Top 10 Properties Among 300 08-25-09

1. Shopping Center in Temecula, CA: 13,630 SF multi-tenant strip center built in 2000 on 1.12 acres of land across from The Promenade Mall in Temecula. 100% NNN leased. NOI $356K/yr. $4.325M. 8.25% Cap.
2. Strip Center in Temecula, CA: 6,750 SF strip center constructed in 2000 on .93 acre lot across 1.14 million SF regional mall near Fwy-15. 100% NNN leased by national tenants. NOI $265K/yr. $3.215M. 8.25% Cap.
3. Strip Center in Sparks, NV: 4700 SF two-years old strip center adjacent to Wal-Mart, Home Depot and Costco in fast growing (93.48%) area. 100% NNN leased by Starbucks, Bobby Page Dry Cleaners and FedEx. NOI $193K/yr. $2.586M. 7.5% Cap.
4. Multifamily Condos in Fort Myers, FL: gorgeous 65-condo units built in 1991 in affluent (AHI $98K/yr.) and growing (54.46%) community. NOI $481K/yr. $4.615M. 10.43% Cap.
5. Strip Mall in Stockbridge, GA: 7800 SF attractive strip mall built in 1999 on 2.35 acres of land across from Walgreen’s in growing Atlanta metro. NOI $96K/yr. $1.125M. 8.56% Proforma Cap.
6. Shopping Center in Palmdale, CA: 15,000 SF shopping center built in 1997 on 1.75 acres of parcel adjacent to Antelope Valley Mall fully NNN leased by strong national tenants: AT&T Wireless, Men’s Wearhouse, Cold Stone Creamery, Powder & Sun and Silver Depot. NOI $400K/yr. $5M. 8% Cap.
7. Retail Center in Palmdale, CA: 15,250 SF eye-catching retail center built in 1998 on 1.38 acres of land across from Target at high traffic location near Fwy-14. 90% NNN leased by distinguished tenants. NOI $487K/yr. $6.1M. 8% Cap.
8. Dollar Tree Retail Building in Twentynine Palms, CA: one-year old 15,506 SF free-standing retail building on 1.53 acres of land adjacent to State Bros. Brand new 10 years NNN corp lease. NOI $189K/yr. $2.235M. 8.5% Cap.
9. Office Suites in Reno, NV: class-B 32,000 SF recently constructed office suites on 2.52 acres of parcel conveniently located near I-395. 75% leased. $4.9M. 9.5% Cap.
10. Michaels Retail Building in Mountain View, CA: rare 21,579 SF retail building recently renovated on 1.41 acres of parcel across from Best Buy/Bed Bath and Beyond anchored shopping center just off of Fwy-101. 100% NNN leased till 2018. NOI $513K/yr. $6.950M. 7.38% Cap. Buyer to assume $5.310M @6.5% interest rate.
    
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