Top 10 Properties Among 350+ 07/17/09

1. Rite Aid in Galt, CA: brand new 17,272 SF pharmacy on 1.79 acres of land near the proposed Wal-Mart at main road. 20-years NNN leased with rent increases. NOI $435K/yr. $5.117M. 8.5% Cap.
2. Logan’s Roadhouse Restaurant in Fairview Heights, IL: 2-years old 8500 SF restaurant on 1.90 acres of parcel adjacent to St. Clair Square close to Hwy-65. Long NNN corp ground lease (you own the land and the tenant owns the building.) NOI $100K/yr. $1.290M. 7.75% Cap.
3. Walgreen’s Pharmacy in Platte City, MO: brand new 14,490 SF retail building on over 2 acres of parcel about 20 miles from Kansas City in close proximity to I-29. 100% absolute NNN corp leased by recession-resistant tenant. NOI $372K/yr. $4.940M. 7.55% Cap.
4. Senior Housing in Saratoga, CA: 3000 SF charming care home on .31 acre lot in an affluent city in Silicon Valley. NOI $191K/yr. $1.599M. 12% Cap.
5. Shopping Center in Palmdale, CA: 30,845 SF shopping center built in 2001 on 3.39 acres of land shadow-anchored by Target, Lowe’s and Best Buy with excellent tenant mix across Antelope Valley Mall. NNN leases. NOI $755K/yr. $10.425M. 7.25% Cap.
6. Retail Center in Temecula, CA: 10,000 SF attractive retail center constructed in 2000 on 1 acre lot across 1.14M SF Mall. 100% NNN leased by 2 credit tenants. NOI $403K/yr. $4.680M. 8.63% Cap.
7. Advance Auto Parts in Lubbock, TX: brand new 6124 SF retail building on .65 acre pad in fast growing area. 100% NNN corp lease. NOI $107K/yr. $1.340M. 8% Cap.
8. LA Fitness in Hemet, CA: 50,000 SF fitness center built in 2008 on 4.71 acres of land located at prime retail corridor. 100% NNN corp lease. NOI $750K/yr. $9.375M. 8% Cap.
9. Shopping Center in Duluth, GA: 6800 SF shopping center on .80 acre lot in fast growing (18.66%) & well-off (AHI $101K/yr within 3-mile radius) Atlanta metro. 100% NNN lease by 4-tenants. NOI $80K/yr. $950K. 8.5% Cap. Excellent for 1st time investor.
10. Goodyear Retail Building in Las Vegas, NV: one-year old 5874 SF well located retail building in explosive growing (22,489.66%) neighborhood. Long NNN leased by credit tenant. NOI $135K/yr. $1.8M. 7.5% Cap.
    
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