04-30: Office Buildings, MOB Buildings, Wineseller

1. Retail Center in North Richland Hills, TX: 13,510 SF retail center renovated in 2006 on 1+ ac lot close to North Hills Hospital, Northeast Mall and I-820. Tenants include: DaVita, DARS (state of TX), Healthspace, Prudential Financial and Shoe Repair. 100% NNN leased. NOI $140K/yr. $1.7M. 8.27% cap. 
2. Retail Center in Van Nuys, CA: 14,580 SF retail center on .75 ac lot in densely populated Los Angeles metro with 700K residents within 5 miles. 100% NNN leased. NOI $349K/yr. $4.7M. 7.44% cap.  
3. Office Building in Westborough, MA: 20,000 SF two-story Class-B office building on 2 ac lot along main corridor near Westborough Technology/Business Park. In affluent (AHI $143K/yr in 3 mile) Boston metro. 93% leased. $183K/yr. $2.195M. 8.35% cap.  
4. Shopping Center in Mesa, AZ: 80,883 SF well-maintained shopping center on nearly 7 acres of land at a hard corner location and close to Fwy-202 in well-off (AHI $104K/yr) Phoenix suburbs. Anchored by 53,372 SF Basha’s grocery store (a regional tenant with 160+ stores). 82% leased. NOI $495K/yr. $5.825M. 8.5% cap. Upside Potential. 
5. Shopping Center in Mason, OH: 52,896 SF shopping center on 7.37 ac lot anchored by Discount Drug Mart in high income (AHI $107K/yr in 36 miles) Cincinnati suburbs. 93% NNN leased with great tenants mix. NOI $608K/yr. $7.6M. 8% cap.  
6. MOB in Brooksville, FL: 28,400 SF well-keep medical office building constructed in 1991 at a major commercial corridor and close to Oak Hill Hospital in Tampa suburbs. 100% NNN leased to Lab Corp & 7 doctors. NOI $229K/yr. $2.59M. 8.87% cap.  
7. Office Building in Rocklin, CA: 10,320 SF newly constructed single-tenant office building on 1.67 ac lot in Sacramento suburbs. Strong demographics: high growth and high income. 100% NNN lease to American Medical Response, a national tenant providing medical transportation services. NOI $326K/yr. $3.26M. 10% cap. 
8. Retail Center in Sacramento, CA: 7320 SF brand new retail center on 1.10 ac lot off of I-80. 100% NNN leased to 3 tenants with 8 yrs left. NOI $184K/yr. $2.17M. 8.50% cap.  
9. Retail Building in Highlands Ranch, CO: 12,000 SF high quality construction single-tenant retail center on 1.70 ac lot at high traffic location. In affluent (AHI $135K/yr in 1 mile) Denver suburbs. 100% NNN leased to Highlands Wineseller with 10+ yrs left. NOI $300K/yr. $3.699M. 8.13% cap. 
10. MOB in Jacksonville Beach, FL: 9273 SF two-story Class-A medical building constructed in 2003 close to Baptist Medical Center and Sough Beach Regional Center Just 2 blocks from the beach. 100% NNN leased to 2 medical tenants: Brink Ear Nose Throat and First Coast Dermatology. NOI $198K/yr. $2.4M. 8.30% cap.

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