Top 10 Properties Among 364 on 08/06/09

1. Advance Auto Parts in Houston, TX: 7000 SF retail building constructed in 2007 on .68 acre lot in fast growing area. Long NNN corp lease. NOI $127K/yr. $1.621M. 7.85% Cap. Recession insensitive tenant.
2. Shopping Center in Fresno, TX: 20,000 SF attractive shopping center built in 2004 on 2.93 acres of land with excellent tenant mix. 93% NNN leased. NOI $296K/yr. $3.290M. 9% Cap.
3. Majestic Fine Wine & Spirit in Hebron, TX: brand new 16,500 SF beautiful retail building on 1.57 acres of parcel in a wealthy (AHI $145K/year within 1 mile radius) suburb North of Dallas. 20-years absolute NNN corp lease. NOI $301K/yr. $3.354M. 9% Cap.
4. Walgreens in Tucson, AZ: 13,905 SF well located pharmacy built in 1998 on 2.17 acres of land across from Northwest Medical Center at signalized intersection. Long NNN corp lease. NOI $324K/yr. $3.950M. $8.23% Cap.
5. Denny’s Restaurant in Placerville, CA: 5000 SF well located single tenant building on .71 acre lot with excellent visibility off of Hwy-50. 100% NNN ground leased (you own the land and tenant owns the building). NOI $93K/yr. $1.377M. 6.75% Cap.
6. Office Building in Walnut Creek, CA: 7760 SF office building in a high income city with several recent upgrades & plenty of parking. 95% leased. NOI $126K/yr. $1.8M. 7% Cap. Excellent of owner user!
7. Shopping Center in Rialto, CA: 13,200 SF shopping center on over 1 acre lot at busy retail location. 91% leased. NOI $146K/yr. $2M. 7.33% Cap. Upside potential as tenant pay below market rent.
8. Dollar General in Georgetown, TX: 9014 distinctive retail building on 1.06 acres of land at main thoroughfare new I-81. 100% NNN leased by recession-resistant tenant. NOI $71K/yr. $898K. 8% Cap.
9. Days Inn in San Bernardino, CA: 50-room well located motel with good access to Fwy-10/215. Average Occupancy 60%. NOI $360K/yr. $4.5M. 8% Cap.
10. Apartments in Los Angeles, CA: 2-story 10-units apartments built in 1987 in filled location near Fwy-110. 100% leased. NOI $116K/yr. $1.299M. 8.94% Cap.
    
    © Copyright Transmercial 2009. All rights reserved.