01-27: MOB, Walgreens, Apartments, Burger King, Family Dollar, Dollar General

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  • MOB in Maryville, IL: 31,567 SF medical office building completed in 2009 on 3 ac lot anchored by DaVita Dialysis in St Louis metro. Close to 151-bed Anderson Hospital. 91% NNN leased with a strong tenant mix. NOI $453K/yr. $6.35M. 7.15% actual cap. Upside potential.
  • Strip Center in Ventura, CA: 7681 SF well maintained strip center shadow-anchored by CVS Pharmacy in high income Southern California. Adjacent to Ventura City College, home to 15,000 students. 100% NNN leased. NOI $154K/yr. $2.125M. 7.25% cap.
  • Walgreens in Chesterfield, MI: 13,686 SF Walgreens Pharmacy built in 1998 on 2.66 ac lot at a major signalized intersection in growing and upper middle class Detroit suburbs. Across from Meijer Supermarket. 100% NNN corp lease with 4-yrs left. NOI $335K/yr. $4.79M. 7% cap.
  • Strip Center in Hilliard, OH: 3832 SF eye-catching strip center completed in 2006 in high income Columbus metro with an AHI of $84K/yr in 3 miles. 100% NNN leased to Cuzzin’s Yogurt, Mod Salon, Fast Signs, & Columbus’ #1 Jet’s Pizza. NOI $119K/yr. $1.442M. 8.25% cap.
  • Apartments in Rancho Cordova, CA: 18-units well maintained apartment complex in growing Sacramento suburbs. Fully renovated interiors include: granite countertops, new appliances and dual pane windows. Close to Hwy-50. 100% occupied. NOI $102K/yr. $1.35M. 7.62% cap.
  • Burger King in De Pere, WI: 2820 SF drive-thru fast food restaurant built in 1994 on over 2 ac lot on an off/on ramp to Hwy-172.  This is a sale/leaseback investment. 100% absolute NNN      lease till 2037. NOI $70K/yr with 1% annual rent increases. Billboard lease at $4500/yr till 2037. $1.027M. 7.25% cap.
  • Family Dollar in McKinney, TX: 8000 SF all-brick constructed retail building completed in 2003 on nearly 1 ac lot at a hard corner location in middle-class Dallas suburbs. Tenant pays low rent. 100% NNN lease with 3-yrs left. NOI $76K/yr. $1.129M. 6.75% cap.
  • Shopping Center in Waukegan, IL: 65,499 SF well maintained shopping center in Chicago suburbs. Good tenant mix include: Dollar General, Talecris Plasma Resources, Rent A Center, Metro PCS, Dotty’s Cafe, and Tacos El Norte among others. Shadow anchored by Lewis Produce Market. 92% NNN leased. NOI $696K/yr. $8.7M. 8% cap.
  • Dollar General in Hackettstown, NJ: 8952 SF recently renovated retail building in high income New York metro. 10-yrs NNN lease with 9-yrs left. NOI $117K/yr. $1.8M. 6.50% cap.
  • Retail Building in Royal Palm Beach, FL: 6370 SF attractive retail building constructed in 1997 on 1.25 ac corner lot in a growing an upper middle class. 100% leased to two tenants. NOI $109K/yr. $1.495M. 7.35% cap.

01-26: Starbucks Coffee, MOBs, Jiffy Lube, Retail Centers

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  • Starbucks Coffee in Benbrook, TX: 1825 SF highly rated on Yelp drive-thru Starbucks Coffee built in 2005 in growing and upper middle class Fort Worth suburbs. On an on/off ramp of I-20/820. 15-yrs absolute NNN corp lease with 5-yrs left. NOI $83K/yr. $1.39M. 6.01% cap.
  • MOB in Orlando, FL: 23,763 SF Class-A multi-tenant medical office building on over 1 ac lot. Close to Orlando Regional Medical Center and I-4. 100% NNN leased. NOI $396K/yr. $5.495M. 7.22% cap.
  • MOB in Scottsdale, AZ: 69,375 SF Class-A medical office building completed in 2003 on 5.69 ac lot in booming (151% pop growth since 2000) and affluent Phoenix metro with an AHI of $127K/yr in 1 mile. With easy access to Hwy-101. 85% leased to multiple tenants. 8% cap. Price N/A.
  • Retail Center in Spring, TX: 26,770 SF attractive retail center built in 2005 on 2.24 ac lot along main artery in high income (AHI %98K/yr) Houston suburbs. 95% NNN leased. NOI $441K/yr. $5.25M. 8.40% cap.
  • Jiffy Lube in Phoenix, AZ: 2300 SF auto service center on .69 ac lot along major retail corridor and in a high income neighborhood.  Across from Basha’s Grocery anchored center. Close to I-10. 100% absolute NNN lease with over 10-yrs left to a strong operator with 50-units.  NOI $105K/yr. $1.375M. 7.68% cap.
  • Strip Center in Gardena, CA: 5502 SF consisting to two retail buildings at a signalized intersection in densely populated Los Angeles area. NNN leases. NOI $113K/yr. $1.89M. 6% cap.
  • MOB in Richland, WA: 7912 SF well maintained multitenant medical office building on .70 ac lot adjacent to 249-bed Kadlec Regiional Medical Center. Pro forma NOI $93K/yr. $1.25M. 7.45% pro forma cap.
  • Mix-Used in Newhall, CA: 23,300 SF well kept retail/office building in growing and high income (AHI $94K/yr in 3 miles) Los Angeles suburbs. NOI $279K/yr. $4.05M. 6.90% cap.
  • MOB in Saint Clair Shores, MI: 11,112 SF single-tenant medical office building renovated in 2014 on over 1 ac lot in Detroit suburbs. 100% NNN lease with 5-yrs left to William Beaumont Hospital. NOI $192K/yr. $2.9M. 6.50% cap.
  • MOB in Orlando, FL: 6400 SF Class-A multitenant medical office building on nearly 1 ac lot anchored by Quest Diagnostics. Across from Publix Supermarket center. 100% leased. NOI $222K/yr. $2.965M. 7.50% cap.

01-23: CVS Pharmacy; MOB; Office Building; Shopping Center

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  • Retail Buildings in Forney, TX: 31,160 SF consisting of two attractive retail buildings constructed in 2006/2008 on 3.53 ac lot in fast growing & high income Dallas/Fort Worth suburbs. 89% NNN leased. Current NOI $389K/yr. $4.45M. 8.76% actual cap. Upside potential.
  • CVS in Alpharetta, GA: 10,722 SF well kept drug store built in 1998 on 1.82 ac lot at a hard corner location in affluent Atlanta suburbs with an AHI of $112K/yr in 3 mile radius. 100% NNN lease with over 3-yrs left. NOI $251K/yr. $3.415M. 7.35% cap.
  • MOB in Denton, TX: 12,202 SF Class- A single tenant medical office building constructed in 1995 on 1 ac lot. Across from Golden Triangle Mall, close to Denton Regional Medical Center and I-35E. Recently extended NNN lease with 5-yrs left to Valor Healthcare, a government contractor for the U.S. Dept of Veterans Affairs. NOI $173K/yr with a rent bump in 2017. $2.338M. 7.50% cap.
  • Shopping Center in Sayreville, NJ: 25,883 SF shopping center on 3.75 ac corner lot in high income New York metro. 89% leased. NOI $374K/yr. $5.2M. 7.20% cap.
  • Office Building in Ballwin, MO: 23,580 SF office building renovated in 1994 on 3.64 ac lot along major artery in St Louis suburbs. Close to Des Peres Hospital and I-270. NOI $260K/yr. $3.25M. 8% cap.

01-22: Professional Plaza, Shopping Centers, Retail Buildings

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  1. Retail Center in McDonough, GA: 20,053 SF attractive retail center built in 2005 on 1.75 ac lot in growing upper middle class Atlanta suburbs. Close to I-75. Tenants include: Firehouse Subs , Cricket Wireless and other established tenants. NOI $338K/yr. $4.1M. 8.25% cap.
  2. Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on 1.41 ac lot. Across from 225,000 SF Chapel Hill Center, with upscale restaurants including World Market, James Avery Craftsman, Mi Cocina and Buttons. With easy access to I-30. 100% NNN leased. NOI $356K/yr. $4.6M. 7.75% cap.
  3. Strip Center in Schaumburg, IL: 9600 SF well maintained strip center along major artery in Chicago suburbs. Close to Woodfield Mall and I-290. 100% leased. Pro forma NOI $156K/yr. $1.95M. 8% pro forma cap.
  4. Retail Center in Katy, TX: 11,921 SF attractive retail center built in 2003 on over 1 ac lot in a fast growing (120% pop growth) and affluent (AHI $150K/yr in 1 mile) Houston suburbs. Next to Walgreens and across from Kroger grocery center. 100% NNN leased to nine tenants. NOI $240K/yr. $3.2M. 7.50% cap.
  5. Professional Plaza in Mesa, AZ: 21,396 SF Class-B multitenant office building on 1.86 ac lot. Near Banner Desert Medical Center, Fiesta Mall and Hwy-60. 90% leased. NOI $170K/yr. $2.3M. 7.40% cap.
  6. Shopping Center in Carrollton, TX: 31,611 SF shopping center built in 2002 on 4.32 ac lot in growing Fort Worth/Dallas metro. Tenants include: Villa Mediterranean Grill, Carrollton PMT Center, Corporate Caterers, Allstate Insurance, Two Men Music, US Healthworks, The Daiquiri Shoppe, Big Slick Poker Academy, and Renegade Classics DFW. 94% NN leased. NOI $378K/yr. $4.1M. 9.23% cap.
  7. Retail Center in Algonquin, IL: 18,913 SF attractive retail center constructed in 2008 on over 2 ac lot in growing and upper middle class Chicago suburbs. NOI $232K/yr. $2.9M. 8% cap.
  8. Strip Center in Poughkeepsie, NY: 7033 SF eye-catching strip center on 1.37 ac lot along main artery in New York MSA. Credit tenants include: Starbucks and Panera Bread.100% NN leased to three tenants. NOI $172K/yr. $2.379M. 7.25% cap.

01-22: Professional Plaza, Shopping Centers, Retail Buildings

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  • Retail Center in McDonough, GA: 20,053 SF attractive retail center built in 2005 on 1.75 ac lot in growing upper middle class Atlanta suburbs. Close to I-75. Tenants include: Firehouse Subs , Cricket Wireless and other established tenants. NOI $338K/yr. $4.1M. 8.25% cap.
  • Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on 1.41 ac lot. Across from 225,000 SF Chapel Hill Center, with upscale restaurants including World Market, James Avery Craftsman, Mi Cocina and Buttons. With easy access to I-30. 100% NNN leased. NOI $356K/yr. $4.6M. 7.75% cap.
  • Strip Center in Schaumburg, IL: 9600 SF well maintained strip center along major artery in Chicago suburbs. Close to Woodfield Mall and I-290. 100% leased. Pro forma NOI $156K/yr. $1.95M. 8% pro forma cap.
  • Retail Center in Katy, TX: 11,921 SF attractive retail center built in 2003 on over 1 ac lot in a fast growing (120% pop growth) and affluent (AHI $150K/yr in 1 mile) Houston suburbs. Next to Walgreens and across from Kroger grocery center. 100% NNN leased to nine tenants. NOI $240K/yr. $3.2M. 7.50% cap.
  • Professional Plaza in Mesa, AZ: 21,396 SF Class-B multitenant office building on 1.86 ac lot. Near Banner Desert Medical Center, Fiesta Mall and Hwy-60. 90% leased. NOI $170K/yr. $2.3M. 7.40% cap.
  • Shopping Center in Carrollton, TX: 31,611 SF shopping center built in 2002 on 4.32 ac lot in growing Fort Worth/Dallas metro. Tenants include: Villa Mediterranean Grill, Carrollton PMT Center, Corporate Caterers, Allstate Insurance, Two Men Music, US Healthworks, The Daiquiri Shoppe, Big Slick Poker Academy, and Renegade Classics DFW. 94% NN leased. NOI $378K/yr. $4.1M. 9.23% cap.
  • Retail Center in Algonquin, IL: 18,913 SF attractive retail center constructed in 2008 on over 2 ac lot in growing and upper middle class Chicago suburbs. NOI $232K/yr. $2.9M. 8% cap.
  • Strip Center in Poughkeepsie, NY: 7033 SF eye-catching strip center on 1.37 ac lot along main artery in New York MSA. Credit tenants include: Starbucks and Panera Bread.100% NN leased to three tenants. NOI $172K/yr. $2.379M. 7.25% cap.

01-21: Winn Dixie, Shopping Centers, Retail Plaza, MOB

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  1. Winn Dixie in North Fort Myers, FL: 46,295 SF free-standing Winn Dixie supermarkets along major retail corridor in Cape Corral suburbs. 100% NNN- corp lease with 5-yrs left to a private company with 688 stores. NOI $525K/yr. $6M. 8.75% cap.
  2. Retail Center in Mesa, AZ: 11,257 SF attractive retail center at a hard corner location in growing Phoenix suburbs. 100% NNN leased. NOI $181K/yr. $2.59M. 7.01% cap.
  3. MOB in Lee’s Summit, IL: 14,078 SF Class-B multitenant medical office building completed in 2006 in Kansas City MSA. Across from 171-bed Saint Luke’s East Hospital. With easy access to I-470. 100% leased to DaVita, Arms Dodge Nephrology, Amedisys and Ophthalmology Practice. NOI $243K/yr. $3.36M. 7.24% cap.
  4. Retail Plaza in Lawrenceville, GA: 38,800 SF consisting of two retail buildings constructed in 2009/2010 in fast growing Atlanta suburbs. All units face main corridor. Close to Gwinnett Medical Center and Hwy-316. Nearly fully leased to a diverse mix of local tenants. NOI $489K/yr. $6.1M. 8.02% cap.
  5. Retail Center in South El Monte, CA: 11,086 SF well maintained retail center at a signalized corner location in densely populated Los Angeles County. Easy access to Hwy-60. 100% NNN leased. NOI $280K/yr. $3.95M. 7.10% cap.
  6. Neighborhood Center in Atwater, CA: 109,698 SF shopping center renovated in 2007 on over 10 acres of land anchored by 87,888 SF K-Mart at a high traffic location in a growing city near Merced. 98% NNN leased with only two vacancies. NOI $709K/yr. $5.995M. 11.83% cap.
  7. Shopping Center in Sunrise, FL: 31,524 SF well maintained shopping center on 6.69 ac lot along busy artery in Fort Lauderdale suburbs. 93% leased. NOI $327K/yr. $3.8M. 8.63% cap.
  8. Retail Center in Las Vegas, NV: 11,288 SF attractive retail center built in 2005 at a corner location. Good demographics: 172% pop growth since 2000 and upper middle class area with an AHI of $70K/yr in a 3 mile ring. 100% leased. NOI $119K/yr. $1.49M. 8% cap.

01-20: Chipotle, Meineke, Mixed-Use, Shopping Centers

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  • Retail Center in North Shores, MI: 10,500 SF attractive strip center built in 2000 on 1.26 ac outpad to Power Center with Hobby Lobby, TJ Maxx and Target. Adjacent to The Lakes Mall and near Hwy-31. 81% leased. NOI $113K/yr. $1.425M. 8% cap.
  • Chipotle in Puyallup, WA: 2137 SF brand new Chipotle restaurant on .51 ac lot in fast growing and upper middle class Tacoma/Seattle suburbs. Close to 1,000,000 SF South Hill Mall. Near MultiCare Good Samaritan Hospital and Hwy-512. 15-yrs NNN lease. NOI $100K/yr with 10% rent increases every 5-yrs. $2.015M. 5% cap.
  • Retail Buildings in Phoenix, AZ: 21,219 SF consisting of three retail buildings on 1.37 ac lot along main corridor and at a signalized intersection. Shadow anchored by 99 cents Only. Next to Home Depot.  Close to Paradise Valley Hospital and Hwy-51. 93% leased. NOI $245K/yr. $3.063M. 8% cap.
  • Office Building in Oregon City, OR: 34,361 SF Class-A multitenant office building on 1.47 ac corner lot. Close to Providence Willamette Medical Center. 87% leased to federal, state and local government tenants. NOI $523K/yr. $6.75M. 7.75% cap.
  • Shopping Center in Apple Valley, MN: 39,300 SF consisting of two well maintained retail buildings on over 3 ac lot in high income Minneapolis suburbs. Roof replaced in 2014. 72% leased with good tenant mix. NOI $188K/yr. $2.9M. 6.50% actual cap. Upside potential.
  • Shopping Center in Houston, TX: 91,382 SF attractive shopping center on 7.21 ac lot anchored by Food Town in a densely populated area. 95% leased. Price/NOI N/A.
  • Meineke in Peoria, AZ: 2550 SF auto care center built in 2005 on 1 ac lot in Phoenix suburbs. With easy access to Hwy-101. 100% NNN leased with 5-yrs left. NOI $96K/yr with annual rent increases. $$1.327M. 7.25% cap.
  • MOB in Houston, TX: 26,986 SF Class-B multitenant medical office building on 1.46 ac lot adjacent to Houston Northwest Medical Center. Close to I-45. 96% leased. Actual NOI $224K/yr. $2.882M. 7.79% actual cap. Upside potential when fully leased.
  • Mixed-Use in Fremont, CA: 10,138 SF well kept retail/office building renovated in 2004 in a high income Silicon Valley suburbs with an AHI of $100K/yr in 1 mile. Close to Washington Hospital and I-880. $2.448M.

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

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  • 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

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  • 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

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  • 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.