https://secureservercdn.net/126.96.36.199/6vz.f09.myftpupload.com/wp-content/uploads/2021/07/TransmercialHeader.jpg 0 0 davidvtran https://secureservercdn.net/188.8.131.52/6vz.f09.myftpupload.com/wp-content/uploads/2021/07/TransmercialHeader.jpg davidvtran2015-03-03 15:39:522015-06-18 15:40:1803-03: Firestone Auto Care; IHOP Restaurant; Regional Center; Mixed-Use; Office Building
- Shopping Center in Indianapolis, IN: 59,782 SF consisting of four buildings completed in 2003 on over 8 ac lot in growing middle-class area. Adjacent to Walmart Supercenter. Major tenants include: Rally’s Hamburgers, Sally Beauty, Buffalo Wild Wings, Deals (owned by Dollar Tree), GameStop, Papa Murphy’s Pizza and FedEx Kinko’s. 100% leased. NOI $704K/yr. $9.25M. 7.62% cap.
- Retail Center in Cincinnati, OH: 30,511 SF attractive retail center built in 1994 on 6 ac outparcel to 915,956 SF Northgate Mall with Macy’s, DSW, Sears, Burlington Coat Factory, Marshalls, Michael’s, Ulta and HHGregg. With easy access to I-275. 100% NNN leased to Kabuto Japanese Restaurant, Sprint, Life Uniform and Tuesday Morning. NOI $235K/yr. $3.2M. 7.37% cap.
- Shopping Center in Las Vegas, NV: 39,600 SF well kept shopping center on 3.58 ac lot along main retail artery & in densely populated area. Close to I-515. 94% leased. NOI $487K/yr. $6.97M. 7% cap.
- Regional Center in Clovis, CA: 88,000 SF attractive shopping center on 7.59 ac lot at a signalized corner location. Across from Sunflower Marketplace with Walmart, Sally Beauty Supply, Goodwill, Walgreens and more. Between Sierra Vista Mall and Hwy-4. National tenant include: Big Lots, DD’s Discount, Hometown Buffet, Taco Bell, Long John Silver and A&W. 93% leased. NOI $847K/yr. $13M. 6.52% cap.
- Mixed-use in Fair Oaks, CA: 17,000 SF Class-B office/retail building at a corner lot in high income (AHI $104K/yr in 1 mile) Sacramento suburbs. 85% leased. NOI $154K/yr. $2.2M. 7% cap.
- Office Building in Murray, UT: 24,573 SF Class-B multitenant office building constructed in 1995 on 2.77 ac lot in growing Salt Lake City suburbs. Next to Murray Central Station and across from Intermountain Health Center. 100% NNN leased. Pro forma NOI $283K/yr. $4.056M. 7% cap.
- Firestone in Fort Wayne, IN: 7740 SF Firestone auto center built in 2005 on 1.39 ac outparcel to Menards along Hwy-27. Adjacent to Walmart Supercenter. 100% NNN lease with 6-yrs left. NOI $150K/yr. $2.151M. 7% cap.
- IHOP in Clearwater, FL: 4424 SF IHOP Restaurant on .52 ac lot on an off/on ramp of Hwy-19. Next to Super 8 Hotel and across from Walmart Supercenter. 100% NNN lease with 9-yrs left. NOI $82K/yr. $1.3M. 6.34% cap.
(c) Transmercial 2015