Top 10 Properties Feb 19 2009

Why settle for 2% interest rate in a 1-year CD when you could invest in these properties with much higher returns?

1. Tuffy CarX in Austin Suburb: brand new 5461 SF automotive repair shop in a booming (112.28%) Austin suburb. 100% absolute NNN corp lease. NOI $137K/yr. $1.723M. 8% Cap.
2. Resort & Lodge in Big Bear Lake, CA: Why work for someone else? own your own business! 64-room attractive resort & lodge next to lake with indoor pool/sauna. NOI $250K/yr. $3.050M. Note: price includes both real estate and business.
3. Shopping Center in McDonough, GA: 42,000 SF shopping center on 5 acres of land recently constructed next to Kroger’s Supermarket with a good tenant mix. 75% leased. NOI $440M. $5.5M. 8% Cap.
   Upside potential when fully leased.
4. Wendy’s Restaurant in Denver, CO: 3,030 SF restaurant on .83 acre lot at a high traffic signalized intersection just off of I-70. 100% NNN lease with corp guaranty. NOI $64K/yr. $800K. 8.05% Cap. Recession insensitive tenant! Great for 1st time investors.
5. Humperdinck’s Restaurant in Richardson, TX: 8,100 SF restaurant on 1.21 acres of land in Dallas metro near I-635/Hwy-190. 100% NNN leased. NOI $125K/yr. $1.4M. 8.93% Cap.
6. Dollar General in Houston, TX: 9,014 SF retail building on 1.21 acres of parcel off of Hwy-610. 100% NNN leased. NOI $82K/yr. $969K. 8.5% Cap. Recession insensitive tenant!
7. Rite Aid Pharmacy in San Jacinto, CA: 17,272 SF pharmacy with drive-thru on 1.8 acres of land at major signalized intersection. New 20-years NNN lease with rent increases. NOI $409K/yr. $5.290M. 7.75% Cap.
8. Shopping Center in Wheeling, IL: 27,058 SF mature shopping center shadow anchored by 7-Eleven at signalized intersection. 92% leased. NOI $293K/yr. $3.9M. 7.5% Cap.
9. Applebee’s Restaurant in Methuen, MA: 5,300 SF restaurant in middle-class (AHI $76K/yr) neighborhood close to I-213/Hwy-495. 100% NNN corp lease. NOI $135K/yr. $1.8M. 7.5% Cap.
10. CVS in Anderson, IN:10,125 SF CVS Pharmacy on 1.86 acres of land built in 1999 at signalized intersection. Long NNN copr lease. NOI $188K/yr. $2.282M. 8.25% Cap.
    Strong revenue of $920/SF means tenant is highly profitable.
    Low 2% rent to revenue ratio means tenant is likely to renew lease
    
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