Best Retail Properties 10-07-08

1. Albertson’s Grocery Store in Mesa, AZ: 51,562 SF building on 4.85 acres of land situated at signalized intersection with great visibility across Bib Lots. New 20 years absolute NNN lease with escalations. NOI $556K/yr. $7.424M. 7.5% Cap.
   One of top performing stores
   Growing/middle-class (AHI $69K/yr) neighborhood
2. Albertson’s Retail Building in Fort Worth, TX: 64,843 SF building on 6.33 acres located at busy intersection surrounded by many national retailers in well-off ($93K/yr within 1 mile radius) area. New 20 years absolute NNN lease. NOI $489K/yr. $6.527M. 7.5% Cap.
3. O’Reilly Auto Parts in Stockbridge, GA: 7225 SF retail building on .89 acre lot minutes from I-285 in fast growing Atlanta suburb. New 20 years corp absolute NNN lease. NOI $119K/yr. $1.675M. 7.15% Cap.
   Tenant operates over 1830 locations in 26 states
   Recent property appraised at $1.8M
4. Wienerschnitzel Restaurant in Hayward, CA: 1442 SF Wienerschnitzel fast food restaurant built in 2001 conveniently located at signalized intersection between Hwy 880 and 238. Long NNN lease. NOI $72K/yr. $1.350M. 5.5% Cap.
5. Office Building in Richardson, TX: 13,594 SF two story office building constructed in 1995 conveniently located off of I-75. 100% NNN leased. NOI $196K/yr. $2.450M. 8.04% Cap.
6. Buckner Commons Retail Center in Dallas, TX: 10,429 SF retail shopping center constructed in 2005 anchored by Wal-Mart and Sams Club. 100% NNN leased. NOI $212K/yr. $2.8M. 7.57% Cap.
   Strong regional/nations tenants: Monarch Dental, Check Into Cash, Foot Locker, Pizza Hut and Metro PC.
   Great visibility to I-30
7. Marine Adult Therapeutic Center in Inglewood, CA: 13,500 SF Adult Therapeutic Center on .82 acre lot close to Centinela Hospital near I-105. 100% NNN lease to stable tenant (in business for 18 years). NOI $177K/yr. $2.350M. 7.56% Cap.
   
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