Top 10 Proeprties Among 300+ on 07-10-09

1. Advance Auto Parts in Lubbock, TX: 6124 SF brand new Auto parts store on 2/3 acre lot. 15 yrs NNN corp lease. NOI $114K/yr. $1.34M. 8% cap. Recession-resistant tenant.
2. 7-11 in Sacramento, CA: 4800 SF retail building on a corner lot. 100% NNN leased by 7-11 Corp. NOI $81K/yr. $1.125M. 7.25% cap.
3. CVS Pharmacy in Atlanta, GA: 10,640 SF drug store on 1.14 acres parcel near I-20. Store with strong sales of over $1000/SF in 2008. 100% NNN leased till 2014. NOI $209K/yr. $2.796M. 7.5% cap.
4. Walgreens in Clovis, CA: 14,490 SF pharmacy built in 2001 next to Save Mart supermarket near Hwy 168 in a high income area in Fresno metro. 100% NNN leased till 2061. NOI $310K/yr. $4.134M. 7.5% cap. Investment grade tenant!
5. Office Building in Colleyville, TX: 27,100 SF 9-yr old office building on 2 acres lot in a fast growing and affluent Dallas suburb with AHI over $168K/yr! 100% leased with below market rent as much as 30%. NOI $254K/yr. $2.9M. 8.76% cap. Only $107/SF. Upside potential!
6. Apartment in Santa Clara, CA: 15-unit apartment in a high income Silicon Valley with AHI over $100K/yr. NOI $142K/yr. $2.325M.
7. Country Inn & Suites in Tempe, AZ: 139-unit hotel on 2.38 acres parcel with easy access to I-10 in Phoenix metro. NOI $640K/yr. $6.4M. 10% cap.
8. Retail Center in Stockton, CA: 17,163 SF retail center on 1.73 acres parcel with excellent visibility. 100% NNN leased. NOI $281K/yr. $4.2M. 6.7% cap. Buyer to assume $2M loan at low 5.93% interest.
9. Self Storage Facility in Rialto, CA: 770 unit mini-storage built in 2007 on 4.75 acres of land in a fast growing (39%) and high income (AHI $79K/yr) San Bernardino county. Facility with cameras, sprinklers and little competition. $6.995M.
10. Medical Building in Kissimmee, FL: 4972 SF 4-yrs old medical building just a block away from Osceola Regional medical center in a fast growing Orlando metro. 100% leased. NOI $95K/yr. $1.065M. 9% cap.
    
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