Top Retail Properties 11-19-08

1. Goodyear Tire in Morgan Hill, CA: 7,946 SF tire and auto retail building on .54 acre lot constructed in 1984 located Monterey Hwy. 100% NNN leased. NOI $70K/yr. $1.012M. 7% Cap.
2. Beautiful shopping center in Fayetteville, GA: 10,414 SF strip center on 1.77 acre lot built in 2003 in a main thoroughfare just off Hwy-54. 73% Occupancy. NNN. NOI $124K/yr. $1.550M. 8% Cap.
   Upside potential when fully leased
3. Meadowview Plaza in Tampa, FL: one year old 9,600 SF beautiful strip center on over 1 acre lot fully leased with five strong tenants blocks from Westfield Shopping Town. 100% NNN leased. NOI $266K/yr. $3.547M. 7.5% Cap.
4. Strip Center in Sioux City, IA: 19,881 SF nice looking center built in 2004 on 1.78 acres out parcel to a Wal-Mart center with national/local tenant mix. 100% NNN leased. NOI $219K/yr. $2.441M. 9% Cap.
5. Arsenio’s Mexican Restaurant in Chico, CA: 1643 SF Mexican Food Restaurant recently renovated close to North Valley Plaza Mall. Long absolute NNN lease with 3% annual rent bump. NOI $95K/yr. $1.060M. 9% Cap.
   Stable tenant with 8 locations
   Standalone building with drive-thru
6. Day Care Center in Spring Hill, TN: 7839 SF Day Care Building on over 1 acre lot built in 2002 located in middle-class (AHI $67K/yr.) growing (1,470% within 1 mile radius) area. 100% NNN corp leased with 2% rent increases. NOI $94K/yr. $1.2M. 7.88% Cap.
7. Saxon Plaza Shopping Center in Deltona, FL: 16,710 SF attractive shopping center on 3.49 acres of land located just off of Hwy 4. 95% Occupancy. NNN. NOI $ 200K/yr. $2.675M. 7.5% Cap.
8. Office Building in Henderson, NV: 25,248 SF beautiful office building constructed in 2001 on 2.61 acres of parcel with tremendous upside potential. 100% Occupied. NNN leases. NOI $431K/yr. $5M. 8.63% Cap.
   
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