08-30: Binny's Beverage Depot, Hooters, Advance Auto Parts, CVS Pharmacy, Texas Land and Cattle Restaurant

1. CVS Pharmacy in Daytona Beach, FL: 10,981 SF well-performing drug-store on 1.60 ac lot at main intersection close to hospital. 100% leased. NOI $291K/yr. $3.650M. 8% Cap. 
2. Advance Auto Parts in Brownsville, TX: 7000 SF attractive auto parts store built in 2004 with excellent visibility along main blvd. NNN leased till 2019. NOI $85K/yr with 10% increase in year 10 and in options. $1.074M. 8% Cap. 
3. Office Building in Maitland, FL: 7542 SF 2-stories beautiful single-tenant office building constructed in 1999 on 1.17 ac lot next to I-4 in affluent Orlando metro. 100% NNN leased. NOI $158K/yr. $$1.915M. 8.25% Cap.  
4. Hooters in Appleton, WI: 4289 SF restaurant built in 2002 across from Fox River Mall & at a signalized corner. 100% NNN corporate lease with 11-yrs remaining on lease. NOI $141K/yr. with 10% rent bumps every 5-yrs. $1.826M. 7.75% Cap. 
5. Binny’s Beverage Depot in Bloomingdale, IL: 27,508 SF newly renovated single-tenant retail center on 2.78 acres lot across from 900,000 SF power center with Walmart, Super Target, Best Buy, Michaels, Pier 1 Import, Ross, Old Navy, TJ Maxx, Dick’s Sporting Goods, Office Max, Party City, Party City, and JoAnn Fabrics.  Close to 1.3 Million SF Stratford Square Mall.  Affluent Chicago suburbs. 20 yrs NNN lease to Binny’s Beverage Depot, #1 independent wine & spirit retailer in IL with 26 stores and $250M in annual sales.  New 20 yrs NNN- lease. NOI $293K/yr. with 7.5% rent bump every 5 yrs.  $3.78M. 7.75% cap. 
6. Texas Land & Cattle in Austin, TX: 7537 SF free-standing restaurant next to Lowe’s Home Improvement off of I-35. Absolute NNN lease till 2023. NOI $282K/yr. $3.136M. 9% Cap. 
7. Office Complex in Bradenton, FL: 25,186 SF multi-tenant office complex across from Desoto Square Mall and next to 301-Blvd. 100% NNN leased to long-term tenants. NOI $304K/yr. $3.8M. 8% Cap. 
8. Shopping Center in Clarkston, GA: 39,590 SF shopping center next to busy thoroughfare and in close proximity to I-285 in fast growing Atlanta MSA. 100% leased. NOI $590K/yr. $5.9M. 10% Cap. 
9. Shopping Center in Sunrise, FL: 104,853 SF well-maintained shopping center anchored by Staples in prosperous (AHI $100K/yr) Fort Lauderdale suburbs next to I-75. 56% leased to 24 tenants. NOI $1.040M/yr. $13M. 8% Cap. Upside Potential.

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