- Taco Bell in Las Vegas, NV: 2367 SF restaurant built in 2000 on 1.25 acres lot in a middle class area. 10 yrs NNN lease by an operator with 58 locations. NOI $170K/yr with 9% rent bump every 5 yrs. $2.125M. 8% cap.
- Pep Boys Auto in Indio, CA: 19,338 SF auto service center on 1.58 acres lot in a booming and high income Palm Springs metro. 15 yrs absolute NNN lease with 13 yrs remaining with Pep Boys Corp guaranty (NYSE: PBY). NOI $257K/yr. $3.326M. 7.75% cap.
- Walgreens in Hometown, IL: 14,855 SF drug store built in 2002 on 1.12 acres corner lot in densely-populated suburban Chicago. 20 yrs NNN lease with 12 yrs remaining. NOI $482K/yr. $6.585M. 7.32% cap.
- Del Taco restaurant in Parker, CO: new 2166 SF fast food restaurant 2/3 acre lot in affluent Denver suburbs. Surrounded by Wal-mart, Home Depot, Staples, Best Buy, Petsmart, Safeway, Kohl’s, and Michaels. 20 yrs NNN lease by an operator with 5 locations. NOI $176K/yr. with 12% rent bump every 5 yrs. $2.078M. 8.5% cap.
- Medical office building in San Jose, CA: 3210 SF medical office building on ¼ ac lot on Winchester Blvd. Vacant and ideal for user. $1.1M.
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