Top 6 Retail Properties 03-16-09

1. Shopping Plaza in Sacramento, CA: 41,247 SF shopping plaza built in 2003 on 4.95 acres corner on the busy Stockton Blvd near Florin Mall. 89% NNN leased by 25 seasoned tenants. Actual NOI of $685K/yr. $8.6M. 7.97% cap on current income.
2. Shopping Center in Los Angeles, CA: 10,498 SF strip mall built in 2007 on the main Western Avenue with over 950K residents within 5 miles radius. 100% NNN leased. NOI $277K/yr. $3.95M. 7.03% cap.
3. Pizza Hut in Buena Park, CA: 1260 SF restaurant on the main North-South artery in a city in orange county with over 600K residents within 5 miles. New 15 yrs absolute NNN lease by the largest Pizza Hut franchisee in California with 123 locations. NOI $100K/yr with annual 1.5% rent bump. $1.449M. 6.9% cap.
4. Shopping center in Tucson, AZ: 99,033 SF shopping center on 8 acres of land. Anchored by Autozone, Grocery store, Family Dollar and Big 5 Sporting Goods. 96% NNN leased with below market rent. NOI $860K/yr. $9.55M. 9% cap.
5. Auto Repair Center in Carrollton, TX: 31,400 SF multi-tenant auto repair center on 4.5 acres lot in a high-income Dallas suburb. 86% leased with 1 vacant unit. NOI $250K/yr. $2.7M. 9.28% cap.
6. Strip Center in Douglasville, GA: 11,200 SF strip center on 1.4 acres lot in front of Home Depot in a fast growing city in Atlanta suburb. 100% NNN leased to 4 tenants. NOI $106K/yr. $1.25M. 8.5% cap.
   
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