https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg 0 0 davidvtran https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg davidvtran2015-04-17 15:46:552015-06-18 15:47:2504-17: Brakers Plus, Kiddie Academy, Mixed-use, Burlington Coat Factory
- Retail Center in Katy, TX: 32,387 SF retail center built in 2005 on 4.58 ac outparcel to Walmart Supercenter in growing and high income (AHI $107K/yr in 3 miles) Houston suburbs. Between Katy Mills Mall and I-10. 89% NNN leased with excellent tenant mix. Actual NOI $585K/yr. $8.8M. 6.65% actual cap. Upside potential when fully leased.
- Retail Center in Stockton, CA: 15,314 SF retail center built in 2008 on 1.84 ac lot at a major retail artery. Adjacent to Costco. 100% NNN leased to seven national and local tenants. NOI $438K/yr. $6.752M. 6.50% cap. NOTE: flyer not available full brochure upon request.
- Retail Center in Toledo, OH: 21,000 SF attractive retail center completed in 2002 on 2.78 ac lot along main corridor. With easy access to I-475. 100% NNN leased. NOI $191K/yr. $2.095M. 9.15% cap.
- Mixed-use in Norcross, GA: 31,360 SF three story office/retail building and 22,000 SF retail center on over 3 ac lot in growing Atlanta suburbs. 82% leased. Actual NOI $435K/yr. $5.6M. 7.78% cap.
- Retail Center in Austell, GA: 18,340 SF retail center built in 2007 on nearly 2 ac outparcel to 22-screen Regal Pavilion Cinemas and Gold’s Gym in growing Atlanta suburbs. 90% NNN leased with only one vacancy. NOI $329K/yr. $4.2M. 7.83% cap.
- Brakes Plus in Phoenix, AZ: 4594 SF attractive auto service center on .58 ac lot at a busy retail thoroughfare. Close to John C. Lincoln Deer Valley Hospital and with easy access to I-17. New 10-yrs absolute NNN corp lease. NOI $112K/yr with 10% rent bumps every 5-yrs. $1.795M. 6.25% cap.
- Kiddie Academy in Oswego, IL: 15,500 SF brand new built-to-suit educational center on 1.23 ac lot in high income Chicago suburbs with an AHI of $101K/yr in 1 mile. Between two major center with Meijer grocery, Bed Bath & Beyond, Michaels, Target, T.J. Maxx and Walmart. New 15-yrs NNN lease. NOI $273K/yr with 10% rent increases every 5-yrs. $3.412M. 8% cap.
- Neighborhood Center in Arlington, TX: 133,880 SF well maintained shopping center constructed in 1992 on over 11 ac lot anchored by 80,880 Burlington Coat Factory in high income area. Adjacent to Walmart Supercenter. Near The Parks at Arlington and I-20. 100% NNN leased to just 2 tenants: Burlington and an Antique Mall. NOI $818K/yr. $10.495M. 7.80% cap.
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