Best Retail Properties Among 246 05/22/09

1. Buffalo Wild Wings in Keller, TX: 5000 SF eye catching restaurant on 1.34 acres outparcel to Home Depot along Hwy-377 in a growing & wealthy Fort Worth suburbs. 10 years remaining on original NNN lease plus 1% annual rent increases by a public company (NASDAG: BWLD) with 2008 revenue of over $422M and networth of over $170M. NOI $186K/yr. $2.126M. 8.75% Cap. Buyer to assume $1.171M. at 6.8% interest rate.
2. Shopping Center in Mesa, AZ: 28,363 SF attractive shopping center with large monument sign at signalized intersection. 100% NNN leased with good tenant mix. NOI $365K/yr. $4.570M. 8% Cap.
3. Walgreen’s Pharmacy in Simpsonville, SC: 14,478 SF pharmacy on 1.94 acres of land near Hillcrest Hospital off of I-385 in a growing (19.98%) middle-class (AHI $70K/yr.) area. Long NNN lease with stable tenant. NOI $340K/yr. $4.569M. 7.44% Cap. Buyer to assume $3.493M at low 5.55% interest rate.
4. Medical Office in Indianapolis, IN: 19,300 SF well located medical office built in 2004 along I-31. 90% leased. NOI $246K/yr. $3.075M. 8% Cap.
   
   
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