1. Fantasy Inn in South Lake Tahoe, CA: rare upscale 53-room 29,507 SF themed hotel and wedding chapel (www.fantasyinn.com) built in 1993 on 1.377 acres lake front lot in a wealthy resort area (AHI $109K/yr). Each room has oversized in room whirlpool spa. Hosting over 500 weddings/yr. Adjacent to casinos. NOI $652K/yr. $6.1M. 10.7% cap.
2. Tire Plus Auto Service Center in Sparks, NV: 7773 SF Tire Plus auto center under construction on 1.27 acres outparcel to Home Depot in growing Reno metro. Across from Costco, Best Buyer & Michaels. 15 yrs NNN lease with guaranty from Bridgestone Retail Operations, LLC. NOI $245K/yr with 10% rent bump every 5 yrs. $3.274M. 7.5% cap.
3. Apartments in Houston, TX: 216 unit apartments just one block from Westwood country club. 95% occupied. NOI $473K/yr. $2.95M. 16.06% cap. Just over $13.5K/unit.
4. Strip Mall in Aurora, IL: 4522 SF strip center built in 1999 on .37 ac corner lot in Chicago metro. 100% leased by 4 tenants. NOI $74K/yr. $850K. 8.69% cap.
5. Dialysis Medical Center in Dublin, OH: 5778 SF dialysis center adjacent to Dublin Methodist Hospital Campus in fast growing (35%) & affluent Columbus metro (AHI $107K/yr). 100% NNN leased to Davita Dialysis, a Fortune 500 company with 7 yrs remaining. NOI $76K/yr. $995K. 7.7% cap.
6. Office Building in Charlotte, NC: 33,867 SF 3-story 4-yrs-old office building developed on 5.35 acres lot in a middle class area. Anchored by ECPI, a college of Technology, Business and health Sciences. 93% leased. NOI $439K/yr. $4.145M. 10.6% cap.
7. Fourplex in San Clemente, CA: 3500 SF fourplex in a affluent city (AHI $129K/yr) just 2 blocks from San Clemente pier/beach. 100% occupied. NOI $48K/yr. $999K.
8. Best Buy in Kenosha, WI: 30,000 SF single-tenant retail center built in 2008 on 3.8 acres on I-94 as a part of a regional shopping center in a fast growing (52% since 2000) & upper middle class city North of Chicago. 100% NNN leased till 2019 to Best Buy, #1 electronic retailer with BBB S&P rating. NOI $510K/yr. $7.034M. 7.25% cap.
9. Davita Medical in Freeport, NY: 18,588 SF 2-story dialysis center renovated in 1995 in densely-populated (430K resident within 5 miles ring) & wealthy (AHI $110K/yr) New York suburbs. Long term NNN lease to Davita (NYSE: DVA). Tenant invested over $4M in this building. NOI $367K/yr. $4.444M. 8% cap.
10. Office Depot in Charlotte, NC: 17,500 SF single-tenant retail center built in 2005 on a heavily travel artery with easy access to I-485 in fast growing area in Charlotte. 10 yrs NNN lease with 5 yrs remaining. NOI $241K/yr. with 10% rent bump each options. $2.67M. 9.75% cap.
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