Welcome new investors.  Transmercial is the only company that offers this list of best properties to invest between $700K to $20M in 50 states.  Each property has a brief description and a flyer (attached).  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 on the market).  Underlined names, if any, indicate safe hyperlinks that you can click for more info.

For a full marketing brochure, please email to maria@transmercial.comand specify the property number.  We may ask you for feedback later for the listing brokers.  If so, please help.

Below are the most commonly used acronyms:

• 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.  Burger King in Bakersfield, CA: 2850 SF restaurant built in 1991 on .68 ac outparcel to a shopping center anchored by Albertson supermarket, Rite Aid, and Dollar Tree.  High income area.  20 yrs absolute NNN lease to a franchisee with 7 units.  NOI $78K/yr with 10% rent bumps every 5 yrs.  Low rent to income ratio of 8%.  $1.2M. 6.5% cap. 
2. Cash America in Charlotte, NC: 7343 SF retail center on 1.2 ac lot at a major intersection and near Eastland Mall. New 10-yrs absolute NNN corp lease. NOI $99K/yr with 10% rent increase in yr 6. $1.287M. 7.75% cap. 
3. Medical Office Building in St. Paul, MN: 33,393 SF renovated medical office building on 2+ ac lot close to United Hospital. 100% absolute NNN corp lease with 16 yrs remaining to Meridian Behavioral Health LLC: profitable behavioral health and chemical dependency treatment provider.  NOI $268K/yr with annual rent increases. $3.18M. 9% cap.   
4. Smokey Bones Bar & Fire Grillin Tampa, FL:6961 SF sit-down restaurant built in 2002 on 1.80 acres between Westfield Citrus ParkMall and Citrus Plaza: anchored by Staples, PetSmart, Bed Bath and Beyond, & Sports Authority. 100% absolute NNN corp lease till 2027. NOI $228K/yr with 1.75% or CPI annual rent increases. $3.5M. 7.5% cap. Brochure upon request.  
5. Applebee’s in Roanoke, VA: 5127 SF casual dining restaurant built in 2007 on 1.44 ac lot outparcel to Lowe’s and Wal-Mart Supercenter along busy thoroughfare. 100% NNN lease. NOI $212K/yr. $2.83M. 7.5% cap.   
6. Walgreen’s in Hesperia, CA: 15,120 SF 24-Hours Walgreen’s built in 2002 on 1.10 ac lot near Desert Valley Hospital. In growing and middle-class Southern CA City. 100% NNN leased to credit tenant. $420K/yr. $6.725M. 6.25% cap.   
7. Family Dollar in San Antonio, TX: 9180 SF newly constructed retail building on 1.12 ac lot  near Fwy-151 in fast growing & high income area. 100% NNN lease. NOI $115K/yr with rare rent increase in yr 6. $1.536M. 7.5% cap.  
8. Strip Center in Clive, IA:8256 SF Class-A retail center built in 2006 on a corner lot anchored by Starbucks & next to I-35/80. In growing and affluent (AHI $181K/yr within 1-mile) Des Moines suburbs. 100% NNN leased. NOI $196K/yr. $2.45M. 8% cap.  
9. Staples & Smart & Final in Reno, NV:50,300 SF big-box retail building constructed in 2009 across from a 500,000 SF planned Power Center. 100% NNN corp leases to Staples and Smart & Final grocery. NOI $906K/yr. $12.5M. 7.25% cap.   
10. Inline Center in Pomona, CA: 7224 SF well-maintained center on .52 ac lot at a busy corner location in densely populated Los Angeles suburbs. 100% NNN leased. NOI $127K/yr. $2.5M. 6.23% cap. 

© Transmercial 2012.

1. R&D Office building in Cupertino, CA: 91,195 SF R&D office building on 5.8 ac lot adjacent to the proposed 3.42 Million SF Apple Corporate Campus in a city with 0%  vacancy for R&D office spaces.  100% NNN leased to Apple, Inc. (market cap of $415 Billion) till 2021.  NOI $1.07M with 3% annual rent bumps.  Low rent of less than $1/SF/month.  Unpriced. 
2. Shopping Center in Elk Grove, CA: 33,979 SF 15-unit shopping center built in 1999 anchored by Big 5 Sporting Goods, Taco Bell and O’Reilly Auto Parts. In well-off (AHI $83K/yr) Sacramento suburbs. 93% leased. Current NOI $547K/yr. $7M. 7.82% cap. 
3. Retail Center in Madison, WI:10,730 SF retail center built in 2001 on 1.44 ac lot across from 918,912 SF West Towne Mall & near Hwy-14/12. 100% leased to national/regional tenants: Starbucks, Scottrade, 2^nd Wind Sports and Stanton Optical. Excellent demographics: growing and high income area.  NOI $208K/yr. $2.475M. 8.42% cap. 
4. Retail Center in Rohnert Park, CA:18,720 SF well-maintained 12-unit retail center on over 3 acres lot  across from Sonoma State University. In growing & high income town North of San Francisco. 90% leased. Tenants include Starbucks, Quiznos and other regional tenants.  NOI $374K/yr. $4.75M. 7.89% Proforma Cap. 
5. Shopping Center in Westminster, CO:95,791 SF recently remodeled shopping center on 11.85 acres of land anchored by Safeway Supermarket in well-off (AHI $91K/yr) Denver metro. 88% NNN leased. NOI $870K/yr. $12M. 7.25% cap. 
6. Retail Buildings in Mesa, AZ:10,270 SF inline retail buildings on over 2 acres lot shadow-anchored by Albertsons Grocery Store at a signalized location close to Fwy-60/202. 100% leased to 6 tenants including Chase Bank, Starbucks, and State Farm. NOI $238K/yr. $2.8M. 8.5% cap. 
7. Shopping Center in North Richland Hills, TX: 29,400 SF shopping center on 2.36 ac lot next to I-820 in Dallas/Ft. Worth metro. 84% leased. NOI $280K/yr. $3.5M. 8% cap.

© Transmercial 2012.

1. Big Lots in Whittier, CA: 35000 SF single-tenant retail center on 3.59 ac lot in densely-populated city in Los Angeles.  Across from 433,000 SF power center anchored by Old Navy, Ralph's, Ross, TJ Maxx and more. 100% NNN lease to Big Lots!  NOI $467K/yr. $7.03M. 6.65% cap. 
2. Apartments in Walnut Creek, CA: 16-unit all 2BR-1BA apartments in affluent Northern CA city (AHI $128K/yr in 1 mile).  Amenities include central air, pool, laundry facility and a management office.  100% occupied.  NOI $163K/yr. $2.64M. 6.2% cap. 
3. Tutor Time in Mooresville, NC: 10,160 SF childcare center built in 2002 on 1.97 ac lot in fat growing and affluent Charlotte suburbs.  100% NNN- lease with 11 yrs left.  NOI $238K/yr. with annual rent bump and minimal landlord responsibilities.  $2.646M. 9% cap. 
4. Retail center in Columbus, OH: 9159 SF retail center on a corner signalized location in front of a Kohl's department store in fast growing & affluent area (AHI $106K/yr in 1 mile).  Tenants include Panera Bread, Massage Envy, China Express. NOI $168K/yr.  $1.986M. 8.5% cap. 
5. Christian Brothers Auto in St Louis, MO: 4922 SF auto service center built in 2008 on .69 ac lot in high income area (AHI $102K/yr).  15 yrs absolute NNN lease to CBA, a growing national tenant.  NOI $146K/yr with 1.5% annual rent bumps. $1.78M. 8.25% cap.

© Transmercial 2012.

1. Firestone Complete Auto Care in Madison, WI: 9000 SF auto repair shop adjacent to West Towne Mallin growing and well-off area with AHI $85K/yr in 1 mile. 100% NNN lease to credit tenant. NOI $221K/yr. $3.158M. 7% cap.   
2. Dollar General (S&P BB+) in Chicago, IL: 9500 SF recently renovated retail building at a hard corner and across from a center anchored by Walgreen’s. NNN- corp lease till 2021. NOI $124K/yr. $1.66M. 7.5% cap.  
3. Retail Center in Bakersfield, CA: 8400 SF inline retail center built in 2000 on 2.74 ac lot anchored by Albertson’s Supermarket along Hwy-58. In growing (91.85% since 2000) & affluent (AHI $130K/yr in 1-mile) neighborhood. 100% NNN leased. NOI $167K/yr. $1.88M. 9% cap.   
4. Rite Aid in La Vergne, TN: 14,564 SF double-dive thru drug store built in 2009 on 1.62 ac lot with 20+% annual sales growth. At hard corner  in Nashville fast growing suburbs. 20 yrs absolute NNN lease with 17+ yrs left. NOI $461K/yr with 10% rent increase in 2019. $5.125M. 9% cap.   
5. Office Building in San Jose, CA: 4194 SF multi-tenant 2-story office building on .41 ac lot next to busy Bascom Ave. In the center of high-tech Silicon Valley with easy access to Hwy-17. Flexible leases with existing tenants. $1.175M. Ideal for owner user.  
6. Office Building in Albuquerque, NM: 12,928 SF newly remodeled office building along busy (25,100 cars/day) Blvd. 65% leased. NOI $133K/yr. $1.486M. 9% cap. Upside potential.  
7. Neighborhood Center in Pearland, TX: 67,241 SF shopping center built in 2009 on 6.60 acres shadow-anchored by 100,000 SF Kroger Supermarket. In fast growing and well-off (AHI $121K/yr in 1 mile) Houston metro. 95% NNN leased. NOI $1.136M. $15.15M. 7.5% cap.   
8. Sam’s Club in Citrus Heights, CA: 113,298 SF retail building on 13 acres of land in fast growing Sacramento suburbs. Long absolute NNN ground lease (sale of land only)) occupied by national tenant. NOI $950K/yr. $15.3M. 6.21% cap. Buyer to assume $7.626M loan at low 4.93% rate.   
9. Strip Center in National City, CA: 12,940 SF strip center renovated in 2006 on 1.35 ac lot adjacent to Wal-Mart Supercenter in densely populated Southern CA city. 100% leased with national/regional tenants: Sprint, Wing Stop, USA Checks Cashed, Mother’s Nutritional Center, H&R Block and Patriot Auto. NOI $333K/yr. $4.75M. 7.03% cap.  

© Transmercial 2012

1. Family Dollar in Jonesboro, GA: 8000 SF recently renovated retail store on 1.10 ac lot in fast growing Atlanta metro. 100% NN corp lease till 2018. NOI $68K/yr with percentage rent. $777K. 8.75% cap.   
2. Corporate Office in Fort Worth, TX: 22,600 Class-A office building on 7.22 acres of land in fast growing area & next to I-35W. 100% absolute NNN corp lease to AUI Contractors: a full service general contractor with  $120M annual sales and $50M work backlog in 2012. This is a sale and lease back in which the seller plans to fund debt relief and to purchase equipment and grow business nationally. NOI $251K/yr. $3.359M. 7.5% cap.   
3. Shopping Center in Homestead, FL: 14,780 SF well-maintained strip center on 1.66 ac lot next to Hwy-1in fast growing South Miami suburbs. 100% NNN leased to long term/established tenants. NOI $241K/yr. $2.6M. 9.3% cap.   
4. Academy Sports & Outdoors in Longview, TX: 5387 SF free-standing retail building conveniently located across from 600,000 SF Longview Mall. 100% absolute NNN corp lease to credit tenant (S&P B) with 10.5 yrs left. NOI $396K/yr. $5.387M. 7.35% cap.   
5. Family Dollar in Lubbock, TX: brand-new 8000 SF Family dollar store scheduled to open May 2012 on .99 ac lot near Fwy-62/82 and Tx-289-Loop N. 100% NNN- corp lease. NOI $119K/yr. $1.493M. 8% cap.   
6. Strip Center in Irving, TX: 10,627 SF recently renovated strip center on 1.14 ac lot close to Baylor Medical Centerand Fwy-183 in Dallas metro. 86% leased. NOI $139K/yr. $1.641M. 8.5% cap.   
7. Retail Center in Champaign, IL: 15,450 SF retail center consisting of two buildings in affluent area with AHI $137K/yr in 1 mile. NNN leased to multiple tenants. Proforma NOI $258K/yr. $2.35M. 11% cap. 
8. Popeye’s in Decatur, GA: 1750 SF fast food restaurant on .87 ac lot next to I-20 exit in Atlanta metro. 20 yrs absolute NNN lease with 12 yrs left to an operator with 32 restaurants.  NOI $66K/yr. $852K. 7.75% cap. 

© Transmercial 2012

1. Spec’s Wine & Spirits in Victoria, TX: 13,469 SF retail building constructed in 1993 at a signalized corner.  Renovated in 2009 plus new roof.  Next to Dollar General, Office Depot and across from Walgreens. 100% NNN lease till 2019 to a growing retailer with 95 locations. NOI $118K/yr. with generous 11.8% rent bump in 2014 and 13% in 2019. $1.531M. 7.75% cap.   
2. Del Taco in Aurora, CO: 2491 SF restaurant built in 2005 on .95 ac lot outparcel to Wal-Mart and Home Depot anchored center. In affluent (AHI $108K/yr in 1 mile) Denver suburbs.  20 yrs absolute NNN lease till 2025 to an operator with 14 restaurants.  NOI $145K/yr with 5% rent increases every 5-yrs. $1.717M. 8.5% cap.   
3. Walgreen’s in Wichita, KS: 15,120 SF pharmacy built in 2001 on 1.66 acres of lot at a hard corner location and adjacent to Prairie Village Shopping Center. Excellent demographics: AHI $92K/yr within 1-mile. 100% absolute NNN corp lease to credit tenant (S&P A+). NOI $450K/yr. $5.86M. 7.75% cap.  
4. Office Building in Louisville, KY: 77,106 SF Class-A office building on 26.70 acres of land close to Ford Motor Company KY Truck Plant with nearly 5600 employees and near I-265. AHI $106K/yr within 1-mile and 27.46% pop growth since 2000. $9.9M. NOI/Cap not avail.  
5. O’Reilly Auto Parts in Childress, TX: 8300 SF auto parts retail building constructed in 2009 across from 62,000 SF Shopping Center anchored by United Supermarkets, Dollar General and Aaron’s. 100% NNN lease to credit tenant. NOI $89K/yr with rent a rent increase in yr-11. $1.1M. 8.18% cap.
6. Medical Office Building in Frisco, TX: 19,627 SF medical office building on 2.17 ac lot in prosperous (AHI $110K/yr within 3-miles) Dallas metro. 60% NNN leased. NOI $220K/yr. $2.2M. 10% cap. Upside potential.   
7. Chuck E. Cheese Restaurant in Oklahoma City, OK: 12,267 SF free-standing building constructed in 2006 on 1.35 ac lot next to I-240. 100% NNN lease till 2020. NOI $107K/yr. $1.337M. 8% cap.    

© Transmercial 2012

1. Shopping Center in Cleveland, TN: 78,900 SF shopping center built in 1990 on 8 acres lot near I-75 in Chattanooga suburbs. Anchored by Food Lion and shadow-anchored by Hobby Lobby.  100% NNN leased. NOI $537K/yr. $5.85M. 9.18% cap.   
2. Advance Auto Parts in Papillion, NE: 7000 SF auto parts single-tenant retail building on .74 ac lot next to busy thoroughfare. In well-off (AHI $96K/yr within 1-mile) Omaha suburbs. 100% NNN- lease till 2022 to credit tenant. NOI $107K/yr. $1.537M. 7% cap.   
3. Jiffy Lubein Bellevue, NE:brand-new 3137 SF auto retail building on .43 ac lot next to Hwy-370 and near Bellevue Medical Center & Fwy-75 in Omaha metro. 20-yrs absolute NNN lease to experienced franchisee operating 450 units. NOI $99K/yr with 10% rent bumps every 5-yrs. $1.17M. 8.5% cap.   
4. Shopping Center in Miami Gardens, FL: 53,370 SF attractive shopping center built in 2005 with diverse & stable tenant mix. At a high traffic and densely populated area. 97% NNN leased. NOI $805K/yr. $9.25M.  8.70% cap.   
5. Retail Buildings in Monterey, CA:4500 SF retail buildings constructed in 1991 at a busy retail location in a high income coastal town. 100% NNN leased to Jiffy Lube and Cypress Studio. NOI $152K/yr. $2.15M. 7.10% cap.  
6. Retail Center in San Antonio, TX: 9850 SF newly constructed retail center on 2.60 acres at a signalized corner location. 100% NNN leased. NOI $236K/yr. $3.3M. 7.15% cap.   
7. USA Discounters in August, GA: 22,560 SF retail building on 3.67 ac lot across from Wal-Mart Supercenter in fast growing Atlanta metro. 100% NNN lease to USA Discounters, a growing retailer with over 20 locations. NOI $180K/yr. $2.125M. 8.5% cap.   
8. Retail Center in San Mateo, CA: 13,639 SF retail center on over 1 acre lot shadow-anchored by Walgreens in a wealthy city in south of San Francisco (AHI $109K/yr).  100% NNN leased. NOI $390K/yr. $6.5M. 6% cap.  
9. ALDI in Rock Island, IL:18,788 SF recently grocery store on 1.63 acres in growing & middle class area.  20-yrs NNN lease to Aldi, an international grocery chain. NOI $101K/yr. with 5% rent bump every 5 yrs.  $1.594M. 6.35% cap.  
10. Office Building in Colorado Springs, CO: 58,064 SF Class-A office building near I-25. 87% leased. NOI $676K/yr. $7.35M. 9.21% cap.  

© Transmercial 2012

Welcome new investors.  Each property has a brief description and a flyer (attached).  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.

For a full marketing brochure, please forward the email to maria@transmercial.com and specify the property number.  We may ask you for feedback later for the listing broker.  If so, please cooperate.

• 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.  Sweet Tomatoes Restaurant in Albuquerque, NM:7240 SF restaurant on .57 ac lot at a busy thoroughfare and close to I-25. 100% absolute NNN corp lease with 12-ys remaining. NOI $168K/yr with 1.25% annual rent increases. $2.17M. 7.75% cap. 
2. Retail Center in Fort Worth, TX: 16,319 SF newly constructed retail center on 1.73 acres of land anchored by Chipotle and AT&T across from 147,000 SF Ridglea Plaza anchored by Stein Mart, Tom Thumb, Dollar Tree, and Tuesday Morning. In fast growing and middle-class area. 100% NNN leased. NOI $468K/yr. $5.935M. 7.9% cap. 
3. 24-Hour Fitnessin Fort Worth, TX: 37,500 SF fitness center built in 2008 on 6.43 acres at dominant retail location and adjacent to Landmark Quebec (300,000 SF center anchored by Starplex Cinemas). 100% NNN- corp lease till 2024. NOI $750K/yr with 12.5% rent increases ever 5-yrs. $8.825M. 8.5% cap. 
4. Strip Center in Atlanta, GA: 10,800 SF attractive strip center on over 1 ac lot with in an affluent (AHI $164K/yr) & fast growing area. NNN leased to multiple tenants. NOI $254K/yr. $2.825M. 9% cap. 
5. O’Reilly  Auto Parts in Stockton, CA:7000 SF well-maintained auto parts store on 1 ac lot across from Super Wal-Mart. 100% absolute NNN corp lease till 2023. NOI $88K/yr. $1.47M. 6% cap. 
6. Strip Center in Rocklin, CA: 9400 SF strip center built in 2002 at highly visible location next to Expy-65 and close to Galleria at Roseville in Sacramento suburbs.  Strong demographics: high growth and high income.  100% NNN lease. $3.3M. NOI/Cap not avail. 
7. Shopping Center in O’Fallon, MO: 24,638 SF shopping center constructed in 2005 on 3.70 acres with good tenant mix and along main corridor in Saint Louis metro. AHI of $97K/yr in 1 mile and 70% pop growth since 2000.   NNN leased.  NOI $319K/yr. $3.55M. 9% cap. 
8. Medical Office Building in The Woodlands, TX: 8414 SF 2-story newly constructed medical office building next to I-45 and near The Memorial Hermann Hospital in wealthy (AHI $112K/yr) Houston metro. 100% NNN leased to 3 medical tenants: Nexus Specialty Hospital, Sleep Center and a Dentist. NOI $159K/yr. $1.85M. 8.6% cap. 
9. Retail Center in Shawnee, KS: 13,430 SF multi-tenant retail center built in 2006 next to busy corridor & near The Home Depot, Target, Lowes and Wal-Mart. Strong demographics: fast growing middle class Kansas City metro.100% leased.  NOI $309K/yr. $3.914M. 7.9% cap. 
10. Retail Center in Worthington, OH: 8957 SF retail center on 1.60 ac lot anchored by Starbucks Coffee and across from The Worthington Square Mall in affluent Columbus metro. 100% leased. Tenants include Starbucks, COSI, ImmediaDent urgent dental care, T-Mobile, and Jimmy Johns. NOI $255K/yr. $2.75M. 9.3% cap.

© Transmercial 2012

Advisory: A California lender just gave me for a couple of quotes for a multi-tenant shopping center in CA.  This lender can go a 65% LTV, 5 yrs fixed rate at 4.04% and 10 yrs fixed at 4.93%.  If you have an account with this lender, the rate may be even lower.  These are record low rates that I have not seen before.  It makes investment in NNN commercial properties now more attractive. And so, it’s a good time to buy.

1. Carl’s Jr. Restaurant  in Laredo, TX: 3913 SF restaurant built in 2005 on .87 ac lot across from Doctor’s Hospital of Laredo . In very fast growing (233.18%) and well-off (AHI $90K/yr) area. 100% NNN lease till 2020 to an experienced franchisee with 100+ units. NOI $85K/yr. $1.259M. 6.75% cap. 
2. Strip Center in Van Nuys, CA: 4260 SF well-maintained strip center along main corridor with high barrier to entry. In densely populated area and near I-405. 100% NN lease to 3 tenants in which 2 of them have been at this location for 10+-yrs. NOI $112K/yr. $1.495M. 7.5% cap. 
3. Retail Center in Los Angeles, CA: 11,346 SF 3-yrs old retail center with gas station on .81 ac lot anchored by Valeroat a signalized location and near I-105/110. 100% NNN leased to 8 tenants. NOI $361K/yr. $4.34M. 8.33% cap. 
4. Medical Office Building in Prescott, AZ: 19,529 SF 2-story medical building constructed in 2002 on 1.37 acres across from Yavapai Regional Medical Center. 78% leased to 4 medical tenants: DaVita, Quest Labs, Dentist and a doctor. Current NOI $235K/yr. $3M. 7.84% cap. Upside potential when fully leased.
5.  Big Lots in Whittier, CA: 35,000 SF retail building on 3.59 acres of land next to Fresh & Easy and across Power Center anchored by Ralph’s and JT Maxx. 100% NN lease to national tenant (S&P BBB). NOI $467K/yr. $7.3M. 6.65% cap.  
6. Strip Center in Houston, TX: 8654 SF strip center on 1.5 ac lot along Pkwy-249 (40K+ CPD).  NOI $212K/yr. $1.45M. 8.35% cap.   
7. Medical Office Building in Boise, ID: 7664 SF medical building on 1.15 ac lot across from Saint Alphonsus Regional Medical Center and close to I-184.  100% NNN lease with 6 yrs left to Primary Health Pediatrics. NOI $110K/yr with 2% annual rent increases. $1.524M. 7.25% cap.   

© Transmercial 2012

1. 7-Eleven in Denver, CO: 3010 SF convenience store at a signalized intersection & in densely populated area with significant barriers to entry.  Absolute NNN corp lease till 2028. NOI $110K/yr. with 10% rent increases every 5 yrs. $1.833M. 6% cap. 
2. Medical Office Building in Memphis, TN: 16,704 SF medical building close to several hospitals and I-240. New 10-yrs NNN- lease to BHG, center providing opioid addiction treatment services, including pharmaco-therapeutic maintenance and detoxification services. NOI $87K/yr with 5% rent increase in yr 6. $1.29M. 8.50% cap.   
3. Retail Center in Crete, IL: 10,200 SF retail center at highly visible location in growing Chicago metro and close to Frw-394. 100% NNN leased to 5 tenants, 3 of them medical/dental. NOI $130K/yr. $1.37M. 9.52% cap.  
4. KFC Restaurant in Charlotte, NC: 2835 SF recently remodeled restaurant on over 1 ac lot on main road. New 20 yrs NNN lease to an experienced franchisee. NOI $80K/yr with 10% increases every 5-yrs. $1.1M. 7.25% cap.   
5. Office Building in Sioux Falls, SD: 8384 SF office building constructed in 2005 close in I-229 in growing and middle-class area. 100% NNN leased to 2 tenants: Walgreens (district office) and University Financial Corporate. NOI $101K/yr. $1.2M. 8.49% cap.   
6. Famous Dave’s BBQ Restaurant in Simi Valley, CA: 6950 SF restaurant on 1.05 ac lot shadow anchor by Lowe’s, Best Buy & Baby R’ Us, Next to Fwy-118 & in wealthy (AHI $104K/yr within 3-miles radius) Los Angeles suburbs. Close to Simi Town Center mall.  100% NNN lease till 2026 to Famous Dave’s, a national chain with 180 locations. NOI $224K/yr. $2.8M. 8% cap.   
7. Shopping Center in Hattiesburg, MS: 45,927 SF shopping center anchored by TJ Maxx and shadow-anchored by Hobby Lobby. Across from Turtle Creek Malland next to Fwy-98. 100% NNN leased. NOI $416K/yr. $5.5M. 8.24% cap.  
8. Medical Building in Dallas, TX: 5945 SF senior care medical building constructed in 2003 close to I-30/45. 100% leased. NOI $129K/yr. $1.7M. 7.6% cap.  
9. Apartments in San Jose, CA: 20-units recently upgraded apartments in close proximity to shopping centers, San Jose City College, Santa Clara Valley Medical Center and I-280. 100% occupied. NOI $248K/yr. $2.885M. 8.6% cap.  

© Transmercial 2012.