|1. DaVita in Gary, IN: 13,125 SF well maintained dialysis center built in 1992 on .49 ac lot along busy retail corridor in Chicago MSA. 100% NNN- corp lease till 2025 to DaVita with 2,625 locations. NOI $271K/yr with 2% annual rent bumps. $3.879M. 7% cap.
2. Rite Aid in Garden City, MI:11,060 SF attractive Rite Aid pharmacy completed in 2000 on 1.60 ac lot in Detroit suburbs. Close to 153-bed Garden City Hospital. 100% NNN- corp lease till 2025. NOI $248K/yr. Price reduced from $3.11M to $2.926M. 8.50% cap.
3. Walgreens in Rock Island, IL: 13,905 SF well kept drive-thru pharmacy completed in 1997 on 1.53 ac lot at a signalized corner location in Moline suburbs. Close to 327-bed UnityPoint Health Trinity Rock Island Hospital. 100% NNN- corp lease till 2027. NOI $212K/yr. Price reduced from $3.4M to $3.269M. 6.50% cap.
4. The Learning Experience in Antioch, CA: 10,000 SF well maintained daycare center completed in 2018 on 1.25 ac lot in high income Contra Costa County with an AHI of $130K/yr in a 3 mile radius. 15 year NNN- corp lease till 2033 to a strong operator with 450 locations. NOI $305K/yr with scheduled rent increases, $4.959M. 6.15% cap.
5. NAPA Auto Parts in Clawson, MI: 6,000 SF well kept freestanding retail building on .45 ac lot at t signalized intersection in upper middle-class Detroit suburbs. 100% NNN- corp lease till 2024. NOI $72k/yr. $929M. 7.75% cap.
6. 99 Cents Only Stores in Bakersfield, CA: 28,848 SF big-box retail building on 2.55 ac lot along busy artery. Next to CVS Pharmacy. On an off/on ramp of Hwy-178. 100% absolute NNN lease till 2030. NOI $269K/yr. $4.494M. 6% cap.
7. Burger in Wichita, KS: 2,600 SF drive-thru fast food restaurant built in 2006 on nearly 1 ac lot. Across from Towne East Square Mall. 20 year absolute NNN lease till 2029 to a strong franchisee with 55 units. NOI $120K/yr. $1.25M. 9.61% cap.
8. Family Dollar in Huntington, WV: 9180 SF single tenant retail building constructed in 2010 on nearly 2 ac lot. Recent 5 year NNN- lease renewal. NOI $82K/yr. $1.037M. 7.9% cap.
9. Family Dollar in Memphis, TN: 7842 SF well maintained freestanding retail building completed in 2011 on .64 ac lot. 100% NNN- corp lease till 2027. NOI 109K/yr. Price reduced from $1.55M to $1.3M. 8.45% cap.
10.Rite Aid in Belpre, OH: 11,180 SF drive-thru Rite Aid drug store built in 1999 on 1.88 ac lot at a signalized location. 100% NNN- corp lease with approximately 6 years left. NOI $236K/yr. $3.218M. 7.35% cap.