Best Retail Properties On May 29, 2009

1. Retail Center in Greenwood, IN: 7280 SF 3-years old nice looking retail center in affluent (AHI $108K/yr within 1 mile radius) Indianapolis suburbs. 100% NNN leased. NOI $160K/yr. $1.775M. 9.10% Cap.
2. Office Building in Itasca, IL: 53,301 SF recently renovated office building on 6.4 acres of land in affluent (AHI $83K/yr within 1 mile radius) Chicago suburbs near Fwy-290. Long NNN lease. NOI $583K/yr. $5.5M. 10.60% Cap.
3. Medical Office in Jacksonville, FL: 11,114 SF attractive medical building conveniently located next to St. Vincent’s Hospital with great access to I-90/10. 100% leased by medical tenants. NOI $168K/yr. $2.1M. 8.02% cap.
4. Shopping Center in Moreno Valley, CA: 28,361 SF shopping center built in 2006 on 2.67 acres of land at active signalized intersection near Fwy-215. 66% NNN leased. NOI $405K/yr. $5.150M. 7.88% ACTUAL Cap. Upside potential when fully leased.
5. Strip Center in El Paso, TX: 13,000 SF retail center on .89 acre lot at main retail corridor. NNN long term leases. NOI $168K/yr. $1.871M. 9% Cap.
6. Office Building in Dallas, TX: 14,000 SF mature office building on over 1 acre lot close to Fwy-635. 100% NNN leased by stable tenant. NOI $140K/yr. $1.750M. 8% Cap.
7. Shopping Center in Rockford, IL: 40,296 SF attractive recently constructed shopping center on 3.40 acres outparcel to new Super Wal-Mart at intersection of US-20/I-39. All NNN leases. NOI $323K/yr. $4.040M. 8% Cap.
8. Family Dollar in Tampa, FL: 10,000 SF retail building constructed in 2003 on 1.32 acres of parcel in close proximity to I-275. 100% NNN lease by a recession-insensitive tenant. NOI $92K/yr. $1.120M. 8.25% Cap.
9. Family Dollar in Tampa, FL: 10,000 SF Family Dollar built in 2003 on 1.33 acres of land at signalized intersection with great visibility from Fwy-275. 100% NNN leased by recession-insensitive tenant. NOI $79K/yr. $962K. 8.25% Cap.
   
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