1. MOB in Crystal Lake, IL: 11,084 SF well-maintained multitenant building developed in 1980 on a 1.03-acre lot. Only 4.3 miles from Mercyhealth Hospital. In an affluent Chicago metro with an AHI of $113K/yr. within a 2-mile radius. 100% NNN leased to Addus Homecare (212 locations) and Action Behavior Centers (160 locations). NOI $239K/yr. […]
1. Shopping Center in Arlington, TX: 40,214 SF well-maintained multitenant retail center built in 1974 on a 4.77-acre lot. Features five points of ingress/egress. Adjacent to a signalized corner with 62,687 combined daily traffic. Located in the Fort Worth/Dallas MSA. 93% NNN- leased. NOI $598K/yr. Price reduced from $8.25M to $8.05M. 7.43% cap. 2. […]
1. MOB in Olympia, WA: 9,555 SF high-quality construction medical office building developed in 2013 on a 0.86-acre lot. Adjacent to MultiCare Capital Medical Center Hospital. In Seattle metro. 100% occupied by MultiCare and American Oncology Network. NOI $253K/yr. $3.345M. 7.57% cap. 2. MOB in Arvada, CO: 2,850 SF attractive multistory medical & dental professional […]
1. Shopping Center in Bryan, TX: 17,056 SF multitenant retail center built in 1963 on 1.39-acre lot. Across from H-E-B, Marshalls, and Ross Dress for Less. Along corridor with 33,916 CPD. 100% NNN leased. NOI $329K/yr. $4.393M. 7.5% cap. 2. KOHL’S in Citrus Heights, CA: 72,660 SF big-box retail building on a 5.78-acre lot. Located […]
1. Sun Wing Supermarket-Anchored Center in Houston, TX: 80,527 SF neighborhood plaza renovated in 2019 on a 5.52-acre lot. Anchored by Sun Wing Supermarket, a highly rated Chinese grocery chain with 84 U.S. locations. Conveniently located near Highway 8. 100% occupied. NOI: $947K/year. Price: $13.15M. Cap rate: 7.20%. 2. DaVita-Anchored MOB in Memphis, TN: 18,298 […]
1. Heart + Paw in Warren, RI: 14,500 SF highly-rated veterinary hospital built in 1960. Located in the high-income Providence MSA with an AHI of $173K/year within a 3-mile radius. 100% NNN-leased until 2031 to a strong national operator with 30+ locations. Landlord responsibilities: roof, structure, HVAC, and parking. NOI $120K/yr with 2% annual rent […]
1. Neighborhood Center in Plainfield, IL: 55,073 SF attractive multitenant retail center along Route 59 with 43,235 VPD. Located in the prosperous Chicago metro area with an AHI of $209K/yr. within a 3-mile radius. 89% NNN occupied with a strong tenant mix, including OneMain Financial, Enterprise Rent-A-Car, Smile Care Dental, Vape N Go, Chop’d […]
1. Retail Center in Rio Rancho, NM: 39,685 SF well-maintained retail center constructed in 1988 on a 5.46-acre lot. With multiple points of ingress/egress. Next to a busy retail corridor with 24,000 VPD. Close to Hwy-528. 96% leased. NOI $428K/yr. $5.26M. 8.15% cap. 2. Anytime Fitness in Shreveport, LA: 6,000 SF single-tenant retail […]
Commercial Real Estate 101: SNDA: Subordination, Non-Disturbance, and Attornment. An SNDA is a crucial agreement typically required by lenders when a loan is involved in a transaction. It involves the borrower, most of the tenants, and the lender, outlining the following key points: · Subordination: The new mortgage or lien will take priority over existing leases, even […]
1. Evansville St. Vincent Surgery Center in Evansville, IN: 16,872 SF built-to-suit single-tenant surgical center built in 1994 on a 2.53-acre lot. Features an unusual Standing Seam Metal Roof. Only 3 minutes from Ascension St. Vincent Evansville Hospital. 100% leased until 2027. The landlord is responsible for the roof, walls, foundation, structure, and parking lot. […]