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May 2018

04-05: Advance Auto Parts, DaVita, Starbucks Coffee, Denny’s, Brakes Plus, Shopping Centers

1.   Advance Auto Parts in Jacksonville, FL: 7,000 SF single tenant auto parts center at a corner location. 15 year NNN- lease with 5 years left. NOI $135K/yr. $1.84M. 7.35% cap. 2.   Retail Center in Raleigh, NC: 10,100 SF attractive retail center built in 2007 on .90 ac lot. Across from Walmart Supercenter. 100% leased to six tenants. Five NNN leases. NOI $200K/yr. $2.675M. 7.49% cap. 3.   DaVita in Stockton, …Read More