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Buyers & Sellers
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Buyers & Sellers NAI Commercial Industrial Properties, Co. is selling a one-acre pad site located at the intersection of Interstate 35 and Yager Lane in Austin, TX. Area retail includes 24 Hour Fitness, Fuddruckers, H-E-B and JCPenney. The asking price is $950,000. The company is also selling a 15.012-acre parcel located at the intersection of Dessau Road and Tudor House in Austin, TX. For more information regarding the one-acre site, contact
Fred Higgins, NAI Commercial Industrial Properties, Co., 7320 North Mopac
Expressway, Suite 101, Austin, TX 78731; 512-346-5180; Email: NAI Rio Grande Valley is selling pad sites of a mixed-use development located at the intersection of Sprague Road and McColl Road in Edinburg, TX. The sites range from 35,000 sq.ft. to 50,000 sq.ft. and are approved for office, medical or retail use. For more information, contact Lucy Sisniega or Mike Blum, NAI Rio Grande Valley, 1400 North McColl Road, Suite 205, McAllen, TX 78501; 956-994-8900, Fax 956-994-8902; Web sites: www.nairgv.com or www.realtorrgv.com. Amsource is selling an approved 13,546 sq.ft. center situated on 0.96 acres located at the intersection of 400 South Street and 200 West Street in Salt Lake City, UT. Area demographics include a population of 181,656 within a five-mile radius earning an average household income of $57,558. The asking price is $2.5 million. The company is also selling a 7,234 sq.ft. strip center situated on 1.16 acres along East Allen Street in Castle Rock, CO. The center is tenanted by Qdoba Mexican Grill, Nextel and Heidi’s Brooklyn Deli. Area retail includes Home Depot, Red Robin, Kohl’s, Target and Wal*Mart. Area demographics include a population of 20,008 within a three-mile radius earning an average household income of $119,688. The average daily traffic count is 13,908 vehicles. The asking price is $3.02 million with a Cap rate of 6.75%. The NOI is $203,862. For more information regarding the Salt Lake City, UT
property, contact Lisa Vandersteen, Amsource, 358 South Rio Grande, Suite 200,
Salt Lake City, UT 84101; 801-994-7000 Ext. 530, Fax 801-532-2109; Email:
lisav@amsource.com; Web site: www.amsource.com. For more information regarding
the Castle Rock, CO property, contact Lisa Vandersteen or Melanie Child;
801-994-7000 Ext. 552; Email: The Ridgestone Group, LLC is looking to acquire sites, on behalf of a client, located in the Westport, New Canaan and Greenwich, CT metropolitan areas. Suitable centers should be valued at $10 million. For more information, contact Isaac Klein, The Ridgestone Group, LLC, 1625 East 7th Street, Suite B, Brooklyn, NY 11230; 718-336-1555 Ext. 208, Fax 718-336-3828; Email: iklein@ridgestonegroup.com; Web site: www.ridgestonegroup.com. The Norton Agency Commercial Group is selling Commerce Square, a planned grocery-anchored strip center situated on a 30.46-acre parcel located along Highway 98 in Commerce, GA. For more information, contact Betty Howard or Will Cobb, The Norton Agency Commercial Group, 434 Green Street, Gainesville, GA 30501; 770-718-5263/5261; Emails: bhoward@nortonnorthga.com and wcobb@nortonnorthga.com; Web site: www.nortoncommercial.com. Southeast Venture is selling pad sites at Camden Commons, a 60-acre development located at the intersection of Moores Lane and Franklin Road in Franklin, TN. The company is also selling a parcel located at the intersection of Indian Lake Boulevard and Maple Drive in Hendersonville, TN. Area retail includes Wal*Mart Supercenter, Regal Cinema, Publix, Kroger, Lowe’s Home Improvement and Home Depot. Area demographics include a population of 60,652 within a five-mile radius earning an average household income of $73,410. The average daily traffic count is 27,500 vehicles. For more information regarding Camden Commons, contact
Jonathan Petty or John Cavin, Southeast Venture, 4011 Armory Oaks Drive,
Nashville, TN 37204; 615-833-8716, Fax 615-781-0493; Emails:
jpetty@southeastventure.com and A+ Realty and Mortgage, on behalf of a client, is looking
to acquire sites throughout southern CA and the Las Vegas, NV metropolitan area.
Suitable properties should be shopping centers priced between For more information, contact Kelvin Chen, A+ Realty and Mortgage, 17462 Colima Road, Rowland Heights, CA 91748; 626-855-2530, Fax 626-961-6900; Email: kelvinchen88@yahoo.com. Blanchard & Calhoun Commercial is selling a 10.3-acre parcel located along Washington Road in Evans, GA. Area retail includes Wal*Mart, Kroger, Lowe’s Home Improvement and Home Depot. Area demographics include a population of 89,360 within a five-mile radius earning an average household income of $92,700. The average daily traffic count is 42,000 vehicles. The asking price is $4.728 million. For more information, contact Mark Senn, David Rivers or
Summer Clay, Blanchard & Calhoun Commercial, 2743 Perimeter Parkway, Building
100, Suite 370, Augusta, GA 30909; 706-654-6714, 706-854-6731 and 706-854- A private investment group is looking to acquire single-tenant properties nationwide. Portfolios will be considered. For more information, contact Robert Stuart, 13064 Bender
Drive, Moreno Valley, CA 92553; 951-247-2426; Email: Collins Commercial Properties, Inc. is selling a 2,340 sq.ft. former restaurant situated on 0.51 acres along Randleman Road in Greensboro, NC. Area retail includes Spring Valley Shopping Center, Rite Aid, McDonald’s, Maxway, Meineke Car Care, Biscuitville, KFC, Pizza Hut, Subway and Precision Tune. Area demographics include a population of 147,594 within a five-mile radius earning an average household income of $63,237. The average daily traffic count is 18,200 vehicles. The asking price is $325,000. For more information, contact Skip Pickett or Raymond Collins, Jr., Collins Commercial Properties, Inc., 2990 Bethesda Place, Suite 601C, Winston-Salem, NC 27103; 336-768-0555, Fax 336-768-2055; Email: skip@collinscommprop.com; Web site: www.collinscommprop.com. Coldwell Banker Commercial|Hamilton & Associates is selling Dogwood Plaza, an 11,000 sq.ft. center located along Highway 56 South in Smithville, TN. The center is tenanted by Petals and Blooms, Comcast, U-Haul, State Farm Insurance, ABTS Tax and a hair salon. Area retail includes McDonald’s, Hardee’s, Subway, Sonic Drive-In, Food Lion, Ace Hardware, Dollar General, Fred’s, Family Dollar and Wal*Mart. The asking price is $775,000. For more information, contact Michaela Driver, Coldwell Banker Commercial|Hamilton & Associates, 3810 Keith Street Northwest, Cleveland, TN 37312; 423-476-5535. |