10-14: Burger King, Lowe's, LA Fitness, Stonebridge Pediatrics, Walgreens, MOB

1. Retail Center in Peoria, AZ: 20,711 SF attractive retail center on 2.27 ac lot in high income (AHI $93K/yr in 1 mile) Phoenix suburbs. Close to Hwy-101. Anchored by Phoenix Children’s Academy, other tenants include; Urgent Care, Palo Verde Medical, Ballpark Pizza and Golden Spoke Cyclery. 92% leased. NOI $348K/yr. $4.65M. 7.50% cap.
2. Burger King in Mundelein, IL: 2940 SF Burger King completed in 2001 on nearly 1 ac lot in affluent Chicago metro with an AHI of $121K/yr in 1 mile. 100% absolute NNN lease with 15 yrs left to strong franchisee with 378 units. NOI $44K/yr with 1.5% annual rent increases commencing in Oct 2015. $725K. 6.17% cap.
3. Retail Center in Arlington, TX: 19,840 SF well kept retail center on over 1 ac lot at a signalized intersection & along main retail corridor. Anchored by O’Reilly Auto Parts. 100% leased. NOI $219K/yr. $2.747M. 8% cap.
4. Lowe’s in West Sacramento, CA: 170,393 SF retail building on 11+ acres of land at busy corridor and in high income area. Across from Target and Nugget Market anchored center. 20 yrs absolute NNN ground lease (land is for sale) with 14+ yrs left. NOI $495K/yr. $9.445M with a 20% rent bump in 1^st option. 5.25% cap. 
5. Strip Center in Los Angeles, CA: 8463 SF mature strip center at a signalized corner location in densely populated (700,000 residents in 5 mile radius) and high income (AHI $81K/yr in 1 mile) area. Anchored by 7-Eleven. Area with high barrier to entry. Near Kindred Hospital and I-405. 100% leased. NOI $225K/yr. $3.75M. 6% cap.
6. MOB in Roseville, CA: 7115 SF Class-B medical office building on .86 ac lot in high income (AHI $83K/yr in 1 mile) Sacramento suburbs. Close to I-80. 100% leased. NOI $154K/yr. $1.95M. 7.90% cap.
7. LA Fitness in Fontana, CA: 45,000 LA Fitness center built in 2008 on 4+ ac lot in growing (323.23% pop growth since 2000) and high income San Bernardino County with an AHI of $88K/yr in 1 mile. Amenities include: basketball courts, racquetball courts, pool, juice bar and group fitness classes. Next/visible from Hwy-210. 15 yrs absolute NNN corp lease with 10 yrs left. NOI $841K/yr with rent bumps every 5 yrs. $12.467M. 6.75% cap.
8. Stonebridge Pediatrics in McKinney, TX: 9973 SF State-of-the-Art single-tenant medical office building completed in 2011 on 1+ ac lot in fast growing and affluent Dallas suburbs with an AHI of $112K/yr in 1 mile. Close to Baylor Medical Center at McKinney. 10 yrs NNN- lease with 8 yrs left. NOI $239K/yr with annual CPI-based rent bumps. $3.192M. 7.49% cap.
9. Walgreens in Daytona, Beach, FL: 13,905 SF well maintained drive-thru drug store on 1.55 acres corner lot.  100% NNN lease with 3 yrs left. NOI $226K/yr. $3.12M. 7.25% cap.
10. Retail Center in Pearland, TX: 23,500 SF attractive retail center on 2.89 ac lot in growing and high income Houston suburbs. Anchored by 10,000 SF Dollar Tree, other national tenants include: Little Caesars Pizza, Subway, State Farm and ACE Cash. All units face main road. 100% leased. NOI $315K/yr. $4.34M. 7.27% cap.

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