AHI: Avg Household income
NOI: Net Oper Income. Income after all expenses paid except mortgage.
- Office Building in Houston, TX: 34,805 SF Class-A office building constructed in 2005 on 2.39 acres of land with excellent Freeway visibility. 100% NNN leased. NOI $402K/yr. $4.356M. 9.25% Cap.
- Kragen Auto Parts in Riverside, CA: 6000 SF recently constructed retail building on .40 acre lot at signalized intersection. 100% NNN corp lease. NOI $139K/yr. $2.2M. 6.35% Cap.
- Rite Aid Pharmacy in Alpharetta, GA: 13,813 SF pharmacy built in 2004 on 1.75 acres of land across from Publix Anchored Center in fast growing (64.06%) affluent (AHI $113K/yr) Atlanta metro. 100% absolute NNN corp lease with 16 years remaining on original lease. NOI $312K/yr. $3.050M. 10.25% Cap.
- Medical Office in Glendale, AZ: attractive 6440 SF Apollo Animal hospital along busy thoroughfare in-filled location. 10-years NNN corp lease. NOI $148K/yr. $1.650M. 8.5% Cap.
▪ National tenant with 123 locations
▪ Tenant has occupied property for 23-years - Shopping Center in Santa Clarita, CA: 20,662 SF mature shopping center located at corner location near Hwy-126. 100% leased by 7 tenants. NOI $251K/yr. $3.575M. 7.03% Cap.
- Tuffy Auto Center in Omaha, NE: 3900 SF 2-yrs old retail building on .63 acre lot adjacent to new Super Target across from Wal-Mart Supercenter in growing (129.34%) well-off (AHI $109K/yr) neighborhood. 100% NNN leased. NOI $111K/yr. $1.369M. 8.15% Cap.
- Jiffy Lube in Omaha, NE: 3113 SF recently constructed retail building on .32 acre pad at hard corner location off of I-80. New 20-years absolute NNN lease with 10% rent increases every 5-yrs. NOI $74K/yr. $926K. 8% Cap. Excellent for 1st time investor.
- Petco in Poulsbo, WA: 15,000 SF retail building on 1.70 acres of parcel adjoining to multiple national retailers off of I-3 in wealthy (AHI $90K/yr) northwest of Seattle. 10-years NNN corp lease. NOI $352K/yr. $4.272M. 8.25% Cap.
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