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June 2020

05-15: Essential Retailers, Dollar Tree, MOB, Pep Boys, Walgreens, Advance Auto Parts, Rite Aid Pharmacy

MOB in Lubbock, TX: 19,583 SF well kept medical office building on 1.51 ac lot anchored by Covenant Health Pulmonary. In the heart of Covenant Medical main campus and near 1,300-bed Covenant Health Hospital. Close to Hwy-62/82. Just blocks from Texas Tech University with over 31,000 undergraduate enrollment. 73% leased to two tenants. NOI $228K/yr. $2.85M. 8% cap. Upside potential when fully leased. Dollar Tree in Columbia, SC: 10,908 SF …Read More

04-23: MOB, Walgreens, Pep Boys, Mixed-use, Retail Plazas

  1.   MOB in Huntington, WV: 20,618 SF Class-B three story medical office building on .83 ac lot. $3.5M invested in renovations. Outparcel to 303-bed Cabell Huntington Hospital. 100% leased to multiple tenants. NOI $340K/yr. $4.255M. 8% cap. 2.   Walgreens in Lake Station, IN: 14,490 SF well maintained drug store built in 2002 on 1.75 ac lot at a hard corner location in Chicago MSA. Near I-94. 100% NNN leased. …Read More