Top 9 Properties 04-01-10

1. Professional Center in Monterey Park, CA: 23,250 SF well-kept office building across from Monterey Park Hospital in a densely populated are with over 700K residents within 5 miles ring . 79% leased by 5 tenants with 2 avail units. Actual NOI $476K/yr. $6.688M. 7.13% Cap. Upside potential when fully leased.
2. Jiffy Lube in Walnut Creek, CA: 2938 SF single-tenant retail building in a wealthy San Fran Bay Area city with AHI over $115K/yr. New 10-years NNN corp lease. NOI $92K/yr. $1.324M. 7% Cap.
   • Proven successful location: Jiffy Lube has occupied for 20+ years at this location.
3. Coco’s Restaurant & Bakery in Mesa, AZ: 6113 SF nice-looking restaurant constructed in 1995 on 1.35 acres corner lot outparcel to Target Shopping Center across from Superstition Springs Center Mall. 100% NNN leased by Coco’s with over 500 locations in the world. NOI $242K/yr. $2.695M. 9% Cap.
4. Shopping Center in Los Angeles, CA: 28,914 SF 2-stories newly remodeled shopping center with ample parking at high traffic location. Over 1.3M residents within 5 miles ring. 99% leased. NOI $572K/yr. $7.950M. 7.20% Cap.
5. O’Reilly/Kragen Auto Parts in Simi Valley, CA: 5555 SF retail building on over 1 acre outparcel to a shopping center anchored by Rite Aid and 99¢ Only shopping center in a wealthy area with AHI over $101K/yr. 100% NNN leased.NOI $126K/yr. $1.687M. 7.5% Cap.
6. Retail Center in Indian Trail, NC: 10,851 SF recently constructed retail center anchored by Starbucks Coffee and Papa John’s Pizza in fast growing (173% since 2000) Charlotte suburbs. 100% NNN leased. NOI $232K/yr. $3.1M. 7.5% Cap.
7. Walgreens’s & AutoZone in De Pere, WI: 22,190 SF free-standing retail buildings consisting of two separate parcels at prime location in middle class Green Bay metro. 100% NNN leased with Walgreen’s lease expiring in 2031 and AutoZone expiring in 2027. NOI $412K/yr. $5.493M. 7.5% Cap.
8. Walgreen’s in Green Bay, WI: 14,820 SF 2-years old all brick retail building on 1.80 acres of land across from Target & Copps with great 3 access points. 100% NNN leased. NOI $365K/yr. $4.935M. 7.4% Cap.
9. Retail Center in Sherman Oaks, CA: 5200 SF recently remodeled retail building with ample parking in densely populated area. 100% NNN leased. NOI $174K/yr. $2.495M. 7% Cap.

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