Top 7 Properties Among 285 08-14-09

1. Retail Building in Concord, CA: 2,934 SF single-tenant retail building on .41 acre lot just east of Hwy-242. Well established business. 25-years NNN leased. 3% annual rent boost. NOI $120K/yr. $1.5M. 8% Cap.
2. Apartments in Houston, TX: 120-units well-kept apartments consisting of seven buildings in a quiet neighborhood near I-45. 87% leased. NOI $402K/yr. $3.5M. 11.50% Cap.
3. Office Building in Fresno, CA: 18,600 SF Class-A office building constructed in 1997 on over 3 acres of land next to Fwy-180. 100% leased. NOI $269K/yr. $3.6M. 7.5% Cap.
4. Strip Center in Bakersfield, CA: 11,123 SF recently constructed strip center on 1.11 acres of parcel anchored by T-Mobile at signalized intersection. NOI $286K/yr. $2.8M. 10.22% Cap.
5. Retail Center in Chino, CA: brand new 6,970 SF 2-story retail center on 1.70 acres of land anchored by Papa Murphy’s Pizza. 80% NNN leased. NOI $104K/yr. $1.480M. 7.05% Cap.
6. Medical Office in Pearland, TX: 10,245 SF recently constructed medical office on over 1 acre of land in close proximity to Hwy-288/FM-518. 100% NNN leased. NOI $222K/yr. $2.750M. 8.10% Cap.
7. Earl Scheib Auto Paint and Body in Phoenix, AZ: 6650 SF well located retail building on .50 acre pad with excellent visibility. 15-years absolute NNN corp lease. NOI $78K/yr. $900K. 8.75% Cap. Excellent for 1st time investor.
   
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