Best picks of 09-23-08

1. Airport Meadow Crossings in Holland, OH: One year old 10,223 SF shopping center on over 2 acres of land across from I-475 with three national tenants in growing area. NOI $345K/yr. $4.324M. 8% Cap.
   - Anchored by Wal-Mart/TJ Maxx
   - New 10 year NNN leases
   - Stable brand name tenant: Chipotle, Panera Bread and Aspen Dental
2. Taco Cabana San Antonio, TX: 2720 SF Taco Cabana Restaurant on 1.13 acres of lot built in 1991 in hard corner with great visibility. 100% NNN leased. NOI $115K/yr. $1.533M. 7.5% Cap.
   - Corp guaranty
   - High sales volumes
3. Quincy Retail Center in Quincy, IL: 13,640 SF well positioned retail center constructed in 1999. 100% Occupied. NNN. NOI $144K/yr. $ 1.865M. 7.75% Cap.
   - 1.3 miles from the Quincy Mall
   - Great potential: current rent below market rent
   - Great tenant exposure: all tenant facing to State Hwy-104
4. Little Garden’s Professional Commons Office in Lawrenceville, GA: 7705 SF attractive medical office building in growing Atlanta suburb. 100% Occupancy. NOI $142K/yr. $1.750M. 8.12% Cap.
   - Established Pediatric Clinic with over 30 years in practice
   - Guaranteed lease
   - 3% annual rent increases
   - Great Atlanta metro
5. Retail Center in Las Vegas, NV: 10,750 SF retail center on 1.11 acres of land built in 2007 with stable tenants near I-15. 100% NNN leased with annual rent increases. NOI $329K/yr. $4.390M. 7.5% Cap.
6. Sunrise Plaza in Brownsville, TX: 36,139 SF shopping center on 2.89 acres of parcel constructed in 2002 in close proximity to to Hwy-77 adjacent to Sunrise Mall which was recently renovated. Price not disclosed. 93% Occupancy. NOI $568K/yr. 8% proforma Cap.
   - Good tenant variety: Anna’s Linen’s, Leslie’s Pool, Petland, Sally Beauty and Check ‘n Go.
   
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