11-03: Perkins Restaurant & Bakery, Alta Vista Credit Union Bank, Fresenius, Shopping Center, Medical Plaza

1. Perkins Restaurant & Bakery in Independence, MO: 5500 SF brand new restaurant on 1.3 acres outparcel to Wal-Mart anchored center. Next to Independence Center and Fwy-291/I-70 in middle-class Kansas City suburbs.  Close to Centerpoint Medical Center and Independence Center Mall. 20 yrs absolute NNN lease to experienced operator. NOI $135K/yr with 1% annual rent bumps. $1.741M. 7.75% cap.  
2. Alta Vista Credit Union in Rialto, CA: 3000 SF Alta Vista Credit Union developed in 2009 on .73 ac lot adjacent to Fresh & Easy, Walgreen’s and 24-Hours Fitness anchored center. Excellent access to Fwy-210 in densely populated Los Angeles City. 100% NNN ground lease till 2019 (land is for sale, tenant owns the building). NOI $109K/yr. with 9% rent bumps every6 5 yrs. $1.692M. 6.5% cap.  
3. Fresenius Dialysis in Muncie, IN: 12,111 SF newly constructed dialysis center on over 1 ac corner lot. Along main street in middle-class Indianapolis outskirts. 100% NNN- lease till 2024. NOI $279K/yr. with 10% rent bump in 2019 and 6 yrs thereafter $3.2M. 8.73% cap. Buyer to assume $1.9M at 6.75% rate. 
4. Shopping Center in Naperville, IL: 43,762 SF shopping center along main corridor and in prosperous (AHI $145K/yr) Chicago metro. 97% NNN leased. NOI $396K/yr. $5.2M. 7.63% cap. 
5. Medical Plaza in San Diego, CA: 5280 SF well-maintained medical building along busy retail corridor and near I-805. Historical occupancy is close to 100%. Occupied by well-established long term medical & dental tenants. NOI $86K/yr. $1.275M. 6.76% cap. Upside potential. 
6. Mixed-Used Building in Anaheim, CA: 32,795 SF multi-story retail/office building adjacent to City Hall and numerous downtown attractions in Southern California. 100% leased. NOI $348K/yr. $4.75M. 7.33% cap. 

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