Best 10 Retail Properties Among 451+ 12-29-08

1. Staples in Vernon Hills, IL: brand new 19,150 SF Staples Retail Building on 1.83 acres of land close to Westfield Hawthorn in affluent Chicago suburb. 100% NNN leased. NOI $440K/yr. $5.5M. 8% Cap.
2. Shopping Center in Rockford, IL: brand new 9,000 SF shopping center on over one acre lot shadow anchored by Wal-Mart Supercenter. 100% NNN leased. NOI $255K/yr. $3.093M. 8.25% Cap.
3. Back Yard Burgers in Cordova, TN: 3,126 SF Back Yard Burgers Restaurant built in 1998 on .68 acre lot outparcel to Kroger. 20-years NNN lease with 1.5% annual increases. $1.048M. 7.7% Cap.
4. Strip Center in Greenwood, IN: 18,200 mature strip center on 2 acres of parcel across Greenwood Park Mall. 92% NNN leased by national/local tenants. NOI $259K/yr. $3.250M. 8% Cap.
5. Neighborhood Center in Fairview Heights, IL: brand new 47,398 SF shopping center on 5.98 acres of land directly across St. Clair Square Mall. 100% NNN leased. NOI $459K/yr. $5.740M. 8% Cap.
6. Jack in the Box in Houston, TX: bran new 2,286 SF Jack in the Box Restaurant at signalized intersection. 18-years NNN corp lease. NOI $89K/yr. $1.227M. 7.3% Cap. Buyer to assume $670.103 at 6% rate.
7. Medical Office in Monterey, CA: 4600 SF beautiful medical office on .22 acre lot built in 2007 off of Hwy-68. 20-years NNN lease. NOI $72K/yr. $1.040M. 7% Cap.
8. Shopping Center in Port Saint Lucie, FL: 15,000 SF recently constructed shopping center on busy thoroughfare. 85% Occupancy. NOI 347K/yr. $3.950M. 8.8% Cap.
   Upside potential when fully leased
9. Shopping Center in Concord, NC: 39,443 SF shopping center on 6.7 acres of land near Hwy-29 in fast growing Charlotte suburb. 90% Occupancy. $4M. 8.2% Cap.
10. Medical Office in Richton Park, IL: 11,083 SF well kept medical office close to I-57. 100% leased by eight tenants. NOI $119K/yr. $1.1M. 10.89% Cap.
    
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