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Buyers & Sellers
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Buyers & Sellers Keegan & Coppin Company Inc. has the listing to sell a 14 490 sq.ft. Walgreens Drug Store on Highway 12 in Santa Rosa CA. The asking price is $5 446 500 at a 7.5% CAP rate. For more information contact Thomas Laugero 1355 North Dutton Ave. Santa Rosa CA 95401; 707-528-1400; Fax 707-524-1419; E-mail: tlaugero@KeeganCoppin.com; web www.KeeganCoppin.com.
McCollom Realty Ltd. has the listing to sell an 8 400 sq.ft. Dollar General-anchored center in North Liberty IN. The asking price is $375 000.The company also has the listing to sell an 8 400 sq.ft. Dollar General-anchored center in Walkerton IN with an asking price of $425 000.For more information contact W.R. McCollom McCollom Realty Ltd. 1010 Lake Street Suite 503 Oak Park IL 60301-1147; 708-383-6450 Fax 708-383-1120; Email: mccollomrealty@aol.com
Jeffrey Realty Inc. has the listing to sell two 20 000 sq.ft. pad sites situated in a Home Depot-anchored center in Howell NJ. The site has 260 parking spaces and totals 21 acres. Area demographics include a population of 80 994 residing within five miles earning a average annual household income of $72 345. The company has also listed a 10 600 sq.ft. site in a 26-acre Home Depot-anchored center in Hamilton NJ. Demographics show a population of 333 216 in a 10-mile radius with an average annual household income of $72 934. Traffic count is 25 580 vehicles per day. For more information contact Patrick J. Delaney Jeffrey Realty Inc. 116 Route 22 East North Plainfield NJ; 908-668-9600 ext. 21; Fax 908-668-5225.
Grubb & Ellis-Martens Commercial Group LLC has the listing to sell an 8 800 sq.ft. restaurant site at 770 East Kellogg in Wichita KS. Area demographics include a population of 160 069 residing in a five-mile radius with an average annual household income of $58 379. The asking price is $550 000. For more information contact Steve Martens or Christina Adams Grubb & Ellis-Martens Commercial Group LLC 435 South Broadway Wichita KS 67202; 316-262-0000 Fax 316-262-0235; Web site: www.martenscos.com.
Bennett Williams Inc. has listing to sell a 6.8-acre parcel near the Galleria Mall in York PA. Area demographics include a population of 110 946 in a five-mile radius with a median annual household income of $47 081. The average daily traffic count is 35 000 vehicles. For more information contact Dave Nicholson or Bobby Traynham Bennett Williams Inc. 135 N. George St. 4th Fl. York PA 17401; 717-843-5555; Fax 717-843-5550.
Sperry Van Ness has the listing to sell the 53 421 sq.ft. Bay Back Center anchored by Irvine Ranch Grocery Market on 164 657 sq.ft. of land in Newport Beach/Costa Mesa CA. The asking price is $7.3 million at a 9.6% CAP rate. The company also has the listing to sell a 26 697 sq.ft. center anchored by Jack in the Box Blockbuster and Subway situated on 134 165 sq.ft. of land in Trabuco Canyon CA. The asking price is $8 800 000 at a 8.9% CAP rate. The company has the listing to sell a 71 040 sq.ft. building anchored by Contractor’s Warehouse in Ventura CA. The asking price is $3 800 000.For information on the Newport Beach/Costa Mesa property contact Reza Etedali or Mehran Foroughi 949-250-4100. For information on the Trabuco Canyon property contact Barbara Sykes Fouy Ly or Reza Etedali 949-250-4100. For information on the Las Vegas property contact Dario Francheschi 702-914-2200 or Michael Boscia 702-614-4758. For information on the Ventura property contact 805-644-6700.
Sigma National Inc. has listing to sell an 18-acre parcel of land located near the Hanover Village Shopping Center in Mechanicsville VA. Area demographics include a population of 94 600 in a five-mile radius earning an average annual household income of $38 450. For more information contact Tred Spratley (ext. 320) or Ed Jennings (ext. 301) Sigma National Inc. 7400 Beaufont Springs Dr. Suite 510 Richmond VA 23225; 804-320-6100; Fax 804-320-6660.
The Weitzman Group is listing for sale a 1.4-acre site located near Wal*Mart at the intersection of Interstate 75 and F.M. 120 in Denison Texas. Traffic count is 70 019 vehicles per day and demographics show a population of 71 226 within a 10-mile radius with an average household income of $42 509. The company has listed for sale a restaurant/retail pad site at the Allen Premium Outlets in Allen TX. Demographics show a population of 367 098 in a five-mile radius with an average annual household income of $85 298.For more information contact The Weitzman Group 3102 Maple Ave. Suite 350 Dallas TX 75201; 214-954-0600; Web site: www.WeitzmanGroup.com.
Draper and Kramer has the listing to sell an 80 000 sq.ft. parcel located on the corner of 147th Street and Dixie Highway in Harvey IL. Area demographics include a population of 106 226 in a three-mile radius with an average annual household income of $49 600. The asking price is $560 000. For more information contact John J. Fegan Draper & Kramer 312-795-2292; E-mail: feganj@draperandkramer.com.
Prime Commercial Inc. has the listing to sell two single-tenant buildings in Murray UT. The Bagelry with 2 600 sq.ft. and LaSalsa at 1 798 sq.ft. have both been newly remodeled and and are located near Fashion Place Mall Shopko Linens N Things Big 5 Sporting Goods Barnes & Noble and Burlington Coat Factory. Area demographics include a population of 348 518 residing within a five-mile radius earning an average annual household income of $49 459. The company also has the listing to sell 0.67 acres in West Roy UT. Area demographics include a population count of 151 766 in a five-mile radius with a median annual household income of $52 215. Traffic count is 103 836 vehicles per day. The asking price is $640 000. Also available is a 33 acre parcel in West Jordan UT. Area demographics includes a population of 262 141 in a five-mile radius with an average annual household income of $58 613. The average daily traffic count is 18 703 cars. The sale price is $75 000 per acre. For more information on the Murray property contact Stuart Thain 6900 South 900 East Suite 100 Midvale UT 84047; 801-561-5800; Fax 801-561-8900; E-mail sthain@primeslc.com. For information on the West Roy Property contact Tim Simonsen or Greg Pavich 801-561-5800. For information on the West Jordan property contact Errol Childs 801-561-5800.
Meijer Property has the listing to sell a 43-acre parcel in Anderson IN. Demographics include a population of 74 185 with a median annual household income of $37 652. The company also has 19.23 acres available in Dayton OH. The asking price is $1.5 million. Also available is a 50-acre parcel in Forsyth IL. The company also has available a 14.7-acre parcel in Grand Haven MI. Demographics show a population of 46 343 with a median annual household income of $53 662. The asking price is $3.5 million. The company also has the listing to sell a 26-acre parcel in Cedar Springs MI. A population of 21 249 in a six-mile radius with a median annual household income of $54 202. The asking price is $2.1 million. Also available is a 21-acre parcel of land in Greenville MI. Demographics show a population of 20 260 in a six-mile radius with a median annual household income of $37 825. The company is also listing for sale a 2 000 sq.ft. building on 1.8 acres in Lansing MI. Demographic information includes a population of 154 155 in a six-mile radius with a median annual household income of $43 200. Asking price is $600 000. Also available is a 126 000 sq.ft. building on 35 acres in Lansing MI. Area demographics include a population of 113 728 with a median household income of $45 976. The asking price is $4 000 000. The company is also listing for sale a 28-acre parcel of land in London OH. Area demographics show a population of 19 716 in a six-mile radius with a median annual household income of $44 881. Also available is a 71-acre parcel in Marion IN. Demographics show a population of 48 131 in a six-mile radius with a median annual household income of $34 205. Also available is a 50-acre parcel of land in Peoria IL. Demographics show a population of 97 154 in a six-mile radius with a median annual household income of $51 613. The company also has available a 250-acre parcel in St. Johns MI. Demographics include a population of 13 853 in a six-mile radius with a median household income of $44 030. The asking price is $4 200 000. Also available is a 132 818 sq.ft. building on 42 acres in Sterling Heights MI. Demographic information includes a population of 381 181 in a six-mile radius with a median household income of $61 031. A 71-acre parcel is also available in Twinsburg OH with area demographics including a trade-area population of 92 261 with a median annual household income of $73 568. The asking price is $5 000 000. Also available is a 59-acre parcel in Washington IL in the Peoria trade area. Area demographics include a population of 56 479 in a six-mile radius with a median annual income of $48 299. The company has the listing to sell a 39-acre parcel of land in Wooster OH. Area demographics include a population of 37 950 with a median annual income of $40 938. For more information contact 616-365-5257.
Intermountain Development Group has the listing to sell a 43 064 sq.ft. parcel in Riverton UT. Area demographics include a population of 94 190 in a five-mile radius earning an average annual household income of $63 018. The average daily traffic count is 38 505 vehicles. The asking price is $516 768 or $55 000 per year to lease. Also available is a 34 658 sq. ft. parcel of land in Preston ID available in Spring 2002. Traffic count is 13 200 vehicles per day and area demographics include a population of 7 849 in a five-mile radius with an average household income of $38 594. The asking price is $165 000. The company also has the listing to sell a 16.03-acre parcel in Boise ID at an asking price of $4.9 million. The average daily traffic count is 49 573 vehicles and area demographics include population of 200 894 residing in a five-mile radius with an average annual household income of $57 089.For more information contact Floyd Hatch Intermountain Development Group 801-994-8403 or Kevin Mortensen 801-994-8402; Fax 801-994-3518; web www.irg-idg.com.
Coldwell Banker has the listing to sell seven stores along Post Avenue in Westbury NY. The asking price is $2 million. For more information contact John DaSilva Coldwell Banker Commercial Tsunis Rosner 3124 Expressway Drive South Islandia NY 11749; 631-232-4400 ext. 125; Fax 631-232-2438; E-mail jdasilva@cbcli.com.
NAI Utah Commercial Real Estate Inc. has the listing to sell an Office Max and Checker Auto-anchored center in Woods Cross UT. Area demographics include a population of 82 358 in a five-mile radius with an average annual household income of $54 745. The project includes a 1.22-acre pad. The asking price is $6 708 000 at a 9.25% CAP rate. For more information contact Brett Palmer or Chris Monson NAI Utah Commercial Real Estate Inc. 60 East South Temple #1325 Salt Lake City UT 84111; 801-578-5555; Fax 801-578-5500.
NAI Progress West has the listing to sell a 83 000 sq.ft. former Shopko situated on 7.47 acres in Omaha NE. The property has an average daily traffic count of 23 800 vehicles and the asking price is $4.5 million. For more information contact Jay Matz 402-827-8211 or Judy Kaplan 402-596-2111.
NAI Mertz Corp. has the listing to sell the 100 000 sq.ft. Timberline Shopping Center in Sewell NJ. An additional 50 000 sq.ft. is planned to be added at the site located near the Deptford Mall. A pad site is available. Area demographics include a population count of 453 902 in a 10-mile radius earning an average annual household income of $65 889. For more information contact Marc Cutler Tony DiDio or Mark Feldman NAI Mertz Corporation 21 Roland Ave. Mt. Laurel NJ; 856-234-9600.
Staubach Retail Services has the listing to sell a 32 748 sq.ft. Circuit City situated on 3.29 acres in Taunton MA. The tenant has a 20-year NNN lease. Area demographics include a population of 66 076 in a five-mile radius earning an average household income of $57 244 in a one-mile radius. The store is located at the intersection of Highway 44 and Highway 22 and has an average daily traffic count of 19 000 cars. The asking price is $6 706 000 at a CAP rate of 8.5%. The company also has the listing to sell pad sites in Lake Worth TX. Area demographics include a population of 473 516 residing in a 10-mile radius. The average daily traffic count is 78 000 cars along Highway 820 and 34 000 cars along Highway 199. The company is also listing for sale a Malibu Grand Prix Entertainment Center situated on 5.961 acres in Kingwood TX. The asking price is $1 550 000. For information on the Taunton or Kingwood property contact Ken Schulman 15601 Dallas Parkway Suite 400 Addison TX 75001; 972-361-5078. For the Lake Worth property contact Clay Smith 972-361-5047 or Mark Newman 972-361-5065.
Marcus & Millichap has the listing to sell a 7 830 sq.ft. Hunter Steakhouse location situated on 0.9453 acres in Phoenix AZ. The asking price is $1 040 000 at a 9.02% CAP rate. The tenant has a NNN lease with fixed increases every two years. The company is also has the listing to sell a 5 358 sq.ft. Hungry Hunter Restaurant situated on 1.2197 acres in Oakland CA with a sale price of $1 740 000 at a 8.50% CAP. The property has a long-term NNN Lease with fixed increases every two years. The company is also listing for sale a 7 488 sq.ft. Hollywood Video situated on 0.88 acres in Carbondale IL. The asking price is $1 390 000 at a 9.10% CAP rate. A 23 500 sq.ft. Office Max situated on 2.65 acres is available in Hopkinsville KY. The sale price is $3 125 000 at a 9.51% CAP. The property has a 15-year NN corporate lease. Also available is a 15 120 sq.ft. Walgreen’s on 2.47 acres in Lithonia GA. The property has an asking price of $4 150 000 at a 8.25% CAP and has a 20-year NN corporate lease with a tenant rated "A+" by S&P. A 17 973 sq.ft. Kragen Auto Parts situated on 1.7 acres is available in North Highlands CA. It has an asking price of $1 288 000 at a 8.75% CAP rate. Also available is a 12 238 sq.ft. Car Spa situated on 2.9 acres in Norco CA. The asking price is $6 150 000 at a 9.76% CAP rate. The property has a 20-year NNN Lease with 15% fixed rent increases every five years. The company also has the listing to sell a 3 091 sq.ft. Texaco situated on 0.65 acres in Oceanside CA. The property has an asking price of $1 200 000 at a 7.78% CAP rate and a NNN lease. A 5 900 sq.ft. Jack in the Box is available situated on 1.85 acres in Las Vegas NV. The asking price is $4 454 000 at a 8.75% CAP rate. Finally the company is listing for sale a 14 375 sq.ft. Walgreen’s on 0.5079 acres in Chicago IL. The sale price is $1 860 000 at a 8.91% CAP rate. For information on the Oakland or Phoenix properties contact 415-391-9220; Fax 415-398-4913.For information on the Carbondale property contact 503-220-2333; Fax 503-220-2155. For information on the North Highlands Lithonia and Hopkinsville properties contact 916-929-1900; Fax 916-921-2914. For information on the Oceanside and Norco properties contact 858-452-8300; Fax 858-546-8254. For information on the Chicago property contact 773-693-0700; Fax 773-693-2114. For information on the Las Vegas property contact 650-494-8900; Fax 650-494-0213.
Goldberg Property Associates has the listing to sell two pad sites along 98th Street in Thornton CO one 2.8 acres and the other 5.4 acres. Both are near numerous existing and future retail developments. They may be purchased as a package or individually. For more information contact Todd Ream or Scott Steputis; 303-759-8000. |