1. Wienerschnitzel in Fontana, CA: 1770 SF drive-thru restaurant built in 2002 on .69 ac outparcel to a grocery-anchored shopping center in a growing city in Southern CA. Long absolute NNN ground lease occupied by national tenant. NOI $ 67K/yr. with 12% rent increases every 5-yrs. Next increase in 4/2012. $1.33M. 6.5% cap.   
2. Shopping Center in Jacksonville, FL: 18,767 SF well-maintained shopping center built in 2006 & anchored by Dollar General & Sherwin Williams. 100% NNN leased. NOI $230K/yr. $2.68M. 8.60% cap. Buyer to assume $1.8M loan at 6.125% rate.  
3. Retail Center in Glendale, AZ: 7281 SF recently remodeled retail center on .53 ac outparcel to Target in Phoenix metro. 100% NNN lease to 3 national/regional tenants: GameStop, Little Caesar Pizza, and NextCare Urgent Care. NOI $182K/yr. $2.225M. 8.20% cap.  
4. Medical Office Building in Norfolk, VA: 36,531 SF 3-sory multi-tenant medical office building on river bank near Sentara Norfolk General Hospital on a busy thoroughfare. Excellent demographics: AHI $100K/yr in 1 mile. 95% leased to long-term tenants. NOI $526K/yr. $6.8M. 7.74% cap.   
5. Office Building in Palatine, IL: 40,000 SF 4-story brick office/retail building next to Metra Station and in close proximity to Hwy-14 in high income Chicago metro. 88% leased. NOI $355K/yr. $3.999M. 8.90% cap.  Just $100/SF.  
6. Retail Center in Tracy, CA: 15,412 SF recently constructed retail center close to West Valley Mall and next to I-205.  In fast growing community 30 miles East of Silicon Valley.  89% NNN leased. NOI $375K/yr. $6.2M. 6.06% cap.   
7. Retail Center in Fremont, CA: 14,818 SF retail center built in 2001 shadow-anchored by The Home Depot and REI.  Between I-680 and I-880. In affluent (AHI $110K/yr in 1 mile) Silicon Valley suburbs. 100% NNN leased. NOI $451K/yr. $7.5M. 6.02% cap.  
8. REO Office Building in Folsom, CA: 22,108 SF well-kept office building on 2.63 acres parcel in growing upper middle class Sacramento suburbs (AHI $131K/yr within 1 mile). 83% leased. NOI $363K/yr. $3.95M. 9.20% cap.  Upside potential with NOI of $404K/yr.  when fully leased.  
9. Strip Center in Artesia, CA: 15,378 SF10-units strip center on 1.02 ac lot. Anchored by Lily Health Care & near Fwy-91 in densely populated Los Angeles area. 85% NNN leased. $4.6M. NOI/cap not avail.  

 © 2012 Transmercial.

1. Golden Coral restaurant in Indianapolis, IN: 10,205 SF Golden Coral buffet restaurant on 1.91 ac outparcel to Washington Square Mall.  New 15 yrs NNN lease to an operator with 36 units.  NOI $217K/yr with 8% rent bump every 5 yrs. $2.713M. 8% cap. 
2. Smart & Final in Bakersfield, CA: 20,815 SF grocery store built in 2001 on 2.2 ac lot.  15 yrs absolute NNN corp lease with 5 yrs left.  NOI $310K/yr with 10% rent bump every 5 yr options. $4.134M. 7.5% cap. 
3. Lowes in Grand Rapids, MI: 135,197 SF Lowe’s on 14 acres lot.  20 yrs NNN ground lease.  NOI $660K/yr with unusually high 20% & 10% rent increases in the initial term. $9.75M. 6.77% cap. 
4. Walgreens in Thornwood, CO: 14,820 SF Walgreens built in 2009 on 2.3 acres lot in the fast growing part of Denver metro.  20 yrs absolute NNN lease.  NOI $455K/yr. $7M. 6.5% cap. 
5. Goodwill Store in Santa Clarita, CA: 21,600 SF Goodwill store on 1.08 ac lot.  Renovated in 2011.  100% NNN leased till 2022.  NOI $316K/yr. $4.53M. 7% cap. 
6. Popeye’s Chicken & Biscuits in Baton Rouge, LA: 2681 SF Popeye’s on .6 ac lot stable and strong income area.  100% NNN lease to an operator with 17 units and backing of Capital Spring, a private equity firm. NOI $65K/yr with rent bump every 2 yrs.  Just $773K.  8.5% cap. 
7. Golden Coral in Bakersfield, CA: 14,155 SF new restaurant on 2.13 acres lot.  New 15 yrs absolute NNN to Golden Coral Corp with 480 restaurants in 41 state and 1.5B in sales.  NOI $331K/yr.  $4.417M. 7.5% cap. 
8. Medical Office Condos in Riverside, CA: 13,341 SF 6-unit medical office condos in a growing area.  100% leased to 3 medical tenants.  NOI $276K/yr. $3.626M. 7.61% cap.

© Transmercial 2012

Advisory:  The 10 years US Treasury is below 2% this week (1.93% on Thursday). And so the interest rate for a 5-yrs fixed loan should be about 4.5%.  This means for a property offering 7% cap, you will also earn 2.5% for the money you borrow.

1.  Shopping center in Parker, CO: 21,440 SF shopping center built in 2008 on 2.37 ac corner lot in affluent (AHI $105K/yr) Denver suburbs.  100% NNN leased to 9 tenants.  NOI $496K/yr. $5.98M. 8.3% cap. 
2. Medical Office building in Southlake, TX: 7651 SF medical office building completed in 2007 on 1.11 ac lot in affluent Dallas suburbs.  100% leased.  $2.1M. 
3. Shopping center in Greenwood Village, CO: 12,482 SF strip mall built in 1988 on 1 ac lot in affluent Denver suburbs.  Near i-25 exit and the entrance to Target.  100% leased to 4 tenants.  NOI $262K/yr.  3.325M. 7.9% cap. 
4. Retail center in Costa Mesa, CA: 23,095 SF retail center built in 1989 on a lot at signalized corner in high income coastal city in Southern CA.  Just one block from Orange Coast College with 25,000 students.  NOI $420K/yr. $6M. 7% cap. 
5. Strip Mall in Houston, TX:15,605 SF strip mall in fast growing upper middle class area.  100% NNN leased to 6 tenants.  NOI $221K/yr. $2.4M. 9.23% cap. 
6. Shopping Plaza in Downers Grove, IL: 31,196 SF mature recently renovated 15-unit shopping plaza on 4.5 ac corner lot in high income (AHI 90K/yr) Chicago suburbs.   Easy access to I-355.  91% leased.  NOI $402K/yr. $4.6M. 8.75% cap. 
7. Shopping Center in Anderson, SC:82,367 SF shopping center on 9.6 ac lot in high growth, high income city.  91% leased.  NOI $395K/yr. $4.3M.   9.18% cap. 
8. Medical/retail center in Carrollton, TX: 14,454 SF retail center built in 2006 on 1.46 acres lot in Dallas suburbs.  Excellent demographics: AHI of $114K/yr in 1 mile. 100% NNN leased to 4 medical tenants and a local credit union.  NOI $347K/yr. $4.337M. 8% cap. 
9. Shaw’s supermarket in Plymouth, MA: 59,766 SF supermarket built in 1994 on 6.7 ac lot high income area.  100% leased till 2021 to Shaw’s supermarket, New England’s number 2 grocery chain with lease guaranteed by Albertson’s.  Price not avail

© Transmercial 2012

1. El Chico Cafe in Arlington, TX: 5657 SF restaurant on .9 ac lot in Dallas metro.  15 yrs absolute NNN corp lease with 10 yr left to El Chico Café, a public company with 63 locations.  NOI $213K/yr.  $2.51M. 8.5% cap. 
2. Rite Aid in East Haven, CT: 14,673 SF drug store built in 2008 on 1.54 ac hard corner in high income New Haven suburbs.  20 yrs absolute NNN lease with 17 yrs left.  NOI $586K/yr. with 10% rent bump every 10 yrs.  $6.4M. 9.15% cap.  Buyer to assume $3.846M non-recourse loan at low 4.5% interest due in 2019. 
3. Medical-related facility Gilbert, AZ: 10,089 SF center in affluent (AHI $109K/yr in 1 mile) Phoenix metro.  100% NNN lease with 5 yrs left to Cenpatico Schools, a subsidiary of Centene Corp (NYSE: CNC).  NOI $107K/yr. with $10K annual rent bump (about 10%/yr!)  $1.15M. 9.36% cap. 
4. Oregano’s Pizza in Tucson, AZ: 4725 SF pizza restaurant on .72 ac corner lot.  New 20 yrs absolute NNN lease to Oregano's Pizza Bistro, Inc.  with nine full service Pizza Bistros in Arizona and sales of over $24 million.  NOI $127K/yr.  $1.75M. 7.25% cap. 
5. Long John Silver’s in Sacramento, CA: 2689 SF seafood restaurant on 1.28 acres lot on a major commercial artery.  100% absolute NNN lease with 17 yrs left to an entity with 23 restaurants.  NOI $100K/yr with 2.25% annual rent bump. $1.43M. 7% cap. 
6. Shopping Plaza in Cape Coral, FL: 20,000 SF multi-tenant shopping center built in 2010 on a major artery in Fort Meyers metro.  90% NNN leased to national/local tenants.  Current NOI $248K/yr. $3.75M. 6.58% cap.  Upside potential when fully leased. Just $187/SF. 
7. InTouch Credit Union in Frisco, TX: 4415 SF credit union in fast growing (175% since 2000) and affluent (AHI $101K/yr in 1 mile) Dallas suburbs.  100% absolute NNN lease with 5 yrs left to InTouch credit union with 76,398 members.  NOI $192K/yr. $2.4M. 8% cap. 
8. Office Building in Springfield, IL: 20,706 SF office building completed in 1994 on 2 ac lot.  100% NNN lease till 2021 to Gtech, a gaming company handling state lottery.  NOI $227K/yr. $2.68m. 8.5% CAP

© Transmercial 2012.

1. Apartments in Tampa, FL: 100-unit renovated apartments consisting of 14 2-story buildings on 5.23 acres lot in stable community.  89% occupied.  NOI $428K/yr. $4.15M. 9.34% cap. 
2. US Bank Building in Hinsdale, IL: 12,927 SF 3-story office building completed in 2003 in VERY affluent Chicago suburbs (AHI $280K/yr in 1 mile!) 100% NNN leased to 2 tenants: US Bank (2 floors, S&P AA- rating) with 11+ yrs left and Krist Kolder Associate.  NOI $417K/yr with 3% rent bump for US Bank.  $5.5M. 7.59% cap. 
3. Burger King in Bartow, CA: 3072 SF Burger King built in 2001 on 1.4 ac lot near I-15 exit.  20 yrs NNN lease with 11 yrs left to an operator with 20 locations.  NOI $116K/yr with 10% rent bump every 5 yrs.  Price reduced to $1.59M. 7.3% cap. 
4. Del Taco in Aurora, CO: 2491 SF Del Taco restaurant built in 2005 on .95 ac outparcel to a center anchored by Walmart, Home Depot, Best Buy and Office Depot in affluent (AHI $108K/yr in 1 mile) Denver suburbs.  20 yrs absolute NNN lease till 2025 to an operator with 22 restaurants.  NOI $146K/yr. with 5% rent bump every 5 yrs.  $1.717M. 8.5% cap. 
5. Five Guys Burgers in Cary, NC: 2475 SF Five Guys Burgers restaurant (900 restaurant private chain) renovated in 2006 on .97 ac outparcel near Cary Towne Center mall in upper middle class Raleigh-Durham metro. 10 yrs absolute NNN corp lease till 2017.  NOI $82K/yr with 2% annual rent bump. $1.12M. 7.39% cap. 
6. Shopping Center in Sugarland, TX: 11,645 SF strip mall built in 2005 on 1.15 acres outparcel to Sam’s Club and Walmart.  Near Hwy 6 exit in fast growing upper middle class Houston suburbs. 100% NNN leased to 8 tenants, 5 of them national.  NOI $339K/yr. $4.22M. 8.03% cap. 
7. Neighborhood Market in Temple Hills, MD: 119,010 SF grocery-anchored neighborhood market on 9.3 ac with easy access to I-95/495 in high income Washington DC suburbs.  92% leased.  NOI $862K/yr. $9.35M. 9.22% cap.  Less than $80/SF! 
8. Charlotte Metro Credit Union in Huntersville, NC: 3643 SF single-tenant modern bank building completed in 1997 on 1.59 ac lot near I-77 exit in affluent Charlotte suburbs. 15 yrs absolute NNN lease till 2018 to Charlotte Metro Credit Union with 8 locations.  NOI $158K/yr with 2% annual rent bump. $2.05M. 7.72% cap. 
9. Strip Mall in Lodi, CA: 5935 SF strip center at a hard corner across from Lakewood Mall in a stable city in San Joaquin Valley.  100% NNN leased to 5 tenants.  NOI $98K/yr. $1.42M. 6.92% cap. 
10. Emerus Emergency Hospital in Aubrey, TX: 20,616 SF class-A build to suit acute care hospital with 3 emergency treatment rooms, 5 observation/staging rooms, an imaging center, laboratory and helipad built in 2008 on 2.78 ac lot in fast growing Dallas suburbs.  100% NNN lease with 7 yrs left to Emerus, a 24-hr emergency room operator headquartered in The Woodlands, TX.  NOI $650K/yr with annual CPI-based rent bump.  $7.84M. 8.3% cap.

© Transmercial 2012.

1. Medical & recreational facilities in Trussville, AL: 31,200 SF 2-building medical & recreational facilities built in 2004 on 3 ac lot in affluent (AHI $120K/yr in 1 mile) Birmingham suburbs.  100% leased to 9 tenants.  NOI $278K/yr. $2.223M. 12.5% cap. 
2. KFC in Sioux City, IA: 3078 SF KFC on 2/3 ac lot on a main road.  New 20 yrs absolute NNN lease to an experienced franchisee with personal guaranty.  NOI $95K/yr. with 10% rent bump every 5 yrs. $1.194M. 8% cap. 
3. AutoZone in Indio, CA: 5000 SF AutoZone built in 1995 on .54 ac lot.  20 yrs lease with 4 yrs left.  NOI $121K/yr.  $1.616M. 7.5% cap.  
4. 24 Hrs Fitness in Murray, UT: 35,436 SF 2-story fitness center built in 2004 on 2.15 ac lot in upper middle class Salt Lake city metro. Part of a larger marketplace co-anchored by top-performing A-Fresh Market and Big Lots! 20 yrs NNN- corp lease till 2024 to 24-Hr Fitness USA, Inc.  NOI $670K/yr with 9% rent bump every 5 yrs. $7.445M. 9% cap. 
5. Shopping Center in Katy, TX: 23,500 SF shopping center constructed in 2005 on 2.2 ac corner lot in booming (220% since 2000) Houston suburbs.  Anchored by 10,000 SF Dollar Tree.  100% NNN leased to 9 tenants.  NOI $273K/yr. $3.349M. 8.15% cap. 
6. Burger King in Phoenix, AZ: 3500 SF Burger King on an outparcel to a grocery-anchored shopping center.  100% NNN lease with 6 yrs left to a multi-unit operator.  NOI $90K/yr with 5% rent bump every 5 yrs. $1.2M. 7.5% cap. 
7. Navy Federal Credit Union in Stockbridge, GA: 3379 SF free-standing credit union on 1.35 acres lot close to I-75 in Atlanta suburbs.  10 yrs absolute NNN lease with 5.5 yrs left to Navy Federal Credit Union with $46B in assets and 3.7 million members.  NOI $64K/yr with generous 3% annual rent bump.  Only $850K.  7.59% cap. 
8. Firestone Auto Center in Hutto, TX: 7895 SF auto service center built in 2007 on .927 ac pad to the Home Depot in Austin metro.  15 yrs NNN lease till 2022.  NOI $198K/yr with 6.5% rent bump in 2017.  $2.67M. 7.34% cap. 
9. Apartments in Dallas, TX: 70-unit 2-bedroom apartments with individual HVAC and water heaters.  Metal pitched roofs.  98% occupied.  NOI $229K/yr. $2.5M. 9.2% cap. 
10. Apartments in Austell, GA: 100-unit renovated townhome apartments on 11.28 ac lot in Atlanta metro.  98% occupied. NOI $262K/yr. $2.85M. 9.2% cap.

© Transmercial 2012

1. Professional Office Building in Austin, TX: 75,422 SF 4-story modern office building with 4-level parking garage adjacent to Hwy 183 and Seton Northwest Hospital in high income & stable area (AHI $89K/yr in 1 mile). 94% leased.  NOI $991K/yr. $12M. 8.26% cap. 
2. Shopping Center in Antioch, CA: 20,635 SF shopping center on 2.1 acres lot with easy access to hwy 4 and close to Somersville Town Center mall in Northern CA. Anchored by O’Reilly Auto Parts.  80% leased with 1 vacant unit.  NOI $203K/yr.  $2.7M.  7.5% cap.  Upside potential when 100% leased. 
3. Retail Center in North Riverside, IL: 58,366 SF high-quality retail center in densely-populated Chicago metro with over 650K residents within 5 miles.  100% leased national tenants on a long term basis: Sports Authority, Bally Total Fitness, Chase Bank, and Boost Mobile.  NOI $666K/yr. $8.595M. 7.75% cap. 
4. Golden Coral restaurant in Indianapolis, IN: 10,205 SF restaurant on 1.91 acres outparcel to Washington Square Mall.  New 15 yrs NNN lease to Golden Coral’s largest franchisee with 36 Golden Coral units and 200 restaurants nationwide.  NOI $217K/yr with 8% rent bump every 5 yrs.  $2.713M. 8% cap. 
5. Church’s Chicken in Edinburg, TX: 3175 SF restaurant built in 2005 on .8 ac corner lot in fast growing and high income Allen metro. 20 yrs absolute NNN corp lease with 15 yrs left.  NOI $144K/yr with 12% rent bump every 5 yrs.  $1.85M. 7.81% cap. 
6. Chipotle in Greensboro, NC: 2533 SF Chipotle Mexican Grill restaurantbuilt in 2005 on .95 ac  outparcel to Wendover Place anchored by Target, Kohl's, Pier 1 Imports, Dick's Sporting Goods, Wal-mart, PetSmart, Ross Dress For Less, and Michael's Arts & Crafts. 10 yrs absolute NNN corp lease with 5 yrs left to Chipotle (NYSE: CMG) with 1100 locations.  NOI $82K/yr.  $1.07M. 7.7% cap. 
7. Walgreens in Tucson, AZ: 15,525 SF Walgreens built in 1996 on 1.96 ac corner lot.  100% NNN- lease with 4 yrs left.  Store with over $6M in sales.  NOI $249K/yr.  $2.933M. 8.5% cap.  Buyer to assume $1.76M loan due in 2033.  Note: loan matures in 2033 indicates the lender is confident the tenant will stay beyond 2016. 
8. Shopping Center in Henderson, NV: 105,132 SF beautiful & well-kept Shopping center on 10.23 ac lot in expanding & high income Las Vegas metro.  Easy access to I-215.  Occupancy, NOI N/A.  $10.5M.  Less than $100/SF. 
9. Retail Center in Champagne, IL:14,748 SF 6-unit retail center on 1.98 acres lot in affluent area with AHI $140K/yr in 1 mile.  84% NNN leased to 5 tenants with 1 avail unit.  Current NOI $211K/yr.  $2.35M. 9.2% cap.  Upside potential when fully leased.

© Transmercial 2012.

1. Retail Center in San Jose, CA: 7155 SF recently remodeled retail center on an outparcel to Mi Pueblo supermarket and across from Target.  Easy access to Hwy 101.  100% NNN leased to Chase Bank & AT&T.  NOI $428K/yr.  $5.995M. 7.3% cap. 
2. Fresenius Dialysis Center in Fort Worth, TX: 8500 SF new build to suit dialysis center on 2 ac lot near I-35W.  15 yrs NNN- lease.  NOI $163K/yr with 1.7% annual rent bump. $2.33M. 7% cap. 
3. IHOP in Littleton, CO: 5108 SF IHOP restaurant built in 2001 on .89 ac lot near SR-470 exit in affluent Denver suburbs (AHI $121K/yr in 1 mile).  100% absolute NNN corp lease with 8 yrs left.  NOI $214K/yr.  $2.85M. 7.54% cap. 
4. Tuffy Auto in Jacksonville, FL: 5698 SF Auto service center built in 2007 on 2.09 ac lot in fast growing (98% since 2000) & affluent area (AHI $108K/yr in 1 mile).  20 yrs NNN lease till 2026 to Tuffy auto, a regional tenant with 216 locations. Store with strong sales, ranked #12 among 216 locations. NOI $169K/yr with 8.75% rent bump every 5 yrs. $2.116M. 8% cap. 
5. Professional Park in Las Vegas, NV: 50,076 SF bank-owned office complex built in 1997 on 4.24 acres lot in affluent area (AHI $113K/yr in 1mile).  80% leased.  NOI $471K/yr. $5.55M. 8.5% cap.  Just $110/SF. 
6. Dennys in Lake Worth, TX: 4224 SF Denny’s restaurant on .8 ac lot near Loop 820 exit in fast growing Dallas-Fort Worth metro.  100% absolute NNN lease till 2026 to 2006 & 2007 Dennys Franchisee of the year with 52 units.  NOI $115K/yr with 10% rent bump every 5 yrs.  $1.608M. 7.15% cap. 
7. DaVita Dialysis Portfolio in Las Vegas, NV: portfolio of 2 DaVita Dialysis centers built in 2008 with combined 22,445 SF.  10 yrs NNN lease with 5+ yrs left.  NOI $651K/yr. $8.4M. 7.75% cap. Also available for sale Individually.

© Transmercial 2012.

1. Aldi in Rock Island, IL: 18,788 SF Aldi Supermarket on 1.63 acres lot Chicago metro.  20 yrs absolute NNN ground lease (only land is for sale, tenant owns the building) to Aldi, an international grocery retailer with over 5000 stores.  NOI $103K/yr. with 5% rent bump every 5 yrs.  $1.594M. 6.35% cap. 
2. Fresenius Dialysis Center in Owasso, OK: 6601 SF brand new dialysis center on 1.23 acres lot within the campus of Bailey Medical Centerin growing and high income Tulsa metro.    New 15 yrs NNN- lease to Fresenius guaranteed by Fresenius Medical Care Holdings, Inc.  NOI $127K/yr with generous 2.5% annual rent bump.  $1.76M. 7.25% cap. 
3. Fresenius Dialysis in Louisville, KY: 6500 SF dialysis center built in 2008 on a ¾ ac corner lot in an affluent area.  Across from Walmart and close to the Ford Motor Plant.  10 yrs absolute NNN lease till 2018.  NOI $90K/yr.  $1.268M. 7.15% cap. 
4. Super 8 Motel in Austell, GA: 106-unit well-maintained 3-story motel built in 1996 on 3.7 acres site by I-20 exit in Atlanta metro.  Former La Quinta Inn & suites.  47% avg occupancy.  Price reduced to $1.799M. 
5. Strip Center in Houston, TX: 9698 SF class-A retail center built in 2003 on ¾ ac high-traffic hard corner lot with high visibility in high income area.  100% NNN leased to national & regional tenants: Cricket Wireless, Darque Tan, Subway, Smoothie Factory, First Cash Advance.  NOI $251K/yr.  $2.8M. 8.91% cap. 
6. Office Park in Encinitas, CA: 37,450 SF multi-tenant office park built in 1982 on 4.1 acres lot in high income & growing (AHI $116K/yr in 3 miles) city North of San Diego.  Easy access to I-5.  100% leased.  NOI $595K/yr. $7.445M. 8% cap. 
7. Shopping Center in  Petaluma, CA: 30,135 SF 18-unit shopping center built in 1989 in an affluent city 10 minutes North of San Francisco.  Easy access to the main hwy 101.  Shadow anchored by 50,000 SF Lucky Supermarket, a regional chain.  90% leased with 2 small avail units. NOI $588K/yr. $8.2M. 7.17% cap.
8.  Chevy Chase Plaza in Lexington, KY: 47,500 SF 3-story class-A retail/office plaza with 179-space parking facility in one of the most desirable residential area in Lexington.  98% occupied.  NOI $605K/yr. $6.8M. 8.9% cap.

© Transmercial 2012.

1. Shopping Center in Forney, TX: 4350 SF strip mall built in 2007 on 1.1 ac lot across from Wal-mart and Walgreens in Dallas suburbs.  100% NNN leased to 2 national tenants: Starbucks, GameStop and Cash Store. NOI $146K/yr. $1.46M. 10% cap.
2.  Bank-owned Shopping Center in Raleigh, NC: 50,200 SF 3-building center on 17.68 acres lot near Dick' s Sporting Goods, Kohl' s, Target, Barnes & Noble, BJ' s Warehouse, Staples, Wal-mart Super Center, Ross, HH Gregg, Marshalls, and Petco.  Excellent demographics: high income (AHI $85K/yr) and fast growing (143% since 2000).  Entire 30,000 SF building is leased to Best Buy.  60% leased.  Pro forma NOI $868K/yr. $5.79M. 30% below as-is appraised value.  15% pro forma cap. 
3. Walgreens in Austin, TX: 14,490 SF Walgreens built in 2001 on 1.94 ac corner lot in high income area (AHI $91K/yr).  100% NNN lease with 10+ yrs left.  NOI $357K/yr. $5.288M. 6.75% cap. 
4. Starbucks in Sacramento, CA: 2658 SF Starbucks on .76 ac outparcel to 136,000 SF shopping center anchored by Save Mart supermarket and Rite Aid. 100% NNN- leased till 2020.  NOI $92K/yr. $1.25M. 7.4% cap.  
5. Rite Aid in Reading, MA: 13,611 SF drug store built in 1997 on 1.5 ac lot in affluent Boston suburbs (AHI $122K/yr in 1 mile).  100% NNN leased till 2028.  NOI $301K/yr with 10% rent bump every 10 yrs.  $3.469M. 8.7% cap.  
6. Tire Works Car Care Center in Las Vegas, NV: 7600 SF Car care center built in 2003 on .88 ac lot in fast growing and high income area.  Renovated in 2010.  20 yrs NNN corp lease.  NOI $108K/yr with 10% rent bump every 5 yrs.  $1.5M. 7.2% cap. 
7. Walgreens in Powder Springs, GA: 15,120 SF Walgreens at a hard corner in front of Home Depot in high income Atlanta suburbs.  20 yrs NNN- lease with 9+ yrs left.  NOI $317K/yr. $4.375M. 7.25% cap. 
8. Strip Center in Antioch, CA: 7008 SF retail center built in 1998 on .48 ac outparcel to Safeway & Rite Aid anchored shopping center.  Easy access to hwy 4 in Northern CA.  100% NNN leased to 2 national tenants: Chase Bank (over 80% space) and Jamba Juice.  NOI $290K/yr.  $4.5M. 6.5% cap.
9.  Retail Center in Antioch, CA: 8212 SF retail center on an outparcel to a anchored shopping center and across from County East Mall.  100% NNN leased to Bank of the West and Mountain Mike’s Pizza (chain with 150+ locations).  NOI $268K/yr. $3.575M. 7.5% cap. 
10. Shopping center in Windsor, CA: 14,212 SF shopping center built in 2002 on 1.41 ac outparcel to a shopping center anchored by Wal-mart, Home Depot and Office Depot next to Hwy 101 exit.  High income & stable town just North of San Francisco.  100% NNN leased to 6 tenants.  NOI $416K/yr. $4.45M. 7.75% cap.

(c) Transmercial 2012.