06-11: KFC, Goodyear, Staples, Kohl's, Dollar General, Taco Bueno, Castrol Oil Change, CBA

1. KFC in Alliance, OH: 2701 SF KFC restaurant on 1.17 ac lot along main thoroughfare and close to Alliance Community Hospital in Akron/Canton metro. 100% absolute NNN lease with 19+ yrs left to an operator with 76 units. NOI $75K/yr. with 1.5% annual rent bumps from 2013-2017 and 10% every 5 yrs thereafter. $970K. 7.73% cap.
2. Goodyear in Plano, TX: 6864 SF Goodyear auto center built in 2003 on .80 ac lot next to Hwy-121. In fast growing (300% pop growth since 2000) & prosperous (AHI $117K/yr. in 3 mile) Dallas metro. 100% NNN- corp lease with 6 yrs left. NOI $126K/yr. $1.575M. 8% cap.
3. Staples in Ukiah, CA: 24,174 SF single retail building constructed in 1997 on 2.18 ac lot next to Hwy-101 in Northern CA. Neighboring big-box retailers include: FoodMax,  Michaels, and Wal-Mart. Approved Costco on adjacent site. 100% NNN lease with 5 yrs left. NOI $319K/yr. market rent. $4.265M. 7.50% cap.
4. Kohl’s in Sanford, FL: 104,000 SF Kohl’s department store close to Seminole Towne Center and on/off ramp of I-4 in Orlando suburbs. 20 yrs absolute NNN corp ground lease with 15 yrs left. NOI $870K/yr. $11.68M. 7.40% cap.
5. Office Building in North Highland, CA: 27,664 SF two-story Class-B office building constructed in 2002 on 1.80 ac lot close to I-80 in Sacramento area.. 96% leased to Federal Government, American Diabetes Association, Quest Discovery Service and Crossroads Treatment Center. NOI $280K/yr. $3.4M. 8.25% cap.
6. Dollar General in Lithia Springs, GA: 9026 SF brand new all brick retail building on 1.53 ac lot near I-20 in fast growing Atlanta suburbs. New 15 yrs NNN lease. NOI $104K/yr. $1.396M. 7.50% cap.
7. Taco Bueno in Tyler, TX: 3000 SF drive-thru restaurant on .90 ac lot along Loop-323 and close to Tyler Junior College and Mother Frances Hospital. New 15 yrs absolute NNN lease. NOI $105K/yr. with 5% rent increases every 5 yrs. $1.44M. 7.50% cap.
8. Castrol Oil Change in Bakersfield, CA: 2936 SF Castrol Oil Change built in 2009 on .75 ac outparcel to Lowe’s and Foods Co. Close to East Hills Mall and Hwy-178. 15 yrs absolute NNN lease with 12 yrs left to strong operator with 40 units. NOI $96K/yr. with 12.5% rent increase every 5 yrs. $1.297M. 7.40% cap.
9. Christian Brothers Automotive in Madison, AL: 4921 SF newly constructed automotive center on .98 ac lot in fast growing and affluent (AHI $104K/yr. within 3 miles) Huntsville suburbs. 20 yrs absolute NNN  corp lease. NOI $164K/yr. with 1½% annual rent increases. $2.117M. 7.75% cap.

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