Top 10 Properties 06-10-10

1. Office Building in Anaheim, CA: 7336 SF Class-B multiple-tenant two-stories office building on .33 acre lot leased by three tenants: Acupuncture, Chiropractor and church. 100% leased. NOI $62K/yr. $799K. 7.8% Cap.
2. Aaron’s in Springfield, OR: 8500 SF single-tenant retail building on .69 acre lot across WinCo Foods anchored- shopping center off of Hwy-126. 100% NNN leased. NOI $119K/yr. $1.653M. 7.25% Cap.
3. Strip Center in Corona, CA: 14,557 SF newly constructed strip center conveniently located at signalized intersection just off of I-15. NOI $329K/yr. $4.395M. 7.50% Cap.
4. Retail Center in Corona, CA: 4325 SF retail center anchored by Marui Sushi Restaurant adjacent to I-15. NOI $94K/yr. $1.255M. 7.5% Cap.
5. 24 Hour Fitness in Fort Worth, TX: 36,000 SF single-tenant retail building constructed in 2007 on 4.75 acres of land in fast growing area just off of Fwy-287. Long NNN corp lease. NOI $722K/yr. $8.3M. 8.71% Cap. Assumable non-recourse financing at 6.18% fixed rate till 2017.
6. Strip Center in Granada Hills, CA: 8000 SF well-located strip center at signalized intersection with excellent tenant mix: Domino’s Pizza, Nail Salon, Martial Arts, Beauty Salon and Billboard. NOI $147K/yr. $1.875M. 7.9% Cap.
7. Retail Center in Green Bay, WI: 9518 SF Class-A recently constructed retail center in fast growing area. 100% NNN leased by national tenants. NOI $174K/yr. $2.181M. 8% Cap.
8. Retail Center in Green Bay, WI: 6703 SF attractive retail center anchored by Starbucks Coffee off of I-41. 100% NNN leased. NOI $160K/yr. $2.001M. 8% Cap.
9. Strip Center in San Jose, CA: 7440 SF newly constructed strip center conveniently located near Santana Row/Westfield Valley Fair in well-off (AHI $100K/yr) neighborhood off of Fwy-280. 89% NNN leased. NOI $272K/yr. $4.807M. 6.25% Proforma Cap.
10. Strip Center in Suwannee, GA: 12,150 SF nice-looking strip center built in 2004 on over 1.25 acre lot located across Home Depot with excellent visibility in fast growing Atlanta metro. 90% leased. NOI $221K/yr. $2.950M. 7.52% Cap.

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