https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg 0 0 davidvtran https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg davidvtran2015-03-04 15:17:272015-06-18 15:17:5603-04: 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 and high income area with an AHI of $85K/yr in 1 mile ring. 100% NNN corp lease with 12-yrs left. NOI $496K/yr. $7.09M. 7% cap.
- Taco Bell in Las Vegas, NV: 1760 SF franchised fast food restaurant across from Food 4 Less. Near I-515. 100% absolute NNN lease with 4 yrs left to a strong operator with 65-units. NOI $165K/yr. $2.248M. 7.35% cap.
- Office Building in Cottonwood Heights, UT: 12,798 SF Class-B multitenant office building constructed in 2000 on .86 ac lot in high income (AHI $86K/yr in 3 mile radius) in Salt Lake City suburbs. Close to I-215. 100% lease with good professional tenants mix. NOI $148K/yr. $2.05M. 7.25% cap.
- Rite Aid in Turlock, CA: 29,860 SF well maintained Rite Aid Pharmacy on 2.59 ac lot along main corridor part of major shopping center with Factory Two U, 99 Cents Only, Goodwill and Big 5 Sporting Goods. 100% absolute NNN lease with over 10-yrs left. NOI $210K/yr. $3.5M. 6% cap.
- Retail Center in Bell Gardens, CA: 10,000 SF L-shaped well kept retail center on .56 ac lot at a signalized corner location & in densely populated area with over 800,000 residents in a 5 mile radius. Across from Super A Foods. 100% leased to four tenants. NOI $142K/yr. $1.95M. 7.30% cap.
- Retail Center in Plainville, CT: 22,862 SF well maintained retail center on nearly 2 ac lot at a signalized location in Hartford suburbs. 100% leased. NOI $146K/yr. $2.17M. 6.75% cap.
- Godfather’s Pizza in Albuquerque, NM: 3883 SF retail building on .90 ac corner lot. New 10-yrs absolute NNN lease. NOI $93K/yr with 10% rent bumps every 5-yrs. $1.55M. 6% cap.
- Tutor Time in Portage, MI: 10,000 SF single-tenant child care and educational center constructed in 1998 on 1 ac lot in growing Kalamazoo suburbs. Adjacent to The Crossroads Mall. 25-yrs NNN lease with 8-yrs left. NOI $183K/yr. $2.285M. 8.01% cap.