Top 9 Properties Among 289 on 05-06-09

1. Walgreens in Burlington, NC: 14,500 SF new drug store on 2 acres lot across from Burlington Square Mall. 20 yrs NNN lease. NOI $545K/yr. $7.266M. 7.5% cap.
2. Medical Building in Sacramento, CA: 5880 SF multi-tenant medical office building. 100% leased by 5 established tenants. NOI $75K/yr. $1.065M. 7.08% cap.
3. Strip Mall in Oxnard, CA: 13,048 SF convenience center on 1.07 acres parcel at a signalized corner with excellent visibility. 100% leased. NOI $188K/yr. $2.95M. 6.4% cap.
4. Jack In The Box in Gilroy, CA: rare 2637 SF restaurant built in 1998 with drive thru on 1.2 acres lot near Hwy 101 exit in a high-income Silicon Valley suburb. 18 yrs absolute NNN corp lease with 7 yrs left. NOI $128K/yr with 10% rent bump every 5 yrs. $1.9M. 6.62% cap.
5. Medical Office Building in Whittier, CA: 40,659 SF high-image 3-story medical office building constructed in 1988 on 1.8 acres lot in a densely populated city in Los Angeles. 93% leased. NOI $763K/yr. $10.75M. 7.1% cap.
   · One mile from Presbyterian Intercommunity Hospital
   · Anchored by Surgery Center and Imaging Center
   · On-site pharmacy and lab
6. Shopping Center in McKinney, TX: 27,450 SF shopping center built in 1997 on 3.36 acres lot in the suburb of Dallas. Shadow anchored by Wal-mart, Sam’s Club. 100% NNN leased. NOI $410K/yr. $4.95M. 8.3% cap.
7. Retail Center in Orange, CA: 5978 SF retail center on ½ acre corner lot with easy access to Riverside Fwy. 100% leased. NOI $112K/yr. $1.8M. 6.22% cap.
8. Denny’s in Burbank, CA: brand new 5280 SF Denny’s restaurant on .9 acre parcel near Burbank airport in a densely-populated area with almost 500K residents within 5 miles. 20 yrs absolute NNN ground lease (you buy the land and tenant owns the building). NOI $126K/yr with 12% rent increase every 5 yrs. $1.8M. 7% cap.
9. Retail Building in Atascadero, CA: 3496 SF high-image retail building close to HW 101 exit. 100% leased by 2 brand name tenants: Chase and Verizon Wireless. NOI $107K/yr. $1.539M. 7% cap.
   
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