Kuyrkendall & Co., Inc. is selling 40,000 sq.ft. of retail space located on Loop 410, near Interstate Highway 10 West, in San Antonio, TX for $2.75 million with a Cap rate of 11%. The property is 100% leased. The company also is representing several buyers with 1031 exchange cash that prefer retail or single tenant properties, but will consider any quality product.

For more information, contact Donald J. Kuyrkendall, Kuyrkendall & Co., Inc., 11104 West Avenue, San Antonio, TX 78213; 210-979-0800, Fax 210-979-0001; Email: don@kuyrkendall.com.

Phase One Realty, Inc. is selling three Eckerd drug stores in TX for under $2.5 million with Cap rates of 9.25%, starting in the sixth year of initial 20-year leases. The rent increases every five years over the remaining 15 year base lease terms. The price for all three stores is $7.198 million. Interest rates average 7.88% with a 1% assumption fee.

For more information, contact Robert H. Fippinger, Phase One Realty, Inc., 333 Montezuma Avenue, Second Floor, Santa Fe, NM 87501; 505-988-3883 Ext. 2, Fax 505-988-5134; Email: rhf@phaseonerealty.com.

Inland Retail Real Estate Trust, Inc. acquired the 222,019 sq.ft. McFarland Plaza in Tuscaloosa, AL for $15.53 million. The center is located at the intersection of McFarland Boulevard and Hargrove Road and is anchored by a 20,620 sq.ft. Circuit City, a 34,530 sq.ft. Toys "R" Us, a 23,500 sq.ft. OfficeMax, a 36,281 sq.ft. Stein Mart and a 22,060 sq.ft. Old Navy. The company also acquired Walk at Highlands Preserve, a 134,053 sq.ft. center in Tampa, FL for $24.03 million. The center is anchored by a 32,900 sq.ft. Circuit City, a 33,000 sq.ft. Linens ‘n Things and a 22,869 sq.ft. Michaels. In addition, Inland acquired the 75,929 sq.ft. Wakefield Crossing Shopping Center in Raleigh, NC and the 49,040 sq.ft. Sexton Commons Shopping Center in Faqua Varina, NC. The company paid $10.75 million for Wakefield Crossing and $8 million for Sexton Commons. Wakefield Crossing is anchored by a 37,985 sq.ft. Food Lion supermarket, while Sexton Commons is anchored by a 30,000 sq.ft. Harris Teeter supermarket.

Mullinix Commercial Real Estate Co. is representing an investor with $900,000 looking to acquire a single-tenant net-leased property in the Sacramento, CA area. The company also will look along the Central Valley corridor down to Modesto, CA and prefers a cotenancy with fast food eateries, video stores, drug stores or a post office.

Robert Stuart is working with investors who are seeking large office, industrial and retail properties, both single and multi-tenant. The minimum price is $10 million. The investors have their own source of capital, but will assume existing financing where the terms are reasonable.

Capital Real Estate Group is selling a 114,423 sq.ft. Home Depot with a 24,700 sq.ft. garden center on a land area of 8.7 acres located at 12960 Foothill Boulevard in Sylmar, CA. The lease has one three-year option and three five-year options and expires on June 30, 2016. Rent increases every five years and is not to exceed 7.5% and percentage rent of 1% of sales in excess of $35 million. The store is located in a center tenanted by Sam’s Club, Office Depot, McDonald’s, Taco Bell, Kentucky Fried Chicken and Radio Shack.

Richard Kramisen is selling The Center at Keene, a 102,654 sq.ft. center located in Keene, NH for $7.2 million. The center is 99% occupied and is cotenanted by Famous Footwear, Gold’s Gym, GNC, Weight Watchers, Woodworker’s Warehouse and Sylvan Learning Center.

Lynch Realty Group is selling Tweeter Home Entertainment, a 18,000 sq.ft. building located in Orland Park, IL for $3.24 million. The building has a 15-year NNN lease term which commenced in October 2000.

Friedman Real Estate Group is selling Furniture Row center in Flint Township, MI for $5 million or $36.62 psf. The center is cotenanted by Kohl’s, which is not included in the sale. The property has a GLA of 136,532 sq.ft. and is leased for 12 years, with rent schedule of $4 psf during years one through four, $4.30 psf during years five through eight and $4.60 psf during years eight through 12. There are also three five-year options. The Cap rate is 11% with NOI for year one of $546,128.

Upland Real Estate Group, Inc. sold a 9,030 sq.ft. KinderCare Learning Center located in Herndon, VA for $1.9 million. The company also is representing a 1031 investor looking to replace $7 million or $13.5 million with maximum 15% down payment. The investor prefers single-tenant, net leased investment grade properties. The preferred lease term is 15 years.

Coldwell Banker Commercial American Spectrum is selling a 20,000 sq.ft. center located at 3945 Whittier Boulevard in Los Angeles, CA for $3.1 million.

WindStar Properties completed a sale with Steak n Shake for a 63,000 sq.ft. parcel located on Arbrook Boulevard in Arlington, TX.

The Hutensky Group acquired the following Kmart-anchored centers: Sherwood Plaza a 124,886 sq.ft. center in Springfield, IL; an 87,406 sq.ft. center in Salina, KS; the 130,381 sq.ft. South City Center in Wichita, KS and the 91,227 sq.ft. Kmart Plaza in Jefferson City, MO for $14.8 million from Malan Realty Investors, Inc.