06-12: Office Buildings, Shopping Centers, Retail Centers, MOB, Apartment Complex

1. Shopping Center in Richardson, TX: 63,952 SF distinctive shopping center on 7+ ac lot in growing and affluent (AHI $103/yr in 1 mile) Dallas suburbs. 90% leased with mostly NNN leases. NOI $720K/yr. $8M. 9% cap. Upside potential when fully leased.
2. Retail Center in Fort Worth, TX: 4,742 SF retail center and a freestanding 2,500 SF drive-thru Taco Bueno restaurant completed in 2007 on 1.22 ac outparcel to The Home Depot in a fast growing area. Close to 208,000 SF Walmart Supercenter and I-820. 86% NNN leased to First Cash, Edward Jones, Taco Bueno and Little Caesar’s with a small vacant unit.  Proforma NOI $177K/yr. $1.977M. 8.99% pro forma cap.
3. Office Building in Santa Rosa, CA: 9852 SF well maintained office buildings on .85 ac lot in upper middle class area North of San Francisco. Close to Coddingtown Mall and Hwy-101. 100% leased to six tenants. NOI $83K/yr. $1.1M. 7.60% cap.
4. Retail Center in Huntington Park, CA: 4679 SF retail center built in 1997 lot at a corner location and in densely populated area with over 1,000,000 residents within 5 miles. 100% NNN leased to four tenants. NOI $71K/yr. $875K. 8.16% cap. Perfect for 1^st time investor!
5. Strip Center in Plainfield, IL: 9973 SF attractive strip center on nearly 1 ac corner lot in fast growing and high income (AHI $108K/yr in 3 mile) Chicago suburbs. Shadow anchored by recently remodeled Target and across from Walmart Supercenter. 100% leased to Chipotle, Yumz Yogurt, AT&T, Which Wich and Burning Leaf Cigar. NOI $243K/yr. $3.6M. 6.7% cap.
6. Retail Building in Chandler, AZ: 5372 SF attractive strip center on .40 ac outparcel to Bashas’ grocery & Petco center in Phoenix suburbs. Close to 1,300,000 SF Chandler Fashion Center with more than 180 stores and Chandler Regional Medical Center. 100% NNN leased to The Hungry Monk and Driving MBA, a local driver training facility. NOI $130K/yr. $1.612M. 8.10% cap.
7. Shopping Center in Sacramento, CA: 64,171 SF well maintained shopping center on 4.63 ac lot at a hard corner.  Anchored by Food Source Grocery. Close to Kaiser Permanente Medical center and Hwy-99. 100% leased. NOI $531K/yr. $6.6M. 8.05% cap.
8. MOB in Las Vegas, NV: 51,646 SF Class-A medical office building on 4½ ac lot in high income area with an AHI of $101K/y in 1 mile. 95% leased to multiple tenants. NOI $676K/yr. $9.661M. 7% cap.
9. Apartments in Houston, TX: 62-units well maintained apartment complex on 1+ ac lot in growing and affluent neighborhood with an AHI of $116K/yr within 3 mile.  100% occupancy. NOI $372K/yr. $4.65M. 8% cap.
10. Shopping Center in Hoffman Estates, IL: 21,000 SF attractive shopping center at a main retail corridor in high income Chicago metro. Adjacent to Mercedes, Audi, Infiniti, and Toyota Dealerships. Near Barrington Square Mall and 339-bed Hoffman Estates Medical Center. 90% leased. NOI $267K/yr. $2.892M. 9.25% cap.

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