Best picks of 09-18-08

1. Burger King in Bloomington, CA: 3540 SF attractive Burger King Restaurant on .91 acre lot with indoor play area located just off I-10. Long NNN lease with personal guarantee by high net worth franchisor. NOI $117K/yr. $1.965M. 6% Cap.
2. Econolodge Hotel in Escondido, CA: 44 room Econolodge hotel on over 1 acre lot built in 1976 with many renovations near I-15 close to Wild Animal Park. NOI $329K/yr. $4.150M. 8% Cap.
3. AutoZone retail building in San Bernardino, CA: 5400 SF AutoZone retail building built in 1999 on .67 acre lot with monument sign adjacent to Hwy-259. 100% NNN leased by Chief Auto Parts Inc. NOI $112K/yr. $1.729M. 6.5% Cap.
4. Christian Brother Automotive in Houston, TX: 4921 SF CB Automotive retail building situated in growing (14.12%) rich (AHI $120K/yr) community. New 15 years NNN lease with corp guarantee. NOI $127K/yr. $1.641M. 7.75% Cap.
5. Strip Center in Elk Grove, CA: 7,200 SF strip center on 1 acre lot built in 1998 across Civic Center. 100% Occupancy. NNN. NOI $148K/yr. $2.475M. 6% Cap.
   Located across Civic Center
   Growing (21.84% since 2000) and well-off (AHI $84K/yr) Sacramento suburb
   Close to Hwy-99
6. Shopping Center in Folsom, CA: 45,453 SF beautiful shopping center on 6.86 acres of land recently remodeled. 85% Occupancy. NOI $1,064M/yr. $15.9M. 6.7% Cap. Buyer to assume $4.950M at 5.87%
   - Anchored by Trader Joe’s, Mervin’s, Target and Lowes
   - Just minutes from Hwy-50
   - Upside potential
   
   © 2008 eFunding, Inc. All rights reserved.