- Retail Center in Clinton, UT: 34,186 retail center consisting of three buildings on nearly 3 acres lot shadow-anchored by Maceys grocery & across from Lowe’s, Kohl’s and Walmart anchored center. At a hard corner location in growing and middle-class city North of Salt Lake City. 100% NNN leased to 12 tenants. NOI $435K/yr. $5.5M. 8% cap.
- Pep Boys Auto in Tuscaloosa, AL: 5721 SF auto parts and service center built in 2008 on 1.88 ac lot in a city about 30 minutes from Birmingham. 100% NNN corp leased till 2028. NOI $114K/yr (as of 12/2013) with 10% rent bumps every 5 yrs. $1.472M. 7.75% cap.
- Retail Building in Pflugerville, TX: 3909 SF newly constructed retail building on .92 ac lot in fast growing & middle-class Austin suburbs.. Tenants include: Starbucks’s, Cash Advance and La Patesserie. NOI $122K/yr. $1.692M. 7.25% cap.
- Lone Star Steakhouse in Des Moines, IA: 12,595 SF steakhouse restaurant on 2.89 ac lot in high income area (AHI $100K/yr in 3 mile). Close to Valley West Mall and easy access to I-235. 15 yrs absolute NNN corp lease. NOI $157K/yr with 2% annual rent increases. $1.576M. 10% cap.
- Shopping Center in Gilbert, AZ: 34,183 SF newly constructed center anchored by 10,200 SF Dollar Tree. Part of a 190,103 SF community center anchored by Lowes and Fresh & Easy. In booming (1,526.71% pop growth since 2000) and upper middle-class Phoenix suburbs. 91.53% leased. NOI $497K/yr. Price: Best Offer.
- Office Building in Fremont, CA: 9048 SF two-story well-maintained office building on .47 ac lot in affluent San Jose suburbs (AHI $114K/yr in 1 mile). Close to Tesla Factory and easy access to I-880 and I-680. 82% leased with only 1607 SF vacant. NOI $124K/yr. $1.8M. 6.90% cap.
- Walgreen’s in Kennesaw, GA: 13,600 SF drug store built in 2004 on 1.5 acres corner lot in wealthy Atlanta suburbs (AHI $100K/yr). 100% NNN lease with 17+ yrs left. NOI $313K/yr. $4.485M. 7% cap. Buyer to assume loan at low 5.68% rate.
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