Commercial Properties 10-15-08

1. Rite Aid Pharmacy in Carrolton, GA: 11,296 SF Rite Aid Pharmacy between I-16 and I-27 Carrolton is a growing town just West of Atlanta. New absolute NNN lease with rent increases. NOI $232K/yr. $3.139M. 7.4% Cap.
   -Excellent sales history
   -Rite Aid (NYSE: RAD)
2. The Learning Experience in Crest Hill, IL: brand new 11,000 SF Day Care Center on 1.6 acres of lot in growing (173% growth within 1-mile radius) Chicago Illinois. 15 years NNN lease. NOI $266K/yr. $3.441M. 7.75% Cap.
   -Close to Westfield Lois Joliet Mall
   -Good access to I-55
   -Surrounded by commercial developments
3. Cary Oaks Retail Plaza in Cary, IL: 8,500 SF retail center constructed in 1994 on .86 acre lot anchored by 7-Eleven. 75% Occupancy. NNN. NOI $142K/yr. $2.050M. 7% Cap.
   -Long time well established tenants
   -Upside potential
   -Well-off (AHI $93K/yr within 1 mile radius) neighborhood
4. Rosa Plaza Retail Strip in West Dundee, IL: 9,880 SF nice looking strip center on 1.68 acres of parcel built in 2004 just blocks from Spring Hill Mall near I-72. 100% Occupancy. NOI $218K/yr. $2.8M. 7.82% Cap.
5. Office Building in Grand Rapids, MI: 15,125 SF 2-story office building on 1.93 acres of lot constructed in 1997 just off of Hwy-96. 100% Occupancy. NOI $222K/yr. $2.8M. 7.95% Cap.
6. El Chico Restaurant in Mobile, AL: 6,134 SF El Chico Restaurant on .97 acre lot just off Hwy-65 across Springdale Mall and Colonial Mall. Long absolute NNN lease with 1.5% annual rent increases. NOI $119K/yr. $1.491M. 8% Cap.
   -Corp guarantee from experienced tenant currently operating over 75 locations

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