03-12: Tires Plus; MOB; Shopping Center

  • 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.
  • 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.
  • 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.