Thursday, April 23, 2009

Top 4 Properties of 04-15-09

  1. Childtime Learning Center in Virginia Beach, VA: 6399 SF day care center on .88 acre lot surrounded by residential growth close to I-64. 100% NNN leased by strong corporation. NOI $91K/yr. $1.113M. 8.25% Cap.
  2. Medical Office in Fort Wayne, IN: 8173 SF medical office built in 2006 on 1.41 acres of land across Dupont Hospital in prosperous (AHI $111K/yr) neighborhood. NOI $145K/yr. $1.7M. 8.53% Cap.
  3. Medical Office in Henderson, NC: 7548 SF brand new medical office located along I-85. 100% NNN leased by recession resistant tenant. NOI $140K/yr. $1.555M. 9% Cap.
  4. Office Building in Capitola, CA: 7864 SF well maintained office building on .55 acre lot built in 1985 in close proximity to Hwy-1 in a wealthy coastal town in Northern CA. $1.850M. GREAT FOR OWNER USER!!

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