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1. Burger King in Tacoma, WA: 3723 SF restaurant built in 2002 with indoor play area on .69 acres outparcel to a Kmart, Big-Lots and Safeway in a stable city. Store with strong sales of $1.5M. 15 yrs NNN lease. NOI $139K/yr. Price reduced to $1.85M. 7.5% cap.
2. Shopping Center in Glendale, AZ: 74,832 SF shopping center just off Hwy 101 exit in affluent (AHI $117K/yr within 1 mile) Phoenix suburbs. Anchored by Petco, Staples and shadow anchored by Home Depot. 90% NNN lease. NOI not avail. $16.25M.
3. Retail Center in Kalamazoo, MI: 10,600 SF 2-building retail center. 100% occupied by 2 national tenants: Family Dollar and Little Caesar’s Pizza. NOI $120K/yr. $1.225M. 9.86% cap.
4. Panda Express in Round Lake Beach, IL: 2400 SF restaurant built in 2008 on an outparcel to Super Kmart in growing middle-class Chicago suburbs. 18 yrs NNN corp ground lease (investor owns land, tenant owns building). NOI $73K/yr. $1.054M. 7% cap.
5. Value-added Shopping Center in Anaheim, CA: 19,995 SF shopping center on 1.47 acres corner lot in high income city in Orange county (AHI $122K/yr). 35% leased by 4 tenants. $3M.
6. Jack In the Box in Stockton, CA: 2343 SF restaurant just off I-5 exit. 20 yrs NNN lease till 2026. NOI $102K/yr in June 2011. 8% rent bump every 5 yrs. $1.5M. 6.8% cap.
7. Shopping Center in Bolingbrook, IL: 17,960 SF shopping center built in 2003 on 3 acres just off Hwy 355 in middle-class Chicago . Shadow anchored by Meijer’s Supermarket, Macy's, IKEA and Costco. 100% NNN leased. NOI $467K/yr. $5.3M. 8.81% cap.
8. Arby’s in Buford, GA: 2398 SF restaurant on .98 acres parcel on a major artery near Hwy 985 in growing Northern Atlanta suburbs. Tenant has been here since 1989 and exercised 2nd 5-yr option. NOI $109K/yr. $1.2M. 9.13% cap.
9. La Petite Academy in Las Vegas, NV: 7793 SF childcare center built in 1996 on .88 acres lot in area with strong demographics. 100% NNN corp lease till 2016 by La Petite Academy, a national childcare provider with over 1000 locations. NOI $128K/yr. with CPI-based rent bump. $1.4M. 9.2% cap.
10. Kragen Auto Parts in Oakland, CA: 8000 SF free-standing building on 2/3 acres lot next to Walgreens. 100% leased till 2013. NOI $135K/yr. $1.8M. 7.5% cap.
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