- Pep Boys Auto in Kingwood, TX: 3950 SF Pep Boys built in 1995 on .728 ac lot in high income Houston suburbs. 10 yrs absolute NNN corp lease. NOI $76K/yr with 10% rent bumps in all options. $1.084M. 7% cap.
- RaboBank in Corning, CA: 5300 SF bank built in 2006 on 1.06 acres next to I-5 in Northern CA. 15 yrs NNN corp lease to RaboBank (S&P AAA) is among 10 largest and safest banks in the world by Global Finance Magazine with over 100 locations in CA alone. NOI $130K/yr with 2% annual rent bump. $2.181M. 6% cap.
- Fresh & Easy market in Napa, CA: 19,204 SF Fresh & Easy Neighborhood Market on 1.84 acres lot in high income city in wine country. 100% NNN- with 18 yrs left. NOI $432K/yr with 10% rent bumps every 5 yrs. Price reduced to $6.75M. 6.4% cap.
- Shopping Plaza in Lisle, IL: 13,500 SF shopping plaza on 1.15 ac lot in affluent town (AHI $118K/yr in 3 miles) in Chicago suburbs. NOI $154K/yr. $1.93M. 8% cap.
- Jiffy Lube in Las Vegas, NV: 3960 SF Jiffy Lube on 1/3 ac outparcel in high income area (AHI $89K/yr in 1 mile). Long term NNN lease to Heartland Automotive Services Inc, the largest franchisee of Jiffy Lube with approximately 450 locations. NOI $122K/yr. with 2% annual rent bump. $1.742M. 7% cap.
- Church’s Chicken in Los Angeles, CA: 1112 SF restaurant on a corner lot in densely populated area with more than 1M residents in 5 miles. 100% absolute corp NNN lease with 13 yrs left. NOI $48K/yr with 1.5% annual rent bumps. $770K. 6.2% cap.
- Buffalo Wild Wings in Douglasville, GA: 5428 SF Buffalo Wild Wings Restaurant and Sports Bar built in 2004 on 1 ac lot with I-20 visibility and adjacent to the successful Arbor Place Mall in Atlanta metro. 100% NNN corp lease with 8 yrs left. NOI $177K/yr. $2.223M. 8% cap.
- Pizza Hut in Louisville, KY: 3113 SF restaurant on .6 ac corner lot across from Walgreens. 15 yrs NNN lease to a franchisee with 20+ locations. NOI $79K/yr with 12% rent bump every 5 yrs. $1.057M. 7.5% cap.
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