This offering memorandum provides information on a multi-unit residential and retail property located at 539-541 Rogers Road in Toronto, Ontario. The 1,800 square foot property consists of 900 square feet of apartments and 900 square feet of retail space. Current annual net operating income is a loss of $3,327 due to the majority of the building being owner occupied. The memorandum estimates that fully leasing the property could generate $16,773 in annual net operating income. Confidentiality of the information is noted, and potential buyers are advised to verify all details.
Marcus & Millichap is pleased to offer for sale the Rose Plaza, a 25-378-square foot neighborhood center strategically located in the high-growth and affluent region of Hesperia, CA.
Boeve Investment Services of Marcus & Millichap is pleased to present for sale the BB&T Bank in Longwood, Florida. Located in the heart of the Orlando Metropolitan Area, the property benefits greatly from its strategic location along East State Road (34,300 Cars Per Day), one of Longwood's most notable thoroughfares. The asset serves as a primary regional bank branch for its surrounding residents and businesses.
Marcus & Millichap is pleased to exclusively offer the Tampa Joe’s Restaurant and Sports Bar in Tampa, Florida. The restaurant embodies near perfect location characteristics: high traffic counts, exceptional visibility, and access.
Marcus & Millichap is pleased to offer for sale the Rose Plaza, a 25-378-square foot neighborhood center strategically located in the high-growth and affluent region of Hesperia, CA.
Boeve Investment Services of Marcus & Millichap is pleased to present for sale the BB&T Bank in Longwood, Florida. Located in the heart of the Orlando Metropolitan Area, the property benefits greatly from its strategic location along East State Road (34,300 Cars Per Day), one of Longwood's most notable thoroughfares. The asset serves as a primary regional bank branch for its surrounding residents and businesses.
Marcus & Millichap is pleased to exclusively offer the Tampa Joe’s Restaurant and Sports Bar in Tampa, Florida. The restaurant embodies near perfect location characteristics: high traffic counts, exceptional visibility, and access.
99 Cents Only & Crunch Fitness in Citrus Heights, CAKevin Boeve
Marcus & Millichap is pleased to present for sale a 99 Cents Only and Crunch Fitness in Citrus Heights, a suburb of Sacramento, California. The property is 100 percent leased with premier national tenants, 99 Cents Only and Crunch Fitness. This offering represents a unique opportunity to acquire two quality tenants in a prime location along one of Citrus Heights’ preeminent retail corridors.
Located at the southeast corner of Greenback Lane and San Juan Avenue, a signalized intersection that sees over 70,000 cars per day. Greenback Lane is one of the busiest thoroughfares in the City of Citrus Heights serving as the main east/west arterial of the retail hub of the city. Greenback Lane is a major on/off ramp off highly traveled Interstate 80. This access provides the subject continuous morning, afternoon, evening, and weekend traffic.
Coupling the passive nature of the investment, location, visibility, demographics, and traffic counts make this a rare and desirable investment opportunity.
Marcus & Millichap is pleased to exclusively market for sale a Dollar General in Overgaard, Arizona. The Dollar General has been a staple in the town since 2005 and is showing commitment to the location through a recent extension to the lease, which expires July 31, 2020. It is the only Dollar General in town and the next Dollar General is 29 miles away.
With no nearby competition within 30 miles, this is a unique opportunity to acquire an investment with high return and strong corporate guarantee. The lease is guaranteed by Dollar General Corporation, which is publicly traded on the New York Stock Exchange under the ticker “DG” and has a current “BBB” credit rating by Standard & Poors.
Situated 144 miles north of Phoenix, Arizona, Heber-Overgaard is a census-designated place in Navajo County, Arizona. Tourism, retirement, and timbering are the foundations of Heber-Overgaard’s economy.
Marcus & Millichap is pleased to present the opportunity to acquire a brand new 4 Wheel Parts located in Glendale, Arizona. The building will be completely remodeled in 2017. The offering is a prime location serving an affluent and growing customer base within one of Phoenix’s most highly coveted submarkets.
The subject is ideally located at the northeast, hard signalized corner of North 63rd Avenue and West Bell Road, exposing the property to 46,300 cars per day. Bell Road is one of Glendale’s prime east/west com-mercial corridors. 4 Wheel Parts is located in the center of shopping and restaurant activity in Glendale, Arizona. The property is within close proximity to numerous shopping centers including the Arrowhead Towne Center and Talavi Towne Center; 4 Wheels Parts is within minutes from multiple national credit tenants: Goodwill, Pep Boys, Wells Fargo, The Home Depot, Macy’s, Olive Garden, and much more.
Home to a population of over 225,000 people, Glendale is the sixth largest city in Arizona and provides its residents the amenities of a metropolis while maintaining a suburban living environment. The city is only nine miles northwest of Phoenix, providing its residents substantial employment opportunities and additional metropolitan benefits. Glendale possesses a vibrant tourism marketplace, home to extensive antiquing and heritage attractions, as well as professional sporting attractions, such as the Arizona Car-dinals and Phoenix Coyotes. The city is well-supported by a rapidly growing healthcare sector, generating over 6,000 jobs to the residents of Glendale.
Dollar General in Currie, North CarolinaKevin Boeve
Marcus & Millichap is pleased to exclusively market for sale a Dollar General store of approximately 9,100 square feet located in Currie, North Carolina.
NOI: $263,053 Price: $3,100,000 CAP: 8.48%
INVESTMENT HIGHLIGHTS
Multi-Tenant Center Anchored by Dollar General and US Army
N. Groesbeck Hwy. | Estimated 35,000 Cars Per Day
226,128 Population and $72,018 Average Household Within 5 Miles of Property
Additional 1.5 Acres for Development
Value Add Upside Potential
Limestone and Brick Façade with Aluminum Awnings
Property was built in 2006
Marcus & Millichap is pleased to exclusively market for sale a brand new Dollar General store of approximately 9,100 square feet located in Whiteville, North Carolina.
The property is operating under a brand new, 15-year Triple Net Lease with 10 percent rent increases in each of the five, five-year renewal options. The lease is guaranteed by Dollar General Corporation, which is publicly traded on the New York Stock Exchange under the ticker “DG” and has a current “BBB” credit rating by Standard & Poors. Dollar General is estimated to be delivered late 2017.
The Dollar General is located on Route 701 which is a major retail artery of the City of Whiteville. The property will benefit tremendously with traffic generators such as the Whiteville Golf Club, Holiday Motel, daycare centers, and nearby churches.
Whiteville is a city in Columbus County, North Carolina. It is the largest city in Columbus County and the county seat. The city is located within 45 minutes of the North Carolina coast and South Carolina border.
Marcus & Millichap is pleased to exclusively market for sale a brand new Dollar General store of approximately 9,100 square feet located in Whiteville, North Carolina.
The property is operating under a brand new, 15-year Triple Net Lease with 10 percent rent increases in each of the five, five-year renewal options. The lease is guaranteed by Dollar General Corporation, which is publicly traded on the New York Stock Exchange under the ticker “DG” and has a current “BBB” credit rating by Standard & Poors. Dollar General is estimated to be delivered late 2017.
The Dollar General is located on Route 701 which is a major retail artery of the City of Whiteville. The property will benefit tremendously with traffic generators such as the Whiteville Golf Club, Holiday Motel, daycare centers, and nearby churches.
Whiteville is a city in Columbus County, North Carolina. It is the largest city in Columbus County and the county seat. The city is located within 45 minutes of the North Carolina coast and South Carolina border.
Similar to 539-541 Rogers Rd (Offering Memorandum) (20)
2. CONFIDENTIALITY AND DISCLAIMER
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended
to be reviewed only by the party receiving it from Marcus & Millichap, Brokerage ("Marcus & Millichap") and should
not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing
Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish
only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a
thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or
representation, with respect to the income or expenses for the subject property, the future projected financial
performance of the property, the size and square footage of the property and improvements, the presence or absence of
contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition
of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or
intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has
been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify,
any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these
matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information
provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
539-541Rogers Road
TORONTO, ON
NON-ENDORSEMENT NOTICE
Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in
this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation
with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any
agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of
providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR
MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
17. TORONTO, ON
539-541Rogers Road
OFFERING MEMORANDUM
Offices Throughout the U.S. and Canada
www.MarcusMillichap.com
Anthony Martino
Sales Representative
Associate
Toronto Office
Marcus & Millichap, Brokerage
License: Ontario: 4738588
Tel: (416) 585-4646
Fax: (416) 585-4645
Anthony.Martino@marcusmillichap.com
www.marcusmillichap.com/AnthonyMartino