Monday, April 12, 2010

Top 5 Properties 03-29-10

  1. Shopping Center in Jackson, MS: 60,638 SF recently renovated shopping center on 4.45 acres of land anchored by Family Dollar. 87.6% leased by 15-tenants. NOI $322K/yr. $2.950M. 10.94% Cap.
  2. Retail Center in Maricopa, AZ: 22,084 SF attractive shopping center built in 2006 on 1.99 acres of land with strong tenant mix along busy retail corridor. 95% NNN leased. NOI $491K/yr. $5.462M. 9% Cap.
  3. Retail Center in Wichita, KS: 9400 SF retail center built in 2007 in fast growing area near I-54. 100% NNN leased. $1.2M. 9.8% Cap.
  4. Multi-Tenant Professional Building in Auburn, CA: 2-stories well kept Class-B office building anchored by USDA with beautiful landscape less than ½ mile from I-80. 95% leased. NOI $161K/yr. $1.499M. 10.90% Cap.
  5. Office Building in Phoenix, AZ: 23,061 SF beautiful office complex on over 2 acres of land off of I-51. 100% leased by five tenants. NOI l$332K/yr. $3.575M. 9.30% Cap.

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