Top 10 Properties Among 304 on 06/10/09

1. Retail Building in Lodi, CA: 3000 SF Spanish styled retail building located in fast growing area just 16-miles North of Stockton. 100% leased by four tenants. NOI $59K/yr. $749K. 8% Cap. Excellent for 1st time investor!
2. Office Depot in El Paso, TX: 25,000 SF retail building on 1.60 acres of land next to Target across Sunland Park Mall off of I-10. 100% absolute NNN corp lease. NOI $330K/yr. $4.131M. 8% Cap.
3. Dollar General in Jacksonville, FL: brand new 9100 SF retail building on over 1 acre lot next to JCPenny anchored center. 15-yrs NN corp lease. NOI $107K/yr. $1.282M. 8.35% Cap.
4. CVS Pharmacy in Bakersfield, CA: brand new 13,225 SF CVS Pharmacy on over 2 acres of land across Food Max. 100% absolute NNN lease till 2035. NOI $190K/yr. $3.166M. 6% Cap.
5. Blockbuster Retail Building in San Jose, CA: 6033 SF attractive retail building shadow-anchored by Dollar Tree/24 Hour Fitness across from Target/Mi Pueblo Supermarket anchored center off of Fwy-680. 100% NNN leased. NOI $116K/yr. $2.1M. 5.53% Cap.
6. Guitar Center in Independence, MO: 15,418 SF nice looking retail building constructed in 1995 on 1.47 acres of parcel next to Wal-Mart across Independence Center Mall off of I-470. 100% NNN corp lease. NOI $227K/yr. $3.250M. 7% Cap.
7. Michael’s in Mountain View, CA: rare 21,579 SF retail building recently renovated on 1.41 acres across from Best Buy/Bath Bath and Beyond anchored shopping center just off the Fwy-101 in the heart of Silicon Valley. 100% NNN lease. NOI $513K/yr. $7.175M. 7.15% Cap. Buyer to assume $5.310M. at 6.5% interest rate.
8. Strip Center in Woodbury Heights, NJ: brand new 15,000 SF retail building in growing middle-class ($75K/yr) area. 100% NNN leased by two tenants: Goodwill and Mr. Tire. NOI $236K/yr. $3.150M. 7.5% Cap.
9. Inline Center in Palmetto, FL: 12,100 SF retail building recently constructed in growing Tampa Suburbs. 100% NNN leased by good tenant mix. NOI $188K/yr. $2.050M. 9.21% Cap.
10. Medical Building in Tampa, FL: 21,354 SF attractive medical building at busy blvd near University community Hospital. 100% NNN leased. NOI $362K/yr. $3.9M. 9.3% Cap.
    
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