Top 8 Properties Among 294 on 03-31-10

1. Retail Center in De Pere, WI: 5862 SF attractive retail center anchored by Starbucks Coffee surrounded by many national tenants in growing middle-class (AHI $70K/yr.) Green Bay metro. 100% by national credit tenant. NOI $166K/yr. $2.084M. 8% Cap.
2. Starbucks Coffee in Little Rock, AR: 1750 SF single-tenant retail building constructed in 2006 on .46 acre lot situated in densely retail location. 100% NNN corp lease. No termination clause. NOI $83K/yr. $930K. 9% Cap.
3. Strip Center in Burbank, CA: 8373 SF well-located strip center on .34 acre lot at corner location along major thoroughfare. High income (AHI 94K/yr) and densely pop area with over 450K residents within 5 miles ring. 100% leased with strong tenants. NOI $159K/yr. $2.125M. 7.75% Cap.
4. Office Building in Las Vegas, NV: 44,260 SF two-stories office building on 2.35 acres of parcel conveniently located next to Desert Spring Hospital near Las Vegas Strip. 98% leased. NOI $752K/yr. $8.750M. 8.60% Cap.
5. Best Buy in Midland, TX: 45,800 SF retail building close to Midland Park Mall with outstanding visibility to W Loop-250. 100% NNN lease. High income area with AHI over $81K/yr. NOI $297K/yr. $3.3M. 9.02% Cap.
6. Applebee’s in Bartlett, TN: 4360 SF franchised restaurant .85 ac pad to a Kroger supermarket anchored shopping center in middle class Memphis metro. Long term NNN lease. NOI $182K/yr. $2.14M. 8.50% Cap.
7. Retail Building in Atlanta, GA: 40,798 SF 2-tories well-kept retail building on 2.90 acres of land near several major highways in fast growing area. NOI $438K/yr. $5.325M. 8.24% Cap.
8. Office Building in Turlock, CA: 11,993 SF good-looking well-kept office building at excellent downtown location. 100% leased. NOI $142K/yr. $1.675M. 8.5% Cap.
   Tire Plus in Wichita, KS: 6600 SF automotive service center in a high growth, high income area (AHI 79K/yr). 100% NNN lease with 5 yrs remaining. NOI $165K/yr. $1.65M. 10% cap.
   
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