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.

1. Walgreens in Bay Point, CA: 14,070 SF Walgreens built in 2011 on 1.43 ac corner lot in middle-class San Fran metro with easy access to main highway 4.  100% NNN lease till 2036.  NOI $558K/yr. Price reduced from $8.9M to $8.659M. 6.45% cap. 
2. Shopping Plaza in San Jose, CA: 11,217 SF retail center built in 2007 on the busy First Street.  In the center of high-tech Silicon Valley with easy access to Hwy 101, I-880, Airport. Area with high barrier to entry.  100% NNN leased to 7 tenants.  NOI $553K/yr.  $9.12M.  6.07% cap.  
3. O’Reilly Auto Parts in Daily City, CA: 4200 SF auto parts store on .28 ac lot at busy corner location close to I-280 in a affluent San Francisco suburb (AII $93K/yr within 3-miles). 100% NNN lease with 8-yrs remaining. NOI $89K/yr with 13.8% rent increase in 3-yrs. $1.56M. 5.75% cap. 
4. Medical Office Building in Canton, OH: 32,160 SF Class-A medical building on 2.64 acres of land close to 800,000 SF Westfield Belden Village Malland I-77. 100% absolute NNN lease till 2026 to NeuroCare Center, Inc, highly trained neurologist and physical medicine and rehabilitation specialists.  NOI $510K/yr with 5.88% rent increase in 2017. $6.182M. 8.25% cap. 
5. Shopping Center in Woodland Hills, CA: 39,867 SF shopping center on over 3 ac corner lot anchored by Smart & Final Grocery.  In prosperous (AHI $127K/yr) Southern CA City and near Fwy-101. 100% NNN leased. NOI $1.42M/yr. $15.95M. 6.5% cap. 
6. Medical Building in Sacramento, CA: 65,000 SF newly constructed medical building close to Methodist Hospital of Sacramento and Hwy-99. 85% NNN leased to long term tenants. NOI $1.24M/yr. $15.5M. 8% pro forma cap. 
7. Retail Center in Bridgeview, IL: 12,500 SF well-located retail center at a corner location in fast growing Chicago suburbs. 100% NNN leased.  NOI $196K/yr. $2.8M. 7% cap.

© Transmercial 2012

1.  Medical Office Building Portfolio in FL: 3 single-tenant medical office buildings in Miami, Lake Worth and For Lauderdale with combined 29,950 SF.  New 10 yrs NNN leases to Chrysalis Heath, leading provider of therapy-based health services for children, adolescents, adults and seniors.  NOI $336K/yr. $4.2M. 8% cap. Also avail for individual sale. 
2. Valero Gas Station in San Jose, CA: 3-tank 1363 SF Valero gas station on .46 ac lot with 2-bay mechanic shop in high income (AHI $121K/yr in 1 mile) area with very high barrier to entry.  70K gallons/month, $4K/month for quick mart, and $25K/month for repair shop. $1.85M. 
3. Retail Center in Van Nuys, CA: 5767 SF retail center built in 2004 on .45 ac corner lot in area with over 700K residents within 5 miles.  87% NNN lease with1 small avail unit (in lease negotiations).  NOI $181K/yr. $2.4M. 7.55% cap. 
4. David’s Bridal in Salina, KS: 8000 SF single-tenant retail center on an outparcel to 486,000 SF mall anchored by Sears, JC Penny and Dullards.  100% NNN lease to David’s Bridal (S&P B/stable) with 3 yrs left. NOI $117K/yr with annual rent bump. $1.342M. 8.75% cap. 
5. Shopping Plaza in San Jose, CA: 11,217 SF retail center built in 2007 on the bust First Street.  In the center of high-tech Silicon Valley with easy access to Hwy 101, I-880, Airport. Area with high barrier to entry.  100% NNN leased to 7 tenants.   
6. Strip Mall in Lodi, CA: 5935 SF strip mall built in 1988 on .36 ac corner lot across from Lakewood Mall in San Joaquin Valley.  100% NNN leased to 5 tenants.  NOI $98K/yr. $1.42M. 6.92% cap.

© Transmercial 2012

• 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 San Jose, CA: 21,240 SF shopping center on 1.9 ac lot on busy Alum Rock Ave with easy access to Hwy 101 & I-680.  100% NNN leased to 15 tenants.  NOI $491K/yr. $6.99M. 7% cap.  
2. Apartments in Clearwater, FL: 184-units 2-story spacious and well maintained apartment complex on 11.21 acres of land close to main roads, shopping centers and Morton Plant Hospital.  NOI $666K/yr. $9.1M. 7.32% cap.   
3. Restaurant in Sunnyvale, CA:5170 SF single-tenant Japanese Sushi restaurant on .66 ac lot on El Camino Real, a prime commercial corridor in Silicon Valley (AHI $113K/yr within 3-miles.  100% NNN lease. NOI $170K/yr. $2.35M. 7.25% cap.   
4. Napa Auto Parts in Lakewood, CO: 22,166 SF auto parts store renovated in 2008 in densely populated and middle-class Denver area. New 10-yrs NNN- corp lease. NOI $135K/yr with 10% rent increases every 5-yrs. $1.862M. 7.25% cap.   
5. Pep Boys in Houston, TX: 6966 SF auto parts store renovated in 2011 on .69 ac lot with excellent visibility in fast growing area. Brand-new 10-year NNN- corp lease. NOI $100K/yr with 15% rent bump in 1^st option. $1.428M. 7% cap.   
6. Advance Auto Parts in Arnold, MO: 7000 SF well-performing auto parts store constructed in 2000 on over 1 ac lot in St. Louis metro. 10-yr NNN- corp lease. NOI $99K/yr with increases in options. $1.176M. 8.5% cap .
7. Medical Office Building in Clearwater, FL: 12,620 SF Class-B newly constructed single-tenant medical office building minutes from Morton Plant Hospital. 100% NNN lease. $2.495M. 9% cap.
8. Centennial Fine Wine & Spirits in Fort Worth, TX: 7800 SF liquor store on 2.55 acres lot in fast growing (15.28%) and well-off (AHI $93K/yr) area in close proximity to I-30. 100% NNN lease with 13 yrs left to Centennial Fine Wine & Spirits, a strong regional tenant with 70 stores in Dallas metroplex. NOI $219K/yr. with 10% rent bump every 5 yrs.  $2.838M. 7.75% cap.   
9. Shopping Center in Staten Island, NY: 21,000 SF shopping center in high income area. NOI $199K/yr. $2.85M. 7% cap.  

© Transmercial 2012

1. Advance Auto Parts in Lincoln, NE: 7000 SF retail building constructed in 2008 on .87 ac lot at a signalized location and close to Bryan LGH Medical Center. 100% NNN- lease till 2023. NOI $127K/yr. $1.818M. 7% cap.   
2. Shopping Center in Colton, CA: 108,398 SF shopping center built in 1992 on 8.47 ac lot close to I-215. Anchored by 99 Cents Only Storeand Ross Dress for Lessand next to Wal-Mart Supercenter. 85% leased to national/regional tenants. NOI $1.419M. $18.6M. 7.63% cap.  
3. Burger King in North Canton, OH: 3545 SF fast-food restaurant on 1.37 ac lot next to I-77. In wealthy (AHI $100K/yr within 1-mile) Akron suburbs. New 10-yr absolute NNN lease to Carols Corp.,  the largest Burger King franchisee. NOI $93K/yr. $1.248M. 7.5% cap.   
4. Strip Center in Reseda, CA:5880 SF well-maintained strip center on .42 ac lot in densely populated Los Angeles area.  100% leased. NOI $93K/yr. $1.39M. 6.74% cap.  
5. Sports Authority in Wichita, OK: 52,259 SF single-tenant retail center built in 1994 on 5.63 acres. Close to Bradley Fairpremier center & in well-off (AHI $81K/yr) neighborhood. 100% NNN lease with 5 yrs left. NOI $562K/yr. $5.36M. 10.50% cap.   
6. Romano’s Macaroni Grill in Hoffman Estates, IL: 8458 SF Italian Restaurant on 1.94 ac lot near St. Alexius Medical Center and I-90 in Chicago suburbs. 100% absolute NNN corp lease with 17½ yrs remaining. 2% annual rent bump. $2.43M. NOI/Cap not avail.   
7. Strip Center in Plainview, NY: 7171 SF 4-yr old strip center on .63 ac lot near Plainview Hospital and Hwy-135. In prosperous (AHI $128K/yr within 1-mile) area on Longs Island. 100% NNN leased. NOI $209K/yr. $2.999M. 7% cap.   
8. Medical Office Building in Sugar Land, TX: 33,000 SF newly constructed medical building next to Methodist Hospitaland Fist Colony Mall.  Right off of Hwy-59. Affluent Houston suburbs with AHI of $124K/yr in 3 miles. 95% NNN leased to multiple tenants. $10.5M.   
9. Retail Center in Las Vegas, NV: 12,000 SF retail center built in 1998 on over 1 ac lot at a signalized intersection and across from Vons anchored center. NOI $100K/yr. $1.3M. 10% cap.  
10. Strip Center in San Antonio, TX: 12,231 SF strip center surrounded by national tenants: HEB, Target, Home Depot and next to I-37. 100% leased to FedEx/Kinko’s, State Farm, LabCorp, and more. 7.60% cap. Price/NOI not disclosed.  

© Transmercial 2012

1. Walgreen’s in Lithonia, GA: 15,120 SF pharmacy built in 2001 on over 2 ac lot at a signalized intersection in fast growing & high income Atlanta metro. Across from Kroger and Dollar Tree anchored center. 100% NNN- lease till 2021. Store with over $6.34M in sales. NOI $332K/yr. $4.292M. 7.75% cap.  
2. Shopping Center in Melbourne, FL: 21,100 SF 4-yrs old shopping center with large monument sign and near I-95 in growing/middle-class coastal town. 70% leased. NOI $142K/yr. $1.995M. 7.14% cap. Huge potential!  
3. Strip Center in Minneapolis, MN: 7038 SF newly-renovated strip center on .39 ac lot near I-35W. 100% NNN leased to 5-tenants. AHI of $114K/yr in 1 mile. NOI $115K/yr. $1.315M. 8.75% cap.  
4. Mix-Used Center in Fair Oaks, CA: 10,506 SF well-maintained office/retail center built in 1990 on .86 ac corner lot along busy blvd in growing upper middle-class Northeast Sacramento. 83% leased. NOI $100K/yr. $1.4M. 7.13% cap.   
5. Shopping Center in Fort Worth, TX: 33,120 SF in-line shopping center on 2.79 acres of land next to I-20. 78% leased to 12-tenants. NOI $135K/yr with 34% below market rents. $1.8M. 7.50% cap.   
6. Strip Center in Manor, TX: 15,438 SF strip center anchored by Anytime Fitness at a corner location in Austin metro. NNN leased with only 1 vacant unit. NOI $304K/yr. $3.25M. 9.36% cap.    
7. Shopping Center in The Woodland, TX: 18,773 SF recently built shopping center on 1.95 ac lot anchored by Memorial Hermann Hospital and across from Super Wal-Wart.  In growing & upscale (AHI $92K/yr within 3-miles) area North of Houston. 100% NNN leased. NOI $431K/yr. $6M. 7.2% cap.   
8. Shopping Center in Fresno, CA: 106,104 SF well-kept shopping center on over 15 acres of land. Anchored by Save Mart, Dollar Tree and Gold’s Gymwith excellent visibility and easy access to Hwy-168. 70% leased. Pro forma NOI $1.276M/yr. $13.8M. 9.25% cap.  

© Transmercial 2012

Announcement: Transmercial will begin offering tenant representation service starting from today.  As you may know, occupancy costs represent a big chunk of expenses for any businesses.  As a tenant representative, Transmercial hopes to use its knowledge about the market to negotiate with the landlords for the lowest rental rate and most favorable terms.  For new leases, the brokerage fee is normally paid by the landlords.  For lease renewals, our fee is contingent on the money you save and hence no savings, no fees!  And so, you have nothing to lose.  To avoid conflict of interest, Transmercial will only represent either landlord or tenant for a property.  This means If we already represent the landlord as the property manager, we cannot also represent the tenants.

To understand why you need a tenant representative, see the attached “Why Use A Tenant Representative” article.

1.  Advance Auto Parts in Theodor, AL: 6783 SF retail building constructed in 2006 on 1.02 ac outparcel.  Shadow-anchored by Food World supermarket and near I-10 in Mobile suburbs. 100% NNN- leased till 2021 with  landlord responsible for only the structure. NOI $84K/yr. $1.212M. 7% cap.   
2. Office Building in Lutz, FL: 11,500 SF Class-B newly constructed office building next to Hwy-54 in middle-class Tampa suburbs. 100% NNN leased to 3 tenants. NOI $171K/yr. $1.9M. 9% cap.   
3. Retail Building in Antioch, CA: 7008 SF retail building with national tenants: Chase & Jamba Juice.  Shadow-anchored by high-volume Safeway at dominant hard corner location. 100% leased. NOI $290K/yr. with Chase paying 78% of the total.  $4.155M. 7% cap.   
4. Strip Center in Lewis Center, OH: 6890 SF high-quality construction strip center on 1.52 acres in growing and wealthy (AHI $105K/yr) Columbus metro. Across from Michaels and Marshals with excellent visibility from Hwy-23. 100% NNN leased to 4 tenants, 3 of them national: Starbucks, Verizon and Pizza Hut. NOI $184K/yr. $2.242M. 8.25% cap.  
5. Shopping Center in Fairlawn, OH: 41,768 SF shopping center across from 770,000 SF Summit Malland near I-77.  In affluent (AHI $97K/yr) Akron suburbs. 94% NNN leased. NOI $544K/yr. $5.621M. 9.50% cap.    
6. Strip Center in Long Beach, CA: 5760 SF strip center built in 2004 on .43 ac lot at hard corner location in densely populated Los Angeles area.  Across from Trader Joe’s anchored center. 77% NNN leased to 3 tenants with 1 avail unit. Proforma NOI $198K/yr. $2.51M. 7.9% cap.   
7. Neighborhood Center in Tulsa, OK: 104,113 SF shopping center anchored by 45,000 SF Sky Fitness in upscale (AHI $148K/yr. within 1 mile) neighborhood. 92% NNN leased. NOI $646K/yr. $8.78M. 8% cap.   
8. Walgreen’s in Cape Coral, FL: 15,900 SF pharmacy built in 1999 on 1.81 ac hard corner lot across from Publix anchored center in affluent Fort Myers metro. Great location in area with high barrier to entry. 100% NNN lease. NOI $300K/yr. $4M. 7.50% cap.   
9. Retail Center in Southaven, MS: 13,200 SF 5-yrs old retail center adjacent to Southaven Towne Center and South Lake Centre in Memphis suburbs. 100% NNN leased. NOI $225K/yr. $2.65M. 8.50% cap.  

© Transmercial 2012