11-14: Tuffy's Auto, Carl's Jr., Walgreens, Taco Bell, Black Eye Peas, Retail Centers

1. Tuffy’s Auto Service Center in Jacksonville, FL: 4980 SF auto repair and service center built in 2007 on 2+ ac outparcel to Publix anchored center. In growing and high income (AHI $108K/yr within 1 mile) area. Ranked in the top 10 store sales. 100% absolute NNN corp lease with 15 yrs left. NOI $169K/yr with 8.75% rent increases every 5 yrs. $2.185M. 7.75% cap. 
2. Calr’s Jr. in Missouri City, TX: 2911 SF newly constructed drive-thru fast food restaurant on .86 ac outparcel to Lowe’s and along Hwy-6 in growing and wealthy (AHI $111K/yr in 1 mile) Houston suburbs. Across from Kroger, Target and Hobby Lobby anchored centers. 20 yrs absolute NNN lease with 18+ yrs left to a strong franchisee currently operating 3,159 units. NOI $85K/yr with a 10% rent bump in yr 6^th & every 5-yrs thereafter. $1.62M. 5.25% cap.
3. Walgreen’s in Phoenix, AZ: 15,120 SF drive-thru pharmacy built in 2000 on 2+ ac outparcel to ACE center in prosperous neighborhood with an AHI of $176K/yr in 1 mile. Across from Safeway grocery center. 20 yrs NNN- corp lease with 8½ yrs left. NOI $286K/yr. $4.088M. 7% cap.
4. Taco Bell in Saint Louis, MO: 2166 SF Taco Bell fast food restaurant built in 2004 on .78 ac lot at a hard corner location in the middle of Downtown and close to many attractions such as, Busch Stadium, Convention Center, Civic Center and more. 100% absolute NNN lease with 10 yrs left to a strong franchisee with 230 restaurants. NOI $89K/yr with attractive annual rent increases. $1.329M. 6.75% cap.
5. Strip Center in Raytown, MO: brand new 5,400 SF strip center on over 1 ac lot shadow anchored by Aldi Grocery and at major retail corridor. Across from HyVee grocery anchored center. 100% NNN lease to 3 brand name tenants: Chipotle (corp), GameStop (corp) and Jimmy John’s. NOI $131K/yr. $1.82M. 7.25% cap.
6. Shopping Center in Santa Clarita, CA: 25,475 SF attractive shopping center built in 2006 on 2.36 ac lot in high income neighborhood in Southern California. National tenants include: Starbucks Coffee, Panda Express and Subway. 89% leased. NOI $665K/yr. $9.51M. 7% cap. Upside potential when fully leased.
7. Black Eye Peas in Colorado Springs, CO: 5570 SF single-tenant family restaurant built in 1998 on 1.33 ac lot adjacent to Quality Inn and Hyatt. Next to I-25. 15 yrs absolute NNN lease with 8 yrs left. NOI $155K/yr. $1.795M. 8.69% cap.
8. Retail Center in Wildwood, MO: 9889 SF eye catching retail center built in 2006 on 1 ac lot at a signalized intersection of Hwy-100. Excellent demographics: AHI $145K/yr within 3 mile radius. Part of a lifestyle center. 100% leased. NOI $227K/yr. $2.68M. 8.50% cap.
9. Retail Center in Katy, TX: 10,660 SF retail center constructed in 2002 on 1.40 ac lot in fast growing and high income Houston metro. Next to Walgreen’s. Tenants include: Cici’s Pizza, Queen’s Café, DQ Salon, Westfield Nails and Pho 88 Noodle House. 100% NNN leased. NOI $183K/yr. $2.295M. 8% cap.

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