Top 9 Properties Among 340+ 08/27/09

1. Shopping Center in Lexington, KY: 37,234 SF shopping center anchored by Panera Bread on 3 acres of land at a signalized intersection on a main retail corridor. 93% leased to well-known tenants. NOI $573K/yr. $6.2M. 9.25% Cap.
2. Shopping Center in Anaheim, CA: 20,030 SF well-located shopping center on 1.4 acres of land at active thoroughfare with excellent exposure. NOI $272K/yr. $2.5M. Once received a 4+M offer. 10.92% Proforma Cap. Distressed sale.
3. Day Care Facility in Granada Hills, CA: 8209 SF single-tenant day care facility on 1.39 acres of parcel at prime location surrounded by new upscale million-dollar homes in a wealthy town with AHI over $123K/yr. just minutes from I-405/118. 100% NNN leased till 2016 by KinderCare, a national childcare provider. NOI $128K/yr. $1.663M. 7.75% Cap.
4. Rite Aid in New London, CT: 11,160 appealing Rite Aid Pharmacy built in 2003 on 1.97 acres of parcel near Lawrence & Memorial Hospital. New 20-years NNN lease. NOI $198K/yr. $2.210M. 9% Cap.
5. Instant Lube in Sparks, NV: brand new 2933 SF Instant Lube retail building adjacent to Wal-Mart, Costco and Home Depot. Brand new 20-years NNN leased with 3% annual rent increases. NOI $72K/yr. $900K. 8% Cap.
6. Shopping Center in Kissimmee, FL: 13,760 SF shopping center on 1.47 acres of land with huge monument-sign for extra tenant-exposure along Hwy-441 (traffic count 59,500 daily). 93% leased. NOI $152K/yr. $1.640M. 9.3% Cap.
7. Neighborhood Center in Rialto, CA: 23,854 SF attractive shopping center constructed in 1992 on 4.51 acres of parcel at hard corner location. 87% leased. NOI $275K/yr. $4M. 7% Cap. Upside potential when fully leased.
8. Shopping Center in North Highlands, CA: 21,145 SF nice-looking shopping center on 1.91 acres of land with good tenant mix: Dentist, Pizza, Laundry, and Donuts at corner lot near I-80. NOI $323K/yr. $3.950M. 8.20% Cap. Upside potential as tenants are paying below market rent.
9. Shopping Center in Macon, GA: 53,300 SF well-located neighborhood shopping center at dominant retail corridor in fast growing area. 96% leased. NOI $370K/yr. $3.7M. 10% Cap.
   
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