Top 5 Properties of 03-12-10

1. Retail Center in Sunnyvale, CA: 4500 SF two-tenants well-maintained retail building on a busy commercial district in a high income Silicon Valley. 100% NNN leased with annual rent increased. NOI $117K/yr. $1.685M. 7% Cap.
2. Shopping Center in Sugar Land, TX: 11,645 SF nice-looking shopping center built in 2005 on over one acre lot shadow-anchored by Wal-Mart and Sams Club just off US Hwy-90 with good tenant mix: GameStop, Great Clips, Pizzeria, Ice Cream, Subway, Insurance, Windstream, Liberty Tax and Verizon. 100% NNN leased. NOI $344K/yr. $4.271M. 8.06% Cap. Buyer to assume Non-Recourse Loan $3.170M at 5.59% interest rate.
3. Oil Can Henry’s Retail Building in Eagle, ID: 3000 SF recently constructed retail building out-pad to Home Depot/Eagle Promenade Shopping Center at dominant retail corridor just off Hwy-55/44. Long-term NNN corp lease. In growing (36.51%) & well-off (AHI $87K/yr.) Boise suburbs. NOI $116K/yr. $1.415M. 8.20% Cap.
4. Medical Office in Jupiter, FL: 61000 SF upscale medical office building at affluent neighborhood just North of Fort Lauderdale conveniently located at main retail corridor near Jupiter Medical Center. 100% leased. NOI $111K/yr. $1.395M. 8% Cap.
5. Shopping Center in Fort Lauderdale, FL: 40,225 SF well-situated shopping center next door to Home Depot/Publix at intersection of I-7. 90% leased. NOI $414K/yr. $4.6M. 9% Cap.
   
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