01-28: MOB, AAP, La Petite Academy, Retail Centers

  • Retail Building in Humble, TX: 16,535 SF attractive retail building completed in 2005 at a hard corner location in fast growing and high income Houston suburbs. Across from Walmart and adjacent to Kroger and Sam’s Club. Close to Memorial Hermann Northeast Hospital, Deerbrook Mall and I-69. 100% NNN leased to seven tenants. NOI $374K/yr. $5.35M. 7% cap.
  • Strip Center in Gurnee, IL: 9697 SF newly constructed strip center along main retail corridor in growing middle-class Chicago suburbs. Close to Six Flags Great America. 100% NNN leased to Sprint, Jimmy John’s, T-Mobile and Accelerated Health Systems. NOI $188K/yr. $2.42M. 7.80% cap.
  • MOB in Houston, TX: 37,786 SF Class-B medical office building renovated in 2013 on 1.73 ac lot along Hwy-59. Close to Houston Orthopedic and Spine Hospital and I-610. 100% NNN leased. NOI $761K/yr. Price: please submit.
  • Office Building in Casselberry, FL: 52,889 SF well maintained office building on 3.35 ac lot along major retail corridor in growing Orlando suburbs. 73% leased. Actual NOI $262K/yr. $3.75M. 7% cap.
  • Office Building in Fresno, CA: 10,066 Class-B SF single tenant office building on nearly 1 ac lot. Close to Saint Agnes Medical Center, Kaiser Permanente Medical Center and Hwy-41.  Seller will lease back.. NOI $138K/yr. $1.85M. 7.50% cap.
  • Retail Buildings in Glen Ellyn, IL: 3900 SF consisting of two attractive retail buildings along main retail artery in affluent (AHI $118K/yr) Chicago suburbs. Across from Pickwich Place Center with Trader Joe’s and ALDI. 100% NN leased to Dunkin’ Donuts and Short Term Loans. NOI $113K/yr. $1.685M. 6.75% cap.
  • Advance Auto Parts in Yorkville, NY: 7298 SF single tenant retail building constructed in 2003 on over 1 ac corner lot in a growing area. Recently extended NNN- lease with 9-yrs left. NOI $119K/yr. $1.762M. 6.75% cap.
  • MOB’s in Dublin, OH: 27,865 SF Class-A consisting of three medical office buildings in a growing and high income Columbus suburbs with an AHI of $86K/yr in 1 mile. Across from Mall at Tuttle Crossing and with easy access to I-270.  84% leased. Actual NOI $326K/yr. $4.27M. 7.65% cap.
  • La Petite Academy in Albuquerque, NM: 8490 SF day care facility built in 1990 on 1 ac lot in a high income area with an AHI of $84K/yr. 100% absolute NNN corp lease with 6-yrs left. NOI $161K/yr with annual rent increases. $1.931M. 8.35% cap.
  • La Petite Academy in Albuquerque, NM: 8900 SF day care center constructed in 1994 on .89 ac lot in a fast growing and affluent (AHI $95K/yr) neighborhood. 100% absolute NNN corp lease with 8-yrs left. NOI $171K/yr with annual rent bumps. $2.14M. 8% cap.