10-30: Mixed-Use, Neighborhood Center, Strip Centers

1. Shopping Center in Red Oak, TX: 45,761 SF shopping center renovated in 2008 on over 5 ac lot in growing Dallas suburbs. Major tenants include: 19,721 Life School Dallas (a non-profit public charter school with 7 locations), 8400 SF Family Dollar and 6000 SF Anytime Fitness. Adjacent to Walmart Supercenter and near I-35E. 96% NNN leased. NOI $647K/yr. $8.1M. 8% cap.
2. Strip Center in Princeton, TX: 9177 SF attractive strip center constructed in 2004 on nearly 2 ac lot in a fast growing Dallas suburbs. Tenants include: Dickey’s BBQ, Mr. Jim’s Pizza, PT Donuts, Verizon Wireless, Princeton Smiles and T-Nails Salon. 100% NNN leased. NOI $143K/yr. $1.94M. 8% cap.
3. Retail Building in Jacksonville, FL: 6000 SF well maintained retail building on .77 ac outparcel to Marshalls and Winn Dixie grocery center. 100% NNN leased to Foot Locker and Wireless America. NOI $70K/yr. $850K. 8.27% cap.
4. Shopping Center in Spring, TX: 20,790 SF shopping center built in 2006 in growing and high income Houston MSA with an AHI of $103K/yr in 3 miles. All units face main corridor. 100% NNN leased. NOI $335K/yr. $3.95M. 8.50% cap.
5. Neighborhood Center in Indianapolis, IN: 102,678 SF well kept shopping center on 11½ ac lot anchored by Big Lots and a brand new HHGregg. Across from 1,000,000 SF Washington Square Mall. 79% leased. Actual NOI $426K/yr. $5.7M. 7.49% actual cap. Upside potential.
6. Retail Buildings in San Antonio, TX: 8480 SF consisting of two retail centers on 1.26 ac lot. 100% NNN leased to Tacos N Salsa, Gorgeous Hair & Nail Salon, Blimpies, Bahama Bucks, Cleaners and Old Fashion Donuts. NOI $130K/yr. $1.725M. 7.56% cap.
7. Retail Center in Kingwood, TX: 18,107 SF beautiful retail center completed in 2006 on 3.5 ac lot in affluent (AHI $127K/yr) Houston suburbs. 100% NNN leased to four tenants. NOI $251K/yr. $3.2M. 7.80% cap.
8. Retail Center in Aurora, CO: 15,800 SF attractive retail center built in 2004 on 1.64 ac lot anchored by Big 5 Sporting Goods at a hard corner location in high income Denver suburbs. 100% leased. NOI $336K/yr. $4.082M. 8.25% cap. Buyer to assume $2.804M at 5.57% interest rate.
9. Retail Center in Downers Grove, IL: 10,887 SF well maintained retail center in affluent Chicago suburbs with an AHI of $105K/yr. With easy access to I-88 and I-355. 100% NNN leased. tenants include AT&T, Jimmy Johns, Edward Jones and Battery Giant. NOI $197K/yr. $2.159M. 9.12% cap.
10. Mixed-Use in Round Rock, TX: 20,532 SF office/retail center on over 2 ac lot in Austin suburbs. With easy access to I-35. 89% NNN leased. Actual NOI $173K/yr. $2.585M. 6.70% cap. Upside potential when fully occupied. 

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