Top 10 Properties 09/24/09

1. Jiffy Lube in Pearland, TX: 4155 SF one-year old Jiffy Lube retail building on 1.53 acres of land adjacent from Walgreens at busy signalized intersection (Traffic Counts 55,000 PD) in growing (81.04%) well-off (AHI $86K/yr) Houston outskirts. 20-years absolute NNN leased by 110 unit operator. 10% increase every 5-years. NOI $151K/yr. $1.733M. 8.75% Cap.
2. Applebee’s Restaurant in Peoria, AZ: 5431 SF Applebee’s Restaurant built in 1993 on 1.39 acres of parcel at major retail location between Arrowhead Towne Center and North Valley Power Center. Long absolute NNN leased by strong operator with 90 locations. NOI $230K/yr. $2.787M. 8.25% Cap.
   ▪ Top 10 Sales Volume out of 90 locations
3. Tuffy/Car-X in Round Rock, TX: brand new 5225 SF automotive retail building along busy thoroughfare in growing (54.80%) & prosperous (AHI $100K/yr) Austin suburbs. New 20-years absolute NNN corp lease. NOI $135K/yr. $1.638M. 8.25% Cap.
4. Shopping Center in Lake Elsinore, CA: 34,850 SF attractive shopping center constructed in 1991 on 2.68 acres of land with excellent tenant mix at signalized intersection near I-15. 100% NNN leased. NOI $391K/yr. $4.8M. 8.15% Cap. Flyer not included. Please reply for full marketing package.
5. Strip Center in Rialto, CA: 13,200 SF well located strip center on over one acre lot with excellent visibility in growing San Bernardino County. 82% leased. NOI $146K/yr. Price reduced from $1.8M. to $1.6M. 9.12% proforma Cap.
6. Days Inn Motel/Retail in Stockton, CA: 70-room motel with two retail units off of Fwy-5. $570K price reduction. $3.730M. Excellent opportunity for owner user!
7. Shopping Center in Mansfield, TX: 31,184 SF unique shopping center built in 2001 on 3.28 acres of land in booming Dallas suburbs. 94% leased with retail, office and medical tenants. NOI $513K/yr. $5.705M. 9% Cap. Price reduced from $6.422M to $5.705M.
8. Apartments in Burbank, CA: nice looking 8-units apartments completely renovated in well-off (AHI $82K/yr.) Los Angeles growing area. NOI $101K/yr. $1.797M. 5.15% Cap. Price changed from $1,849,500 to $1.797M.
9. Shopping Center in San Antonio, TX: 32,623 SF recently constructed shopping center on 3 acres of land conveniently located at hard corner location with strong visibility to Loop-1604. 87% NNN leased. $6.350M. 9.01% Cap.
10. Office Building in Saint Charles, MO: 6750 SF 2-story attractive office building constructed in 2001 on over 1 acre lot near Barnes-Jewish St Peters Hospital with excellent visibility from I-70. 100% leased. NOI $103K/yr. $1.150M. 9% Cap.
    
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