11-27: El Pollo Loco, Zaxby's, O'Reilly Auto Parts, Office Building

1. El Pollo Loco in San Jose, CA: 2241 SF free-standing  El Pollo Loco restaurant built in 1988 on .51 ac corner lot at a major retail corridor. Close to Santa Clara Valley Medical Center, Santa Row upscale Shopping Center and Westfield Valley Fair. Tenant has been at this location since 1987. 100% NNN ground lease (land is for sale) with 3 yrs left. NOI $83K/yr. $1.65M. 5.10% cap.
2. Zaxby’s in Snellville, GA: 3279 SF Zaxby’s restaurant built in 2003 on nearly 1 ac lot along Hwy-10 in fast growing Atlanta metro. 10 yrs absolute NNN corp lease with 7 yrs left. NOI $131K/yr with 3% annual rent increases. $1.64M. 8% cap.
3. Retail Center in Whittier, CA: 18,566 SF attractive retail center on 1.40 ac lot in densely-populated city in Los Angeles. Close to Quad Power Center. 75% leased. NOI $150K/yr. $2.495M. 6% cap.
4. O’Reilly Auto in Fresno, CA: 4995 SF well maintained auto parts store on .36 ac lot at a signalized corner location. 100% NNN leased with 6 yrs left. NOI $60K/yr. $800K. 7.50% cap.
5. Retail Center in Yuba City, CA: 16,000 SF retail center built in 2005 on 1.24 ac lot about 30 minutes North of Sacramento. Across from Yuba Sutter Mall. 92% leased with only 1 vacant unit. Proforma NOI $296K/yr. $4.25M. 7% pro forma cap.
6. Retail Buildings in Louisville, CO: 29,414 SF consisting of three high quality construction retail buildings constructed in 2000 on 2.84 ac lot in affluent Denver suburbs (AHI $130K/yr in 1 mile).Credit tenants include: Premier Members Federal Credit Union, State Farm and H&R. 88% NNN leased to 12 tenants with only two small vacant units. NOI $313K/yr. $3.795M. 8.25% cap. Just $129/SF!
7. Strip Center in Huntersville, NC: 10,000 SF strip center built in 2008 in high income Charlotte suburbs. Shadow anchored by BI-LO supermarket. Across from Presbyterian Hospital and near I-77. 88% NNN leased. NOI $120K/yr. $1.463M. 9.14% cap. Upside potential when fully leased.
8. Retail Center in Greenville, SC: 11,441 SF well maintained retail center at main retail corridor. 72% NNN leased to established tenants. NOI $91K/yr. $1.386M. 9% cap. Upside potential.
9. Strip Center in Chicago, IL: 5500 SF newly constructed strip center in densely populated area with over 1,000,000 residents within 5 mile radius. 100% NNN leased. NOI $114K/yr. $1.3M. 8.80% cap.
10. Office Building in Pasadena, CA: 26,354 SF two story office building on 1.37 ac lot in densely populated & well-off (AHI $95K/yr in 3 miles) Los Angeles metro. 100% leased to multiple tenants. NOI $267K/yr. $3.85M. 6.95% cap.

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