06-11: TIC ownership property, MOB, Apartments, Retail Centers

1. Shopping Center in Houston, TX: 23,024 SF L-shaped shopping center on 1.49 ac lot at a major retail corridor and in high income area. NNN leases. NOI $171K/yr. $1.71M. 10% cap.
2. Apartments in Lawrenceville, GA: 170-units 194,272 SF attractive apartment complex built in 1981 on 16+ ac lot in fast growing and high income Atlanta metro. Close to schools, shopping centers and I-85. Recent renovations throughout the property. 94% average occupied. NOI $648K/yr. $9.8M. 6.62% cap.
3. MOB in Florence, KY: 18,283 SF medical office building renovated in 2007 on 1.71 ac corner lot in Cincinnati metro.  Anchored by 12,323 SF Fresenius Dialysis.  100% leased to 3 medical tenants.  NOI $293K/yr. Price reduced from $3.4M to $3.125M. 9.41% cap.
4. MOB in Bradenton, FL: 6,000 SF well kept medical office building on .63 ac lot at a busy corridor. Next to 24-hr Walgreens and across from Publix, Bealls & 24-hr CVS pharmacy.  15 yrs NNN- corp lease with 12+ yrs left to Hospital Corporation of America (NYSE: HCA), the largest private operator of health care facilities in the world. NOI $84K/yr with 3% annual rent bumps. $1.25M. 6.75% cap. Buyer to assume $667K loan at 6.37% interest rate.
5. MOB in Canfield, OH: 10,448 SF Class-A medical office building on 1.40 ac lot growing and affluent city with an AHI of $108K/yr in 1 mile. Close to I-76. 100% leased to medical tenants. $950K.  NOI/Cap not provided.
6. Shopping Center in Missouri City, TX: 29,910 SF attractive shopping center built in 2005 on 2.88 ac lot along main retail corridor in high income (AHI $109K/yr) area in Houston metro. Across from Power Center anchored by Target & Kohl’s, Home Depot and PetSmart. NOI $458K/yr. $5.5M. 8.5% cap.
7. MOB in Bend, OR: 28,804 SF Class-B multitenant medical office building on 3.89 ac lot in fast growing area. Across from St Charles Medical Center. Surrounded by major medical facilities. 86% leased. Proforma NOI $475K/yr. $6.599M. 7.19% cap.
8. Shopping Center in Jacksonville, FL: 76,486 SF well kept shopping center on 11.53 ac lot with several points of ingress/egress. Anchored by a 39,686 SF Save a Lot grocery and a 12,000 SF Family Dollar. 98.50% leased. NOI $493K/yr. $4.932M. 10% cap.
9. TIC Shopping Center in El Segundo, CA: 23,539 SF attractive Tenant in Common ownership property (1/3 interest in a 82,539 SF property is for sale) in affluent (AHI $152K/yr within 3 mile radius) coastal city in Los Angeles. 100% NNN leased to 5 tenants. NOI $199K/yr. $3.195M. 6.25% cap.
10. Retail Center in Houston, TX: 11,900 SF retail center built in 2007 on 1.24 ac lot in fast growing area. 100% leased to excellent tenant mix. NOI $176K/yr. $2.43M. 7.25% cap. 

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