1. Mixed-use in Palm Bay, FL: 25,200 SF attractive retail/medical center built in 2007 on nearly 3 ac lot. Close to I-95. 100% NNN lease with national, regional and local tenants including Subway, CSI Pediatric Services and Beachside Physical Therapy. NOI $389K/yr. $5.3M. 7.34% cap.
2. Retail Plaza in North Olmsted, OH: 36,516 SF well kept shopping center on 3.81 ac lot along busy artery in Cleveland MSA. Key tenants: Subway, Cricket Wireless, A Child’s View and Danny Boys Pizza. 100% NNN leased. NOI $385K/yr. $4.67M. 8.25% cap.
3. Neighborhood Plaza in Victorville, CA: 102,947 SF neighborhood plaza on 7.52 ac lot in growing San Bernardino suburbs. Shadow anchored by dd’s Discounts. Adjacent to Desert Valley Hospital. 100% NNN leased. NOI $1.338M/yr. $16.94M. 7.90% cap.
4. Strip Center in Cape Coral, FL: 12,000 SF well maintained strip center constructed in 2004 on nearly 1 ac lot in Fort Myers suburbs. All units face busy artery. Near Cape Coral Hospital. 100% leased to six tenants. NOI $91K/yr. $1.45M. 6.29% cap.
5. Retail Center in Chicago, IL: 6780 SF four-units mature retail center at a corner location in densely populated area. 100% leased. $1.13M. NOI/Cap N/A.
6. Retail Center in West Bridgewater, MA: 12,847 SF mature retail center built in 1962 on 1.42 ac corner lot in Boston MSA. 100% leased to multiple tenants. NOI $218K/yr. $3.2M. 6.84% cap.
7. Strip Center in Palatine, IL: 9612 SF well maintained strip center built in 1991 on .78 ac lot in high income (AHI $114K/yr in a 3 mile ring) Chicago metro. All units face Hwy-14. 75% leased to Family Pet Care, Finish Line Fitness and Ross Salon. $975K. NOI/Cap N/A.
8. Professional Building in Las Vegas, NV: 12,927 SF Class-B multitenant professional building completed in 2002 on .82 ac lot. Part of 250,000 SF The Rancho Gowan Business Park. 100% leased to seven tenants. NOI $122K/yr. $1.575M. 7.75% cap.
9. IHOP in Skokie, IL: 3986 SF IHOP franchised restaurant built in 1990 on .45 ac lot at a high traffic signalized corner location in Chicago suburbs. Along major retail thoroughfare. Adjacent to Westfield Old Orchard Mall and close to NorthShore University HealthSystem Skokie Hospital. 100% absolute NNN lease till 2026. NOI $168K/yr with CPI annual rent increases. $2.317M. 7.25% cap.
10. Neighborhood Center in Bradenton, FL: 34,606 SF attractive shopping center completed in 2006 on 6.25 ac lot along major corridor with 47,000 VPD. Close to Walmart Supercenter and I-75. With four points of ingress/egress. 100% NNN leased to multiple tenants. NOI $502K/yr. $7M. 7.18% cap.