04-25: Walgreen's, Wienershnitzel, Chipotle Mexican Grill, MOB, Corporate Center

1. Walgreen’s in Aurora, IL: 13,905 SF Walgreens built in 1996 on 1.6 acres lot at a busy intersection. In growing & good income (AHI $73K/yr in 1 mile) area in Chicago metro. 100% NNN- lease with 4+ yrs left. Store with strong sales revenue of $8.5M (est.) NOI $235K/yr. $2.937M. 8% cap.  
2. Wienershnitzel in San Jose, CA: 1100 SF freestanding restaurant on .40 ac lot in prime commercial corridor in high income Silicon Valley.  Close to San Jose McEnery Convention Center. Tenant has been here since 1987. 100% absolute NNN corp lease 2 yrs left. Tenant has 2 5-yr options. NOI $67K/yr. $995K. 6.75% cap.  
3. Shopping Center in Lilburn, GA: 41,150 SF well-maintained shopping center in affluent Atlanta suburbs (AHI $105K/yr in 1 mile). Anchored by CVS, Dollar Tree and Bank of America. 100% leased. NOI $374K/yr. $4.282M. 8.75% cap.  
4. Chipotle Mexican Grill in Cincinnati, OH: 3194 SF newly remodeled  restaurant on an outparcel to a shopping center at main retail corridor in upper middle-class neighborhood. 10 yr NNN- corp lease. NOI $58K/yr with 10% rent increases every 5 yrs primary terms and options. $871K. 6.75% cap.  
5. MOB in Memphis, TN: 30,583 SF Class-A multi-tenant medical office on 1.78 ac lot in high income area. Near new St. Francis Hospital, Wolfchase Galleria and Hwy-64. 100% leased. NOI $473K/yr. $5.919M. 8% cap.  
6. Office Building in San Diego, CA: 38,419 SF attractive atrium-style 3-story office building on 3.34 acres next to I-15. Great demographics: AHI $92K in 1 mile. 100% leased. NOI $448K/yr. $5.6M. 8% proforma cap.  
7. Corporate Center in Orlando, FL: 104,977 SF Class-A single-tenant office building on 8.27 acres of land close to Universal Studios Florida and SeaWorld Adventure Park. 100% NNN leased to Walt Disney World Company with 5 yrs left. Tenant has been at this location since 1992. NOI $945K/yr. $9.6M. 9.85% cap. 
8. Retail Center in Hixson, TN: 12,640 SF retail center built in 2010 on 1.40 ac lot anchored by Aspen Dental. Across from Target, Pets Mart, Bed Bath & Beyond and Best Buy anchored center. In fast growing Chattanooga suburbs. 100% NNN leased to 6 tenants. NOI $291K/yr. $3.515M. 8.29% cap. 
9. Shopping Center in Pearland, TX: 24,600 SF shopping center anchored by St. Luke’s Community Emergency Center. In fast growing (96.12% from 2000-2011) and affluent (AHI $106K/yr) Houston suburbs. 100% leased.  NOI $493K/yr. $5.4M. 9.14% cap. 
10. Retail Center in Gurnee, IL: 19,800 SF three-unit retail center across from Six Flags Great America and near I-94. In high (AHI $100K/yr) income Chicago metro. 100% leased. NOI $287K/yr. Price reduced to $2.6M. 11% cap. 

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