DaVita in Concord, CA: 17,267 SF brand new DaVita Dialysis Center on 1.52 ac lot in high income Contra Costa County with an AHI of $102K/yr. in a 3-mile radius. With easy access to I-680 and Hwy-242. New 15-year corp lease. NOI $897K/yr. with rent increases every 5 years. $19.309M. 4.65% cap. Rite Aid in Kettering, OH: 11,335 SF attractive drive-thru drug store built in 1997 on 1.24 ac …Read More
02-19: Dollar General, Medical Buildings, Professional Buildings
1. MOB in Stockbridge, GA: 14,907 SF well kept multitenant medical building completed in 2000 on 1.13 ac lot in fast growing and high income Atlanta MSA. 90% NNN leased to Every Woman’s OB/GYN, Northside Hospital, Fusion Autism Center and Image Link. Adjacent to Piedmont Henry Hospital. NOI $247K/yr. $3.415M. 7.26% cap. Upside potential when fully leased. 2. Professional Building North Las Vegas, NV: 7,189 SF attractive professional building …Read More
02-02: KinderCare, Walgreens, Medical & Professional Buildings, Rite Aid, Strip Centers
1. Walgreens in Augusta, GA: 14,848 SF well maintained single tenant drive-thru pharmacy built in 2003 on 1.85 ac lot at a hard corner location. Close to Doctors Hospital. 100% absolute NNN lease till 2023. NOI $301K/yr. $4.015M. 7.5% cap. 2. Professional Building in Fort Myers, FL: 12,390 SF Class-B multitenant professional building completed in 2006 on over 1 ac lot. 98% leased to professional and medical tenants. NOI …Read More
12-17: DaVita Dialysis Centers, Dollar General, Action Behavior Center, MOB, Shopping Centers
1. Action Behavior Center in Cypress, TN: 9230 SF single tenant mental health clinic built in 2005 in over 1 ac lot in fast growing an high income Houston suburbs. 100% NNN leased till l2027. NOI $176K/yr. $2.5M. 7.05% cap. 2. MOB in Phoenix, AZ: 46,425 SF four-story well maintained medical office building on nearly 3 ac lot. Over $1M in recent improvement including a full renovation of the common …Read More
12-03: MOB, Anchored Neighborhood Centers, Retail Centers, Strip Centers, Medical Condominiums
1. Neighborhood Center in Alpharetta, GA: 102,799 SF attractive retail plaza on over 12 ac lot in affluent Atlanta suburbs with an AHI of $151K/yr in a 3 mile ring. All units face major artery with over 50,000 VPD. 89% leased with excellent tenant mix including 36,000 SF Goodwill, Benjamin Moore, Alpharetta Pediatric and Family Dentistry, State Farm & Starbucks. NOI $1.081M/yr. $13.515M. 8% cap. Upside potential. 2. Retail Center …Read More
11-09: Rite Aid Pharmacy, Family Dollar, DaVita Dialysis Clinic, Walgreens, NAPA Auto Parts, The Learning Experience, Burger King
1. DaVita in Gary, IN: 13,125 SF well maintained dialysis center built in 1992 on .49 ac lot along busy retail corridor in Chicago MSA. 100% NNN- corp lease till 2025 to DaVita with 2,625 locations. NOI $271K/yr with 2% annual rent bumps. $3.879M. 7% cap. 2. Rite Aid in Garden City, MI:11,060 SF attractive Rite Aid pharmacy completed in 2000 on 1.60 ac lot in Detroit suburbs. Close to …Read More
10-02: MOB, Pep Boys, Advance Auto Parts, Jiffy Lube, Retail Centers
1. MOB in Mesa, AZ: 20,489 SF well maintained medical office building completed in 1997 on over 2 ac lot in growing Phoenix suburbs. Close to 342-bed Banner Baywood Medical Center. 100% leased to multiple medical practices. $3.25M. NOI/Cap N/A. 2. Advance Auto Parts in Cleveland, OH: 7,000 SF single tenant auto center built in 2005 on .82 ac corner lot. 15 year NNN- corp lease till 2024 to …Read More
09-24: DaVita Dialysis, Wells Fargo, MOB, Walgreens, Advance Auto Parts, Medical Plaza, Concentra Urgent Care, Family Dollar
1. DaVita in Rockford, IL: 9,920 SF build-to-suit attractive dialysis center completed in 2004 on 1.57 ac lot. Adjacent to 254-bed OSF Saint Anthony Medical Center. IL is a Certificate of Need State (CON). 100% NNN- corp lease with over 13 years left. NOI $200K/yr with 2% annual rent increases. $3.338M. 6% cap. 2. Wells Fargo Bank in San Francisco, CA: 7,574 SF well maintained single tenant retail building on …Read More
09-22: MOB, Rite Aid, Walgreens, Fresenius Dialysis Center, Medical Condo Portfolio
1. MOB in Ocala, FL: 42,763 SF Class-B consisting of seven multitenant medical office buildings renovated in 2018 on 5.58 ac lot. Close to West Marion Community Hospital. With easy access to I-75. 75% NNN leased. NOI $352K/yr. $4.65M. 7.58% actual cap. Upside potential when fully leased. 2. MOB in Downers Grove, IL: 14,369 SF well maintained 2-story multitenant medical office building on over 1 ac lot in high income …Read More
08-18: Surgery Center, Medical Strip, MOB, Family Dollar, Dollar General
1. Surgery Center in Pasadena, TX: 12,144 SF well maintained single tenant surgery center on nearly 3 ac lot in fast growing Houston suburbs. This is a sale leaseback investment. New 15 year absolute NNN lease. NOI $333K/yr with 2% annual rent increases. $4.77M. 7% cap. 2. MOB in Buford, GA: 5331 SF Class-B multitenant medical office building completed in 2000 on .37 ac lot in Atlanta MSA. 100% leased …Read More