01-19: Goodwill, MOB, Professional Building, Retail Centers

/by
  • Professional Building in Marlton, NJ: 10,680 SF medical/office building on .32 ac lot in growing and high income Philadelphia suburbs with an AHI of $102K/yr in 3 mile radius. 70% leased. $1.5M. NOI N/A.
  • Goodwill in Columbus, OH: Brand new 17,654 SF build-to-suit single tenant retail building on 1.79 ac lot adjacent to Meijer Super market and close to I-70. New 15-yrs absolute NNN lease. NOI $217K/yr with 6.50% rent bumps every 5-yrs. $3.35M. 6.50% cap.
  • Retail Center in Puyallup, WA: 13,575 SF well maintained retail center in fast growing Tacoma/Seattle suburbs. 92% leased with only one vacant unit. NOI $186K/yr. $2.636M. 7.08% cap.
  • Retail Center in Orland Park, IL: 17,342 SF attractive retail center built in 2009 on 2.39 ac lot in a fast growing and high income (AHI $92K/yr in 3 miles) Chicago suburbs. Close to Orland Square Mall. 100% NNN leased to Children of America and Bear Paddle Swim School.      NOI $300K/yr. $4.2M. 7.16% cap.
  • MOB in Orlando, FL: 13,234 SF eye-catching medical office building on 1 ac lot along main artery. Near University of Central Florida, the 2nd largest university in the U.S. 100% NNN leased by three tenants. $3.285M. NOI N/A.
  • Shopping Center in Montgomery, AL: 68,250 SF attractive shopping center constructed in 2005 on over 11 acres of land anchored by Publix Supermarkets. 92% leased with good tenant mix. 6.40% cap. NOI N/A.

01-16: Breckenridge Alle House, Big Lots, Michaels, Retail Centers

/by
  • Breckenridge Ale House in Grand Junction, CO: 7803 SF highly rated on Yelp bar and restaurant renovated in 2009 on .69 ac lot adjacent to St. Mary’s Hospital and Regional Medical Center & Colorado Mesa University.  New 20-yrs absolute NNN lease. NOI $228K/yr with 2% annual rent increases. $3.508M. 6.50% cap.
  • Big Lots in Bakersfield, CA: 30,312 SF Big Lots renovated in 2014 on 3.55 ac lot along main corridor with several points of access. Recently signed 10-yrs NNN- corp lease. NOI $248K/yr. $4.145M. 6% cap. NOTE: flyer not available, full brochure upon request.
  • Neighborhood Center in Oklahoma City, OK: 104,520 SF shopping center built in 2004 on over 8 acres of land at a bury artery. Across from Oklahoma City University. Major tenant include: Westlake Hardware, Gold’s Gym, Dollar Tree and Citi Trends. 93% NNN leased. NOI $782K/yr. $10M. 7.82% cap.
  • Mixed-Use in Phoenix, AZ: 37,840 SF well maintained office/retail center on over 5 ac lot at a high traffic intersection. Adjacent to CVS Pharmacy and across from Paradise Valley Community Collage with over 9,000 students. 84% leased. Current NOI $499K/yr. $6.452M. 7.75% current cap. Upside potential.
  • Shopping Center in Palm Springs, FL: 44,300 SF shopping center completely renovated in 2005/2007 on 5.37 ac lot along main corridor in a growing area. 100% leased. NOI $560K/yr. $7M. 8.01% cap.
  • Retail Center in Plantation, FL: 35,937 SF well maintained retail center on over 3 ac lot along main thoroughfare in Fort Lauderdale suburbs. Tenants include Allstate Insurance, A-1 American Plumbing, Plantation Open MRI, All Uniform Wear and Ruby’ s Academy for Home Health Occupations. NOI $246K/yr. $3.25M. 7.57% cap.
  • Michaels in Bellingham, WA: 23,687 SF single tenant retail building completed in 2004 on 2.17 ac lot in a fast growing area. Adjacent to Cordata Center with Costco, T.J. Maxx and Best Buy. Across from Walmart, near Bellis Fair Mall and I-5. 10-yrs NNN lease with 9-yrs left. NOI $257K/yr. $3.98M. 6.46% cap.

01-15: Jiffy Lube, KFC, AAP, China Star, MOB, Retail Centers

/by
  • Jiffy Lube in Missouri City, TX: 3735 SF Jiffy Lube built in 1993 on .48 ac lot at a major retail corridor in a fast growing and high income Houston suburbs. Across from Riverstone Shopping Center with, Home Depot, Target, PetSmart, Hobby Lobby and more. Near Walmart and Lowe’s. New 20-yrs NNN lease. NOI $150K/yr with 10% rent bumps every 5-yrs. $2.222M. 6.75% cap.
  • KFC in Elgin, IL: 2739 SF single tenant fast food restaurant along busy thoroughfare in Chicago suburbs. 100% absolute NNN lease with 10+ yrs left      . NOI $60K/yr with 10% rent increases every 5-yrs. $1.005M. 6% cap.
  • Shopping Center in Lauderhill, FL: 28,265 SF attractive shopping center on 2.79 ac corner lot along main artery in fort Lauderdale metro. NOI $319K/yr. $4.5M. 7.09% cap.
  • Retail/Industrial Complex in Dublin, CA: 59,754 SF consisting of five buildings on 3 ac lot in wealthy San Francisco metro with an AHI of $121K/yr  in a 3 mile ring. Easy access to I-680/580. 95% leased to sixteen tenants. NOI $675K/yr. $11.255M. 6% cap.
  • Retail Building in Phoenix, AZ: 81,200 SF big box retail building completed in 2013 on 5.63 ac lot at a prime retail corridor in growing (141.64% pop growth) area.  Across from Walmart Supercenter. 100% corp leased to Goodwill and C-A-L Ranch Stores with 25 stores. NOI $530K/yr. $8.035M. 6.61% cap.
  • Advance Auto Parts in Memphis, TN: 5675 SF Auto Parts Center on .63 ac lot in a densely populated area. Close to Regional Medical Center and I-240. 100% NNN leased with 4-yrs left. NOI $88K/yr. $1.1M. 8% cap.
  • China Star in Las Vegas, NV: 6300 SF attractive buffet restaurant built in 2007on over 1 ac lot in densely populated (395,000 residents in 5 miles) and upper middle class area. Adjacent to      major centers with Big Lots, Home Depot, Walgreens, Petco and more. 20 yrs  NNN leased till 2027. $2.1M. NOI $151K/yr.  7.2% cap.
  • KFC in Joliet, IL: 3101 SF well maintained KFC restaurant on .82 ac lot in growing and middle class Chicago MSA. Close to Provena Saint Joseph Medical Center and Jefferson Square Mall. 100% absolute NNN lease. NOI $60K/yr with 10% rent increases every 5-yrs. $1.012M. 6% cap.
  • MOB in Kalamazoo, MI: 8800 SF Class-B multitenant medical office building completed in 2006 on 1.62 ac lot adjacent to Borgess Medical Center. 100% leased. NOI $147K/yr. $2.09M. 7.04% cap.
  • Retail Center in Coon Rapids, MN: 18,102 SF eye-catching retail center built in 2006 on 2 ac lot in high income Minneapolis suburbs. On/off ramp of Hwy-10. Close to Riverdale Village with Costco, Menards, Best Buy, Kohl’s and Dick’s Sporting Goods. 94% leased with good tenant mix. NOI $302K/yr. $4.1M. 7.39% cap.

01-14: DaVita, Mixed-Use, Apartments, MOB, Hereford House, Denny’s, Sherwin Williams

/by
  • Retail Center in Union Township, OH: 12,442 SF attractive retail center built in 2006 on 1.83 ac lot in growing Cincinnati suburbs. 100% leased by a strong mix of local and national tenants. Across from Meijer Supermarket. NOI $244K/yr. $2.877M. 8.50% cap.
  • DaVita in Fairfield, CA: 8555 SF state-of-the-art dialysis center completed in 2014 on .84 ac lot in a growing and upper middle-class Solano County between Sacramento and San Francisco. Close to 132-bed NorthBay Medical Center, Solano Town Center with over 135 stores and I-80. 15-yrs NNN- corp lease with over 14-yrs left. NOI $283K/yr with 10% rent bumps every 5-yrs. $4.926M. 5.75% cap.
  • Mixed-Use in Santa Clarita, CA: 29,853 SF well maintained office/retail center on over 1 ac lot in densely populated and high income (AHI $85K/yr in a 5 mile ring) Los Angeles suburbs. NOI $330K/yr. $6.35M. 5.14% cap.
  • Apartments in Fresno, CA: 26-units well kept multifamily complex in a fast growing middle-class area. Near shopping centers and Hwy-180. 93% occupied. NOI $103K/yr. $1.508M. 6.83% cap.
  • Retail Center in Southaven, MS: 15,900 SF attractive retail center built in 2007 on 2.29 ac lot in growing Memphis suburbs. Close to249-bed Baptist Memorial Hospital-Desoto and I-55. 100% NNN leased to Belhaven University, Ageless Men’s Health, Firehouse Subs, Batteries Plus, AAA, Sport Clips and Swankys Taco Shop. NOI $275K/yr. $3.5M. 7.87% cap.
  • MOB in Lewisville, TX: 10,000 SF medical office building in fast growing Dallas suburbs. Across from Medical Center of Lewisville and close to I-35E. 93% leased. NOI $108K/yr. $1.3M. 8.38% cap.
  • Sherwin Williams in Haddon Heights, NJ: 5773 SF single tenant retail building in high income Philadelphia suburbs with an AHI of $83K/yr. Tenant has been at this location for 45-yrs. 100% NNN- lease with 5-yrs left. NOI $57K/yr. $792K. 7.20% cap.
  • Strip Center in Yucaipa, CA: 5907 SF strip center on .69 ac lot at a signalized location in San Bernardino County. Good demographics: 120% pop growth since 2000 & AHI of $91K/yr in 1 mile ring. 100% NNN leased. NOI $136K/yr. $2.028M. 6.75% cap.
  • Hereford House in Leawood, KS: 11,055 SF Steakhouse Restaurant on 1 ac outparcel to Town Center Plaza, a Power Center with over 90 stores, including AMC Theatres, Macys, Barnes & Noble and Dicks Sporting Goods. Near Menorah Medical Center and Sprint Campus World HQ. New 15-yrs NNN lease. NOI $254K/yr with annual rent increases. $3.512M. 7.25% cap.
  • Denny’s in Carpentersville, IL: 7022 SF franchised restaurant on 1.41 ac lot at a signalized entrance to Spring Hill Mall with over 120 stores in growing and high income Chicago suburbs. Tenant has been at this location for 20-yrs.  Recently extended absolute NNN lease with over 7-yrs left to strong operator with 27-units. NOI $125K/yr with 1% annual rent increases. $1.75M. 7.16% cap.

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

/by
  • 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.

01-12: Midas, Animal Hospital, Cash America, Mexican Restaurant, Multi Family, Rite Aid

/by
  1. Midas Auto in Campbell, CA: 4000 SF Midas at an irreplaceable location  next to Hwy 17 exit in high-income Silicon Valley.  Tenant has been here for 37 years and just signed a new 9 yr corp NNN lease.  NOI $102K with 10% rent bump in 2018.  $2.148M. 4.75% cap.
  2. Strip Center in Sacramento, CA: 5818 SF strip center on a busy artery.  100% leased to 3 stable tenants who have been there for over 10 yrs: Laundromat,  Liquor store, and Yelp highly-rated Crazy Sushi restaurant.  NOI $89K/yr. $1.39M. 6.4% cap.
  3. VCA Animal Hospital in Saginaw, TX: 6071 SF animal hospital with surgical facilities built in 2004 on .98 ac lot in high-growth, strong-income Dallas-Fort Worth metro.  15 yrs absolute NNN lease to publically traded VCA Animal Hospitals (NASDAG: WOOF) with 5 yrs left.  NOI $174K/yr. $2.366M. 7.35% cap.
  4. Cash America in Indianapolis, IN: 8000 SF single-tenant Cash America on 2.17 ac lot.  100% NNN- lease to Cash America, a national tenant with 5 yrs left. NOI $72K/yr. $900K.  8% cap.
  5. Retail Center in Edmond, OK: 15,970 SF 9-unit retail center on 1.64 ac lot in Oklahoma City metro. 91% NNN leased.  Actual NOI $197K/yr. $2.6M. 7.6% cap.  Upside potential when fully leased.
  6. Mendoza’s Tequeria restaurant in San Jose, CA: 3200 SF Mexican highly-rated restaurant on a main artery in San Jose.  Tenant has been here for 15 yrs and just extended for 6 yrs. NOI $101K/yr with rent bump in late 2015.  $1.68M. 6% cap.
  7. Multi-family in Plainfield, NJ: portfolio of 2 multi-family properties in middle class NY metro consisting of 14-unit with combined 11,996 SF.  NOI $116K/yr. $1.35M. 8.61% cap.
  8. Rite Aid in Warren, OH: 11,325 SF drug store built in 1996 on 1.95 ac lot in Cleveland suburbs.  100% NNN- leased till 2028. NOI $151K/yr. $2.399M. 6.4% cap.
  9. Multi-Family in Homestead, FL: 12-unit beautiful multi-family in gated communities in south Miami. NOI $87K/yr. $1.45M. 6% cap.

01-09: DaVita, Whataburger, World Market, AutoZone, Long John Silver’s & A&W, Jiffy Lube, MOB

/by
  • DaVita in Fresno, CA: 6150 SF dialysis center built in 2014 on .52 ac lot along busy corridor and in a fast growing area. Close to Kaiser Permanente Medical Center. 15-yrs NNN- corp lease. NOI $150K/yr with 10% rent bumps every 5-yrs. $2.727M. 5.50% cap.
  • Whataburger in Phoenix, AZ: 2855 SF drive-thru fast food restaurant constructed in 2000 on over 1 ac outparcel to Big Lots. On off/on ramp of I-17. Close to 221-bed Phoenix Baptist Hospital. 20-yrs absolute NNN corp lease with 5-yrs left. NOI $148K/yr. $2.095M. 7% cap.
  • Shopping Center in Milwaukee, WI: 35,327 SF well kept shopping center on 3½ ac corner lot in a fast growing middle-class area. Close to new Walmart Supercenter. 83% leased with mostly NNN leases. Actual NOI $311K/yr. $3.617M. 8.62% actual cap. Upside potential.
  • Retail Center in Orlando, FL: 21,599 SF eye-catching retail center built in 2006 on  3.3 ac outparcel to Publix shopping center in growing & high income area. All units face main artery. 95% leased. NOI $361K/yr. Price N/A.
  • Retail Building in Franklin Square, NY: 10,088 SF well maintained retail building along major thoroughfare in densely populated New York suburbs with over 700,000 residents in a 5 mile ring. Leased to long term tenants. NOI $119K/yr. $2M. 6% cap.
  • World Market in Prescott, AZ: 18,300 SF single-tenant retail building on 1.79 ac outparcel to Prescott Gateway Mall, a 589,854-square foot regional mall anchored by Dillard’ s, JCPenney, Sears, Best Buy and many more.. Recently extended NNN lease with 8-yrs left. NOI $142K/yr. $2.039M. 7% cap.
  • AutoZone in San Bernardino, CA: 10,500 SF AutoZone on .66 ac outparcel to Harbor Freight Tools and Mike & Judies Grocery Warehouse. Near Inland Center Mall with easy access to I-215.  100% leased.  NOI $126K/yr. $2.027M. 6.25%cap.
  • Long John Silver’s / A&W in Lafayette, IN: 2780 dual branded fast food restaurant along main retail corridor. Close to 864,000 SF Tippecanoe Mall with over 100 stores. Brand new 20-yrs NNN lease. NOI $96K/yr with 10% rent bumps every 5-yrs. $1.476M. 6.50% cap.
  • MOB in Freeport, NY: 19,200 SF Class-B medical building renovated in 1995 anchored by DaVita in affluent (AHI $108K/yr in 3 miles) New York suburbs. 74% NNN leased. NOI $361K/yr. $4.75M. 7.60% Cap.
  • Jiffy Lube in La Grande Park, IL: 1400 SF auto center in growing and high income Chicago suburbs with an AHI of $86K/yr in 1 mile. 100% NNN lease with 7-yrs left to a strong franchisee with over 500 units. NOI $71K/yr with a 10% rent bump in 2017. $1.016M. 7% cap.

01-08: O’Charley’s, Arby’s, Burger King, Starbuck Coffee, CVS, Rite Aid

/by
  • O’Charley’s in Asheville, NC: 6802 SF attractive casual dining restaurant constructed in 1996 on1.59 ac lot along main retail corridor. Close to Asheville Mall and with easy access to I-240. 20-yrs absolute NNN lease with 9-yrs left, to a restaurant chain with over 200 locations. NOI $155K/yr with annual rent increases. $2.005M. 7.75% cap.
  • Retail Buildings in Plano, TX: 21,817 SF consisting of two attractive retail buildings along Hwy-75 in fast growing Dallas suburbs. Close to Costco, Lowes and Walmart Supercenter. 100% NNN leased. NOI $487K/yr. $6.29M. 7.75% cap.
  • Arby’s in Mundelein, IL: 4023 SF well maintained franchised restaurant on .87 ac outparcel to recently renovated Jewel-Osco and Burlington Coat Factory Center. In growing and affluent Chicago suburbs with an AHI of $103K/yr in 1 mile. 20-yrs absolute NNN lease with 5-yrs left to a strong operator with 25-units. NOI $72K/yr with 1.5% rent bumps starting in 2018. $929K/yr. 7.75% cap.
  • Burger King in San Antonio, TX: 2505 SF franchised fast food restaurant built in 2006 on .48 ac lot. Across from Walmart Supercenter, Home Depot, Target and H-E-B Supermarket. Close to Mission Trail Baptist Hospital and I-37. This is a sale/leaseback investment. Long absolute NNN lease to an experience operator with 20-units. NOI $100K/yr. $1.667M. 6% cap.
  • Starbucks Coffee in San Antonio, TX: 1785 SF drive-thru newly constructed retail building at a signalized intersection. Across from Lowe’s and Sprouts Farmers Market. With easy access to I-10.  Close to University Hospital, Methodist Hospital and St. Luke’s Baptist Hospital.  New 10-yrs NNN- lease. NOI $87K/yr. $1.749M. 5% cap.
  • Rite Aid in Ogden, UT: 21,000 SF well maintained Rite Aid Pharmacy on .92 ac lot in growing town North of Salt Lake City. Tenant has been at this location since 1965. 7-yrs recently extended NNN- corp lease. NOI $99K/yr. $1.523M. 6.50% cap.
  • CVS in San Bernardino, CA: 15,251 SF CVS Pharmacy built in 2002 on over 2 ac lot at a hard corner location. Adjacent to California State University San Bernardino. 100% NNN corp lease with over 9-yrs left. NOI $353K/yr with 5% rent bumps every 5-yrs. $6.615M. 5.35% cap.
  • KFC in West View, PA: 3238 SF KFC restaurant built in 2001 on .56 ac lot in middle-class Pittsburgh suburbs. Near shopping center with Kmart and Giant Eagle Grocery. 100% absolute NNN lease with 17-yrs left. NOI $67K/yr with 1.5% annual rent increases. $1.132M. 6% cap.
  • Shopping Center in Plano, TX: 28,805 SF attractive shopping center on nearly 3 ac lot in fast growing and upper middle class Dallas Metro. Shadow anchored by Kroger, a major supermarket chain with 2640 locations. 81% leased. NOI $247K/yr.$3.81M. 6.50% cap. Upside potential when fully leased.
  • Retail Building in Artesia, CA: 3150 SF well kept single-tenant retail building in densely populated and high income (AHI $89K/yr) Los Angeles County. Across from Los Cerritos Center and close to I-605.  100% NNN lease with 2-yrs left. NOI $110K/yr. $1.88M. 5.80% cap.

01-07: MOB, Bruno’s Burgers, Mixed-use, Retail Centers

/by
  • Shopping Center in Fairview Heights, IL: 59,386 SF shopping center built in 2009 on 5.90 ac lot in growing St Louis metro. Anchored by 25,546 SF JoAnn’s Fabrics & Party City. Adjacent to St. Clair Square Mall and near I-64. 100% NNN leased. NOI $684K/yr. $8.055M. 8.50% cap.
  • Retail Building in St. Louis, MO: 9,971 SF attractive retail building constructed in 2007 on .89 ac corner lot. Excellent tenant mix: City Gear, Check N Go, Boost Mobile and Instant Tax Service. 100% NNN leased. NOI $117K/yr. $1.232M. 9.50% cap.
  • Retail Building in Woodbury, MN: 9426 SF eye-catching retail center on 1.54 ac lot in growing (64% pop growth since 2000) and affluent (AHI $117K/yr) Minneapolis/St Paul suburbs. 100% NNN leased. NOI $127K/yr. $1.55M. 8.24% cap.
  • Bruno’s Burgers in Inglewood, CA: 1227 SF fast food restaurant at a   signalized corner location in Los Angeles area. Along major artery and close to Centinela Hospital Medical Center. 100% NNN lease with 12-yrs left. NOI $48K/yr with CPI rent increases every 2-yrs. $740K. 6.49% cap.
  • Retail Center in Scottdale, GA: 15,300 SF well maintained retail center constructed in 2002 on over 1 ac lot in fast growing Atlanta suburbs. Close to Dekalb Medical Center. 85% leased. Actual NOI $105K/yr. $1.275M. 8.50% actual cap. Upside potential.
  • Retail Building in Rancho Cordova, CA: 23,640 SF retail building on over 3 ac lot along major retail artery. Part of Zinfandel Square Center with Target, Ross Dress for Less, 99 Cents Only and more. Tenants include: Grocery Outlet, a regional grocery chain and Furniture Store. NOI $243K/yr. $4.05M. 6% cap.
  • MOB in Sunnyvale, TX: 11,492 SF Class-A multitenant medical office building on 2.52 ac lot in high income Dallas suburbs. Near Texas Regional Medical Center. NNN leased to stable tenants. NOI $292K/yr. $3.9M. 7.50% cap.
  • Arby’s in McHenry, IL: 3070 SF Arby’s Restaurant completed in 1994 outparcel to a Power Center anchored by Target in Chicago metro. Along major retail artery. 100% absolute NNN lease with 8-yrs left to a strong franchisee with 25-units. NOI $101K/yr. $1.2M. 8.46% cap.
  • Mixed-use in West Orange, NJ: 11,348 SF well kept office/ retail center in affluent New York suburbs with an AHI of $118K/y in 1 mile ring. 80% lease. Actual NOI $192K/yr. $2.725M. 7.06% cap. Upside potential when fully leased.

01-06: Walgreens, MOB, Shopping Centers, Retail Centers

/by
  • Walgreens in Chicago, IL: 13,000 SF built-to-suit pharmacy constructed in 1993 on 1 ac lot at a signalized intersection. With easy access to I-94. 100% NN lease with 4-yrs left. NOI $159K/yr. $2.461M. 6.50% cap.
  • MOB in Florence, KY: 18,283 SF well maintained medical office building renovated/expanded in 2007 on 1.71 ac lot in Cincinnati suburbs. Close to I-75.  Anchored by Fresenius Dialysis Center. 100% NNN leased to multiple tenants. NOI $320K/yr. $3.375M. 9.51% cap.
  • Shopping Center in Kissimmee, FL: 28,827 SF well maintained shopping center on over 2 ac lot along major artery in Orlando suburbs. 100% NNN leased. NOI $429K/yr. $5.544M. 7.75% cap.
  • Office Building in Santa Fe, NM: 31,975 SF Class-A multitenant office building adjacent to CHRISTUS St Vincent Regional Medical Center. 97% leased. NOI $405K/yr. $5.375M. 8.30% cap.
  • Retail Center in Chino, CA: 12,069 SF retail building completed in 2009 on 1.58 ac lot in high income (AHI $99K/yr in 3 miles) San Bernardino County. Shadow anchored by Home Depot and JC Penney. 100% NNN leased. NOI $194K/yr. $3.117M. 6.25% cap.
  • Retail Center in Indio, CA: 15,136 SF well kept retail center on 1.34 ac outparcel to Cardenas Supermarket and CVS Pharmacy. Across from Fiesta Mall and near JFK Memorial Hospital. 100% leased. NOI $164K/yr. $2.995M. 5.50% cap.
  • Neighborhood Center in Las Vegas, NV: 71,008 SF attractive anchored shopping center on 6.46 ac lot in densely populated Clark County. Close to Meadows Mall and Hwy-95. 97% leased. NOI $797K/yr. $10.9M. 7.32% cap.
  • Office Building in Glastonbury, CT: 11,000 SF Class-B office building on 1½ ac lot in high income Hartford metro with an AHI of $92K/yr in a 3 mile ring. 100% leased to eight tenants. NOI $91K/yr. $995M. 9.20% cap.
  • Retail Center in Sicklerville, NJ: 12,039 SF attractive retail center completed in 2009 on 1.88 ac lot in affluent (AHI $105K/yr) Philadelphia MSA. Adjacent to 122,000 SF The Shoppes at Cross Keys. 100% leased with good tenant mix. NOI $313K/yr. $4.475M. 7% cap.
  • Shopping Center in Mesa, AZ: 34,140 SF L-shaped shopping center renovated in 1994 on over 3 ac lot at a hard corner location. Anchored by The Learning Foundation and Performing Arts School. 100% leased. NOI $327K/yr. $4.362M. 7.50% cap.