Top 7 Properties 10-23-09

1. AppleBee’s in Aurora, IL: 4390 SF restaurant built in 1997 in Chicago metro. 100% absolute NNN leased till 2025. NOI 182K/yr with 2% annual rent bump. $2.079M. 8.75% cap
2. Burger King in Colorado Spring, CO: 2500 SF brand new restaurant on ..88 acre parcel. New 20 yrs absolute NNN lease from an experience operator with 25+ units. NOI $120K/yr. $1.55M. 7.75% cap.
3. Medical/Professional Building in Cypress, TX: 11,250 SF 2-story recently constructed building conveniently located along Fwy-290 in fast growing (196.33%) & well-off ($90K/yr within five-mile radius) Houston suburbs. 100% leased. NOI $227K/yr. $2.530M. 9% Cap.
4. Retail Building in Sunnyvale, CA: 7962 SF well-located retail building on .37 acre lot at corner location. 90% leased. NOI $120K/yr. $1.920M. 6.25% Cap.
5. Strip Center in Hot Springs, AR: 13,360 SF attractive strip center on 1 acre lot at high traffic location. 100% leased. NOI $100K/yr. $1.250M. 8% cap.
   Property includes (20) 10x25 storage units.
6. Advance Auto Parts in Memphis, TN: 9,415 SF Advance Auto Portfolio consisting of 3 properties constructed in 1997 on prime signalized corner locations. 100% NNN corp lease. NOI $170K/yr. $1.7M. 10.03% Cap.
7. Shopping Center in Hawthorne, CA: 17,675 SF 15-tenants shopping center at active signalized intersection in densely populated area. 92% leased. NOI $490K/yr. 8% cap. Note: price reduction from $6.535M to $6.210M.

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