01-09: The Vitamin Shoppe, Charleston's, Office Building, MOB's, REO'ed Centers

1. The Vitamin Shoppe in Saginaw, MI: 3096 SF newly constructed retail building on .47 ac lot in growing area. Across from Fashion Square Mall. 12 yrs absolute NNN lease. NOI $91K/yr with 10% rent bump in yr 6. $1.217M. 7.50% cap.
2. Office Building in Danville, CA: 6906 SF Class-B office building in affluent city (AHI of $159K/yr in 3 mile radius) just 30-min East of San Francisco. Close to I-680. $2.685M. NOI/Cap N/A.
3. MOB in Sacramento, CA: 12,944 SF medical building constructed in 2005 adjacent to Dignity Health Methodist Hospital of Sacramento and Hwy-99. Close to Kaiser Permanente. 100% NNN leased to DaVita, Community Resource and WellSpace Health. NOI $251K/yr. $3.864M. 6.5% cap.
4. MOB in Sacramento, CA: 12,783 SF medical building completed in 2005 adjacent to Dignity Health Methodist Hospital of Sacramento and Hwy-99. Close to Kaiser Permanente. 100% NNN leased to WellSpace Health and Daloo. NOI $263K/yr. $3.764M. 7% cap.
5. REO’ed Retail Center in Warner Robins, GA: 10,300 SF bank-owned retail center constructed in 2007 on over 1 ac lot in a fast growing and upper middle-class area. NOI $96K/yr. $1.2M. 8% cap.
6. Charleston’s in Chandler, AZ: 6375 SF casual dining restaurant on 1.50 ac lot at a main retail location. Major retailers in the area include: Sam' s Club, Lowes, Outback steakhouse, BevMo, Toys-R-Us, Best Buy, AMC Theaters, JC Penny' s, Target, Pier 1 Imports, and Petco. Close to I-10. 100% NNN lease with recently extended 5 yrs lease left. NOI $285K/yr. $3.46M. 8.25% cap.
7. Shopping Center in Palmdale, CA: 49,215 SF attractive shopping center built in 2006 on over 3 ac lot in growing Los Angeles County. Across from Palmdale Regional Medical Center.  100% NNN leased to 4 regional and national tenants. NOI $726K/yr. $9.077M. 8% cap.
8. Retail Center in Lawrenceville, GA: 19,400 SF attractive retail center on 1 ac lot along main corridor in growing Atlanta suburbs. Near Hwy-316. 80% NNN leased. NOI $236K/yr. $2.95M. 8% cap.
9. Shopping Center in Columbus, OH: 63,608 SF shopping center on 5.60 ac lot across from St Francis Hospital. 98% leased to Starbucks, Planet Fitness, Rent A Center, Peluso's and The Yogurt Shoppe. 7.70% cap. NOI/Price not disclosed.
10. Office Building in Rosemead, CA: 4783 SF well maintained office building constructed in 1993 in densely populated Los Angeles area. Close to I-10. $1.38M. NOI/Cap N/A.

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