1. Retail Center in Tempe, AZ: 11,368 SF 7-unit Starbucks retail center on 1.56 acres lot close to Arizona State University. 83% NNN leased with just 1 vacant unit. Potential NOI $232K/yr. $2.55M. 9.1% potential cap.
2. Advance Auto Parts in Centennial, CO: 6124 SF single-tenant retail center under construction on ¾ acres lot in Denver metro. New 15 yrs NNN corp lease. NOI $133K/yr. $1.76M. 7.6% cap.
3. IHOP in Columbia, SC: 4658 SF family restaurant built in 1994 on .66 acre outparcel to Kroger Grocery Store just off I-26 with over 100,000 vehicles per day. 100% NNN lease with rare corp guaranty with 9 yrs remaining. NOI $165K/yr with 12% rent bump every 5 yrs. $1.92M. 8.61% cap.
4. Medical Plaza in La Mesa, CA: 26,562 SF single-story multi-tenant medical office building in San Diego metro with over 450,000 residents within 5 miles ring. 95% leased. NOI $363K/yr. $4.85M. 7.5% cap.
5. Shopping Center in Oakbrook Terrace, IL: 18,000 SF retail center in affluent Chicago metro (AHI $102K/yr). 98% leased. NOI $302K/yr. $2.85M. 10.6% cap.
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