Top Properties Among 500+ 05/26/09

1. Shopping Center in Santa Ana, CA: 11,360 SF well located shopping center on 1.47 acres parcel at a signalized active intersection near Fwy-55/405. 100% NNN leased. NOI $342K/yr. $4.890M. 7% Cap.
2. Golden Corral Restaurant in Chattanooga, TN: 9350 SF restaurant built in 2002 on 1.79 acres of land shadow-anchored by Target, Goody’s and Kohl’s. Close to I-75. New 15-years absolute NNN lease with 10% increases every 5-years. NOI $205K/yr. $2.572M. 8% Cap.
3. La Petite Academy in Chandler, AZ: 10,000 SF newly constructed retail building situated in a highly desirable commercial corridor near Fwy-202 in explosive Phoenix suburbs. 15-years NNN leased by national tenant. NOI $259K/yr. $3.448M. 7.54% Cap.
4. Jiffy Lube in Omaha, NE: 3113 SF retail building at intersection near I-80 in growing area. New 20-years absolute NNN lease with 10% increases every 5-years. NOI $74K/yr. $926K. 8% Cap.
5. Del Taco Restaurant in Las Vegas, NV: 2820 SF retail building constructed in 2001 on .95 acre lot shadow-anchored by a 24-hr Wal-Mart Supercenter at highly visible location. New 20-years absolute NNN corp lease. NOI $150K/yr. $2.225M. 6.75% Cap.
   
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