1. Addamo Estate Vineyards in Santa Maria, CA: award-winning Addamo Estate vineyards in Santa Barbara for super-premium wines production with 104 acres of land, outdoor 15,000 SF amphitheater, 2500 SF ballroom, 9500 SF luxurious Italian villa, 1250 SF guest home, 5000 SF winery operation, 1200 SF tasting room, label and $1.1M inventory. $14.25M.
2. Shopping center in Katy, TX: 15,643 SF retail center built in 2005 on 2.13 acres lot in high-growth (261% since 2000 within 1 mile) Houston suburbs. Across from Walmart, and Kroger Supermarket. 100% NNN leased by 5 tenants. NOI $273K/yr. $2.811M. 9.7% cap.
3. Shopping center in Shawnee, KS: 35,569 SF established shopping center on over 3 acres corner lot in upper middle class Kansas metro with AHI $90K/yr. Anchored by CVS Pharmacy, and shadow anchored by Hobby Lobby. 96% NNN leased with 1 small vacant unit. NOI $347K/yr. $3.6M. 9.65% cap.
4. Apartments in Dallas, TX: 297-unit apartments built in 1988 on 4.3 acres in a wealthy (AHI $107/yr within 1 mile) near University of Texas in the far North Dallas/Plano/Richardson. Trailing 12 month gross income of $1.565M. $10.5M. Buyer to assume $8.9M loan at 5.62% interest.
5. McDonald’s in Houston, TX: 3312 SF restaurant built in 2009 on 1.18 acres lot next to Walgreens. 20 yrs absolute corp NNN ground lease (investor owns the land). NOI $50K/yr with 8% rent bump every 5 yrs. $870K. 5.75% cap.
6. Wendys in Houston, TX: 2764 SF restaurant on .57 ac with frontage on Hwy 290 in upper-middle class area (AHI $103K/yr). New 18 yrs NNN lease to a franchisee with 76 locations. NOI $69K/yr. with 5% rent bump every 5 yrs. Low rent to income ratio of 8%. Just $863K. 8% cap.
7. Retail Plaza in Santa Ana, CA: 9729 SF retail center on .93 acre corner lot in a densely-populated city with over 700K residents within 5 miles ring. 100% NNN leased to 11 tenants. NOI $166K/yr. $2.245M. 7.43% cap.
8. Apartments in Plainfield, NJ: 3-building apartments complex with 18 2-bedroom units in high income New York suburbs. Close to train station. NOI $103K/yr. $1.2M. 8.58% cap.
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