Tuesday, June 9, 2009

Best Properties Among 312 on 06-02-09

  1. Advance Auto Parts in Thornton, CO: 1-year old 7,000 SF retail building on 1.20 acres of land across from Walgreens at signalized intersection in growing middle-class Denver suburbs. Long NNN leased by credit tenant. NOI $140K/yr. $1.895M. 7.40% Cap.
  2. Retail Building in San Jose, CA: 15,000 SF attractive retail building on 1.15 acres of parcel along Fwy-101. 100% NNN leased. $299K/yr. $3.9M. 7.68% Cap.
  3. Whataburger Restaurant in Duncanville, TX: 3080 SF retail restaurant on .64 acre lot conveniently located at Fwy-67 in growing Dallas suburbs. 15-years absolute NNN corp lease with annual rent increases. NOI $131K/yr. $1.755M. 7.51% Cap.
  4. Office Building in Cedar Park, TX: 10,026 SF upscale two-story office building on over 1 acre lot in booming (53.83%) well-off (AHI $95K/yr) Austin outskirts. 100% NNN leased. NOI $190K/yr. $1.9M. 10% Cap.

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