01-16: MOB, Wendy's, Burger King, NAPA Auto Parts, Lifeprints Childcare & Learning Center

1. MOB in Roswell, GA: 33,191 SF Class B consisting of three medical office buildings built in 1992 anchored by 6,301 SF Fresenius. Adjacent to 202-bed North Fulton Hospital. In fast growing and high income city just North of Atlanta. 74% NNN leased. NOI $237K/yr. $2.795M. 8.50% cap. Upside potential. Note: flyer not avail, full brochure upon request.
2. Wendy’s in Tucker, GA: 2844 SF Wendy’s Wendy’s restaurant on .75 acres lot across Publix Supermarket in high income (AHI $87K/yr) Atlanta metro and near I-285 and Hwy-78.  20 yrs NNN lease with 12+ yrs left to strong operator with 23 units. NOI $88K/yr with 1.5% annual rent increases. $1.215M. Store with sales revenue of $1M, 7.25% cap.
3. Burger King in Richland, WA: 3561 SF Burge King built in 2004 on .77 ac outparcel to Walmart Supercenter, Target, Lowe’s and Gold’s Gym. In high income area and next to on/off ramp I-182. New 11 yrs NNN lease to an experienced franchisee. NOI $110K/yr with rent bumps every 5 yrs. $1.625M. 6.77% cap.
4. Community Center in Greensboro, NC: 103,494 SF well maintained shopping center on 8+ ac lot at main commercial artery and fast growing area. Anchored by Hobby Lobby. Next to Home Depot, across from Kmart and near Walmart, Sam’s Club and Target anchored centers. Between I-40 and I-73. 100% leased. NOI $766K/yr. $9.1M. 8.43% cap.
5. Strip Center in San Antonio, TX: 8062 SF strip center built in 2002 on .61 ac lot at a signalized location. In prosperous neighborhood with an AHI of $119K/yr in 1 mile radius. Next to Nix Hospital. 100% NNN leased to Marbel Slab Creamery, Ann's Nails, US Navy Recruiting; Quiznos, Radiance MedSpa and Zedrick's. NOI $154K/yr. $1.962M. 7.85% cap.
6. Retail Center in Pflugerville, TX: 8,066 SF newly constructed retail center on .81ac lot across from Wal-Mart Supercenter in high income (AHI $85K/yr) Austin metro. 100% NNN leased to Pacific Dental (corp), Cottonwood Financial (corp) and AT&T. NOI $212K/yr. $2.836M. 7.50% cap.
7. NAPA Auto Parts in Vallejo, CA: 7500 SF auto center built in 2006 on .61 ac lot at a signalized corner location Northeast of San Francisco. 15 yrs NNN lease with 6+ yrs left. NOI $117K/yr with annual CPI rent increases. $1.65M. 7.11% cap.
8. Retail Center in Sacramento, CA: 7456 SF retail center on .48 ac outparcel to 99¢ Only and Harbor Freight Tools center. NNN leases to Pizza Hut and Baskin Robbins with only one vacant unit. Proforma NOI $82K/yr. $725K. 11.33% proforma cap.
9. MOB in Greeley, CO: 8102 SF medical office building on .46 ac corner lot. Anchored by 4941 SF NextCare currently occupying 66% of the property. 100% leased to three tenants. NOI $75K/yr. $749K. 10.05% cap.
10. Daycare Center in Phoenix: AZ: 6730 SF daycare facility on .70 ac lot in affluent neighborhood with an AHI of $101K/yr in 1 mile. 10 yrs absolute NNN lease with 9 yrs left to Lifeprints Childcare & Learning Center. NOI $70K/yr with $.50/SF (about 4.8%) annual increases. $750K. 9.42% cap.

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