Top 9 Properties Among 337 on 08/04/09

1. Medical Building in Garland, TX: 12,600 SF professional building on over 1 acre lot across from Baylor Hospital. Fully occupied by mostly medical tenants. NOI $136K/yr. $1.360M. 10% Cap.
2. Strip Center in Houston, TX: 84,162 SF attractive strip center constructed in 1998 anchored by Conn’s Appliance with excellent visibility to I-45. 100% NNN leased by good tenant mix. NOI $555K/yr. $5.7M. 9.75% Cap.
3. Tuffy Retail Building in Round Rock, TX: 5225 SF retail building built in 2009 on over 1 acre lot in fast growing Austin metro. New 20-years absolute NNN corp lease. NOI $135K/yr. $1.658M. 8.15% Cap.
4. Shopping Center in Springfield, OR: 96,027 SF neighborhood center on 8.74 acres of land anchored by recently remodeled Safeway off of Hwy-126. 94% NNN leased. NOI $1,032M. $9.670M. 10.68% Cap.
5. Beltway Medical Center in Houston, TX: 2-years old 31,575 SF medical building on 3.85 acres of parcel anchored by Texas Children’s Pediatric along Beltway-8. 100% NNN leased. NOI $575K/yr. $6.2M. 9.25% Cap.
6. Days Inn & Suites in Rancho Cordova, CA: attractive 112-room motel on 1.83 acres of land off of Hwy-50. $4.950M. 10.50% Cap. Just over 44K/unit. Potential upside if properly managed.
7. Strip Center in Tustin, CA: 9597 SF attractive strip center on .74 acre lot at signalized intersection near I-5. 100% NNN leased by 4 tenants: Blockbuster Video, A.N. Market, Pizza and Yogurtland. NOI $255K/yr. $3.584M. 7.14% Cap.
8. Walgreen’s Pharmacy in Houston, TX: brand new 13,650 SF pharmacy on 1.14 acres of land in densely populated area off of I-45. Long absolute NNN corp lease. NOI $452K/yr. $5.832M. 7.75% Cap.
9. Storage Facility in Oak Lawn, IL: 16,430 SF nice-looking storage in middle-class (AHI $66K/yr) Chicago suburbs. NOI $152K/yr. $1.9M. 8% Cap.
   
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