Entries by davidvtran

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: […]

05-07: VASA Fitness Center, Tilted Kilt, Professional Plaza, Office Buildings

Shopping Center in Eldersburg, MD: 57,585 SF well maintained shopping center on 6 ac lot in growing and high income (AHI $108K/yr in 3 miles) Baltimore suburbs. 92% NNN leased. NOI $723K/yr. $10.331M. 7% cap. Office Building in Murray, UT: 36,921 SF Class-B multitenant office building on nearly 2 ac lot in Salt Lake City suburbs. Close […]

05-05: Dollar Tree, Sonic Drive-In, O’Reilly Auto Parts, Dotty’s Restaurant, Garcia’s Mexican Restaurant, MOB

Dollar Tree in Mobile, AL: 10,000 SF newly constructed Dollar Tree on 1.79 ac lot. Across from Bishop State Community College and close to I-165. 100% NNN- corp lease with 10-yrs left. NOI $125K/yr. $1.851M. 6.75% cap. NOTE: flyer not available, full OM upon request. Shopping Center in Greenwood, IN: 31,673 SF well maintained shopping center on 4.57 ac […]

05-04: Tuffy & Car-X, 99-Cents Only Store, Pollo Regio, MOB, Rite Aid, Retail Centers

Tuffy/Car-X in Indianapolis, IN: 4950 SF attractive auto & tire center on .78 ac outparcel to Walmart center. Across from Lowe’s and near Costco, St. Vincent Indianapolis Hospital and I-465.  100% NNN corp lease with 8-yrs left. NOI $117K/yr with 1.75% annual rent increases. $1.748M. 6.75% cap. 99-Cents Only Store in Colton, CA: 21,413 SF retail building on over […]

04-30: MOB, Shopping Center, Retail Center, Strip Centers

Retail Center in Southaven, MS: 15,900 SF attractive retail center built in 2007 on over 2 ac lot in growing Memphis suburbs. Close to Baptist Memorial Hospital-Desoto and I-55/69. Immediately surrounded by national retailers including Walmart Supercenter, Target, Home Depot, Marshalls, Petco, Office Depot, and Sports Authority. 100% NNN leased with good tenant mix. NOI $275K/yr. […]

04-28: Office Plaza, MOB, Retail Centers, Strip Centers, Office Complex

Retail Center in Union City, CA: 11,720 SF well maintained retail center on 1.44 ac lot at a signalized intersection in Northern CA. With easy access to I-880. 100% with mostly NNN leases. NOI $278K/yr. $5.5M. 5.07% cap. Shopping Center in Phoenix, AZ: 75,559 SF well kept neighborhood center on 5.69 ac lot anchored by Goodwill and […]

04-27: Fresenius, Inline Center, Car-X, Perkos Cafe, MOB, Shopping Centers

Below are the most commonly used acronyms: AHI: Avg. Household Income.  National average is about $55+K/yr. NOI: Net Operating Income.  It’s the income after all expenses (prop taxes, ins., maintenance) paid. NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses. NNN-: Triple net lease with landlord responsible for roof and structure.  […]