1. AutoZone in Fresno, CA: 6786 SF single-tenant retail center on ¾ acres pad in middle class area. 100% leased with 7 yrs remaining. NOI $147K/yr. $2.146M. 6.85% cap.
2. Office Max in Phoenix, AZ: 18,000 SF single-tenant retail center built in 2007 as a part of a shopping center anchored by Wal-mart Supercenter. 100% NNN leased till 2018. NOI $306K/yr. $3.825M. 8% cap.
3. Shopping Center in Brownsville, TX: 174,400 SF retail center on 23 acres corner lot just off Hwy-83. Renovated in 2007. Anchored by Big Lots! and Family Dollar. 98% occupied. NOI $1.186M. $12,487M. 9.5% cap.
4. Apartments in Seattle, WA: 27-unit well-kept apartments in stable & high income area (AHI $97K/yr). NOI $153K/yr. $1.985M. 7.72% cap.
5. Retail center in Rowlett, TX: 28,511 SF 5-yrs old 7-unit retail center on 3.35 acres lot adjacent to Big Lots! in upper middle class Dallas suburbs. 61% NNN leased with 2 vacant units. Actual NOI $233K/yr. $3.3M. 7.1% actual cap. Upside potential (13.6% cap) when 100% leased.
6. Bank-Owned Apartments in Dallas, TX: 317-unit 10-building apartments built in 1983 on 6.28 acres lot in North East area of Dallas. 84% occupied. $5.5M. Just over $17K/unit.
7. Walgreens in Las Vegas, NV: 15,120 SF drug store built in 1999 on 1.62 acres corner lot. 100% NNN- till 2019. NOI $405K/yr. $5.192M. 7.8% cap.
8. Retail Center in Rialto, CA: 23,700 SF single-tenant retail center on 1.88 acres lot as a part of a shopping center anchored by Food 4 Less. 100% NNN leased. NOI $187K/yr. $2.2M. 8% cap.
9. Lone Star Steakhouse in Huntsville, AL: 8212 SF steakhouse on 1.47 acres lot at the entrance of 932,000 SF Madison Square Mall. New 15 yrs corp NNN lease. NOI $115K/yr with 2% annual rent bump. $1.211M. 9.5% cap.
10. Office Building in Costa Mesa, CA: 17,880 SF 2-story 3 building office complex constructed in 1980 on 1.2 acres lot in an affluent city (AHI $125K/yr within 1 mile). 70% occupied. $2.6M. Just $145/SF!
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