Top 10 Properties Among 345 on 7/09/09

1. Shopping Center in Tallahassee, FL: 97,172 SF shopping center built in 1994 on 9.20 acres of land. Anchored by Office Depot, Cato Fashions, Beall’s Outlet and shadow-anchored by Super Wal-Mart along Hwy-90. 80% leased. NOI $508K/yr. $5.460M. 9.25% Cap.
2. Strip Center in Rocklin, CA: 12,726 SF 8-unit newly constructed strip center surrounded by new commercial/residential development in high income (AHI $83K/yr) Sacramento suburbs. Proforma NOI in 2011 of $236K/yr. $2.3M. Proforma cap of 10.23% in 2011. Only $180 per SF.
3. Retail Center in Sacramento, CA: 7,000 SF stable retail center with excellent visibility along busy thoroughfare near Florin Mall. Leased by 5 stable tenants. $2.5M.
4. Medical Office in Springfield, OR: 8018 SF medical office on .60 acre lot next to McKenzie-Willamette Medical Center. 100$ NNN leased. NOI $108K/yr. $1.395M. 7.5% Cap.
5. Cho Saigon Shopping Center in Houston, TX: 16,864 SF attractive shopping center built in 2001 on 1.56 acres of land near Hwy-6. 100% NNN leased. NOI $204K/yr. $2.4M. 8.50% Cap.
6. Kindercare Childcare Center in Westminster, CO: 6016 SF retail building on .70 acre lot in growing/wealthy North of Denver outskirts. 100% NNN corp lease. NOI $75K/yr. $937K. 8.02% Cap.
   Tenant has been successful at this location for 24 years
7. Strip Center in Midlothian, VA: 4935 SF high quality constructed strip center built in 2007 on .94 acre lot located on one of Richmond’s most successful retail corridors. 100% NNN leased by established long term tenants. NOI $164K/yr. $1.990M. 8.25% Cap.
8. Shopping Center in Midlothian, VA: 20,999 SF recently constructed shopping center on 1.65 acres of land at hard corner location in fast growing (59.86%) affluent (AHI $115K/yr within 3-milers radius) Richmond suburbs. 93% NNN leased. NOI $435K/yr. $5.276M. 8.25% Cap.
9. Inline Center in Sauk Village, IL: 9400 SF six-units retail center near I-394 in growing Chicago suburbs. 100% leased. NOI $102K/yr. $1.150M. 8.90% Cap.
10. Medical Building in Richmond, VA: 4-years old 6,580 SF medical building on 3.48 acres of parcel in close proximity to Henrico Doctors Hospital along I-73. 100% leased. $1.3M. 8% Cap.
    
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