- Sterling Auto Body Center in Lombard, IL: 21,058 SF auto center built in 1996 in upper middle class Chicago suburbs. Tenant has been at this location since 2000. 100% NNN lease to credit tenant: an affiliate of Allstate (S&P A-). NOI $252K/yr. $2.887M. 8.75% cap.
- Strip Center in Norwalk, CA: 8932 SF well maintained strip center on .67 ac lot at a hard corner and in densely populated city in Los Angeles. Area with high barrier to entry. 100% leased to 8 stable tenants plus T-Mobile cell tower. NOI $143K/yr. $2.125M. 6.77% cap.
- MOB in Grand Prairie, TX: 6652 SF Class-A build-to-suit medical office building constructed in 2009 on .81 ac lot close to I-20. In fast growing (pop growth 155.84% since 2000) and high income Fort Worth/Dallas suburbs. 100% NNN leased to 3 medical tenants: Baylor Institute for Rehabilitation, Essential Dental Care, and Family Health Center of Grand Prairie. NOI $145K/yr. $1.7M. 8.50% cap.
- Office Building in Waterbury, CT: 7600 SF Class-B office building built in 2009 close to Waterbury Hospital and I-84 in Hartford suburbs. 100% leased to 3 tenants. NOI $108K/yr. $1.2M. 9% cap.
- Jack in the Box in Fresno, CA: 2,658 SF drive-thru fast food restaurant on .59 ac lot close to Kaiser Permanente, Fresno Heart & Surgical Hospital and Hwy-41. In fast growing and affluent (AHI $120K/yr. in mile). 100% NNN lease with 4 yrs left. NOI $110K/yr. $1.77M. 6.25% cap.
- 24 Hour Fitness in San Diego, CA: 31,000 SF fitness center on nearly 3 acres of land across from Marine Corps Air Station Miramar and near I-15. Tenant has been at this location for over 25 yrs. 100% NNN lease with 7 yrs left. NOI $710K/yr. $8.88M. 8% cap.
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