- Shopping Center in Phoenix, AZ: 19,818 SF shopping center built in 1998 on 2.21 acres of land shadow-anchored by Albertsons/Walgreen’s with great tenant mix near Fwy-101. 89% leased. NOI $344K/yr. $3.825M. 9% Cap on actual income. Upside potential when fully leased.
- Pep Boys in Las Vegas, NV: 20,886 SF well located retail building on 2.13 acres of land with easy ingress/egress at main thoroughfare near I-95. New 15-years absolute NNN corp lease with 1.5% annual rent increases. NOI $300K/yr. $4.141M. 7.25% Cap.
- Strip Center in Wilmington, NC: 15,790 SF attractive strip center shadow-anchored by Wal-Mart built in 2003 on 1.52 acres of land at main retail road. 77% leased by good tenant mix. NOI $234K/yr. $2.970M. 7.89% ACTUAL Cap. Great upside potential.
- Retail Center in Atascadero, CA: 3496 SF recently remodeled retail center shadow-anchored by a 24-hours Walgreen’s at strong freeway exit location. 100% NNN leased by Chase Bank and Verizon Wireless. NOI $107K/yr. $1.539M. 7% Cap.
- Strip Center in Highlands Ranch, CO: 9919 SF strip center build in 2003 on .77 acre lot adjacent to King Soopers located in affluent (AHI $116K/yr within three mile radius) neighborhood. 100% NNN leased by 3 tenants. NOI $241K/yr. $3.225M. 7.5% Cap.
- Shopping Center in Scottsdale, AZ: 17,955 SF beautiful shopping center on 1.85 acres of land shadow-anchored by Walgreen’s Pharmacy in fast growing area. 87% NNN leased. NOI $423K/yr. $5.8M. 7.3% ACTUAL Cap.
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