Best Buy in Duluth, GA: 50,484 SF free-standing retail building completed in 1994 on 5.6 ac lot at a great location right next to I-85 with 225,000 Vehicles/day in Atlanta metro. 100% NNN lease with 5 yrs left. Tenant has been here since 1994. NOI $410K/yr (just $9/SF) with rent bumps every 5 yrs. $5.655M. […]
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. […]
Retail Building in Humble, TX: 16,535 SF attractive retail building completed in 2005 at a hard corner location in fast growing and high income Houston suburbs. Across from Walmart and adjacent to Kroger and Sam’s Club. Close to Memorial Hermann Northeast Hospital, Deerbrook Mall and I-69. 100% NNN leased to seven tenants. NOI $374K/yr. $5.35M. 7% […]
MOB in Maryville, IL: 31,567 SF medical office building completed in 2009 on 3 ac lot anchored by DaVita Dialysis in St Louis metro. Close to 151-bed Anderson Hospital. 91% NNN leased with a strong tenant mix. NOI $453K/yr. $6.35M. 7.15% actual cap. Upside potential. Strip Center in Ventura, CA: 7681 SF well maintained strip center shadow-anchored […]
Starbucks Coffee in Benbrook, TX: 1825 SF highly rated on Yelp drive-thru Starbucks Coffee built in 2005 in growing and upper middle class Fort Worth suburbs. On an on/off ramp of I-20/820. 15-yrs absolute NNN corp lease with 5-yrs left. NOI $83K/yr. $1.39M. 6.01% cap. MOB in Orlando, FL: 23,763 SF Class-A multi-tenant medical office building on over 1 […]
Retail Buildings in Forney, TX: 31,160 SF consisting of two attractive retail buildings constructed in 2006/2008 on 3.53 ac lot in fast growing & high income Dallas/Fort Worth suburbs. 89% NNN leased. Current NOI $389K/yr. $4.45M. 8.76% actual cap. Upside potential. CVS in Alpharetta, GA: 10,722 SF well kept drug store built in 1998 on 1.82 ac […]
Retail Center in McDonough, GA: 20,053 SF attractive retail center built in 2005 on 1.75 ac lot in growing upper middle class Atlanta suburbs. Close to I-75. Tenants include: Firehouse Subs , Cricket Wireless and other established tenants. NOI $338K/yr. $4.1M. 8.25% cap. Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on […]
Retail Center in McDonough, GA: 20,053 SF attractive retail center built in 2005 on 1.75 ac lot in growing upper middle class Atlanta suburbs. Close to I-75. Tenants include: Firehouse Subs , Cricket Wireless and other established tenants. NOI $338K/yr. $4.1M. 8.25% cap. Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on […]
Winn Dixie in North Fort Myers, FL: 46,295 SF free-standing Winn Dixie supermarkets along major retail corridor in Cape Corral suburbs. 100% NNN- corp lease with 5-yrs left to a private company with 688 stores. NOI $525K/yr. $6M. 8.75% cap. Retail Center in Mesa, AZ: 11,257 SF attractive retail center at a hard corner location in growing Phoenix […]
Retail Center in North Shores, MI: 10,500 SF attractive strip center built in 2000 on 1.26 ac outpad to Power Center with Hobby Lobby, TJ Maxx and Target. Adjacent to The Lakes Mall and near Hwy-31. 81% leased. NOI $113K/yr. $1.425M. 8% cap. Chipotle in Puyallup, WA: 2137 SF brand new Chipotle restaurant on .51 ac lot […]