04-03: Big Lots, Ashley Furniture, Burger King, Garden Ridge, Northwest Primary Care

1. Big Lots in Chico, CA: 24,370 SF well performing retail building between Target and Toys “R” Us in fast growing area in Northern CA. Across from Chico Mall and close to Hwy-99. 100%  NNN- lease. NOI $178K/yr. $2.75M. 6.50% cap. NOTE: no flyer avail, full brochure upon request.
2. Ashley Furniture in Memphis, TN: 50,800 SF single-tenant retail center on nearly 5 ac lot part of Costco & Lowe’s anchored center in high income area. Across from FedEx World Headquarters. 100% NNN lease with over 2-yrs left. NOI $345K/yr. $4.6M. 7.5% cap. NOTE: no flyer avail, full brochure upon request.
3. Retail Center in Clovis, CA: 8448 SF attractive retail center built in 2007 on over 1 ac outparcel to Sierra Vista Mall on a high-traffic artery.  100% NNN leased to Verizon, Aqua Nails and Clovis Bicycle. NOI $174K/yr. $2.59M. 6.76% cap.
4. Burger King in Minneapolis, MN: 1848 SF fast food restaurant on .55 ac lot along main corridor close to Crystal Center with Marshalls, Target, Michael’s, Famous Footwear and more. 20-yrs absolute NNN lease with 11+ yrs left to 2^nd largest franchisee. NOI $83/yr with 1.25% annual rent bumps. $1.275M. 6.57% cap.
5. MOB in McKinney, TX: 17,904 SF Class-B medical office building on 1.38 ac lot in growing upper middle-class Dallas suburbs. Near Baylor Hospital and Medical Center of McKinney. Easy access to Hwy-121/75. 100% NNN leased to multiple tenants. NOI $198K/yr. 2.2M. 9% cap.
6. Office Building in Lincoln, NE: 14,962 SF well maintained office building completed in 1994 on 1.27 ac lot close to Hwy-2. 87% NNN lease. NOI $143K/yr. $1.3M. 11% cap.
7. Garden Ridge in Hilliard, OH: 128,875 SF single-tenant Home Décor Center on 10.43 ac lot in high income (AHI $101K/yr) Columbus suburbs. Between Market at Mill Run Mall and I-270. 100% absolute NNN lease with 7-yrs left. NOI $612K/yr. $7.42M. 8.25% cap.
8. MOB in Kansas City, MO: 6413 SF Class-A medical office building on .26 ac lot in a high income area. Near I-29. 100% NNN lease with 5-yrs left to a medical practice. NOI $120K/yr. $1.5M. 8% cap.
9. Office Buildings in Stockton, CA: 19,331 SF consisting of three office buildings on 1.39 ac lot along main retail corridor. Close to Weberstown Mall  and I-5. 80% NNN leased. Actual NOI $140K/yr. $1.75M. 8% actual cap. Upside potential.
10. Northwest Primary Care in Milwaukie, OR: 12,046 SF Class-B medical office building on over 1 ac lot in Portland suburbs. Near Providence Milwaukie Hospital. 100% NNN lease with 6-yrs left to a growing medical provider with 7 locations. NOI $337K/yr. $3.55M. 9.52% cap.

            (c) Transmercial 2014