Best Retail Properties 01-15-09

1. Office Building in Yuba City, CA: 5352 SF 2-years old Class-A office building on .46 acre lot. 100% NNN leased by Venoco, Inc. NOI $89K/yr. $1.284M. 7% Cap.
2. Fresh & Easy Grocery Store in Chandler, AZ: 15,000 SF grocery store on over 2 acres of land renovated in 2007 on prime retail location. 100% absolute NNN leased by a subsidiary of Tesco, the world’s 4-th largest retailer. NOI $301K/yr. $4.165M. 7.25% Cap.
3. Retail Center in Lawrenceville, GA: 5800 SF attractive retail center on .66 acre lot built in 2007 shadow anchored by an expanding Aldi Grocery chain in fast growing area. 80% Occupancy. NOI $126K/yr. $1.407M. 9% Cap. Buyer to assume $1.020M at 6.6%.
4. Amscot Financial Retail Building in Leesburg, FL: 4961 SF retail building on .98 acre lot at signalized intersection with great visibility to Hwy-441. 100% NNN leased by a regional chain. NOI $126K/yr. $1.350M. 9.35% Cap.
5. Shopping Center in Arlington, TX: 24,950 SF shopping center on 2.78 acres of parcel with several long term tenants in fast growing area. 80% Occupancy. NOI $136K/yr. $1.7M. 8% Cap.
6. Medical Office in Phoenix, AZ: 55,874 SF medical office on 5.5 acres of land adjacent to Vanguard Paradise Valley Hospital. 94% Occupancy. NOI $725K/yr. $9.850M. 7.37% Cap.
7. Strip Center in Mansfield, TX: 16,190 SF beautiful strip center on over 2 acres of parcel built in 2007 in Dallas/Ft. Worth metro area. 100% NNN leased. NOI $303K/yr. $4.250M. 7.15% Cap.
   
   © efunding Inc. 2009. All right reserved.