|1. Shopping Center in Mobile, AL: 37,341 SF attractive shopping center built in 2007 on 5.4 ac lot. Shadow anchored by Walmart Supercenter. Key tenants: Anytime Fitness, Cricket Wireless, Moe’s Original BBQ, Rent-A-Center and Hibbett Sports. 83% leased with excellent tenant mix. Actual NOI $355K/yr. $4.19M. 8.5% cap. Upside potential when fully leased.
2. McAlister’s Deli in Amarillo, TX: 4148 SF freestanding franchised restaurant renovated in 2010 on nearly 1 ac lot in a high income area with an AHI of $93K/yr in 3 miles. 15 year absolute NNN lease till 2025. NOI $136K/yr with 10% rent bumps every 5 years. $1.953M. 7% cap.
3. Taco Bell in Houston, TX: 2,201 SF well maintained single tenant fast food restaurant constructed in 1997 on .68 ac lot in fast growing middle-class area. 100% absolute NNN lease till 2024 to a strong franchisee with 73 units. NOI $65K/yr with 10% rent increases every 5 years. $870K. 7.50% cap.
4. Retail Center in Colorado Springs, CO: 20,12 SF attractive retail center built in 2000 on 2.27 ac corner lot along busy retail corridor with over 45,000 CPD. Close to Chapel Hills Mall. 100% NNN leased with good tenant mix. $5.9M. NOI/Cap N/A.
5. Professional Building in Clearwater, FL: 24,636 SF well kept multitenant office building on 1.83 ac corner lot in Tampa suburbs. 100% leased. NOI $193K/yr. $2.275M. 8.50% cap.
6. Dollar General in Jacksonville, FL: 9,100 SF single tenant retail building constructed in 2010 on 1.27 ac lot along busy road. 100% absolute NNN corp lease with over 6 years left. NOI $115K/yr. $1.595M. 7.25% cap.
7. Family Dollar in Tucson, AZ: 9180 SF freestanding retail building completed in 1998 on .86 ac lot along main thoroughfare. 1000% NNN- corp lease till 2024 with minimal landlord responsibilities. NOI $97K/yr. $1.181M. 8.25% cap.
8. MOB in Plainfield, IL: 7,807 SF medical office building on 3.59 ac lot in high income Chicago MSA with an AHI of $100K/yr in a 1 mile ring. 100% leased to Adventist Heath Partners, Suburban Foot & Ankle Associates and Corwin Medical. NOI $106/yr. $1.155M. 9.25% cap.
9. Office Building in San Jose, CA: 4,900 SF five-unit office building on .56 ac lot. Adjacent to Regional Medical Center. With easy access to I-680 with over 200,000 CPD. 84% leased to US Government with various military recruiting offices including Army, Navy, Air Force and Marine Corps. Proforma NOI $151K/yr. $2.5M. 6% proforma cap.
10.Strip Center in Rancho Cordova, CA: 6,755 SF attractive retail center on .62 ac outparcel to 99 Cents Only Stores in fast growing Sacramento suburbs. At a major signalized corner location. Across from Walmart Supercenter. 100% NNN leased to Jersey Mike’s, Teriyaki Gill, Super Nails, CA Check Cash and Donut King. NOI $221K/yr. $3.685M. 6% cap. Note: flyer not avail, full marketing package upon request.