02-26: MOB, Apartments, Shopping Centers, Retail Centers

1. Retail Center in Altadena, CA: 26,290 SF attractive retail building on 1+ ac lot at a hard corner location in high income (AHI $106K/yr in 1 mile) Los Angeles suburbs. 100% NNN corp leased to Chase Bank and Planned Parenthood. NOI $381K/yr, $5.9M. 6.46% cap.  
2. MOB in Granada Hills, CA: 42,729 SF well maintained multi-story medical building in densely populated (over 500K residents within 5 miles ring) & upper-middle class (AHI $96K/yr in 3 mile radius) neighborhood. Anchored by LA County Department of Mental Health. 86% leased. NOI $658K/yr. $9M. 7.32% actual cap. Upside potential. 
3. Retail Buildings in Spokane, WA: 14,700 SF consisting of two recently constructed retail buildings on 2.52 ac outparcel to Winco Foods grocery. Close to Walmart, Home Depot and Hwy-2. 95% NNN leased. NOI $290K/yr. $3.92M. 7.40% cap. 
4. Apartments in Hayward, CA: 22-units two-story well maintained multifamily buildings on .96 ac lot in upper middle-class (AHI $74K/yr) Silicon Valley. Close to BART Station, parks and I-880. 100% occupied. NOI $210K/yr. $3M. 7% cap.  
5. Shopping Center in Colorado Springs, CO: 23,110 SF shopping center built in 2003 on 2.36 ac lot in growing middle-class area. Adjacent to 210,750 SF Walmart Supercenter. 100% NNN leased. NOI $486K/yr. $6.95M. 7% cap.  
6. Shopping Center in Stevenson Ranch, CA: 29,817 SF shopping center on 3+ ac lot at a signalized intersection in a wealthy Santa Clarita area with an AHI of $122K/yr in 1 mile. Close to I-5. Anchored by Tutor Time, a national childcare provider. 77% leased. NOI $568K/yr. $8.115M. 7% cap.  
7. Shopping Center in Garden Grove, CA: 18,736 SF shopping center on .54 ac lot in densely populated middle-class Southern CA area with over 750,000 residents in 5 miles. 100% NNN leased to nine tenants. NOI $225K/yr. $4.5M. 5% cap.

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