Top 9 Properties 04-15-10

1. Dollar General in Jacksonville, FL: 8998 SF newly constructed Dollar General retail building on 1.20 acres of land at densely populated area. New 15-years absolute NNN corp lease. NOI $121K/yr. $1.425M. 8.5% Cap.
   • Recession proof tenant
2. Office Building in Lancaster, CA: 12,520 SF well-kept office building on 1.4 acres lot with excellent visibility & across Lancaster Community Hospital. 100% leased by five tenants. NOI $114K/yr. $1.550M. 7.40% Cap.
3. Shopping Center in Collinsville, IL: 127,700 SF shopping center shadow-anchored by new Kohl’s Department Store near I-70/55 in fast growing St. Louis metro. 98.7% NNN leased by national tenants: Schnucks Grocery (the largest supermarket retailer in the St. Louis area), Sears, Hallmark, GNC, Quiznos, Great Clips, Edward Jones and Famous Footwear. NOI $1,026M. $12,445M. 8.25% Cap. Buyer to assume existing loan at very attractive 5.54% interest rate amortized over 30 yrs.
4. Apartments in Huntington Park, CA: 13-units mature apartment complex with nice landscape courtyards close to park/shopping centers in densely populated area with 1.1M residents within 5 miles ring. NOI $87K/yr. $1.250M. 7% Cap.
5. Office Building in Fresno, CA: 18,442 SF office buildings on 1.34 acres of land with great visibility in close proximity to Hwy-99. 90% leased. NOI $147K/yr. $2.1M. 7% Cap.
6. Office Building in South Jordan, UT: 8940 SF single-tenant office building next to Mullgan’s Golf and Game along main retail corridor in growing (20.79%) affluent (MHI $110K/yr) Salt Lake City suburbs. 100% NNN leased. NOI $117K/yr. $1.472M. 8% Cap.
7. Retail Center in Wilmington, CA: 6500 SF recently renovated strip center on .43 acre lot at major signalized intersection on Pacific Coast Hwy. 100% NNN leased. NOI $191K/yr. $2.195M. 8.9% Cap.
8. Shopping Center in Houston, TX: 16,864 SF shopping center built in 2001 on 1.56 acres of land near Hwy-6. 100% NNN leased. NOI $171K/yr. $2.4M. 8.50% Cap.
9. Apartments in Dallas, TX: 172-unit two-stories multi-family building on over 6 acres of land at infill location close to Fwy 35E/635. 95% leased. NOI $431K/yr. $4.4M. 9.8% Cap.  

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