Tuesday, December 30, 2008

Top 9 properties among 300+ 12-22-08

Dear investors,
In the last few months, several 1031 exchange companies filed for bankruptcy protection. I hope you find the article in this newsletter informative.

Jan 2009 Newsletter: What Investors in 2009 Should Know about 1031 Exchange Intermediaries before It’s Too Late.
The newsletter is posted on my blog,
http://efundingcom.com/blog/blog.html. Alternatively, you can download a pdf file from our web http://www.efundingcom.com/newsletter.htm

  1. CVS Pharmacy in Laplace, LA: 11,995 SF CVS Pharmacy on a major retail corridor surrounded by many national retailers. 100% long NNN corp lease. NOI $312K/yr. $3.725M. 8.4% Cap.
  2. Strip Center in Flowery Branch, GA: 6375 SF nice strip center built in 2004 in fast growing city in Atlanta area near Hwy-985. 100% leased by 4 long term tenants. NOI $103K/yr. $1.150M. 9% Cap.
  3. Two Tenant Retail Building in Chandler, AZ: 2717 SF two tenant strip center on .61 acre lot renovated in 2001 located in dense retail corridor in growing Arizona’s suburb. 100% Occupancy. NNN corp leases with 2% annual rent increases. NOI $62K/yr. $950K. 6.53% Cap. Tenants Include: Domino’s Pizza, Fast Auto & Payday Loans
  4. National Tire & Battery in Decatur, GA: 11,755 SF NTB retail building on 1.64 acres of land on a pad site for Home Depot off of I-20. 100% NNN corp lease. Chain with over 1000 locations in the US. NOI $97K/yr. $1.220M. 8% Cap.
  5. Office Building in San Jose, CA: 4256 SF office building on .33 acre lot conveniently located on N. 1st St. close to Hwy-87/880 and 101. $1.250M. Ready to move in.
  6. Office Building in Mesquite, TX: 52,496 SF attractive office building on over 3 acres of parcel near Big Town Mall on Hyw-80. 83% Occupancy. $2.6M. Only $49.53 per SF.
  7. Strip Center in Greensboro, NC: 15,000 SF shopping Center anchored by Lowes Home Improvement Center across Wal-Mart Center on R-29. 93% NNN leased. NOI$120K/yr. $1.5M. 8% Cap.
  8. Retail Building in Los Altos, CA: 7000 SF restored classically elegant retail building on .33 acre lot located in prosperous (AHI $221K/yr) downtown Los Altos. $2.8M.
  9. Office Building in Fresno, CA: 22,385 SF Historic Landmark office building across Grizzlies Stadium near Fwy-99. $800K. Only $35.74 per SF.


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