1. Shopping center in Jacksonville, FL: 68,575 SF 3-yrs old shopping center in an area with excellent demographics: high growth (68% since 2000) and high income (AHI $94K/yr). Shadow anchored by Kohl’s. 97% NNN leased by national credit tenants. NOI $969K/yr. $11M. 8.82% cap.
2. CVS Pharmacy in Daytona Beach, FL: 10,981 SF drug store built in 1998 at an intersection of 2 major arteries. 100% NNN lease with 8 yrs remaining. NOI $292K/yr. $3.542M. 8.25% cap.
3. Shopping Center in Owensboro, KY: 62,924 SF shopping center anchored by Sav-A-Lot Grocery. Shadow anchored by K-mart. NOI $315K/yr. $3.15M. 10% cap.
4. Apartments in Hanover Park, IL: 24-unit apartments in middle class Chicago suburbs. 95% occupied. NOI $132K/yr. $1.55M. 9% cap. Seller will finance with 15% down at 5.5% interest.
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