Top 9 Properties of 11-12-09

Cost Segregation Maximizes Your Cash Flow. Click here to read the article from the blog.

1. Shopping Center in Houston, TX: 21,012 SF recently renovated strip center shadow anchored by Conn’s Appliance with fantastic exposure along I-45. 100% NNN leased. NOI $333K/yr. $3.225M. 10.34% Cap.
2. O’reilly Auto Parts in Decatur, GA: brand new 6800 SF retail building adjacent to Walgreens in fast growing Atlanta metro. Newly executed 20-years NNN corp lease. NOI $109K/yr. $1.420M. 7.75% Cap.
3. Texas Roadhouse Restaurant in Oklahoma City, OK: 6400 SF free-standing restaurant constructed in 2001 on 1.7 acres of land adjacent to Crossroads Mall. 100% NNN leased. NOI $92K/yr. $1.031M. 9% Cap.
4. Shopping Center in Harvey, IL: 75,000 SF well maintained grocery anchored shopping center on 5.20 acres of land. 100% leased by long term established tenants. NOI $583K/yr. $6.625M. 8.82% Cap.
5. Shopping Center in Panorama City, CA: 29,607 SF shopping center across from Panorama Mall and Wal-Mart in densely populated Los Angeles location. 90% leased. NOI $475K/yr. $5.5M. 8.65% actual cap.
6. Storage Facility in Sparks, NV: 44,230 SF storage facility constructed in 1990 on 2.35 acres of land located in a heavily traveled retail location. 95% leased. NOI $191K/yr. $2.550M. 7.52% Cap.
7. Retail Center in Knoxville, TN: 53,059 SF well located strip center on 3.65 acres of land conveniently located off of I-640. 98% leased. NOI $396K/yr. $4.950M. 8% Cap.
8. CVS Pharmacy in San Antonio, TX: 13,813 SF CVS Pharmacy constructed in 2003 on 1.67 acres of parcel located in growing (206.83%) affluent (AHI $124K/yr.) neighborhood. Long NNN leased by national tenant. NOI $379K/yr. $5.140M. 7.37% Cap. Buyer to assume loan at 5.75% interest rate.
9. Office Building in Las Vegas, NV: 16,109 SF Class-B attractive office building constructed in 1998 on over one acre lot at high traffic business park location next to the Airport. 81% leased. $2.7M.
   
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