- Medical building in Gilbert, AZ: 29,827 SF medical office building constructed in 2001 on 3 acres lot. 100% leased by all medical tenants: Gilbert surgery center, Simon Med Imaging. NOI $697K/yr. $7.75M. 9% cap. Buyer to assume $4.485M loan at low 5.5% interest.
- Apartments in Redwood City, CA: 6-unit immaculate multi-family complex in the middle of high income Silicon Valley. 100% occupied. Gross rent $75K/yr. $875K.
- Shopping Center in Las Vegas, NV: 17,769 SF retail center built in 1998 on 1.35 acres lot in high income (AHI $89K/yr within 3 miles ring) area. 91% NNN leased with just 1 vacant unit. Actual NOI $283K/yr. $3.1M. 9.16% cap.
- O’Reilly Auto Parts in Atlanta, GA: 6800 SF single-tenant retail center built in 2009 on 1.43 acres lot. 20 yrs NNN corp lease (NASDAG: ORLY). NOI $110K/yr. $1.375M. 8% cap.
- Apartments in Anaheim, CA: 16-unit apartments in a middle-class city (AHI $72K/yr) with over 700K residents within 5 miles. 100% occupied. Gross income of $183K/yr. $1.825M.
- Cost Plus World Market in Wichita, KS: 18,252 SF single-tenant retail center on 3.65 acres lot in an affluent suburban Wichita with AHI over $101K/yr. 100% NNN corp lease by Cost Plus (NASDAG: CPWM) with 270 retail stores. NOI $237K/yr. $2.433M. 9.75% cap.
- Joe’s Crab Shack in Fairview Heights, IL: 7076 SF franchised seafood restaurant built in 1997 near I-64 exit in suburban Saint Louis. 20 yrs NNN lease with 17 yrs remaining. NOI $117K/yr with 10% rent bump every 5 yrs. $1.17M. 10% cap.
- Automotive center in Las Vegas, NV: 14,948 SF multi-tenant auto retail center. NOI $172K/yr. $2.16M. 8% cap.
- Strip Center in Harbor City, CA: 4100 SF strip mall built in 2002 on a highly visible corner lot just off I-110 exit. Surrounded by Kmart, Food 4 less, Big Lots. 100% NNN leased by 3 good tenants: Starbucks, AT&T Wireless, and Wescom Credit Union (ATM only). NOI $235K/yr. $3.195M. 7.36% cap.
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