02-10: Firestone Complete Auto Care, Dollar General, Sam's Club, Rite Aid

1. Firestone Complete Auto Care in Madison, WI: 9000 SF auto repair shop adjacent to West Towne Mall in growing and well-off area with AHI $85K/yr in 1 mile. 100% NNN lease to credit tenant. NOI $221K/yr. $3.158M. 7% cap.  
2. Dollar General (S&P BB+) in Chicago, IL: 9500 SF recently renovated retail building at a hard corner and across from a center anchored by Walgreen’s. NNN- corp lease till 2021. NOI $124K/yr. $1.66M. 7.5% cap. 
3. Retail Center in Bakersfield, CA: 8400 SF inline retail center built in 2000 on 2.74 ac lot anchored by Albertson’s Supermarket along Hwy-58. In growing (91.85% since 2000) & affluent (AHI $130K/yr in 1-mile) neighborhood. 100% NNN leased. NOI $167K/yr. $1.88M. 9% cap.  
4. Rite Aid in La Vergne, TN: 14,564 SF double-dive thru drug store built in 2009 on 1.62 ac lot with 20+% annual sales growth. At hard corner  in Nashville fast growing suburbs. 20 yrs absolute NNN lease with 17+ yrs left. NOI $461K/yr with 10% rent increase in 2019. $5.125M. 9% cap.  
5. Office Building in San Jose, CA: 4194 SF multi-tenant 2-story office building on .41 ac lot next to busy Bascom Ave. In the center of high-tech Silicon Valley with easy access to Hwy-17. Flexible leases with existing tenants. $1.175M. Ideal for owner user. 
6. Office Building in Albuquerque, NM: 12,928 SF newly remodeled office building along busy (25,100 cars/day) Blvd. 65% leased. NOI $133K/yr. $1.486M. 9% cap. Upside potential. 
7. Neighborhood Center in Pearland, TX: 67,241 SF shopping center built in 2009 on 6.60 acres shadow-anchored by 100,000 SF Kroger Supermarket. In fast growing and well-off (AHI $121K/yr in 1 mile) Houston metro. 95% NNN leased. NOI $1.136M. $15.15M. 7.5% cap.  
8. Sam’s Club in Citrus Heights, CA: 113,298 SF retail building on 13 acres of land in fast growing Sacramento suburbs. Long absolute NNN ground lease (sale of land only)) occupied by national tenant. NOI $950K/yr. $15.3M. 6.21% cap. Buyer to assume $7.626M loan at low 4.93% rate.  
9. Strip Center in National City, CA: 12,940 SF strip center renovated in 2006 on 1.35 ac lot adjacent to Wal-Mart Supercenter in densely populated Southern CA city. 100% leased with national/regional tenants: Sprint, Wing Stop, USA Checks Cashed, Mother’s Nutritional Center, H&R Block and Patriot Auto. NOI $333K/yr. $4.75M. 7.03% cap.

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