Top 10 Properties Among 380 on 7/15/09

1. Shopping Center in Nashville, TN: 88,500 SF stable shopping center on 8.90 acres of land anchored by Big Lots & Thriftsmart along main thoroughfare. 100% leased at very low rent. NOI $326K/yr. $3.6M. 9% Cap. Just over $40/SF!
2. Tuffy Auto in Rock Hill, SC: 5120 SF retail building constructed in 2008 at hard corner location in fast growing Charlotte suburbs. New 20-years NNN corp lease. NOI $129K/yr. $1.563M. 8.25% Cap.
3. Christian Brothers Automotive in Carrolton, TX: brand new 4790 SF retail building with excellent exposure along dominant traffic corridor. 15-years absolute NNN lease with 1.5% annual rent increases. NOI $155K/yr. $1.937M. 8% Cap.
4. Retail Building in Portland, OR: 7110 SF consisting of two retail building constructed in 1990/1992 with good visibility. NOI $53K/yr. $895K. 8.15% Cap.
5. Strip Center in Yorba Linda, CA: 7345 SF attractive strip center recently renovated at signalized intersection in a high income city in Orange county. 100% NNN leased by 4 tenants. NOI $211K/yr. $2.990M. 7.06% Cap.
6. Walgreens Pharmacy in Orange Park, FL: 13,095 SF Walgreen’s Pharmacy built in 1996 on 2.24 acres of parcel at hard corner location. Long NNN lease till 2016. NOI $245K/yr. $2.920M. 8.4% Cap.
7. Ryan’s Restaurant in North Myrtle Beach, SC: 10,162 SF buffet restaurant on 2.75 acres of land along U.S Hwy-17 in well off (AHI $91K/yr within 1 mile radius) coastal town. Long NNN corp lease. NOI $205K/yr. $2.050M. 10% Cap.
8. Acute Care Hospital in Modesto, CA: 100-bed hospital in fast growing area close to I-99. Long NNN lease. $2.3M. 9% Cap.
9. Shopping Center in Panorama City, CA: 29,607 SF shopping center shadow anchored by Rite Aid across Panorama Mall. 86% leased. NOI $467K/yr. $6.4M. 7.30% Cap on actual income. Upside potential when fully leased.
10. Rite Aid Pharmacy in Marietta, GA: 12,738 SF pharmacy built in 1995 ideally located at hard corner of Marietta Hwy/Manning Rd in booming Atlanta suburbs. 100% NNN leased. NOI $183K/yr. $1.606M. 10.75% Cap.
    
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