Shopping Center in Katy, TX: 32,387 SF attractive retail center built in 2005 on 4.58 ac outlet to Walmart Supercenter in a fast growing and high income (AHI $107K/yr in 3 miles) Houston MSA. Good tenant mix include: Pizza Hut, State Farm, Subway and Payless Shoe Source, Dentist, Tutoring Center, China Buffet, Hair Salon and Nail […]
Hooters in Columbia, SC: 5793 SF Sports Bar & Grill Restaurant built in 1998 on 1.31 ac lot on an off/on ramp of I-27. Adjacent to Columbiana Centre, Walmart Supercenter, Home Depot, and Lowes. 20-yrs absolute NNN corp lease with 10-yrs left. NOI $212K/yr with rent bumps every 5-yrs. $2.599M. 8.20% cap. Strip Center in Atlanta, GA: 6000 […]
Retail Center in Queen Creek, AZ: 16,798 SF attractive retail center on 2.68 ac lot in a fast growing (851% pop growth since 2000) and high income (AHI $94K/yr in 3 miles) Phoenix metro. 100% leased to national and local tenants. NOI $306K/yr. $4.247M. 7.21% cap. Retail Center in Chicago, IL: 12,704 SF well maintained retail center […]
Retail Center in Houston, TX: 13,285 SF attractive retail center built in 2008 on 1.35 ac lot at a signalized corner location. On an off/on ramp of Hwy-8. 90% leased to six tenants. NOI $272K/yr. $3.4M. 8% cap. Strip Center in Appleton, WI: 15,957 SF fully renovated strip center. NNN leased with long term tenants. NOI $117K/yr. […]
Shopping Center in National City, CA: 84,230 SF well kept shopping center on 6.74 ac lot anchored by Wrigley’s Supermarket at a hard corner location in Southern California. Close to Paradise Valley Hospital and I-805. 92% NNN leased. NOI $1.079M/yr. $15.5M. 6.96% cap. Neighborhood Center in Madera, CA: 134,833 SF shopping center constructed in 1992 on 13.51 […]
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. Used by Transmercial only. MOB in Debary, […]
Retail Center in Richland, WA: 13,805 SF retail center built in 2007 on 1 ac lot at a signalized location in Kennewick suburbs. Close to Columbia Center Mall. 92% leased. NOI $199K/yr. $2.85M. 7.01% cap. Shopping Center in Sandy, UT: 51,914 SF well maintained in-line shopping center on over 7 ac lot at a major retail artery […]
Office Building in Sacramento, CA: 14,333 SF Class-B multitenant office building on over 1 ac corner lot along major artery in growing and upper middle-class area. Close to Country Club Plaza and Kaiser Permanente. 93% leased. Actual NOI $122K/yr. $1.75M. 7% cap. Retail Center in Irving, TX: 30,512 SF retail center built in 1994 on nearly 2 […]
Regional Center in Pickerington, OH: 44,834 SF attractive shopping center on 5.87 ac lot anchored by Life Time Fitness in high income Columbus suburbs. Shadow anchored by Kohl’s and next to OhioHealth’s new medical campus. NNN leased. NOI $728K/yr. $8.62M. 8.45% cap. TGI’s Friday’s in Springfield, MO: 8000 SF casual dining restaurant and bar renovated in 2005 […]
Shopping Center in Winchester, VA: 79,947 SF consisting of four attractive retail buildings built in 2008 on over 12 ac outparcel to 126,000 SF Target and Lowe’s on an off/on ramp of I-81. Notable tenants include: Sleepy’s, Sprint, Sally Beauty Supply, GameStop, PetSmart, Party City and Subway. 98% NNN leased. NOI $1.397M/yr. $17.998M. 7.76% cap. […]