Friday, January 2, 2009

Top 6 properties in the US 12-24-08

  1. Office Building in Sarasota, FL: 24,055 SF 7-yrs old modern office building near I-75 in booming (493%) & prosperous (AHI $118K/yr) Tampa suburb. 100% NNN leased. NOI $331K/yr. $4.3M. 7.7% Cap.
  2. Hollywood Video Retail Building in Mesa, AZ: 6,065 SF retail building on 1.35 acres of land at hard corner location. 100% NNN leased. NOI $109K/yr. $1.5M. 7.3% Cap.
  3. Shopping Center in Houston, TX: brand new 24,000 SF attractive shopping center on 1.61 acres of land across Walgreens Pharmacy in a densely populated area. 100% Leased. NOI $368K/yr. $4.517M. 8% Cap.
  4. Strip Center in Ridgeland, MS: brand new 11,053 SF eye-catching strip center on .94 acre lot outparcel to Northpark Mall on a primary retail corridor near I-55. 90% NNN leased. NOI $273K/yr. $3.418M. 8% Cap.
  5. Retail Restaurant in Fairfield, CA: 10,500 SF retail restaurant on 1.6 acres of land near Westfield Solano Mall with excellent visibility to Hwy-80. $1.950M.
  6. Panera Bread in Indianapolis, IN: bran new 4856 SF Panera Bread Restaurant on 1.29 acres of parcel in fast growing (16%) wealthy (AHI $123/K/yr) city just off of Hwy-465. $2.195M. 7.7% Cap.

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