03-21: Christian Brothers Automotive, Jiffy Lube, Dollar General, Office Buildings for sale

1. Christian Brothers Automotive in Katy, TX: brand new 4921 SF automotive center on .86 ac lot in fast growing and affluent (AHI $148K/yr in 1 mile) Houston suburbs. Close to I-10.  15 yrs absolute NNN corp lease. NOI $160K/yr with 1½% annual rent increases. $2.219M. 7.25% cap.
2. Jiffy Lube in Hilliard, OH: 2692 SF well maintained Jiffy Lube on .58 ac lot at a hard corner location in growing and high income Columbus metro. 100% NNN corp lease with 10+ yrs left. NOI $91K/yr with a rent increase in 2018. $1.14M. 8% cap.
3. Christian Brothers Automotive in Allen, TX: 4921 SF newly constructed auto center on .97 ac lot in Fort Worth/Dallas suburbs. Excellent demographics: 131.67% pop growth since 2000, AHI of $111K/yr within 1 mile radius. Adjacent to The Village at Fairview and The Village at Allen, with over 150 stores.  Close to Allen Premium Outlets with 100 stores & Hwy-75. 15 yrs absolute NNN corp lease. NOI $168K/yr with 1½% annual rent bumps. $2.32M. 7.25% cap.
4. Retail Center in Arlington, TX: 14,761 SF attractive retail center built in 2008 on 1.65 ac lot in fast growing and upper middle class Fort Worth/Dallas suburbs. Across from Tarrant County College Southeast. 70% leased. NOI $166K/yr. $1.975M. 8.42% cap.
5. Shopping Center in Ocala, FL: 27,956 SF shopping center built in 2006 on 3 ac corner lot at a major retail corridor. Major tenants include: IHOP, AT&T, AMSCOT, H&R Block and The UPS Store. Adjacent to Walmart Supercenter. 95% NN leased to 10 tenants. NOI $454K/yr. $4.94M. 9.20% cap.
6. Office Building in Independence, OH: 29,500 SF Class-B office building at a hard corner location in Cleveland suburbs. Off/on ramp I-77. 95% leased with good tenant mix. Proforma NOI $252K/yr. $2.8M. 9% cap.
7. Dollar General in San Antonio, TX: 9014 SF retail building with good visibly in fast growing area. 100% NNN lease with 3 yrs left. NOI $81K/yr. $1.084M. 7.50% cap. 
8. Office Building in Berkeley, CA: 24,182 SF well-maintained office building renovated in 1984 in Downtown Berkeley. 95% leased. NOI $353K/yr. $6.2M. 6.50% cap.
9. Mix-Used Centers in Hampton, VA: 39,000 SF consisting of two retail/office centers completed in 2006 & 2009 at a signalized corner location. Close to 79-bed Riverside Behavioral Health Center and I-64. NOI $602K/yr. $5.95M. 10% cap.
10. Retail Center in Greenville, SC: 8238 SF attractive retail center with signage and visibility along I-385. Adjacent to 1,300,000 SF Haywood Mall, near Patewood Memorial Hospital and Children’s Medical Center. 100% leased to McAlister Deli and Marked Down Furniture. NOI $80K/yr. $1M. 8% cap.

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