May Center Advisors

KeyBank
Lakewood, CO

Status: AVAILABLE

Price: $3,273,000
Size: 2,323 sf
Year Built: 2011
NOI: $180,000
Cap Rate: 5.5%%
This freestanding NNN fee simple asset offers investors stable long-term cash-flows, solid demographics and traffic counts, and 10% rent increases every five years. KeyBank is one of the nation's leading financial institutions with assets of $89 billion, and its credit is rated investment grade A- by S&P. 

Offering Summary


Offering Memorandum
Stadium Plaza
East Lansing, MI

Status: AVAILABLE

Price: $6,330,000
Size: 76,688 sf
NOI: $506,213
Cap Rate: 8.0%
Stadium Plaza is a 100% fee simple interest property located in East Lansing, Michigan. The property is a 77,688 square foot Hobby Lobby anchored center consisting of one multi-tenant building and an IHOP restaurant on an outlot pad. The offering will be delivered to a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
Former Amcore Bank
Orland Park, IL

Status: AVAILABLE

Price: $N/A
Size: 5,928 sf
Year Built: 2007
This is a 100% fee simple interest, vacant retail/commercial building located in Orland Park, Cook County, Illinois. This property consists of a 5,928 square foot single tenant building.  The offering will be delivered to a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
Town Center Promenade
Deer Park, IL

Status: Contract
Pending

Price: $19,320,000
Size: 74,348 sf
Year Built: 2006
NOI: $1,437,318
Cap Rate: 7.44%
This property is a 74,348 square foot Dick’s Sporting Goods anchored community center consisting of one single-tenant anchor building and four multi-tenant outlot buildings. Existing financing to be assumed.

Offering Summary


Offering Memorandum
Riverplace Center
Noblesville, IN

Status: AVAILABLE

Price: $5,265,000
Size: 74,414 sf
NOI: $447,521
Cap Rate: 8.50%
The property is a 74,414 square foot Kroger anchored neighborhood center consisting of one multi-tenant building and an additional undeveloped outlot pad. The offering will be delivered to a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
Turfway Commons
Florence, KY

Status: CLOSED

Price: $14,680,000
Size: 105,471 sf
Year Built: 1989/2007
NOI: $1,173,893
Cap Rate: 8%
Turfway Commons is an outstanding asset with a tremendous future. The property features national anchor tenants on long term leases and is shadow anchored by Sam’s Club. The 95% occupied property provides stable cash flows with the opportunity to lease up the remaining two vacant suites.

Offering Summary


Offering Memorandum
Walgreens
Eagle River, WI

Status: CLOSED

Price: $4,091,000
Size: 13,647 sf
Year Built: 2009
NOI: $270,000
Cap Rate: 6.6%
Lowest priced NNN-AB Walgreens in America. This fee simple asset offers investors stable long-term cash-flows, solid household income demographics, and the much desired triple-net absolute lease structure. Walgreens is the nation’s largest drugstore chain and its credit is rated Investment Grade “A” by Standard and Poor’s.

Offering Summary


Offering Memorandum
Vacant Retail
Indianapolis, IN

Status: AVAILABLE

Price: $N/A
Size: 67,541 sf
Year Built: 1991
The property consists of a 67,541 square
foot vacant (former Cub Foods) single-
tenant building. This site is also zoned for
multi-family. The offering will be delivered to
a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
Vacant Retail/ Office
Orland Park, IL

Status: UNDER
CONTRACT

Price: $900,000
Size: 15,000 sf
NOI: $179,000
The property consists of a 15,000 square
foot vacant single-tenant building. The
offering will be delivered to a purchaser
unencumbered by financing.

Offering Summary


Offering Memorandum
Town Square of Bloomingdale
Bloomingdale, IL

Status: AVAILABLE

Price: $N/A
Size: 54,200 sf
Year Built: 1979 / 1997
NOI: $342,791
The center is positioned to the northwest of the Bloomingdale Village Hall, Police and Fire Stations. Situated at the southwest quadrant of Bloomingdale Road and Schick Road, the offering will be delivered to a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
New Haven Commons
Harrison, OH

Status: AVAILABLE

Price: $3,725,000
Size: 20,492 sf
Year Built: 2008/2009
NOI: $298,046
Cap Rate: 8%
The Staples anchored center sits on an outparcel of a power center anchored by Home Depot and Biggs Superstore. Situated at the southeast quadrant of New Haven Road and Biggs Boulevard, the offering will be delivered to a purchaser unencumbered by financing.

Offering Summary


Offering Memorandum
Des Peres Corners
Des Peres, MO

Status: CLOSED

Price: $N/A
Size: 121,190 sf
Year Built: 2009
NOI: $3,060,118
Des Peres Corners is prominently located on Manchester Road in one of St. Louis’ prominent suburbs. The subject asset consists of 121,190 square feet and is anchored by Schnuck’s Markets. The asset also features prominent national and regional tenants including Jimmy Johns, Five Guys Burgers & Fries, Qdoba Mexican Grill, and First Community Credit Union.

Offering Summary


Offering Memorandum
  PORTFOLIO
VARIOUS, IL
Price: $N/A
 

Offering Summary


Offering Memorandum
CVS
Chicago, IL

Status: AVAILABLE

Price: $3,236,000
Size: 14,532 sf
Year Built: 2003
NOI: $200,621
Cap Rate: 6.20%
The only CVS / Walgreens Ground Lease
available in Metro Chicago, this fee simple
asset offers investors stable long-term
cash-flows and rent increases in
combination with the maintenance-free,
highly desired, NNN-Absolute ground lease
structure.

Offering Summary


Offering Memorandum