08-04: O'Reilly Auto Parts, Medical Office Building, Arby's Restaurant, God's Gym, Starbucks

1.  O’Reilly in Peoria, AZ: 7000 SF auto parts across from Lowes in booming (1,287.59%) & well-off (AHI $100K/yr) Phoenix metro. 100% NNN leased to credit tenant till 2023. NOI $140K/yr with 10% rent increases every 5-yrs including options. $2.075M. 6.75% Cap.  
2. Medical Office Building in San Jose, CA: 9460 SF 11-unit established medical office building renovated in 2000.  Just one block from Santana Row and Westfield Valley Fair Mall.  Easy access to I-880 and I-280. 91% leased to mostly medical tenants.  NOI $201K/yr.  $2.199M. 9.27% cap. 
3. Retail Building in Las Vegas, NV: 3500 SF retail building near Mountain View Hospital along major thoroughfare. 100% leased. 8% Cap. Price Not Avail. 
4. Arby’s in Indianapolis, IN: 2820 SF restaurant on .87 ac lot near Washington Square Shopping Center off I-485. 20-year absolute NNN lease to franchisee with 36 units. NOI $78K/yr with 10% rent bumps every 5-yrs. $975K. 8% Cap.  
5. Gold’s Gym in Austin, TX: 30,500 SF health and fitness center on 3.22 ac lot across from The Shops at the Galleria power center in affluent (AHI $182K/yr within 1-mile radius) West of Austin. NNN corporate lease with 9-years remaining on original lease. NOI $476K/yr. $5.5M. 8.66% Cap.  
6. Strip Center in Gardena, CA: 14,259 SF well-maintained strip center at a busy corner location with excellent tenant mix in densely populated Los Angeles area. 100% NNN leased. NOI $324K/yr. 4.450M. 7.29% Cap.  
7. Retail Center in Norwalk, CA: 16,719 SF newly constructed upscale retail center on 1 ac lot in infill Los Angeles area near I-5. 100% NNN leased to national/credit tenants.  High income Los Angeles area.  NOI $424K/yr. $7.496M. 7% Cap. 
8. Starbucks in Houston, TX: 1750 SF retail building constructed in 2008 at highly visible location next to I-45. Long NNN- lease till 2018. NOI $86K/yr with 10% rent bump in 2013. $1.147M. 7.5% Cap. 
9. Medical Office in Mesa, AZ: 4224 SF Class- A single-tenant urgent care medical office leased to a credit tenant with 57 locations. NNN lease with 7-years remaining on lease. NOI $96K/yr. $750K. 12.80% Cap. 
10. Office Building in Northfield, IL: 13,182 SF beautiful multi-tenant solid brick office building in affluent area (AHI $214K/yr) North of Chicago MSA. 100% leased to four tenants. NOI $161K/yr. $2.02M. 8% Cap.

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