09-22: Shopping centers, Big O Tires, BBQ Restaurant, Apartments For Sale

1. Shopping Center in Carson, CA: 40,807 SF newly-constructed multi-tenant shopping center on 3.56 acres of land along Fwy-91 with almost 650K residents within 5 miles ring. Anchored by 20,700 SF DD’s Discounts.  94% leased to over 70% national tenants. NOI $960K/yr. $12.600M. 7.6% Cap.
2. Retail Building in Lakeland, FL: brand-new 5056 SF retail center on .83 acres lot across from Wal-Mart along busy thoroughfare in stable Tampa suburbs. 100% NNN corp leased by two credit tenants: Chipole & Aspen Dental. NOI $183K/yr. $2.291M. 8% Cap.
3. Auto Service Center in Houston, TX: 2652 SF auto service center on 1/3 acres lot in growing middle class area.  Surrounded by Target, Lowe, Home Depot, Walmart, and more. New 25 yrs absolute NNN by Tilden Car Care, (OTC: TLDN) with 60 units.  NOI $66K/yr with 2% annual rent bump.  Just $725K. 9.1%cap.
4. Shopping Center in Apple Valley, CA: 40,079 SF neighborhood center shadow-anchored by Ralph’s & CVS Pharmacy with excellent tenant mix at signalized intersection of US Hwy-18. 80% leased. NOI $375K/yr. $4.850M. 7.74% Cap. Upside potential when fully leased.
5. Shopping Center in Santee, CA: 20,518 SF two-story multi-tenant shopping/Office center with new monument sign and HVAC units with excellent tenant visibility in San Diego suburbs. 87% NNN leased. NOI $306K/yr. $3.4M. 9% Cap. Upside Potential.  
6. Retail Building in Eden Prairie, MN: 7626 SF brand new multi-tenant retail center at the entrance of Eden Prairie Center Mall in fast growing Minneapolis metro. 100% NNN leased by Verizon, Smashburger and Sports Clips. NOI $241K/yr. $3M. 8% Cap.
7. Shopping Center in East Windsor, NJ: 80,000 SF  neighborhood center built in 2008 on 11 acres lot in affluent Philadelphia & New York suburb.  Anchored by 24,000 SF Gold’s Gym.  92% NNN leased.  NOI $1.255M. $15.25M. 7.86% cap.
8. Big O Tires in Surprise, AZ: 4845 SF free-standing Big O Tires auto service center along main retail corridor with excellent ingress/egress. New 15-years absolute NNN lease. NOI $179K/yr. $2.1M 8.57% Cap.
9. Apartments in Denver, CO: 23-untis multifamily building with excellent unit mix: studios, one/two bedrooms conveniently located near shopping centers/bus transpiration. 92% leased. NOI $92K/yr. $1.060M. 8.7% Cap.
10. Woody’s BBQ Restaurant in Alpharetta, GA: 4022 SF freestanding single story restaurant on 1.15 acres lot at main entrance to North Point Regional Mall in wealthy & growing Atlanta metro (AHI $116K/yr). 100% NNN leased to Woody BBQ with 28 locations in 4 states with 9 yrs remaining.  NOI $86K/yr. $990M. 8.7% Cap.

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