|1. MOB in Stockton, CA: 13,549 SF well maintained multitenant medical building completed in 2007 in a growing area. Along a six-lane busy corridor. 100% NNN leased to DaVita Dialysis and Delta Surgical. NOI $385K/yr. $6.43M. 6% cap.
2. Walgreens in Snellville, GA: 13,089 SF drive-thru pharmacy constructed in 2006 on 2.76 ac lot at a hard corner location in high income Atlanta MSA. 25 year NNN lease with 11 years left. NOI $391K/yr. $6.165M. 6.35% cap.
3. DCI Dialysis Clinic in Columbus, GA: 7705 SF build-to-suit dialysis center built in 2017 on 1.46 ac lot in upper middle-class area. New 20 year NNN lease to a strong operator with 230 clinics. NOI $184K/yr with 5% rent increases every 5 years. $3.082M 6% cap.
4. Midwest Dental in Derby, KS: 8436 SF freestanding single tenant medical building renovated in 2019 on .79 ac lot in Wichita suburbs. With three points of ingress/egress. 100% NNN leased till 2032 to a national recognized tenant with 170 locations. NOI $75K/yr. $1.082M. 7% cap.
5. Grease Monkey in Carol Stream, IL: 3600 SF three-bay auto center built in 1993 on .59 ac lot in high income Chicago metro with an AHI of $119K/yr in a 3 mile radius. 100% absolute NNN lease till 2030 to a strong operator with over 300 locations. NOI $66K/yr with 10% rent increases every 5 years. $1.081M. 6.15% cap.
6. Dollar General in Taylors, SC: 9014 SF single tenant retail building completed in 2010 on over 2 ac lot in growing Greenville suburbs. 100% NNN- corp lease till 2025. NOI $98K/yr. $1.276M. 7.75% ap.
7. DCI Dialysis Clinic in Columbus, GA: 4657 SF dialysis center built in 2011 along busy corridor. Close to St. Francis-Emory Healthcare Hospital. With easy access to I-185. New 20 year NNN lease to a strong operator with 230 clinics. NOI $96K/yr with 5% rent bumps every 5 years. $1.604M. 6% cap.
8. Walgreens in Pomona, CA: 13,737 SF drug store built in 2003 on over 1 ac lot at a signalized corner location in densely populated Los Angeles area. Along major corridor with over 51,000 VPD. 25 year absolute NNN corp lease with over 8 years left. NOI $492K/yr. $8.2M. 6% cap.