02-06: Lowe's, Apartments, Mix-used, Community Center, Retail Center

1. Lowe’s in West Sacramento, CA: 170,393 SF big box retail building on 11.60 acres of land at busy corridor and in high income area. Across from Target and Nugget Market anchored center. 20 yrs absolute NNN corp ground lease (land is for sale) with 15 yrs left. NOI $495K/yr. $9.445M with a 20% rent bump in 1^st option. 5.25% cap. 
2. Strip Center in Fairfield, CA: 4511 SF strip center on .89 ac outparcel to Staples  and near off ramp I-80. 100% NNN leased to Starbucks Coffee and Leslie’s Swimming Pool Supplies. NOI $148K/yr. $2.378M. 6.25% cap.
3. Retail Center in San Jose, CA: 15,000 SF consisting of two retail buildings constructed in 2007 on 1.35 ac lot in high income Silicon Valley. Close to The Plant shopping center, a 30+ stores center and Hwy-87. 83% NNNN leased to 8 tenants. NOI $468K/yr. $6.5M. 7.20% cap.
4. Neighborhood Center in Newman, GA: 146,121 SF well maintained shopping center on nearly 20 acres of land anchored by a recently expanded Big Lots and recently renovated Goodwill in Atlanta metro. Next to Hwy-34. 100% leased. NOI $1.052M/yr. $11.55M. 9.11% cap.
5. Retail Center in Clinton, UT: 34,186 SF in-line retail center built in 1999 on nearly 3 acres  lot At a hard corner location in growing and middle-class city North of Salt Lake City. Shadow-anchored by 58,000 SF Maceys grocery & across from Lowe’s, Kohl’s and Walmart anchored center. 100% leased. NOI $426K/yr. $5.33M. 8% cap.
6. Retail Building in San Jose, CA: 1000 SF retail building on .26 ac lot at busy retail corridor close to Westfield Valley Fair, prestigious Santa Row and I-880. Currently being used as a used car lot with 4+ yrs left. NOI $54K/yr. $1.05M. 5.14% cap.
7. Apartments in Pasadena, TX: 88-units well maintained multifamily apartments on 4.40 ac lot in growing Houston suburbs. Close to shopping centers, schools and parks. 95% occupancy. NOI $426K/yr. $2.9M. 8.50% cap.
8. Community Center in Anaheim Hills, CA: 53,190 SF well maintained two-story community center on 4.78 ac lot in affluent (AHI $151K/yr in 1 mile) Los Angeles suburbs. Adjacent to & visible from Fwy-91. 91% NNN leased. NOI $1.033M/yr. $16.8M. 6.15% cap.
9. Mix-used center in Fort Lauderdale, FL: 3850 SF two-story retail/office building at a hard corner location and in affluent area with an AHI of $118K/yr in1 mile. Across from Coral Ridge Mall, anchored by Target, TJ Maxx and Home Goods. 100% leased. NOI $61K/yr. $769K. 8% cap.
10. Retail Center in Austin, TX: 16,000 SF two-story retail center off/on ramp Hwy-18. Recent property improvements. 79% NNN leased to five tenants with only one vacant unit. NOI $120K/yr. $1.5M. 8% cap. Upside potential when fully leased.

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