1. Sears Department Store in Lakeland, FL: 114,500 SF single-tenant retail center built in 1993 on over 12 acres lot. Surrounding retail Includes Publix, Staples, Bealls, Walgreens, Wal-mart, CVS and Chase Bank. 25 yrs absolute NNN lease with over 8 yrs remaining. NOI $728K/yr. $8.324M. 8.75% cap.
2. Starbucks Coffer in Little Rock, AR: 1750 SF Starbucks restaurant built in 2007 on .42 acre parcel. 100% NN leased till 2017. NOI $77K/yr with 10% rent bump every 5 yrs. $975K. 7.9% cap. Buyer to assume $826K loan at 6.35% interest.
3. Apartments in Fayetteville, NC: 16-units well-kept two-stories apartment complex built in 2005 across from clubhouse/pool. 100% leased. NOI $81K/yr. $938K. 8.69% Cap.
4. Del Taco Restaurant in Lubbock, TX: 2316 SF single-tenant retail building constructed in 2004 on .85 acre lot in densely retail area. 100% NNN corp lease with 1% annual rent increases. NOI $74K/yr. $956K. 7.75% Cap.
5. Office Building in Raleigh, NC: 12,366 SF recently renovated attractive office building across from Greystone Shopping Center. 100% leased by six tenants. NOI $126K/yr. $1.475M. 8.6% Cap.
6. Medical Office Building in Tempe, AZ: 24,195 SF medical building with excellent visibility at hard corner location. 100% NNN leased. NOI $348K/yr. $3.664M. 9.5% Cap.
7. Burger King in Arlington, TX: 4297 SF single-standing retail restaurant on .87 acre lot in fast growing area. Long absolute NNN lease by experienced operator with more than 50+ locations. NOI $113K/yr. $1.420M. 8% Cap.
8. Tahoe Joe’s Famous Steakhouse in Roseville, CA: 7094 SF well located steakhouse restaurant next to water park/Roseville Medical Center near Fwy-80 in Sacramento metro. $3.2M. 9% Cap.
9. Office Building in Lake Worth, FL: 11,550 SF office building on .99 acre lot along main thoroughfare with excellent tenant mix: insurance office, chiropractor, massage therapist, speech therapy and security services. NOI $128K/yr. $1.2M. 7.66% Cap.
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