Go to Top

March 2015

03-17: TGI’s Friday, Bank of America, MOB, Regional Centers, Strip Centers

Regional Center in Pickerington, OH: 44,834 SF attractive shopping center on 5.87 ac lot anchored by Life Time Fitness in high income Columbus suburbs. Shadow anchored by Kohl’s and next to OhioHealth’s new medical campus. NNN leased. NOI $728K/yr. $8.62M. 8.45% cap. TGI’s Friday’s in Springfield, MO: 8000 SF casual dining restaurant and bar renovated in 2005 on over 1 ac lot. Adjacent to Power center with Ross Dress for Less, T.J. …Read More

03-16: Jack in the Box, Golden Corral, IHOP, Mixed-Use, Shopping Centers

Shopping Center in Winchester, VA: 79,947 SF consisting of four attractive retail buildings built in 2008 on over 12 ac outparcel to 126,000 SF Target and Lowe’s on an off/on ramp of I-81. Notable tenants include: Sleepy’s, Sprint, Sally Beauty Supply, GameStop, PetSmart, Party      City and Subway. 98% NNN leased. NOI $1.397M/yr. $17.998M. 7.76% cap. Mixed-use in San Jose, CA: 19,826 SF well maintained retail/office center on 1.55 ac lot along …Read More

03-13: Perkins;, Office Buildings; Processional Plaza; Retail Centers

Retail Center in Riverdale, GA: 11,250 SF eye-catching retail center constructed in 2008 on 2 ac lot in growing Atlanta suburbs. Major tenants include: Little Caesars, Wings & Hibachi, Lake Ridge Mart, Tattoos Shop, Rose Couture and Hair Salon. 90% leased. Actual NOI $84K/yr. $1.095M. 7.73% actual cap. Upside potential . Professional Plaza in Miramar, FL: 30,692 SF Class-B multitenant office building along main corridor in Miami suburbs. High barrier to entry …Read More

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 …Read More

03-11: Senor Tequila’s; Taco Bueno; Office Buildings; Retail Centers

Senor Tequila’s in Fort Myers, FL: 9304 SF Mexican restaurant completely renovated in 2014 on 1.73 ac outparcel to Power Center with Super Target, World Market, DSW and Barnes & Noble. Across from Costco and T.J. Maxx. Close to Bell Tower Shops. 10-yrs absolute NNN lease with over 9-yrs left. NOI $171K/yr with 2.5% annual rent bumps. $2.638M. 6.50% cap. Office Building in Woodbury, MN: 20,656 SF Class-A two-story office building in a …Read More

03-10: BWW; Office Buildings; MOB; Retail Centers

Retail Center in Centennial, CO: 6948 SF attractive retail center on 1 ac lot in a growing and affluent (AHI $112K/yr in 1 mile) Denver suburbs. Adjacent to King Soopers grocery and Safeway grocery Centers. 100% absolute NNN leased to Budget Transmission and Brakes Plus. NOI $129K/yr. $1.92M. 6.75% cap. MOB in Edmond, OK: 17,213 SF built-to-suit single-tenant medical office building constructed in 1999 on 2 ac lot in growing and upper middle class …Read More

03-09: Alexian Brothers Health System; Wendy’s; DaVita; Fast Med; Office Buildings

Alexian Brothers Health System in Addison, IL: 11,200 SF Class-A single-tenant medical office building along major corridor in high income (AHI $92K/yr) Chicago MSA. With easy access to I-355. 100% corp lease to well-known medical service provider. NOI $252K/yr with 3% annual rent increases. $3.45M. 7.33% cap. Wendy’s in Oshkosh, WI: 3270 SF Wendy’s built in 2002 in a fast growing area. Between The Medical Center of Aurora and Hwy-41. This is …Read More

03-06: Burger King, Regional Plaza, Shopping Centers, Retail Centers

Shopping Center in Lexington, KY: 180,576 SF shopping center renovated in 2003 on over 18 acres of land anchored by 78,337 SF Burlington Coat Factory along major retail artery. Other major national tenants include: Tuesday Morning, Aaron’s, Golden Buffet, Hancock Fabrics and Sherwin Williams.  Adjacent to Walmart and close to Saint Joseph East Hospital. Close to Hwy-60. 100% leased with good tenant mix. NOI $1.07M. $13.37M. 8% cap. Burger King in Orlando, …Read More

03-05: Good Times Burger & Frozen Custard, Dollar General, Liberty Dialysis, Retail Centers

Good Times Burger & Frozen Custard in Centennial, CO: 2100 SF brand new fast food restaurant on .89 ac lot along main retail corridor in fast growing and high income (AHI $99K/yr in 3 miles) Denver MSA. Near Centennial Medical Plaza, Arapahoe Crossings with AMC Theaters and Hwy-83. Brand new 20-yrs absolute NNN corp lease. NOI $93K/yr with 1% annual rent bumps. $1.562M. 6% cap. Retail Center in Saint Charles, IL: 16,189 SF well …Read More

03-04: Elite Care, Taco Bell, Rite Aid, Godfather’s Pizza, Tutor Time

Retail Center in Madison, WI: 8614 SF attractive retail center on over 1 ac outparcel to Home Depot and Goodwill center in a growing upper middle class area. With good access to Hwy-14. 100% leased to Subway, Trail This and Wisconsin Indoor Cycling. NOI $85K/yr. $1.069M. 8% cap. Elite Care in San Antonio, TX: 14,878 SF Class-A Elite Care 24 Hour Emergency Center built in 2013 on 2.28 ac corner lot in growing …Read More