01-06: Walgreens, MOB, Shopping Centers, Retail Centers

  • Walgreens in Chicago, IL: 13,000 SF built-to-suit pharmacy constructed in 1993 on 1 ac lot at a signalized intersection. With easy access to I-94. 100% NN lease with 4-yrs left. NOI $159K/yr. $2.461M. 6.50% cap.
  • MOB in Florence, KY: 18,283 SF well maintained medical office building renovated/expanded in 2007 on 1.71 ac lot in Cincinnati suburbs. Close to I-75.  Anchored by Fresenius Dialysis Center. 100% NNN leased to multiple tenants. NOI $320K/yr. $3.375M. 9.51% cap.
  • Shopping Center in Kissimmee, FL: 28,827 SF well maintained shopping center on over 2 ac lot along major artery in Orlando suburbs. 100% NNN leased. NOI $429K/yr. $5.544M. 7.75% cap.
  • Office Building in Santa Fe, NM: 31,975 SF Class-A multitenant office building adjacent to CHRISTUS St Vincent Regional Medical Center. 97% leased. NOI $405K/yr. $5.375M. 8.30% cap.
  • Retail Center in Chino, CA: 12,069 SF retail building completed in 2009 on 1.58 ac lot in high income (AHI $99K/yr in 3 miles) San Bernardino County. Shadow anchored by Home Depot and JC Penney. 100% NNN leased. NOI $194K/yr. $3.117M. 6.25% cap.
  • Retail Center in Indio, CA: 15,136 SF well kept retail center on 1.34 ac outparcel to Cardenas Supermarket and CVS Pharmacy. Across from Fiesta Mall and near JFK Memorial Hospital. 100% leased. NOI $164K/yr. $2.995M. 5.50% cap.
  • Neighborhood Center in Las Vegas, NV: 71,008 SF attractive anchored shopping center on 6.46 ac lot in densely populated Clark County. Close to Meadows Mall and Hwy-95. 97% leased. NOI $797K/yr. $10.9M. 7.32% cap.
  • Office Building in Glastonbury, CT: 11,000 SF Class-B office building on 1½ ac lot in high income Hartford metro with an AHI of $92K/yr in a 3 mile ring. 100% leased to eight tenants. NOI $91K/yr. $995M. 9.20% cap.
  • Retail Center in Sicklerville, NJ: 12,039 SF attractive retail center completed in 2009 on 1.88 ac lot in affluent (AHI $105K/yr) Philadelphia MSA. Adjacent to 122,000 SF The Shoppes at Cross Keys. 100% leased with good tenant mix. NOI $313K/yr. $4.475M. 7% cap.
  • Shopping Center in Mesa, AZ: 34,140 SF L-shaped shopping center renovated in 1994 on over 3 ac lot at a hard corner location. Anchored by The Learning Foundation and Performing Arts School. 100% leased. NOI $327K/yr. $4.362M. 7.50% cap.