Top 9 Properties Among 350+ on 01-12-09

1. CVS Pharmacy in Henderson, NV: 13,013 SF pharmacy on 1.65 acres parcel in a fast growing and wealthy area (AHI $114K/yr within 1 mile radius) Las Vegas metro. Great location -- just off I-215 exit. 100% absolute NNN leased till 2030. NOI $451K/yr. $4.757M. 9.48% cap!
   · Buyer just needs $666K equity to assume $4.09M loan at low 5.3% fixed rate till 2030.
   · This zero cash flow property is ideal for investors who want to benefit from substantial losses somewhere else, e.g. stocks market.
2. Retail center in Chandler, AZ: 12,776 SF multi-tenant retail center in a growing Phoenix suburb. 100% NNN leased. NOI $315K/yr. $3.825M. 8.25% cap.
3. Walgreens in Las Vegas, NV: 15,102 SF pharmacy built in 1999. 100% NNN leased till 2019. NOI $405K/yr. $5.587M. 7.25% cap.
4. Valero Gas Station in Sun City, CA: Valero station with full service car wash, convenience store, Beer & Wine license, ATM, Lotto on .64 acre parcel corner lot just off I-215 exit in a growing area. $1.75M for both real estate and business.
5. Single tenant retail in Jonesboro, GA: 5000 SF 2 yr old free-standing retail building on .47 acre outparcel to a shopping center anchored by Publix Supermarket and Sports Authority in Atlanta metro. 100% NNN leased by Sherwin-William Paints (NYSE: SHW, S&P: A-). NOI $77K/yr. $1.032M. 7.5% cap.
6. Single tenant medical building in Plano, TX: 5150 SF brand new class-A medical building in an affluent (AHI $141K/yr) Dallas suburb. New 10 yrs NNN lease by a national credit tenant. NOI $112K/yr with annual rent bump of .50 cents/SF. $1.6M. 7% cap.
7. Retail Plaza in Aurora, CO: 28,105 SF retail plaza built in 2005 in Denver metro. 72% occupied. Appraised at $3.4M. Asking $2.3M or just over $80/SF! Strong upside potential.
8. Development Project in Albany, CA: a retail development project of 6000 SF on over 1 acres outparcel to a high-volume 165,000 SF Target store just off I-80/580 and near Golden Gate Fields. $1.85M.
9. 101 room Inn in Vallejo, CA: 101-room motel on 1.78 acres lot just off I-80 in a high–income area (AHI over $80K/yr). $4.7M. Just $46K/unit.
   
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