1. Rite Aid in Spring Field, MA: 11,190 SF drug store on 3.59 acres lot 1 hr West of Boston. New 20 yrs NNN lease. NOI $285K/yr with 10% rent bump every 10 yrs. $3.296M. 8.65% cap.
2. Medical Office building in Baca Raton, FL: 26,241 SF 4-story medical office building on 1.77 acres lot adjacent to 400-bed, 700-physician Boca Raton Regional Hospital in affluent area (AHI $119K/yr). 90% leased. NOI $382K/yr. $4.775M. 8% cap.
3. Starbucks in Humble, TX: 1850 SF Starbucks built in 2008 on .63 ac corner outparcel in fast growing Houston suburbs. 10 yrs NNN- with 8 yrs remaining. NOI $68K/yr with 10% rent bump every 5 yrs. $944K. 7.25% cap.
4. Shopping Center in Colton, CA: 108,398 SF 25-unit shopping center built in 1992 on 8.47 acres lot just off I-215 exit. Anchored by 30,187 SF Ross, and 21,934 SF 99-Cents Only Store and shadow anchored by Wal-mart Supercenter. 79% leased. Actual NOI $1.192M. Unpriced. Buyer to assume $16.2M loan at 6.18% interest fixed till 2016.
5. Walgreens in Montebello, CA: 14,775 SF drug store on 1 ac corner lot in densely-populated LA metro with over 670K residents within 5 miles. 25 yrs absolute NNN lease with 20 yrs remaining. NOI $437K/yr. $6.242M. 7% cap.
6. Strip Center in San Bernardino, CA: 6235 SF strip center built in 2000 on .95 ac parcel just off I-215 exit. ¼ miles from Walmart and on the way to CA State University San Bernardino. 100% NNN leased by Wells Fargo (ATM only), Starbucks, Dominos Pizza, Sushi Tomo, and a Nail salon. NOI $172K/yr. $2.381M. 7.25% cap.
7. Business Park in Petaluma, CA: 87,831 SF 3-building class-B office complex as part of 1,100,000 SF Redwood Business Park in upper middle class city 30 miles North of San Fran. 65% leased to quality tenants. Current NOI $552K/yr. $6.5M. 8.5% actual cap. Just $74/SF! Strong upside potential when 100% leased.
8. Retail Center in Newark, CA: 14,700 SF retail center built in 2007 right off Hwy 84 exit with easy access to I-880. 54% leased. $2.995M.
9. Best Buy in Signal Hill, CA: 45,151 SF single-tenant retail center on 4.62 acres lot in densely-populated middle class Long Beach. Easy access to I-405. 100% NNN lease with 12 yrs remaining. NOI $1.096M/yr with 10% rent bump every 5 yrs. $16.71M. 6.5% cap.
10. Apartments in Decatur, GA: 256-unit apartments on 21.56 acres lot in Atlanta metro. Amenities include leasing office, playground, volleyball court, basketball court and swimming pool. $3.5M. 10.5% (pro forma?) cap. Less than $14K/unit.
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