|1. Retail Center in Sacramento, CA: 14,288 SF attractive retail center on 1.11 ac lot in a fast growing area. Tenants include: Subway, Starbucks, Nails Salon, Day Spa, Don Quixote Mexican Grill and Donut Madness. 89% NNN leased. NOI $231K/yr. $3.51M. 6.60% cap.
2. Northern Tool in Tarpon Springs, FL: 25,461 SF single tenant retail building completed in 2008 on 2.46 ac lot in Tampa suburbs. Along US Hwy-19. 15 yrs NNN lease with 6 yrs left to a strong operator with over 90 stores. NOI $299K/yr with 5% rent increases every 5 yrs. $3.988M. 7.50% cap.
3. Neighborhood Center in Orland Park, IL: 59,835 SF well maintained shopping center on 4.80 ac lot along busy corridor in Chicago suburbs. 89% leased to Savers, Surface Solutions, Art & company and Space Golf. Actual NOI $427K/yr. $4.75M. 9% cap.
4. Wendy’s in Milwaukee, WI: 2816 SF well kept single-tenant fast food restaurant on .83 ac outparcel to Dollar Tree shopping center. 100% lease with 4 yrs left to a strong franchisee with over 250 units. NOI $103K/yr. $1.333M. 7.80% cap.
5. MOB in Newport News, VA: 12,971 SF Class-B single-tenant medical office building constructed in 2006 on 1.31 ac lot in Norfolk MSA. 100% leased to Riverside Surgical Specialists. NOI $266K/yr. $3.8M. 7% cap.
6. Strip Center in Buford, GA: 8960 SF strip center on .80 ac lot along busy corridor in growing Atlanta suburbs. 100% leased to three tenants. NOI $93K/yr. $1.038M. 9% cap.
7. Shopping Center in Poughkeepsie, NY: 25,195 SF well maintained shopping center on 5.13 ac corner lot in affluent New York MSA with an AHI of $109K/yr in a 1 mile radius. 95% leased. Actual NOI $286K/yr. $3.95M. 7.24% actual cap. Upside potential when fully leased.
8. Retail Center in Clermont, FL: 9740 SF retail center built in 2003 in growing Orlando suburbs. All units face major corridor. 100% leased to local tenants. NOI $131K/yr. $1.545M. 8.50% cap.
9. Strip Center in Carol Stream, IL: 7889 SF attractive strip center built in 2008 on over 1 ac lot in growing and upper middle-class Chicago suburbs. 100% NNN leased to four tenants. NOI $173K/yr. $2.276M. 7.60% cap.
10. Retail Center in Memphis, TN: 18,000 SF well kept retail center on 2.31 ac lot along main thoroughfare. With easy access to Hwy-385. 100% leased with excellent tenant mix including, Sprint, Metro PCS, Barber, Asian Market and more. NOI $107K/yr. $1.071M. 10% cap.