strong regional tenants. NOI $1.11M/yr. $15.55M. 7.14% cap.
3. MOB in Simi Valley, CA: 2789 SF Class-A medical office building completed in 2008 close to Semi Valley Hospital in affluent Southern California with an AHI of $113K/yr in 3 mile radius. 100% leased with 9-yrs left. NOI $75K/yr with annual rent increases. $1.25M. 6.06% cap.
4. Office Building in Tallahassee, FL: 22,448 SF Class-A office building constructed in 2004 on 2 ac lot across from Tallahassee Mall. 90% leased to multiple tenants. NOI $135K/yr. $1.5M. 9% cap.
5. Shopping Center in Santa Clarita, CA: 32,163 SF well maintained mixed-use shopping center  in high income (AHI $108K/yr in 3 miles) Southern California. Close to Valencia Town Center. 90% NNN leased. Pro forma NOI $594K/yr. $7.5M. 7.92% pro forma cap.
6. Staples in Elmwood Park, IL: 20,356 SF single-tenant retail building constructed in 2007 on over 1 ac lot at a hard corner location in a high income Chicago suburbs. 10-yrs NNN lease with 3-yrs left. NOI $427K/yr with rent increases. $5.34M. 8% cap.
7. Retail Center in Garden Grove, CA: 18,811 SF well kept retail center along major retail artery in densely populated middle-class Southern California. NNN leased to long term tenants. NOI $294K/yr. $4.2M. 7% cap.

            (c) Transmercial 2014

02-20: Michaels, Service King, Burger King, MOB, Retail Centers

1. MOB in Redding, CA: 10,300 SF well maintained medical office building on 2.39 ac lot adjacent to Mercy Medical Center Redding in Northern CA . 100% leased to a surgery center and physicians office. NOI $263K/yr. $3.4M. 7.75% cap.
2. Michael's in Commerce Township, MI: 23,838 SF single-tenant retail building constructed in 2000 in high income (AHI $97K/yr) Detroit suburbs. Next to Target and across from Costco, Movie Theater and The Home Depot. 100% NNN lease  to Michael's with 6-yrs left. NOI $266K/yr with a rent increase in 2017. $3.547M. 7.50% cap.
3. Shopping Center in Hesperia, CA: 29,961 SF shopping center completed in 2007 on 3.21 ac lot at a signalized intersection in high growth middle class San Bernardino County. 96% leased to national tenants such as 99 Cents Only Stores and AT&T. NOI $628K/yr. $8.11M. 7.75% cap.
4. Service King in Mesa, AZ: 12,000 SF attractive auto repair center completed in 1998 on .87 ac lot along main corridor. Close to 287,000 SF Falcon Gateway anchored by Wal-Mart. 100% NNN corp lease with 3-yrs left. NOI $131K/yr. $1.75M. 7.50% cap.
5. Strip Center in Las Vegas, NV: 5833 SF strip center in high income (AHI $98K/yr in 3 miles) area. Adjacent to center anchored by Target and VONS. Near Hwy-95. Actual NOI $105K/yr. $1.5M. 7% cap. Upside potential when fully leased.
6. Office Building in Vallejo, CA: 11,381 SF Class-A 2-tenant office building completed in 1999 on nearly 1 ac outparcel to Costco in Solano County. Across form Gateway Plaza with Target, Beth Bath & Beyond and Old Navy. Close to Six Flags Discovery Kingdom and I-80. 100% leased with 89% spaces leased to Social Security Administration till 2024.  NOI $430K/yr. $5.733M. 7.50% cap. 
7. Shopping Center in Suwanee, GA: 68,409 SF shopping center built in 2006 on 9.54 ac lot anchored by Office Depot in growing and high income Atlanta suburbs with an AHI of $107K/yr in 1 mile. Adjacent to Wal-Mart and across from Lowe’s. 91% leased. NOI $761K/yr. $8.705M. 8.75% cap.
8. Burger King in Bloomfield, CO: 4728 SF drive-thru fast food restaurant at a signalized intersection in high income Denver metro. Tenant has been at this location since 1995.  100% NNN lease to an experienced franchisee with 2-yrs left. NOI $96K/yr. $1.371M. 7% cap.
9. Retail Center in Rockford, IL: 9000 SF retail center built in 2008 on over 1 ac outparcel to Wal-Mart in an upper middle-class area. NOI $275K/yr. $3.25M. 8.47% cap.
10. MOB in Sterling Heights, MI: 15,008 SF Class-B office building close to Crittenton Hospital and Hwy-53 in Detroit suburbs. 100% leased to multiple tenants. NOI $112K/yr. $1.4M. 8% cap.

            (c) Transmercial 2014

02-19: Valero Gas, KFC, Kelly More Paints, Church's Chicke

1. Valero Gas Station & Auto Repair Center in Alameda, CA: 9800 SF well maintained retail property at a corner lot and in high income (AHI $91K/yr) bay area. There is the possibility for the current tenant to sign a new lease or sell the business. Perfect for owner/user opportunity. $1.2M.
2. KFC in Wichita, KS: 2298 SF KFC restaurant on ½ ac lot close to Towne West Square Mall and I-235. New 15-yrs absolute NNN lease to strong operator with 11 units. NOI $78K/yr with 10% rent bumps every 5 yrs. $1.075M. 7.25% cap.
3. Kelly More Paints in Bremerton, WA: 5922 SF single-tenant retail building on .54 ac outparcel to Fred Meyer grocery in growing Seattle metro. 100% NNN lease with 4-yrs left. NOI $55K/yr. $770K. 7.17% cap.
4. Retail Center in Cypress, TX: 9230 SF retail center built in 2005 on over 1 ac lot in affluent Houston suburbs. Across from Wal-Mart center. 100% NNN leased to Tenet Healthcare and BGC Pharmacy. NOI $166K/yr. $2.2M. 7.56% cap.
5. Church’s Chicken in Tampa, FL: 990 SF well kept Church’s Chicken at a corner location. Close to St Joseph’s Children’s Hospital. 100% absolute NNN corp lease with over 11-yrs left. NOI $51K/yr with 1.5% annual rent increases. $850K. 6.12% cap.
6. Retail Center in Rockwall, TX: 18,238 SF attractive retail center on 1.25 ac lot in growing and high income Dallas metro. 100% leased with long term tenants including three medical tenants. NOI $195K/yr. $2.11M. 9.26% cap.
7. Strip Center in Fort Worth, TX: 9450 SF strip center built in 2008 on nearly 1 ac lot in growing and high income area. All units face main corridor. 100% NNN leased. 9% cap. NOI/Price N/A.
8. Retail Building in Schaumburg, IL: 7,000 SF retail center built in 1998 on 1 ac outparcel to Kohl’s and Lowe’s center in high income Chicago metro. Across from Home Depot and Target. 100% leased to Starbucks and Sprint.  NOI $142K/yr. $1.6M. 8.50% cap.
9. Office Building in Beaverton, OR: 4591 SF Class-B office building in growing Portland suburbs. Near Beaverton Town Square and Hwy-217. Actual NOI $52K/yr. $750K. 7% cap.

            (c) Transmercial 2014

02-18: Childtime, S'More BBQ, NextCare Urgent Care, MOB

1. MOB in Haddon Township, NJ: 5000 SF attractive medical office building along major retail corridor in Philadelphia metro. Close to I-76. 100% leased to Affordable Dentures, a national tenant with a new 7-yrs lease. NOI $84K/yr. $1.05M. 8% cap.
2. Retail Center in Fort Worth, TX: 10,886 SF 7-units retail center on .98 ac lot at a hard corner location in fast growing area. Across from Wal-Mart, Sam’s Club and Lowe’s and close to I-30. 100% leased to excellent tenant mix NOI $108K/yr. $1.45M. 7.5% cap.
3. MOB in Columbus, OH: 17,349 SF Class-B medical office building completed in 2004 in growing area. Tenants Include: Nationwide Children's Hospital, Columbus Institute of Plastic Surgery, Ohio ENT, and  Dr. Silverglade Pediatric Dentistry. Close to Mt Carmel East Hospital. 100% NNN leased. NOI $296K/yr. $3.392M. 8.75% cap.
4. Childtime in Kennesaw, GA: 8106 SF daycare center on 2.51 ac lot along major artery in growing and high income (AHI $89K/yr in 3-mile radius) Atlanta suburbs. 100% absolute NNN corp lease with over 3-yrs left. NOI $162K/yr with a CPI rent bump in 2015. $1.6M. 10% cap.
5. Retail Center in Saint Paul, MN: 13,160 SF attractive retail center in growing area on an off/on ramp of I-94. 90% leased to DaVita Dialysis, Anytime Fitness and Healthsource Chiropractic with only once small vacancy. NOI $248K/yr. $2.995M. 8.30% cap.
6. Strip Center in Lawrenceville, GA: 9600 SF strip center built in 2007 on 1+ ac lot at an intersection in Atlanta suburbs. Close to Gwinnett Medical Center and Hwy-316. National tenants include: Five Guys , Allstate, Well Massage, Perfect 10 Nails,  Loose Enz Salon, and Taco Depot. 100% leased. $1.69M. NOI $146K/yr.  8.6% Cap.
7. Retail Center in Tarpon Springs, FL: 13,000 SF well kept strip center on 2.50 ac lot in Tampa metro with excellent tenant mix. 100% leased. NOI $79K/yr. $998K. 8% cap.
8. S’More BBQ in Douglasville, GA: 7000 SF well maintained restaurant fast growing Atlanta suburbs. Close to 1,4000,000 SF Arbor Place Mall and next to I-20. 15-yrs absolute NNN lease with 13-yrs left. NOI $108K/yr. $1.2M. 9% cap.
9. MOB in Yuma, AZ: 3300 SF Class-B newly constructed medical office building close to Yuma Medical Regional Center. 100% leased to Runyan Orthopedics. NOI $93K/yr. $1.24M. 7.58% cap.
10. NextCare Urgent Care in Tulsa, OK: 5590 SF medical office building completed in 2003 on over 1 ac lot in a fast growing and upper middle-class area. Close to Hwy-64. Brand new 10-yrs NNN- corp lease. NOI $147K/yr. $1.9M. 7.75% cap.

            (c) Transmercial 2014