Monday, October 23, 2006

Eau Claire Business Center: 1218 McCann Drive, Altoona, Wisconsin 54720

Minimum Investments Starting At $225,000.00

Eau Claire Business Center

Property Information:

  • Property Name: Eau Claire Business Center
  • Rentable SqFt: ± 58,000.00
  • Purchase Price: $7,320,000.00
  • Price per SqFt: $126.21 /sqft
  • Equity: $7,320,000.00
  • Loan Amount:
  • Loan-to-Value: %
  • Percent Occupied: 100.00%
  • Type: Two-story, office/flex building

Property Description:
The Property is located within the Altoona Business Park, a scenic 29-acre park that is bordered by a wooded ridge, and overlooks the 80-year old Hillcrest Golf and Country Club, an 18-hole private golf course. Eau Claire County is located in the heart of West Central Wisconsin, near the confluence of the Chippewa and Eau Claire Rivers. Altoona is approximately 80 miles east of Minneapolis/St. Paul, Minnesota.

Top Tenants by Total Rent:
Completed in 2000, the Building is approximately 58,000 square feet and resides on approximately 7.8 acres of land. The Property is currently 100% occupied by the National Business Institute and Institute for Paralegal Education (NBI).

Please contact me for a full marketing brochure and further information regarding this investment.

Wednesday, October 11, 2006

Class A Power Center: Bryant Square Center - Edmond, Oklahoma

Minimum purchase: $300,000
It doesn't get better than this: An opportunity to invest in a credit-tenant, class A power center in Edmond, Oklahoma. Bryant Square Center offers the following highlights:
  • Anchored by Bed, Bath & Beyond, Old Navy, Petco, Stein Mart, Ross Dress for Less and CVS Pharmacy
  • Located 14 miles north of the Oklahoma City Central Business District at one of the busiest intersections in Edmond, Oklahoma (Source: City of Edmond)
  • Heavily trafficked retail intersection recently enhanced by the additions of three major retailers across the street (Super Target, Lowes, and Wal-Mart)
  • 7.19% CAP rate (approx.)
  • 7.31% year one cash-on-cash yield (pro forma)
  • 7.81% - five-year average yield (approx.)
  • 8.67% - ten-year average yield (approx.)
  • Built in 1975; renovated 1991 & 1994
The Property is located at 308 South Bryant Avenue, Edmond, Oklahoma 73034, and is 14 miles north of the Oklahoma City Central Business District at the southeast corner of South Bryant Avenue and East 2nd Street. It is situated on a 28.58-acre corner site and contains 273,969 square feet of gross leaseable area within eight buildings. The land area on which the Property sits surrounds a separately owned, Chase Bank branch facility.

The Property was built in 1975 and served as the largest shopping center in Edmond until 2000, when the Wal-Mart Neighborhood Market anchored-center, University Village, was completed across the street. In addition, University Plaza opened in 2000 with Super Target and Lowes as anchors. This intersection is an established retail location that has been enhanced by the recent additions of these two centers, neither of which is a part of the Property.

The key anchor tenants at the Property include Bed, Bath & Beyond, Hancock Fabrics, Old Navy, Petco, Ross and Stein Mart. The Property benefits from the additional consumer draw associated with the three major retailers located across the street (Super Target, Lowes and Wal-Mart) and the complementary retail and restaurant space within these newer adjacent centers, which are not a part of the Property. With a relatively new anchor lineup, the Property ranks as a Class-A retail destination. It is located at a large intersection in one of Oklahoma City’s best trade areas and is well maintained with recently updated facades. In addition, numerous new residential developments continue to have a positive impact on this retail trade area.

Act fast on this one as positions will go quickly. Please contact me for a full marketing brochure and further information regarding this investment.

Thursday, October 05, 2006

Raw Land: Windhaven West - Carrollton, TX

Min. Purchase: $100,000.00
Purchase Price: $2,950,000.00

Property Description:
Here's an exciting land opportunity in Carrollton, Texas, located in the midst of one of the fastest growing metropolitan areas of the United States, the northern suburbs of Dallas, Texas. This land opportunity consists of 11.843 gross acres of land, and is surrounded by development and expanding road ways. The land is zoned highway commercial, and there are favorable area comparables.

Please contact me for a full marketing brochure and further information regarding this investment.

Retail Complex: Camden Village - Alpharetta , GA

Min. Purchase: $175,000.00
Max Purchase: $500,000.00
Loan-to-Value: 50.00%

Property Information:
  • Property Name: Camden Village
  • Rentable SqFt: ± 30,975.00
  • Purchase Price: $11,116,000.00
  • Price per SqFt: $358.87 /sqft
  • Equity: $5,558,000.00
  • Loan Amount: $5,558,000.00
  • Loan-to-Value: 50.00%
  • Percent Occupied: 88.07%
  • Type: Three building, single-story retail complex

Property Description:
Camden Village is a high-quality, lifestyle center located in Alpharetta, Georgia. Alpharetta has become the residential location for corporate executives, spurring a major residential boom in the area. Camden Village is surrounded by newer, high-end residential subdivisions including the Country Club of the South. The current average household income is approximately $145,000 within a one mile radius.

Top Tenants by Total Rent:
Camden Village is currently 88.07% occupied with 12 tenants. The noteworthy leaseholders include Bia’s Pizza Kitchen & Café, Marlow’s Tavern, Red Twig, and the New York Butcher Shop.

Please contact me for a full marketing brochure and further information regarding this investment.

Retail Complex: The Arbors at Mallard Creek - Charlotte , NC

Minimum Investments Starting At $200,000
Property Information:
  • Property Name: The Arbors at Mallard Creek
  • Rentable SqFt: ± 17,535.00
  • Purchase Price: $6,270,000.00
  • Price per SqFt: $357.57 /sqft
  • Equity: $6,270,000.00
  • Loan Amount:
  • Loan-to-Value: %
  • Percent Occupied: 92.47%
  • Type: Three building, single-story retail complex

Property Description:
The Arbors at Mallard Creek is a brand-new, three building retail center located in vibrant Charlotte, North Carolina. The Property is positioned within a 151 acre mixed-use development that includes residential, office, and retail. The Property is also located directly across from the University Research Park.

Top Tenants by Total Rent:
The Arbors at Mallard Creek is currently 92.47% occupied with 10 tenants. The noteworthy leaseholders include Starbucks, Quizno’s, and Liberty Tax Service.

Please contact me for a full marketing brochure and further information regarding this investment.

Wednesday, October 04, 2006

Clock is Ticking on 2 Excellent 1031 Exchange Opportunities

Time's running out for you to take advantage of two excellent 1031 exchange properties in Las Vegas - the Bridger Law Building and Hualapai Plaza.

Hualapai Plaza will be closing on approximately 10/15/06 and there are just TWO positions remaining. The minimum equity investment starts at $250,000 for this property which offers 7.25% cash-on-cash return for 1 year, 8.15% cash-on-cash return for 5 years, and a 7.47% cap rate.

Only FOUR positions are available in the Bridger Law Building, which will close on 10/15/06 as well. This property features a 6.4% cap rate with minimum equity positions starting at $500,000.

If you're in the market for a 1031 exchange, I would seriously urge you to check into these properties (or any other properties on this blog for that matter), and contact me for a .pdf summary of the properties you're interested in.