Top 6 Commercial Properties Among 256 on 08-13-09

1. Retail buildings in Palmdale, CA: 9,915 SF consisting of 3 retail buildings on .70 acre lot at active boulevard in Los Angeles County. 100% NNN leased. NOI $119K/yr. $1.499M. 8% Cap.
2. Ramada Limited Suites in Spokane, WA: 76-room 3-story hotel built in 1996 on 1.56 acres of land with numerous amenities conveniently located at Hwy-395/2. NOI $539K/yr. $5.995M. 9% Cap.
3. Office Building in San Jose, CA: 3,082 SF beautiful Spanish Style office building at prestigious location on The Alameda between Downtown/Santa Clara University near Hwy-880. 10-ofice suites which 9 are currently leased. $1.125M. Excellent opportunity for owner user!
4. Strip Center in Los Angeles, CA: 6,853 SF well-kept strip center on .28 acre lot next to Jack in the Box with new roof, asphalt parking and monument sign at high density infill location. 87% leased. NOI $95K/yr. $1.6M. 5.94% Cap. Upside potential.
5. Retail Building in Las Vegas, NV: 6,750 SF Earl Scheil Auto Paint and Body retail building at hard location. 15-year absolute NNN corp lease with rent increases. NOI $72K/yr. $825K. 8.75% Cap.
6. Shopping Center in Santa Anna, CA: 11,525 SF attractive shopping center on 1.20 acres of parcel at busy intersection with outstanding visibility. 100% leased by 9 tenants: Togo’s, Freeway Insurance, Dental Office, Cash N More, Hair Salon, Santa Anan Cig, Nail Salon, Cleaners and Staffchex. NOI $282K/yr. $4.250M. 6.64% Cap.
   
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