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June 2015

06-15: Neighborhood center, MOBs, Office Building, Burger King

  Daily Best Commercial Properties   Neighborhood Center in Saint Petersburg, FL: 51,619 SF neighborhood center built in 1989 on 4.3 ac lot on a 6-lane artery. Anchored by Aldi Grocery, and Davita Dialysis.  97% leased with 51% of the center occupied by national tenants. NOI $373K/yr. $4.545M. 8.2% cap. Strip Center in Coral Springs, FL: 4949 SF well maintained strip center on .54 ac corner lot in a growing …Read More

05-08: Boston’s Pizza, Citibank, MOB, Perkins, Retail Centers

Boston’s Pizza in Fontana, CA: 6878 SF Boston’s Pizza restaurant built in 2013 on almost 1 ac lot in high income area with AHI of $96K/yr.  Easy access to a good visibility from hwy 210. 15 yrs NNN lease.  NOI $292K/yr with 10% rent bumps every 5 yrs.  $4.3M. 6.8% cap. CitiBank in Hanford, CA: 4816 SF bank on .42 ac corner lot.  100% absolute NNN lease till 2024 to …Read More