Top 7 Properties Among 338 05/12/09

1. Shopping Center in Houston, TX: 13, 880 SF recently renovated shopping center on over 1 acre lot in fast growing (51.62%) middle-class (AHI $73K/yr. within 1 mile radius) area. 100% NNN leased. NOI $150K/yr. $1.580M. 9.5% Cap.
2. Shopping Center in San Ysidro, CA: 30,625 stable shopping center on 1.83 acres of land shadow-anchored by Longs Drugs ¼ mile from I-805/I-5. 100% NNN leased. NOI $451K/yr. $5.785M. 7.79% Cap.
3. Strip Center in Moreno Valley, CA: 6240 SF eye-catching strip center built in 2008 on 0.9 acre lot shadow-anchored by Walgreens, Auto Zone, Goodyear and more across Home Depot. 100% NNN leased by Arby’s, The Water Store and Furniture Palace. NOI $167K/yr. $2.230M. 7.5% Cap.
4. Carl’s JR in Poway, CA: 3064 SF restaurant built in 1998 on .83 acre lot shadow-anchored by Target and Albertsons on wealthy (AHI $108K/yr. within 1 mile radius) San Diego suburbs. Long absolute NNN corp lease. NOI $120K/yr. $2M. 6.02% Cap.
5. Strip Center in Douglasville, GA: 11,200 SF well maintained strip center on 1.40 acres of parcel adjacent to Home Depot along busy retail corridor in fast growing Atlanta suburb. 100% NN leased. NOI $106K/yr. $1.250M. 8.50% Cap.
6. Burger King in Nashville, TN: 3250 SF retail building remodeled in 2005 on .82 acre lot near I-40/I-65. Long absolute NNN corp lease with increases. NOI $116K/yr. $1.667M. 7% Cap.
7. Office Building in San Jose, CA: 2269 SF office building conveniently located off of Hwy-880. $995K. Excellent for owner user!
   
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