Top 7 Properties on 04-06-10

1. Auto Center in Antioch, CA: 19,380 SF auto center retail center on 1.50 acres of land with excellent tenant mix: Amego, Fastenal, Mr. Fix it, Genos, Bayside and Hertz. 100% NNN leased. NOI $231K/yr. $2.720M. 8.50% Cap.
2. Strip Center in Summerville, SC: 8100 SF multi-tenant retail center on 1 acre lot in fast growing (33.87%) middle-class (AHI $66K/yr) Charleston metro. 100% leased. NOI $112K/yr. $1.4M. 8% Cap.
3. Shopping Center in Phoenix, AZ: 33,731 SF shopping center on 2.86 acres of land conveniently located near Hwy-17/I-60. 72% leased. NOI $354K/yr. $3.2M. 11.06% Proforma Cap.
4. Travelodge Hotel in Tacoma, WA: 79-room Travelodge Motel renovated in 2008 with excellent freeway visibility close to Convention Center.  NOI $432K/yr. $4.5M. 9.62% Cap.
5. Apartments in Houston, TX: 44-unit apartment complex with beautiful landscape at quite neighborhood. 98% lease. NOI $150K/yr. $1.5M. 10% Cap.
6. Sports Authority in Lake Saint Louis, MO: 42,081 SF retail building constructed in 2008 on 3.67 acres of land between Wal-Mart and Lowe’s in affluent St. Louis suburbs. 100% NNN leased by national tenant. NOI $462K/yr. $5.290M. 8.75% Cap.
7. Assisted Living Residence in Santa Rosa, CA: 22-beds well-kept assisted living residence on 2.59 acres of parcel. NOI $197K/yr. $2.199M. 9% Cap.    

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