01-03: Office buildings, Retail Centers, Family Dollar, Fresenius Dialysis

1. Office Building in Mobile, AL: 8000 SF single-tenant 2-yrs old office building on .85 ac lot.  10 yrs NNN lease till 2019 to non-profit Remington College with 20 campuses. NOI $135K/yr with 3% annual rent bump. $1.506M. 9% cap.
2. Retail Center in Eugene, OR: 14,692 SF newly-renovated retail center at an intersection corner across from Lowes. 100% leased to stable tenants. NOI $145K/yr. $1.95M. 7.5% cap. 
3. Family Dollar in Decatur, GA: 9180 SF Family Dollar store built in 2011 on .87 ac lot with frontage on 4-lane hwy in high income Atlanta metro.  10 yrs NNN- lease.   NOI $117K/yr. $1.45M. 8.11% cap. 
4. Fresenius Dialysis in Muncie, IN: 12,111 SF newly constructed dialysis center on over 1 ac corner lot. Along main street 30 minutes from Indianapolis. 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. 
5. Shopping Center in Littleton, CO: 72,002 SF retail center on 6.19 acres lot in Denver metro.  93% leased to Colorado Antique Gallery, Key Bank, Budget Rent a Car, Old Santa Fe Grill, Greenwood Cabinets and Stone.  NOI $433K/yr. $4.975M. 8.71% cap. 
6. Executive Office Building in Staten Island, NY: 40,000 SF class-A single-tenant office building completed in 2001 on 1.26 ac lot with 240 parking spaces and Italian marble throughout.  Excellent demographics. Easy access to various commercial services, public transportation.  100% leased to a national tenant with 6 yrs left.  NOI $950K/yr with 3.5% annual rent bump.  NOI $950K/yr. $9.8M. 9.7% cap.

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