- Burger King in Bartow, CA: 3072 SF fast food restaurant built in 2001 on 1.4 ac. 20 yrs NNN lease with 12 yrs left to a franchisee with 21 locations. NOI $116K/yr. with 10% rent bump every 5 yrs. $1.83M. 6.35% cap.
- Strip Mall in Fullerton, CA: 2897 SF 2-unit strip center on 1.15 acres outparcel to a 200,000 SF neighborhood center in high income city (AHI $88K/yr in 1 mile). 100% leased to Supercuts and a Doughnut shop. NOI $71K/yr. $1.098M. 6.5% cap.
- Apartments in Jonesboro, GA: 160 unit 3-BR townhome apartments. Built in 1997 on 20 acres lot in middle class Atlanta suburbs. Swimming pool, clubhouse, leasing office, playgrounds, picnic areas, laundry center. 96% occupied. Pro forma NOI $542K/yr. $6M. 9% cap.
- O’Reilly Auto Parts in Lacey, WA: 10,496 SF auto parts center on .77 ac lot in growing & middle class Olympia metro. 100% corp lease with 8 yrs left. NOI $97K/yr. $1.396M. 7% cap.
- Single-tenant Retail Center in Myrtle Beach, SC: 6418 SF retail center built in 1990 on .9 ac lot in a high income coastal city. 30 yrs absolute NNN lease to Titlemax (regional tenant with 500 locations in 6 states) from 2007 with options to terminate after 10 yrs. NOI $81K/yr. $992K. 8.25% cap.
- Lone Star Steakhouse in Centerville, UT: 5480 SF steakhouse on 1.6 acres lot with I-15 visibility in high income North Salt Lake metro. Next to Target and Home Depot. 20 yrs absolute NNN lease with 11 yrs left. NOI $172K/yr with 2% annual rent bump. $1.72M. 10% cap.
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