https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg 0 0 davidvtran https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg davidvtran2015-04-09 15:27:412015-06-18 15:28:1704-09: Fast Auto Loans, Merchant’s Tire, Jiffy Lube, Golden Corral, Office Buildings
- Fast Auto Loans in Pittsburg, CA: 2676 SF newly renovated retail building on .72 ac lot visible from Hwy-4 in growing Contra Costa County. Adjacent to Home Depot and WinCo Foods. New 7-yrs NN corp lease. NOI $95K/yr with 2% annual rent increases. $1.59M. 6% cap.
- Merchant’s Tire in Henrico, VA: 7080 SF single-tenant auto center on .65 ac lot in growing & upper middle class (AHI $83K/yr in 3 miles) Richmond suburbs. Across from Walmart Supercenter and Regency Square Mall. 20-yrs absolute NNN lease with 6-yrs left. NOI $216K/yr. $2.71M. 8% cap.
- Jiffy Lube in Mesa, AZ: 4130 SF well maintained two-bay auto center at a busy corridor in growing Phoenix suburbs. Next to Walgreens and with easy access to Hwy-202. 20-yrs absolute NNN lease with 13-yrs left. NOI $106K/yr with 10% rent increases in yrs 10 & 15. $1.578M. 6.75% cap.
- Shopping Center in Phoenix, AZ: 21,219 SF consisting of three retail buildings on 1.37 ac lot along main corridor and at a signalized intersection. Shadow anchored by 99 cents Only. Next to Home Depot. Close to Paradise Valley Hospital and Hwy-51. 93% leased. NOI $245K/yr. $3.063M. 8% cap.
- Office Building in Sacramento, CA: 52,252 SF Class-A single-tenant office building constructed in 1998 on 5.69 ac lot along main artery. Tenant has been at this location since 1998. 100% lease with over 7-yrs left Sacramento county. NOI $752K/yr. $8.95M. 8.43% cap.
- Retail Center in West Sacramento, CA: 22,198 SF attractive retail center built in 1992 on 1.61 ac lot at a hard corner location. Near I-80. 90% leased to Kelly Moore, Harbor Dental, Subway, Nail Salon, Check into Cash and Raku Sushi. NOI $411K/yr. $5.175M. 7.95% cap.
- KinderCare in Palatine, IL: 6175 SF daycare facility on nearly 1 ac lot in high income Chicago suburbs with an AHI of $96K/yr in1 mile ring. Tenant has been at this location since 1989. 100% absolute NNN corp lease with 5-yrs left. NOI $123K/yr with 2% annual rent increases. $1.65M. 7.50% cap.
- Office Building in Austin, TX: 50,836 SF Class-B office building in a high income area and along Hwy-183. 90% NNN leased with good tenant mix including, attorneys, consultants, social services, doctors and technology tenants. Actual NOI $485K/yr. $6.66M. 7.29% actual cap. Upside potential.
- Golden Corral in Humble, TX: 11,414 SF Golden Corral Restaurant on over 2 ac outparcel to Sam’s Club and across from Kroger grocery in Houston metro. Adjacent to major power centers, Deerbrook Mall and with easy access to Fwy-59. 100% NNN lease with 2-yrs left. NOI $223K/yr. $2.787M. 8% cap.
- Retail Center in New Port Richey, FL: 27,077 SF well kept retail center constructed in 2006 on 5 ac lot in Tampa metro. All units face Hwy-1. Tenants include: H&R Block, Allstate, Day Care, Doctors Offices, Marco’s Pizza and Bridal Shop. NOI $264K/yr. $3.3M. 8% cap.
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