03-15: Four Oaks Bank, Medical Building, Valley Medical Center, William Sonoma, KinderCare, Childtime

1.  Four Oaks Bank in Garner, NC: 6400 SF bank on .84 ac corner lot with Hwy 401 frontage in Raleigh metro.  Surrounded by Lowe’s, Wal-mart, K-mart and Big Lots.  Being used as a branch and regional corp office for Four Oaks Bank with 18 branches in NC and $769M in deposits.  15 yrs NNN- lease with 11 yrs left. NOI $148K/yr. with 2.5% annual rent bumps. $1.875M. 7.89% cap. 
2. Shopping Center in Folsom, CA: 25,396 SF beautiful shopping center built in 2005 on 1.98 ac lot. Adjacent tenants include: Wal-Mart, Target, OSH, Lowes, Save Mart, CVS, Office Max, 24 Hour Fitness and more. In growing and affluent Sacramento suburbs. 94% NNN leased. NOI $621K/yr. $8.275M. 6.11% cap. Buyer to assume $6.399M loan at 6.11% interest. Brochure upon request.  
3. Retail Center in Los Angeles, CA: 11,346 SF well-maintained retail center built in 2009 anchored by Valero Gas Station at a signalized intersection and near I-110/105. 100% NNN leased. NOI $361K/yr. $4.34M. 8.33% cap.  
4. Shopping Center in San Diego, CA: 24,370 SF shopping center on 1.74 ac lot near Alvarado Hospital and next to I-8. 50% leased. NOI $286K/yr. $4.15M. 7% cap. Upside potential.  
5. Retail Center in Portland, OR: 11,389 SF retail center renovated in 2008 in high-income (AHI $86K/yr) urban area. Tenants include: KeyBank, H&R Block, Pita Pit, Cricket and Papa Murphy’s. 100% NNN leased. NOI $324K/yr. $4.49M. 7.25% cap.  
6. Medical Building in Coral Springs, FL: 10,065 SF Class-B medical building on .65 ac lot across from Coral Springs Medical Center. 100% leased to NW Heart & Health Specialists (HCA Subsidiary). NOI $123K/yr with 3% annual rent increases. $1.45M. 8.55% cap.  
7. Valley Medical Center in San Jacinto, CA: 20,000 SF two-story newly constructed medical building anchored by Urgent Care/Family Practice and full service imaging center. In growing Riverside and near Hwy-74. NOI $578K/yr. $7.9M. 7.32% cap.  
8. William Sonoma in Oklahoma City, OK: 35,862 SF single-tenant retail building constructed in 1998 on 4.23 acres lotin high-income area Surrounded by Sam’s Club, Wal-mart, Kohls. New 6 yr NNN corp lease renewal. NOI $457K/yr. $4.875M. 9.32% cap.  
9. KinderCare in Indianapolis, IN: 9397 SF day care facility on 1.20 ac lot within 663,000 SF office park and near Fashion Mall at Keystone. In affluent (AHI $94K/yr in 3 miles) neighborhood. 100% NNN leased to Kindercare, a national childcare provider with a recent 5 yrs renewal. NOI $117K/yr. $1.172M. 10% cap. 
10. Childtime in Laguna Niguel, CA: 5439 SF day care center on 1+ ac lot in an affluent city (AHI $116K/yr in 1 mile) in Orange County with high barrier to entry. 100% absolute NNN corp lease with 9 yrs left to Childtime, a national childcare provider. NOI $100K/yr with a rent bump in 2014. $1.595M. 6.29% cap.

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