Entries by Maria

03-04: STNL, Grocery Shadow Anchored Centers, Animal Hospitals, MOB, Lithonia Pediatric Dentistry, Walgreens, Touchstone Imaging, Retail Centers

/by

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 […]

02-11: Neighborhood Plazas, MOB, Strip Centers, STNL, Christus Health, Blue River Petcare, Nest School, Goodwill, Fiesta Mart Anchored Plaza

/by

  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 […]

10-29: Walgreens, MOB, Mixed-use Centers, Heartland Dental, Hanger Clinic, Shopping Centers, STNL, Neighborhood Centers

/by

 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 […]

09-25: Evansville St. Vincent Surgery Center, DaVita, Walgreens, MOB, CVS, The Learning Experience, Rite Aid, STNL, Retail Centers

/by

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. […]

02-15: Medical Arts Building, Fresenius, Walgreens, Premier Oral Surgery & Implants, U.S. Renal Care, Mixed-use, Grifols Biomat, IKEA Shadow-Anchored Buildings

/by

    Fresenius Kidney Care in Golden Valley, MN: 7,810 SF 18-stations dialysis center built in 1978 on .95 ac lot. Near North Memorial Health Robbinsdale Hospital. In high-income Minneapolis MSA with an AHI of $120K/yr. in a 1-mile radius. 100% NNN- lease till 2027. NOI $113K/yr. $1.617M. 7% cap. Walgreens in Tacoma, WA: 14,168 […]