Top 10 Retail Among 405 on 07/07/09

1. Shopping Center in Hemet, CA: 12,560 SF newly constructed shopping center on .82 acre lot at hard corner location. 50% leased. $1.790M. 8.70% Cap. Huge potential when fully leased.
2. Strip Center in Mesquite, TX: 34,294 SF well maintained strip center on 2.92 acres of land in growing Dallas metro near Hwy-635. 84% leased to medical/retail and office. NOI $258K/yr. $2.802M. 9.24% Cap. Upside potential.
3. Shopping Center in Desoto, TX: 38,127 SF attractive shopping center on 3.60 acres of parcel in growing middle-class (AHI $65K/yr) Dallas suburbs. 85% NNN leased. NOI $252K/yr. $2.660M. 9.50% Cap on actual income. Upside potential.
4. Strip Center in Mill Creek, WA: 12,906 SF beautiful strip center constructed in 2006 on over 1 acre lot as part of an outdoor mall in an upscale community about 20-miles from Seattle. 100% NNN leased by 7 tenants. NOI $375K/yr. $4.950M. 7.60% Cap.
5. Retail Center in Escondido, CA: 6,600 SF one-year old retail center on .62 acre outparcel to Albertsons supermarket in San Diego metro. Shadow-anchored by Home Depot. 100% NNN leased by Verizon, UPS, Athleticuts and Palm Hawaiian BBQ. NOI $231K/yr. $2.807M. 8.25% Cap.
6. Strip Center in Escondido, CA: one –year old 9,600 SF strip center on .91 acre outparcel to Albertsons supermarket in San Diego metro. Shadow-anchored by Home Depot. 100% NNN leased. NOI $ 259K/yr. $3.146M. 8.25% Cap.
7. Office Building in Flower Mound, TX: 9,170 SF eye-catching office building on over one acre lot in fast growing (35.23%) affluent (AHI $123K/yr within 1 mile radius) Fort Worth/Dallas outskirts. 100% leased. NOI $160K/yr. $2M. 8% Cap.
8. Shopping Center in Wauconda, IL: 78,875 SF shopping center on 6.58 acres of land anchored by ACE Hardware with numerous recent upgrades. 85% leased. NOI $664K/yr. $8M. 8.30% Cap. Enormous potential when fully leased.
9. Advance Auto in Belleville, IL: 7,000 SF retail building constructed in 2003 next to Shop N Save Grocery Store in Saint Louis metro. 100% NNN corp lease. NOI $110K/yr. $1.165M. 9.50% Cap. Recession resistant tenant.
10. Shopping Center in Universal City, TX: 13,800 SF shopping center build in 2008 near Loop-1604 in San Antonio metro. 90% NNN leased. NOI $248K/yr. $3.2M. 7.78% Cap.
    
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