09-23: Office Park McDonald's, MOB, Pier 1 Imports, Strip Centers

1. Strip Center in Pittsburg, CA: 7652 SF well maintained strip center on .69 ac lot in a stable city East of San Francisco. Close to Hwy-4. 100% leased. Pro forma NOI $97K/yr. $1.35M. 7.19% cap.
2. Office Park in Rocklin, CA: 10,400 SF well kept office park in high income (AHI $96K/yr in 3 mile radius) Sacramento suburbs. Near Sutter Roseville Medical Center, I-80 and Hwy-65. 84% leased with only one vacant unit. Actual NOI $144K/yr. $1.525M. 9.50% cap.  
3.  McDonald’s in Sunrise, FL: 3925 SF fast food restaurant on ½ ac lot in Fort Lauderdale suburbs. Close to Sawgrass Mills Mall. 100% NNN lease with 5 yrs left. NOI/Cap not disclosed.  
4. Retail Center in North Richland Hills, TX: 16,514 SF retail center built in 2007 on 1.63 ac lot at a major corridor in fast growing Fort Worth suburbs. 92% NNN leased. NOI $300K/yr. $4M. 7.50% cap.
5. Shopping Center in Houston, TX: 43,751 SF attractive shopping center on 3+ ac lot at a major retail artery and in high income area with an AHI of $92K/yr in 3 miles. 87% leased. NOI $402K/yr. $4.9M. 8.21% cap.
6. MOB in Pompano Beach, FL: 27,109 SF Class-B medical office building on 1 ac lot just North of Fort Lauderdale. Close to Broward Health North Hospital and I-95. 94% leased to multiple medical and professional tenants. NOI $194K/yr. $2.75M. 7.09% cap.
7. Pier 1 Imports in San Antonio, TX: 8016 SF single tenant retail building on .97 ac lot in fast growing area. Close to North Star Mall and I-410. New absolute NNN corp lease with 5 yrs left. NOI $135K/yr. $1.64M. 8.25% cap.
8. MOB in Las Vegas, NV: 9288 SF attractive medical office building completed in 1996 close to Desert Springs and Sunrise Hospitals. 100% leased to multiple tenants. NOI $85K/yr. $925K. 9.20% cap.

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