- Shopping Center in Sacramento, CA: 19,913 SF 2-building 10-unit shopping center built in 2005. 80% occupied with 2 vacant units. NOI $402K/yr. Drastic price reduction from 6.287M to $3.995M. 10% cap. Buyer to assume $3.82M loan at 6.48% interest due in 2016. Note: You need just $175K down payment to buy this property!
- Popeye’s Chicken in Gresham, OR: 2893 SF brand new restaurant on ½ ac lot across from Safeway supermarkets and Rite Aid anchored shopping center in Portland metro. 100% absolute NNN leased till 2028. NOI $120K/yr. with 10% rent bump every 5 yrs. $1.549M. 7.75% cap.
- Tire Plus in Middleburg, FL: 8143 SF brand new automotive center on 1.1 acres parcel in Jacksonville metro. 15 yrs NN lease is guaranteed by Bridgestone Retail Operations, LLC (BSRO) a wholly owned subsidiary of Bridgestone Corporation of Tokyo, Japan. Bridgestone Corporation (BBB+ Credit Rating) which runs over 3000 locations. NOI $217K/yr. with 10% rent increase every 5 yrs. $2.635M. 8.25% cap.
- Mini Storage in Sacramento, CA: 25,350 SF mini storage on 1.53 acres lot in a stable area. 83% occupied. NOI $184K/yr. $2.3M. 8% cap.
- Shopping Center in Upland, CA: 30,000 SF retail center on over 2 acres lot just off I-10. 75% occupied. NOI $383K/yr. $3.95M. 9.7% cap.
- Texas Road House restaurant in Palm Bay, FL: 7202 SF restaurant built in 2004 on 2.34 acres parcel with I-95 frontage. 10 yrs absolute NNN lease with 9 yrs remaining guaranteed by Texas Roadhouse (NASDAG: TXRH). NOI $234K/yr. $2.909M. 8.25% cap.
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