Best 10 Retail Properties of 01-22-09

1. Westfield Plaza in Katy, TX: 15,000 SF nice-looking shopping center on 1.98 acres of land built in 2005 with huge monument sign in fast growing (86.28%) middle-class (AHI $63K/yr) Houston outskirts. 100% Leased. NOI $212K/yr. $2.755M. 7.75% Cap.
2. Office Building in Yuba City, CA: 5,882 SF two-tenant well maintained office building on corner of Hwy-99. 100% NNN leased. NOI $69K/yr. $997K. 7% Cap.
3. Pep Boys Auto Center in Tucson, AZ: 22,815 SF single tenant building on 2.37 acres of land. New 15-years absolute NNN corp leased. NOI $254K/yr. $3.628M. 7% Cap.
4. Per Boys Retail Center in Las Vegas, NV: 20,886 SF auto center on over 2 acres of parcel if fast growing area. New 15-years absolute NNN corp lease with 1.5% increases. NOI $300K/yr. $4.199M. 7.15% Cap.
5. La Petite Academy in Chandler, AZ: brand new 10,000 SF national day care center in booming (1,251.55%) area at hard corner near Fwy-202. Long NNN lease. NOI $259K/yr. $3.448M. 7.54% Cap.
6. Retail Building in Kennesaw, GA: 11,700 SF national tire & battery retail building just off of I-75. 100% NNN corp leased. NOI $139K/yr. $1.886M. 7.4% Cap.
7. Retail Building in San Jose, CA: 1566 SF restaurant on .3 acre lot located at Capital Expressway and Center Road. $1.125M.
8. Neighborhood Center in Knoxville, TN: 127,239 SF shopping center anchored by Toy’s R us near West Town Mall. 92% leased by national tenants. NOI $1,170M. $13M. 9% Cap.
9. Office Building in San Antonio, TX: 11,932 SF attractive Multi-tenant office building on .84 acre lot next to San Antonio International Airport. NOI $103K/yr. $1.250M. 8.29% Cap.
10. Medical Office in San Antonio, TX: 13,125 SF medical office just off of I-35. 100%. Long NNN lease with national medical tenant. NOI $226K/yr. $2.665M. 8.5% Cap.

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