Top 10 Properties Among 416 on 06/24/09

1. Office Park in Sacramento, CA: 122,253 SF office park consisting of 7 2-story buildings on 7.67 acres of land just off I-80. 75% leased. NOI $810K/yr. $9.8M. 8.27% Cap. Upside potential when fully leased.
2. Strip Center in Elk Grove, CA: 7200 SF attractive strip center on 1 acre lot across from future Civic Center in booming Sacramento suburbs. NNN leased. NOI $127K/yr. $1.696M. 7.5% Cap.
3. Applebee’s Restaurant in Chanhassen, MN: 5463 SF restaurant built in 1999 on 1.23 acres of parcel next to Walgreens in affluent (AHI $121K/yr) Minneapolis outskirts. Long NNN leased. NOI $178K/yr. $2.1M. 8.5% Cap.
4. Sweet Tomatoes in Houston, TX: 8080 SF retail building constructed in 2000 on 1.69 acres of parcel across Willowbrook Mall along dominant corridor. NOI $274K/yr. $3.225M. 8.50% Cap.
5. Retail Center in Spokane, WA: 4239 SF attractive newly constructed retail building on .52 acre lot just 5 minutes from Downtown in affluent (AHI $97K/yr. within 1 mile radius) off of Hwy-195. 100% NNN leased. NOI $94K/yr. $1.175M. 8% Cap.
6. Advance Auto Parts in Minneola, FL: 7000 SF attractive retail building on over 1 acre lot along Hwy-27. 100% NNN leased. NOI $165K/yr. Price reduced to $2.069M. 8% Cap. Recession-resistant tenant.
7. Medical Office in Chicago, IL: 7150 SF recently renovated medical office at hard corner . Long NNN lease with 2% annual rent increases. NOI $239K/yr. $2.850M. 8.4% Cap.
8. Strip Center in Tampa, FL: 11,482 SF strip center on 1.20 acres of parcel anchored by Amscot at signalized (over 30,000 VPD) intersection. 100% leased. NOI $345K/yr. $3.2M. 10.79% Cap.
9. Golfsmith Retail Building in Plano, TX: 25,018 SF retail building constructed in 1998 on 1.95 acres of land across from Collin Creek Mall off of US-75. 100% absolute NNN lease till 2018. NOI $382K/yr. $3.827M. 10% Cap. (Flyer not available)
10. Walgreens Pharmacy in Monroe, NC: brand new 14,820 SF retail building on 2.03 acres of land across Carolinas Medical Center/Hospital Union Memorial on Hwy 601/74. 25-years absolute NNN corp lease. NOI $448K/yr. $5.934M. 7.55% Cap.
    
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