Tuesday, July 15, 2008

Great NNN Drug Stores Deals in the Western United States

We are currently tracking some really good NNN Drug Store deals in the Western United States. We have tracked some of the top operating drug store company's in the country. Below is a list of some brief detail of this we are currently tracking.

1. Reno, NV- Single tenant Walgreens Listed for $6,600,000 with a cap rate of 6.50%

2. Cottonwood Heights, UT-Walgreens listed for $3,392,000 with a cap rate of 7.00%

3. Glendale, AZ,-CVS Pharmacy listed for $6,596,000 with a cap rate of 6.15%

4. North Las, Vegas-Walgreens listed for $6,720,000 with a cap rate of 6.25%

5. Herriman, UT-Walgreens listed for $5,795,000 wth a cap rate of 6.25%

6. Las Vegas, NV-Walgreens listed for $7,850,000 with a cap rate of 6.75%

7. Colorado Springs, CO-Walgreens listed for $7,799,000 with a cap rate of 6.70%

We also have two really great California NNN Drug Store deals that we are tracking which are extremely great deals.

1. Poterville, CA-Rite Aid listed for $4,700,000 with a cap rate of 6.25%

2. Santa Rosa, CA-Rite Aid listed for $7,557,900 with a cap rate of 6.10%

If you are interested in any of these deals or receiving more information please feel free to contact me mario@interorealestate.com, also if this is out of your price range or are looking for something along different lines I am here to help.

Regional Shopping Mall in North Bend, Oregon FOR SALE

Regional Shopping Mall
North Bend, Oregon
This 351,000 square foot Regional Power Center Mall is located in on Oregon Coast on the main arterial to the interior of the State. Featuring Anchor Tenants Macy's, Ross, Safeway, Sears, JC Penny and Jo-Ann this property features a high degree of credit tenants. This opportunity provides stable cash flow with upside potential. Management has active program to complete all deferred maintenance and property shows price of ownership from private equity Owner Operator.
Investment Highlights
Total Rentable Area: 351,000 Square Feet
Anchor Tenants:
Safeway, Macy's, Ross Dress for Less, JC Penny, Big 5, Jo-Ann Fabrics, Sears
Current Occupancy: 95%
NOI: 1,650,000 June 2008 to July 2009
Vacant Square Footage: 19,000 Square Feet
Please contact me if you have any further questions or would like a marketing package mario@interorealestate.com.