1. Boston Market in North Richland Hills, TX: 3263 SF fast casual restaurant built in 1994 on .85 ac lot in growing Dallas metro. 20 yrs NNN lease with 17 yrs remaining from a corp with 525 locations in 28 states. NOI $72K/yr with up to 2% annual rent bump. $963K. 7.5% cap.
2. Shopping Plaza in Coconut Creek, FL: 19,194 SF upscale retail center built in 2004 on 3 acres lake-front lot in a fast growing area (55% growth since 2000) North of Fort Lauderdale. Part of a larger shopping center with CVS, 7-11 and Fidelity Federal Bank. 100% NNN leased by 10 tenants. NOI $385K/yr. $5.2M. 7.5% cap.
3. Apartments in Plano, TX: 12-unit well-maintained apartments on ¾ ac lot near Collin Creek Mall in high income (AHI $91K/yr) Dallas metro. 100% occupied. Gross income $104K/yr. NOI $65K/yr. Only $725K. 9% cap.
4. Burger King in Tacoma, WA: 3723 SF fast food restaurant with indoor play area built in 2002 on .69 acre outparcel to K-mart, Big Lots and Safeway. Store with strong sales of over $1.6M/yr—300K above national avg. NOI $139K/yr. $1.986M. 7% cap.
5. Shopping Center in Irving, TX: 124,173 SF 33-unit trophy neighborhood center on 11.7 acres corner lot in growing Dallas metro. Anchored by Tom Thumb supermarket (owned by Safeway), Rent-A-Center, and Chase. 94% NNN leased. NOI $1.182M. $15.76M. 7.5% cap.
6. Shopping Center in Brea, CA: 56,945 SF 19-unit shopping center on 4.69 acres corner lot in upper middle class (AHI $94K/yr) Orange county. Anchored by Vons Grocery (owned by Safeway). 88% NNN lease. NOI $1.238M. $15.5M. 8% cap.
7. Dollar General in Houston, TX: 9100 SF Dollar store in a fast growing and stronger income part of Houston. 100% NN leased till 2019. NOI $106K/yr. $1.217M. 8.75% cap. Recession resistant tenant.
8. Pep Boys Auto Service center in Riverside, CA: 4500 SF auto service center with 6 bays built in 1984 on .42 ac lot. Recently renovated. 100% NNN leased. NOI $42K/yr. Only $750K. 5.6% cap.
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