Top 8 Properties Among 294 on 6/11/09

1. Retail building in Northfield, IL: 5018 SF retail building constructed in 1993 anchored by Starbucks Coffee across from Walgreens in prosperous (AHI $212K/yr within 1 mile radius) Chicago metro just off of I-94. 100% NNN leased by two tenants. NOI 173K/yr. $2.4M. 7.2% cap. Busy Starbucks with over 700 customers per day!
2. Strip Center in Johnson City, TN: 9490 SF inline retail center built in 2002 on 1.44 acres of land between Walgreens and Advance Auto Parts close to I-26. 100% NNN leased by national/local tenants. NOI $149K/yr. $1.895M. 7.9% Cap.
3. Denny’s in Commerce, CA: 4480 SF mature restaurant on .79 acre pad at the ramp of I-5. 12-yrs remaining NNN lease with 5% increases every 3-yrs. NOI $97K/yr. $1.690M. 5.75% Cap.
4. Ace Hardware in Atlanta, GA: 11,360 SF nice looking retail building on .70 acre lot in fast growing area close to I-20. Long NNN corp lease. NOI $180K/yr. $2M. 9% Cap.
5. Retail Pad in Temecula, CA: 6,750 SF attractive retail center built in 2000 on .96 acre pad surrounded by national tenants at signalized intersection. 100% leased by Sprint PCS, Baja Fresh & Cold Stone Creamery. NOI $230K/yr. $3.180M. 7.25% Cap.
6. Strip Center in Temecula, CA: 15,490 SF strip center built in 200 on 1.28 acres of land pad to 1.14 Million SF Promenade Mall near I-15 in a boom town (77% growth since 2000). 100% NNN leased. NOI $533K/yr. $7.360M. 7.25% Cap.
7. Office Building in Saint Louis, MO: 6496 SF well maintained office building built in 1996 near St. Anthony’s Medical Center. 100% NNN leased. NOI $81K/yr. $900K. 9% Cap. Excellent for 1st time investors.
8. Shopping Center in Winston-Salem, NC: 31.000 SF shopping center on 3.5 acres of land shadow anchored by Food Lion in growing area in close proximity to I-40. 100% leased. NOI $ 263K/yr. $3.050M. 8.63% Cap.
   
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