01-13: Winn Dixie, Hobby Lobby, Car-X, Apartments, MOB

  • Winn-Dixie in Jacksonville, FL: 45,204 SF free-standing Winn Dixie supermarkets (regional tenant with over 500 stores) along major retail corridor. Close to Regency Square Mall. Tenant has been at this location since 1986. Recently extended NNN- corp lease with 4-yrs left. NOI $241K/yr with 9% rent increase in 2016. $3.02M. 8% cap.
  • Retail Building in Tempe, AZ: 10,000 SF attractive retail building constructed in 2002 on nearly 1 ac lot along busy retail corridor. Close to major Power Centers with Costco, Walmart, Ross Dress For Less, PetSmart to name a few. 100% leased to NAPA Auto Parts and AlphaGraphics. NOI $160K/yr. $2.472M. 6.50% cap.
  • Hobby Lobby in Cincinnati, OH: 57,216 SF arts and crafts store renovated in 2014 on over 4 ac lot. Across from Stone Creek Towne Center with Meijer, Toys R Us, JC Penney, Bed Bath and Beyond, Best Buy and Old Navy. Close to Northgate Mall and I-275. 10-yrs NNN- lease with 9-yrs left. NOI $309K/yr. $4.55M. 6.80% cap.
  • Strip Center in League City, TX: 9800 SF attractive strip center on 1 ac lot in booming (278% pop growth since 2000) and high income Houston metro with an AHI of $87K/yr in 1 mile. 100% leased. NOI $160K/yr. $1.999M. 8% cap.
  • Car-X in Pflugerville, TX: 5561 SF auto center built in 2009 on 1.22 ac lot in affluent (AHI $100K/yr) Austin suburbs. Near Walmart and Stone Hill Town Center, a 1,000,000 SF Power Center. 20-yrs absolute NNN corp lease with 15-yrs left. NOI $150K/yr with 9% rent increases every 5-yrs. $2.404M. 6.25% cap.
  • MOB in Orlando, FL: 5250 SF eye-catching multitenant medical office building constructed in 2006 in a high income area with an AHI of $93K/yr in a 1 mile ring. 100% NNN lased to Sport/Family Doctor and Pediatrician. NOI $126K/yr. $1.737M. 7.25% cap.
  • Office Building in Bartlett, TN: 34,000 SF Class-A consisting of two office buildings on over 3 ac lot in growing Memphis suburbs. Adjacent to Saint Francis Hospital-Bartlett, close to Wolfchase Galleria and I-40. 100% NNN leased. NOI $290K/yr. $2.9M. 10% cap.
  • Shopping Center in Las Vegas, NV: 24,740 SF well maintained shopping center on 2.34 ac lot shadow anchored by Toys R Us, Cardenas Market and Fallas. Adjacent to Meadows Mall and near Hwy-95. 62% leased. Actual NOI $190K/yr. $2.6M. 7.33% actual cap. Upside potential.
  • Apartments in Antioch, CA: 8-units well maintained multifamily building in upper middle-class Contra Costa County in San Francisco Bay Area. Close to 501,259 SF Somersville Towne Center and with easy access to Hwy-4.  100% occupied. NOI $78K/yr. $1.025M. 7.69% cap.