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Buyers & Sellers
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Buyers & Sellers NAI MLG Commercial is selling a 26.62-acre parcel and a 35-acre parcel located between Port Washington Road and Interstate 43 in Grafton, WI. Area demographics include a population of 40,724 within a five-mile radius earning a median household income of $66,571. The average daily traffic count is 54,800 vehicles. The asking price is $6.5 million for the 26.62-acre parcel and $10.5 million for the 35-acre parcel. For more information, contact Brian Vanevenhoven or Bruce Westling, NAI MLG Commercial, 13400 Bishop’s Lane, Suite 100, Brookfield, WI 53005; 262-938-4450/4404, Fax 262-797-8940; Emails: bvanevenhoven@mlgcommercial.com and bwestling@mlgcommercial.com; Web site: www.mlgcommercial.com. Paramount Realty Services, Inc. is selling a 15,500 sq.ft. center situated on 1.061 acres at the intersection of Route 37 and Fischer Boulevard in Toms River, NJ. The NOI is $187,760. The asking price is $3.2 million with a Cap rate of 5.8%. The company is also selling a 4.01-acre parcel located along U.S. Route 1 in South Brunswick, NJ. Area retail includes Target, Staples, Best Buy, PetSmart, Chase Bank, Stop & Shop, Home Depot, Blockbuster Video, Verizon Wireless, South Brunswick Square Mall and New York Sports Club. The company is also selling a 31.5-acre parcel located along Route 272/North Reading Road in Denver, PA. Area demographics include a population of 33,460 within a five-mile radius earning an average household income of $66,857. The average daily traffic count is 16,000 vehicles. The asking price is $6.3 million. For more information, contact Ciro Saverino, Paramount Realty Services, Inc., 1195 Route 70, Suite 2000, Lakewood, NJ 08701; 732-961-8121, Fax 732-886-1690; Email: csaverino@prs-nj.com; Web site: www.prs-nj.com. James Cook & Associates is selling a 4.46-acre parcel located along Greenwood Lane in Bowling Green, KY. Area retail includes Ryan’s Steakhouse and Cracker Barrel. The company is also selling a 2,600 sq.ft. former Back Yard Burgers situated on one acre along Nashville Road in Bowling Green, KY. The company is also selling a 3.48-acre parcel located along Sam Walton Way in Russellville, KY. Area retail includes Wal*Mart Supercenter. The company is also selling a 31-acre parcel located along Cave Mill Avenue adjacent to Greenwood Mall. For more information, contact James Cook, James Cook &
Associates, 1136 South Park, Suite 201, Bowling Green, KY 42104; Ella Goldin Realty is selling Mallview Plaza, a 67,000 sq.ft. center located in Waterbury, CT. The center is anchored by Mallview Cinema and is 95% occupied. The asking price is $8.5 million with a Cap rate of 7.5%. The NOI is $620,000. The company is also selling Sunbeam Plaza, a 74,000 sq.ft. center located in Waterbury, CT. The asking price is $9.5 million with a Cap rate of 7.2%. The NOI is $700,000. For more information, contact Ella Goldin, Ella Goldin Realty, 225 Broadway, Suite 1015, New York, NY 10007; 917-991-5956, Fax 917-677-8601; Email: egr@si.rr.com; Web site: www.1031egr.com. Paramount Partners, LLC is selling a 20,000 sq.ft.
building with a full basement situated on 0.39 acres along Main Street in
Brockton, MA. Area demographics include a population of 167,437 within a
five-mile radius earning a median household income of $54,228. The asking price
is $1.2 million. The company is also selling a 3,000 sq.ft. site located along
Tremont Street in Duxbury, MA. Area demographics include a population of 42,827
within a five-mile radius earning a median household income of $85,663. The
asking price is $900,000. The company is also selling a 1,553 sq.ft. site
located along Court Street in Plymouth, MA. Area demographics include a
population of 40,206 within a five-mile radius earning a median For more information regarding the Brockton property, contact
Vincent Millco Investments is selling The Shoppes at Coffeen, a 42,666 sq.ft. center situated on 4.5 acres in Sheridan, WY. The center is shadow-anchored by Home Depot and Albertsons and tenants include Starbucks. Area retail includes Wal*Mart, Osco Drug, Wendy’s, Walgreens, Taco Bell, Burger King and Arby’s. The asking price is $8.19 million and the NOI is $552,651. For more information, contact Jordan Kaufman, Millco Investments, 19 South LaSalle Street, Suite 1000, Chicago, IL 60603; 312-377-7800 Ext. 103, Fax 312-377-7898; Email: jordan@millcoinvestments.com. Coldwell Banker Village Communities is looking to acquire power and strip centers on behalf of a client. Suitable properties should be within the Charlotte, NC or Columbia, SC metropolitan areas and be anchored by national tenants. The centers should be 100% occupied. For more information, contact Bill Fritz, Coldwell Banker Village Communities, 2704 South Culberhouse Street, Suite A, Jonesboro, AR 72401; 870-897-2357, Fax 870-935-4581; Email: bizmstr@suddenlink.net; Web site: www.coldwellbankerjonesboro.com. Sutton & Edwards Commercial Real Estate is selling a 1.5-acre parcel located at the intersection of Sunrise Highway and Albany Avenue in Amityville, NY. Area demographics include a population of 315,135 within a five-mile radius earning an average household income of $93,474. The asking price is $2.5 million. The company is also selling a 2,500 sq.ft. building situated on 0.5 acres along Sunrise Highway in West Islip, NY. Area demographics include a population of 287,635 within a five-mile radius earning an average household income of $92,209. The asking price is $2.1 million. For more information regarding the Amityville property,
contact Phillip Perri or Stephanie Taylor, Sutton & Edwards Commercial Real
Estate, 1981 Marcus Avenue, Lake Success, NY 11042; 516-328-6500 Ext. 549/555,
Fax 516-328-6749; Emails: pperri@suttonandedwards.com and
staylor@suttonandedwards.com. For more information regarding the West Islip
property, contact Phillip Perri or Melissa Naeder; 516-328-6500 Ext. 594; Email:
The Proto Group is selling a 3,600 sq.ft. freestanding building situated on 0.88 acres along U.S. Route 1/North Main Street in Branford, CT. Area retail includes Wal*Mart, Walgreens, Kohl’s and Starbucks. Area demographics include a population of 106,541 within a five-mile radius earning an average household income of $62,583. The average daily traffic count is 35,000 vehicles. The asking price is $1.25 million. The company is also selling a 1.06-acre parcel located along Silver Lane in East Hartford, CT. Area demographics include a population of 238,694 within a five-mile radius earning an average household income of $48,625. The average daily traffic count is 14,900 vehicles. The asking price is $375,000. For more information, contact Lou Proto or Steve Patten, The Proto Group, 116 Washington Avenue, North Haven, CT 06473; 203-234-6371, Fax 203-234-6372; Emails: proto@theprotogroup.com and patten@theprotogroup.com. |