Shopping Center in Fairview Heights, IL: 47,386 SF brand new retail center on 6 acres lot near 1.1 Million SF St Clair Square Mall just off I-64 in St Louis suburb. 100% NNN leased by 3 national and regional tenants: Jo-Ann Fabrics, Monkey Joe’s, and Archiver’s. NOI $472K/yr. $5.245M. 9% cap.
National Tire & Battery in League City, TX: 7895 SF brand new single-tenant retail building on 1 acre lot with I-45 frontage in Houston suburb. 25 yrs NNN lease by a public company with a networth over $500M. NOI $191K/yr with 10% rent increase every 5 yrs. $2.546M. 7.5% cap.
Shopping Center in Rancho Mirage, CA: 25,789 SF upscale shopping center built in 2007 on 2.25 acres lot in a wealthy town with AHI over $174K/yr. NOI over $1M. $13.83M. 7.25% cap. Buyer to assume $10.9M at low 5.95% interest. Low 21% down payment.
Shopping center in Yorba Linda, CA: 19,511 SF 14-unit retail center on 1.75 acres lot in an affluent city (AHI over $111K/yr) in Orange county. Shadow anchored by Stater Brothers Grocery. 85% leased. Proforma NOI $412K/yr. $6M. 6.87% cap.
Compass Bank building in Beaumont, TX: 49,639 SF office building on 2.64 acres lot. 7 yrs NNN leased by Compass Bank with S&P rating of A+ and 587 branches in 6 states. $3.75M. 8.94% cap.
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