Top 7 Properties of 05-01-09

1. Shopping center in Katy, TX: 24,285 SF shopping center built in 2004 on 1.39 acres of parcel in an upscale neighborhood in Houston suburbs. 94% leased. NOI $370K/yr. $4.495M. 8.23% Cap.
   Great tenant mix: Papa John’s Pizza, Plaster Funhouse, Insurance, Curves, Hair Salon, Dentist, Casual Patio and Katy Tile.
2. Strip center in Romeoville, IL: 11,167 SF attractive strip center built in 2004 on 1.44 acres of land at a busy intersection in Chicago suburb. 100% NNN leased. NOI $157K/yr. $1.9M. 8.29% Cap.
3. Retail center in Flower Mound, TX: 14,242 SF good-looking retail building built in 2001 on over 2 acres of land with excellent national/regional tenant mix in affluent D/FW suburb. 100% NNN leased. NOI $345K/yr. $4.2M. 8.23% Cap.
4. Strip center in Chicago, IL: 7,671 SF 2-years old strip center on .46 acre lot at signalized intersection. 100% NNN lease by four tenants. NOI $152K/yr. $1.750. 8.07% Cap.
5. Shopping center in Oakland Park, FL: 9,416 SF mature retail center along busy boulevard near I-95. 100% NNN leased by stable tenants. NOI $133K/yr. $1.665M. 8.03% Cap.
6. Shopping center in Humble, TX: 24,939 SF eye-catching shopping center built in 2004 on 2.12 acres of land in Houston suburb. Shadow-anchored by a Wal-Mart supercenter. 92% leased. NOI $507K/yr. $6.3M. 8.06% Cap.
7. Alpine Inn & Spa in South Lake Tahoe, CA: 39-room motel on .48 acre lot across from Harrah’s Casino. NOI $170K/yr. $1.850M. 9.20% Cap.
   
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