02-05: Family Dollar, Professional Center, MOB, Office Buildings, Retail Centers

1. Shopping Center in Fairlawn, OH: 33,253 SF well-kept shopping center on nearly 3 acres of land in Akron suburbs.  Across from 770,800 SF Summit Mall anchored by Dillard’s and Macy’s and near I-77.  In high income  (AHI $97K/yr in 3 mile radius) Akron suburbs. 94% NNN leased. NOI $431K/yr. $4.295M. 10.04% cap.
2. Shopping Center in Kissimmee, FL: 23,628 SF consisting of two building constructed in 1999 on 3.95 ac lot in Orlando metro.  Anchored by free standing ground lease (land for sale) Bank of America. At a major corridor. 72% NNN leased. NOI $266K/yr. $3.098M. 8.61% cap.
3. Family Dollar in Fresno, CA: 8320 SF brand new Family Dollar store on 2.36 ac lot off/on ramp& visible to Hwy-180. New 10 yrs NNN corp lease. NOI $110K/yr. $1.595M. 6.90% cap.
4. Retail Center in Duluth, GA: 18,820 SF retail center built in 2004 next to I-85 exit in Atlanta suburbs. Across from Gwinnett Place Mall. 100% leased to 10 tenants. NOI $245K/yr. $2.65M. 9.26% cap.
5. MOB & Professional Center in Laurel, MD: 40,000 SF well maintained medical office building on 3.60 ac lot in growing and high income (AHI $109K/yr) Washington DC metro. Near Hwy-295. 86% leased. NOI $407K/yr. $3.7M. 11% cap.
6. Retail Building in Las Vegas, NV: 6100 SF attractive inline retail center on .63 ac lot.  Shadow anchored by Cardenas grocery (regional tenant with 29 locations) and CVS pharmacy. Near I-515. 100% NNN leased. NOI $155K/yr. $2.3M. 6.76% cap.
7. Office Building in Mission Hills, CA: 37,066 SF Class B multi story office building at a signalized corner location in densely populated Los Angeles county. At a high income area with an AHI of $83K/yr in 1 mile. 88% leased. NOI $464K/yr. $5.65M. 8.22% cap.
8. Shopping Center in Brandon, FL: 29,812 SF   eye-catching shopping center built in 2006 in growing Tampa suburbs. Adjacent to Super Walmart and Home Depot. 80% leased with only one vacant unit. NOI $150K/yr. $2.5M. 6% cap.
9. MOB in Newburyport, MA: 4816 SF three story medical office building in high income (AHI $106K/yr) coastal city. Across from Anna Jaques Hospital. 100% NNN leased to three medical tenants. NOI $77K/yr. $1.25M. 7.50% cap.
10. Shopping Center in Fremont, CA: 63,460 SF well maintained shopping center on nearly 3 acres of land in affluent Silicon Valley suburbs (AHI $106K/yr in 3 mile). 100% leased. $9.95M. Just $156/SF!  NOI/Cap not provided.

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