1. Shopping Center in Long Beach, CA: 34,647 SF well-maintained 11-tenant shopping center  in densely populated area. 100% NNN leased. NOI $497K/yr. $6.850M. 7.26% Cap. Buyer to assume $3.6M at 5.19% interest. 
2. Retail Center in Las Vegas, NV: 17,347 SF upscale retail center on 1.73 ac lot at a busy corner location with excellent egress/ingress in upper-middle class master planned community.  100% leased to 8-tenants. NOI $572K/yr. $7.152M. 8% Cap.  
3. Office Park in Oceanside, CA: 93,525 SF well-kept office building on 6 ac lot close to I-5 in high income coastal city. 79% leased including secure governmental tenants. NOI $1.042M/yr. $11.85M. 8.80% Cap.  
4. Strip Center in Spartanburg, SC: 7200 SF brand-new strip center across The Home Depot/Wal-Mart in close proximity to Westgate Mall and I-26. 100% leased to 3 tenants including Aspen Dental and Chipotle. NOI $219K/yr. $2.580M. 8.51% Cap.  
5. Office Building in Campbell, CA: 2,022 SF free-standing office building at a corner highly visible location along busy thoroughfare. $749K. Perfect for owner-user.  
6. Strip Center in Auburn Hills, MI: 10,025 SF newly constructed strip center  near the entrance of Oakland University. 100% NNN lease with at least 10 yrs terms. NOI $277K/yr. $3.463M. 8% Cap.  
7. Community Center in Rancho Cucamonga, CA: 22,871 SF shopping center on over 2 ac lot next to Fwy-210 in affluent city (AHI $108K/yr in 1 mile). Anchored by Trader Joe’s. 100% leased. NOI $604K/yr. $8.5M. 7.11% Cap.   
8. Retail Building in Monterey, CA: 2700 SF retail building built in 1991 on .38 ac lot at a busy retail location. 100% leased to Jiffy Lube and Cypress Studios. NOI $152K/yr. $2.150M. 7.10% Cap.  

© Transmercial 2011.

Welcome new investors.  Each property has a brief description and a flyer (attached).  For a full marketing brochure, please email to maria@transmercial.com.  Previous lists are posted on Transmercial’s blog after 2 weeks delay. Please click here to see how Transmercial selects the following properties among 300-400 properties between $700K-$20M on the market today (please advise if you are interested in properties above $20M).  Underlined names if any indicate safe hyperlinks that you can click for more info.

AHI: Avg. Household Income.  National average is about $50+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.

1.  Hardee’s in Knoxville, TN: 3550 SF fast food restaurant on 1.37 ac lot close to The Shops at Turkey Creek, a large upscale shopping mall off of I-75. New long-term absolute NNN corporate lease.  NOI $123K/yr with 10% rent bumps every 5-yrs. $1.646M. 7.5% Cap.   
2. Shopping Center in Washington Township, OH: 49,840 SF attractive shopping center on over 6 ac lot shadow-anchored by Sam’s Club in growing (18.24%) and well-off (AHI $84K/yr) Dayton metro. 100% NNN leased to six national credit tenants. NOI $1,033M/yr. $12.450M. 8.30% Cap.   
3. Hardee’s in Knoxville, TN: 3612 SF free-standing restaurant on 1.50 ac lot at a 4-way intersection along main corridor. New 20-yrs absolute NNN corporate lease. NOI $102K/yr with 10% rent increases every 5-yrs. $1.324M. 7.75%Cap.  
4. Retail Center in Coral Springs, FL: 7815 SF upscale retail center on .82 ac parcel at a main retail corridor. Fast growing and high income area (AHI $81K/yr in 1 mile radius) in Fort Lauderdale metro. 100% leased to three credit/local tenants including Verizon Wireless and FedEx Kinko’s. NOI N/A. $2.8M.   
5. Strip Center in Woodhaven, MI: 9200 SF strip center built in 2006 on an outparcel to Wal-Mart supercenter in high income area. Across from Super Target.  100% NNN leased to national tenants including Five Guys, Great Clips, GameStop and Olga's Kitchen. NOI $192K/yr. $2.06M. 9.34% Cap.   
6. Retail Center in Apple Valley, CA (Parcel #2): 6417 SF retail center outparcel to The Home Depot at a busy signalized intersection. 86% NNN leased to 5 tenants including Taco Bell, Hertz, and US Army with 1 small avail unit. NOI $225K/yr. $1.7M. 13.24% Cap.   
7. Strip Center in Apple Valley, CA (Parcel #1): 16,435 SF 10-unit strip center built in 2007 on 1.84 ac lot outparcel to The Home Depot. 82% NNN leased with 2 small avail units. NOI $386K/yr. $3.7M. 10.45% cap.   
8. Shopping Center in Yakima, WA: 88,580 SF shopping center anchored by well-performing Safeway grocery store near Yakima Valley Community College.  97% NNN leased. NOI $1.070M/yr. $14.010M. 7.64% Cap.   
9. Shopping Center in North Salt Lake, UT: 44,521SF shopping center built in 2006 on 3.15 ac lot at busy thoroughfare near I-15/215. 100% leased to long-term tenants. NOI $443K/yr. $4.485M. 10% Cap.  
10. Retail Center in Carol Stream, IL:8053 SF attractive retail center.  100% NNN leased 4 tenants: Dentist, Chiropractic Office, Hair Studio and Entrée Kitchen. Affluent Chicago suburbs with AHI of $133K/yr in 1 mile radius. 100% leased. NOI $159K/yr. $2.050M. 7.90% Cap.  

© Transmercial 2011

AHI: Avg. Household Income.  National average is about $50+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.

1.    Shopping Center in Maplewood, MN: 16,582 SF shopping center constructed in 2000 on 1.97 ac lot next to Hwy-36 in Minneapolis metro. 91% leased to strong national/local tenants: Chipotle, Sprint, FedEx Kinko’s and Firehouse Subs. NOI $260K/yr. $3.350M. 7.78% Cap.  

2.    Office Plaza in Northbrook, IL: 34,700 SF well-maintained multi-tenant office building close to upscale Northbrook Court Mall, Hwy-41 and I-94 in North Chicago. 89.72% leased to 13-tenants. NOI $285K/yr. $3.435M. 8.32% Cap.  

3.    Medical Building in Yuba City, CA: 13,340 SF recently renovated single-tenant medical building across from Fremont Medical Center Hospital and near Sutter’s Hospital Campus.  100% NNN leased to a subsidiary of Sutter Health. NOI $231K/yr. $2.850M. 8.13% Cap.    

4.    Walgreen’s in Spokane, WA: 14,550 SF drug-store built in 2000 at a corner location. Well-performing store due to limited competition. NNN- corporate lease till 2020. NOI $372K/yr. $4.895M. 7.60% Cap.  

5.    Neighborhood Center in Fayetteville, NC: 66,890 SF multi-tenant center anchored by Food Lion, CVS and Family Dollar next to Lowe’s/Wal-Mart. NOI $579K/yr. $6.625M. 8.75% Cap.  

6.    Retail Center in Kissimmee, FL: 7176 SF retail center across from Valencia Community College-Osceola just 22.2 miles South of Orlando.  90% leased. NOI $96K/yr. $1.2M. 8% Cap.  

7.    Taco Bell in Folsom, CA:2600 SF drive-thru fast food restaurant built in 2007 on .79 ac lot on a pad-site to Sam’s Club next to Hwy-50. Absolute NNN lease till 2027. NOI $113K/yr. $1.850M. 6.20% Cap.  

8.    DaVita Medical Building in Cape Coral, FL: 7411 SF Class-A medical building built in 2005 in high income Fort Myers MSA. 100% NNN leased. NOI $128K/yr with generous 3.5% annual rent increases. $1.765M. 7.5% Cap. 

9.    Shopping Center in Chula Vista, CA: 19,752 SF shopping center on 1.58 ac lot across from Chula Vista Center and close to Scripps Mercy Hosp Chula Vista/I-5. 100% leased. NOI $452K/yr. $5.5M. 8.23% Cap. 

10. Retail Pad in Fresno, CA:10,000 SF three-tenant retail pad between Manchester Mall and Fwy-41. Fully leased to Starbucks, Panda Express and Mexican Restaurant.  13+ years remaining or ground lease (land is for sale). NOI $66K/yr. with up to 10% rent bump every 5 yrs. $1.1M. 6% Cap.   

© Transmercial 2011

1. Shopping Center in Charlotte, NC: 45,909 SF established shopping center on 5.47 acres corner lot in stable area.  Anchored by Food Lion Supermarket.  100% leased.  NOI $323K/yr. $3.5M. 9.25% cap. 
2. Fresenius Dialysis Center in Cheyenne, WY: 7620 SF new dialysis center on 1.18 acres lot. New 15 yrs NNN lease with corp guaranty.  NOI $168K/yr with 3% annual rent bump. $2.328M. 7.25% cap. 
3. Shopping Center in Geneva, IL: 86,782 SF neighborhood center built in 1996 on 7.4 acres lot in affluent (AHI $117K/yr) and fast growing (52% since 2000) West Chicago.  Anchored by Dominique’s grocery (owned by Safeway).  Part of a shopping center co-anchored by Best Buy, Gander Mountain, Dollar Tree and McDonald’s. 100% NNN leased to 3 tenants.  NOI $1.092M.  $14.75M. 7.41% cap.  Buyer to assume $10.885M non-recourse loan at 5.77% fixed till 2017.

© Transmercial 2011

AHI: Avg. Household Income.  National average is about $50+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.

1.  Davita Dialysis Center in San Antonio, TX: 11,022 SF dialysis center on 1.76 acres lot completely remodeled in 2007.  Across from 327-bed Southwest General Hospital.  New 15 yrs NNN lease, guaranteed by Davita, Inc. (S&P BB-).  NOI 205K/yr with 2% annual rent bump.  $3.047M. 6.73% cap. 
2. Carls Jr in Beaumont, TX:2390 SF new Carls Jr on an outparcel to Home Depot on busy hwy 69.  20 yrs absolute NNN lease.  NOI $120K/yr with 10% rent bump every 5 yrs.  $1.555M. 7.75% cap. 
3. Walgreens in Aurora, IL: 13,905 SF Walgreens built in 1997 on 1.6 acres lot at a busy signalized intersection in Chicago suburbs.  20 yrs NNN- lease with 5 yrs remaining.  NOI $235K/yr. $2.937M. 8% cap.  Store with strong sales of $8+M, i.e. profitable.  Recession resistant tenant. 
4. Neighborhood Center in Mesa, AZ: 70,699 SF neighborhood center built in 2005 on 12.24 acres lot next to Superstition Hwy. in fast growing and high income Phoenix metro.  Shadowed anchored by Walmart supercenter.  84% NNN leased, with many national tenants.  Current NOI $672K/yr. $8M. 8.4% cap.  Priced well below replacement cost. 
5. Wendys in Marietta, GA: 2355 SF restaurant on .78 ac corner lot in high income (AHI $86K/yr) Atlanta suburbs.  16 yrs absolute NNN lease to a franchisee with 86 unit and public company (OTC under MHGU).  NOI $63K/yr. with rent 1.5% annual rent bump from 6-th yr.  Just $903K. 7% cap. 
6. Shopping Center in Union city, GA: 101,021 SF shopping center on 10.45 acres lot next to I-85 exit in Atlanta suburbs.  Anchored by 57,036 SF  Kroger supermarket, with 2010 store’s sales of $22+M, Advance Auto, and Chase.  100% NNN leased to 22 tenants.  NOI $1.227M.  Unpriced but expected to trade at 8.5% cap or $14.4M. 
7. Shopping Center in Douglasville, GA: 67,470 SF shopping center built in 2000 on 15.25 acres parcel in middle class Atlanta suburbs.  Anchored by 44,270 SF Publix supermarket with consistent sales revenue of $16+M/yr. in the last 5 yrs.  92% NNN leased to 12 tenants with 4 small avail units.  Current NOI $663K/yr.  Unpriced but expect to trade at 7.5% cap or $8.84M. 
8. Shopping Center in Sacramento, CA: 64,171 SF shopping center on 4.64 acres lot as part of 250,000 SF plaza.  Anchored by 54,128 SF Food Source grocery (owned by Raley’s). 100% NNN leased to 9 tenants.  NOI $540K/yr. $6.59M. 8.2% cap.  Buyer to assume $5.16M non-recourse loan. Strong cash on cash of 10.6%. 
9. Medical Office Building in Holladay, UT: 33,253 SF medical office building on 2.3 acres lot in high income (AHI $88K/yr in 1 mile radius) Salt Lake City metro.  100% leased.  NOI $412K/yr. $4.3M. 9.6% cap.  Just $129/SF. 
10. KFC in Paradise, CA: 2109 SF KFC on 1.24 acres corner lot in Northern CA.  10 yrs NNN lease with 8.5 yrs remaining.  NOI $99K/yr. $1.237M. 8% cap.

© Transmercial 2011.

1. Retail Center in Tucson, AZ: 7343 SF retail center built in 2006 shadow-anchored by Albertson’s grocery near I-10. 65% leased. Current NOI $97K/yr. $1.142M. 8.50% Actual Cap. Upside potential when fully leased.   
2. LA Fitness in Hemet, CA:50,000 SF fitness center built in 2008 on 5.61 ac lot across from Home Depot at densely populated Los Angeles MSA. NNN corporate lease till 2013. NOI $740K/yr with a rent bump in 4/2013. $10.230M. 7.24% Cap.  Buyer to assume $6.75M non-recourse loan at low 5.84% interest.  
3. Strip Center in Aurora, CO:  31,063 SF recently remodeled  strip center shadow-anchored by Big Lots at high traffic retail intersection in Denver metro. 100% leased by national tenants including Dollar Tree, and Aaron’s Appliances. NOI $243K/yr. $2.860M. 8.5% Cap.   
4. Shopping Center in Johnson City, TN: 40,760 SF  4-yr old 15-unit shopping center on 5.28 ac out-parcel to Wal-Mart.97% NNN leased to mostly national tenants: Family Dollar, Verizon Wireless, Gamestop, Radio Shack, Check N go, Sally Beauty, Shoes Show, Cato Fashion, and Great Clips. NOI $525K/yr. $6.1M. 8.62% Cap.   
5. Office Building in Lancaster, CA: 12,200 SF Class-B multi-tenant office building on 1.40 ac lot across from Lancaster Community Hospital. 70% leased to 4 tenants. Actual NOI $101K/yr. $1.199M. 8.10% cap.  Upside potential when fully leased.   
6. Shopping Center in Rancho Cordova, CA: 40,704 SF shopping center shadow-anchored by Fresh & Easy and O’Reilly Auto parts.  Located at a signalized corner location with entrances from 3 different roads in Sacramento metro. Excellent national/regional tenant mix. 64% NNN leased. NOI $405K/yr. Price reduced $1M to $5.4M. 7.50% actual Cap. Upside potential when 100% leased.  
7. Wendy’s in Morrow, GA: 3000 SF restaurant with drive-thru on .88 ac outparcel to Sam’s Club in growing Atlanta metro. New 20 yrs absolute NNN lease to an operator with 21 units in Atlanta.  Store with strong 2010 sales of $1.2M.  NOI $103K/yr with percentage rent clause.  $1.327M. 7.75% cap.  
8. Starbucks Coffee in Houston, TX: 1750 SF retail building constructed in 2008 at highly visible location next to I-45. 100% NNN- lease till 2018. NOI $86K/yr with 10% rent bump in 2013. $1.147M. 7.5% Cap.   
9. Shopping Center in Arvada, CO: 17,142 SF well-maintained 9-unit shopping center on 1.84 ac  signalized corner lot in middle-class Denver suburbs. Anchored by 7-11.  NOI $220K/yr. $2.450M. 7% Cap.  

© Transmercial 2011

1. CVS in Orlando, FL: 13,013 SF drug store with double drive-thru built in 2005 on 1.56 acres lot at the intersection of 2 major arteries.  25 yrs NNN corp lease with 19 yrs remaining.  NOI $376K/yr with rent bumps in options.  $5.185M. 7.25% cap. 
2. Rite Aid in Fort Mill, SC: 14,487 SF drug store on 1.84 acres corner lot in fast growing middle class Charlotte metro.  New 15 yrs NNN lease.  NOI $284K/yr.  $3.35M. 8.5% cap. 
3. Retail/Office Center in Reno, NV: 51,515 SF retail office complex built in 1988 on 4.69 acres corner lot.  77% leased with current NOI of $368K/yr.  $4.6M. 8% cap.  Upside potential when 100% leased. 
4. RSC Equipment Rental in Columbia, SC: 17,270 SF single-tenant retail center on 3.57 acres lot.  10 yrs NNN corp lease to RSC Equipment Rental, one of the largest equipment rental providers.  NOI $120K/yr. $1.2M. 10% cap. 
5. Tuffy Auto in Omaha, NE:3900 SF auto repair center built in 2007 on .63 ac lot in fast growing (195% since 2000) and affluent (AHI $102K/yr in 1 mile radius) city.  20 yrs NNN corp lease to Tuffy with 220 centers.  NOI $111K/yr with 7.3% rent bump in 2013.  $1.369M. 8.15% cap. 
6. Office Building in Wichita, KS:9750 SF office building completed in 2007 on .85 acre lot in prime commercial corridor.  High income and fast growing area.  100% NNN leased to 6 good tenants: dentist, lawyer, insurance company, psychologist, chiropractor and a pre-K academy.  NOI $125K/yr. $1.5M. 8.38% cap. 
7. Bank-owned Office Building in Hillsboro, OR: 31,119 SF 2-story class-A office building constructed in 1999 on 1.15 acres with basement parking in middle class Portland metro.  NOI $354K/yr. $3.85M. 9.2% cap. 
8. Strip Center in La Habra, CA:3500 SF strip center built in 2006 on .4 ac corner at an intersection of 2 major arteries.  High income and densely populated city in Southern CA.  100% NNN leased to 3 tenants.  NOI $95K/yr. $1.428M. 6.63% cap. 
9. Retail Center in Kennesaw, GA:11,400 SF upscale retail center in fast growing  and high income Atlanta suburbs.  Across from Publix Supermarket, and in front of ITT Technical Institute.  100% NNN leased to 6 good tenants: Dunkin Donuts, AT&T, H&R Block, Jet’s Pizza, La Bamba Mexican Restaurant, Elite Beer & Wine.  NOI $255K/yr. $3.295M. 7.75% cap. 
10. Goodyear Auto Service in Kissimmee, FL: 6840 SF auto service center on 1+ acre in growing middle class Orlando. 15 yrs NNN corp lease.  NOI $151K/yr.  Price reduced to $1.795M. 8.5% cap.

© Transmercial 2011.

AHI: Avg. Household Income.  National average is about $50+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.

1.  CVS in Largo, FL: 11,200 SF CVs drugstore built in 1998 on 1.76 ac lot at a hard corner in high income Tampa metro.  25 yrs absolute NNN lease with 12 yrs remaining.  NOI $314K/yr. $4.19M. 7.5% cap. 
2. Family Dollar store in Saint Louis, MO: 8000 SF new Dollar store.  New 10 yrs lease from Feb 2012.  NOI $119K/yr. $1.408M. 8.5% cap.  Recession resistant tenant. 
3. Retail Center in Woodbridge, NJ: 16,872 SF retail center on 1.28 acres lot in high income area.  100% leased to 10 tenants.  NOI $435K/yr. $5.8M. 7.5% cap. 
4. KFC in New Haven, CT:2 KFC restaurants.  20 yrs NNN lease with 15 yrs remaining to a multi-unit franchisee.  NOI $108K/yr. $1.44M. 7.5% cap. (note: not clear if this is the price of 1 or 2 KFCs). 
5. Shopping Center in Fort Pierce, FL: 53,000 SF well-maintained mature shopping center on 5.5 acres lot with 3 entrances/exits on 3 different roads.  New landscape, paint, and resealed parking lot.  80% NNN leases.  NOI $244K/yr. $2.45M. 10% cap.             
6. Strip Mall in Hanford, CA:5705 SF strip center on .77 ac outparcel to a shopping center in a growing town in San Joaquin Valley.  100% leased to 3 national tenants: 7-11 9with gas station), Check N Go, and Papa Pizza.  NOI $132K/yr. $1.65M. 8% cap. 
7. Office Building in Oklahoma City, OK: 35,862 SF class-A build-to-suit office building completed in 1998 on 4.23 acres lot.  New renewal 6 yrs NN corp leased to William Sonoma, a publicly traded company with net worth of $1.2B.  NOI $457K/yr. $4.572M. 10% cap. 
8. Retail Center in Menomonee, WI:63,884 SF retail center on 3 acres lot in Milwaukee metro.  98% leased.  NOI $402K/yr. $3.6M. 11.19% cap. 
9. Centennial Fine Wine & Spirits in Addison, TX: 12,500 SF liquor store on 1.18 acres lot in Dallas metro.  20 yrs absolute NNN corp lease with 15 yrs remaining to Centennial Fine wine & Spirits with 67 stores in Dallas area. NOI $235K/yr. with 10% rent bump every 5 yrs. $3.137M. 7.5% cap. 
10. Medical Office Building in San Antonio, TX: 34,000 SF multi-tenant medical office building on a major artery in affluent part area (AHI $95K/yr in 1 mile radius).  87% leased.  NOI $382K/yr. $4.25M. 9% cap.

© Transmercial 2011.

1. Bojangles restaurant in Fort Mills, SC: 2900 SF Bojangles Chicken & Biscuits franchised restaurant built in 1994 on 1.18 acres outparcel to a shopping center in fast growing middle class Charlotte suburbs. Long term absolute NNN lease.  NOI $85K/yr. $1.133M. 7.5% cap. 
2. Corporate Inn in Sunnyvale, CA: 73-Queen Suites Corp Inn Sunnyvale built in 1999 on 1.4 acres lot in the middle of Silicon Valley with AHI of $114K/yr.  Outdoor swimming pool and Jacuzzi, fitness center, business center.  Avg occupancy of 85%.  NOI and Price not avail.
3.  Arbys in Springfield, IL:2742 SF fast food restaurant built in 2000 on .84 ac lot right next to I-55 exit.  New 20 yrs NNN lease to a franchisee with 36 units.  NOI $102K/yr with 10% rent bump every 5 yrs. $1.316M. 7.75% cap. 
4. Professional Building in The Woodlands, TX:11,800 SF office building on 2/3 acre lot in affluent Northern Houston suburbs (AHI $125K/yr).  100% leased.  NOI $155K/yr. $1.925M. 8% cap. 
5. Lender-owned Retail center in Austin, TX: 7500 SF strip center built in 2005 on .87 ac outparcel to Super Target and Michael’s in fast growing middle class area.  Adjacent to Home Depot, Kohl's, Bed Bath & Beyond and Sports Authority.  100% leased to national tenants.  NOI $164K/yr. $1.95M. 8.45% cap. 
6. Walmart in Fremont, CA: rare 127,345 SF Walmart built in 1988 on 8.7 acres lot with easy access to I-880 in high income Silicon Valley suburbs.  20 yrs NNN lease with 14+ yrs remaining.  NOI $1.25M with 10% rent bump in 2015.  $20M. 6.18% cap.  Buyer to assume $13.7M loan at 5.49% interest.

© Transmercial 2011.

1.  O’Reilly in Peoria, AZ: 7000 SF auto parts across from Lowes in booming (1,287.59%) & well-off (AHI $100K/yr) Phoenix metro. 100% NNN leased to credit tenant till 2023. NOI $140K/yr with 10% rent increases every 5-yrs including options. $2.075M. 6.75% Cap.   
2. Medical Office Building in San Jose, CA: 9460 SF 11-unit established medical office building renovated in 2000.  Just one block from Santana Row and Westfield Valley Fair Mall.  Easy access to I-880 and I-280. 91% leased to mostly medical tenants.  NOI $201K/yr.  $2.199M. 9.27% cap.  
3. Retail Building in Las Vegas, NV: 3500 SF retail building near Mountain View Hospital along major thoroughfare. 100% leased. 8% Cap. Price Not Avail.  
4. Arby’s in Indianapolis, IN: 2820 SF restaurant on .87 ac lot near Washington Square Shopping Center off I-485. 20-year absolute NNN lease to franchisee with 36 units. NOI $78K/yr with 10% rent bumps every 5-yrs. $975K. 8% Cap.   
5. Gold’s Gym in Austin, TX:30,500 SF health and fitness center on 3.22 ac lot across from The Shops at the Galleria power center in affluent (AHI $182K/yr within 1-mile radius) West of Austin. NNN corporate lease with 9-years remaining on original lease. NOI $476K/yr. $5.5M. 8.66% Cap.   
6. Strip Center in Gardena, CA: 14,259 SF well-maintained strip center at a busy corner location with excellent tenant mix in densely populated Los Angeles area. 100% NNN leased. NOI $324K/yr. 4.450M. 7.29% Cap.   
7. Retail Center in Norwalk, CA: 16,719 SF newly constructed upscale retail center on 1 ac lot in infill Los Angeles area near I-5. 100% NNN leased to national/credit tenants.  High income Los Angeles area.  NOI $424K/yr. $7.496M. 7% Cap.  
8. Starbucks in Houston, TX: 1750 SF retail building constructed in 2008 at highly visible location next to I-45. Long NNN- lease till 2018. NOI $86K/yr with 10% rent bump in 2013. $1.147M. 7.5% Cap.  
9. Medical Office in Mesa, AZ: 4224 SF Class- A single-tenant urgent care medical office leased to a credit tenant with 57 locations. NNN lease with 7-years remaining on lease. NOI $96K/yr. $750K. 12.80% Cap.  
10. Office Building in Northfield, IL:13,182 SF beautiful multi-tenant solid brick office building in affluent area (AHI $214K/yr) North of Chicago MSA. 100% leased to four tenants. NOI $161K/yr. $2.02M. 8% Cap.  

© Transmercial 2011.