Top 9 Properties 06-29-10

NOI: Net Oper Income—income after tax, insurance and maintenance expenses paid.

AHI: Avg. Household Income

NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses

1. Office Building in Fresno, CA: 12,977 SF Class-B office building on .95 acre lot across from The Fresno Surgical Center near Kaiser Hospital off of Fwy-41. 100% leased. NOI $175K/yr. $2.350M. 7.5% Cap.
2. Shopping Center in Omaha, NE: 23,954 SF shopping center constructed in 2004 on over 2 acres of land across from new Hy-Vee Grocery Anchored Center at corner location in fast growing (130.54) well-off (AHI $98K/yr within 1-mile radius) area. 96% NNN leased. NOI $323K/yr. $3.8M. 8.5% Cap.
3. Firestone In Phoenix, AZ: 5250 SF Firestone retail building with excellent visibility along main busy corridor. 100% NNN corp lease. NOI $60K/yr. $705K. 8.5% Cap.
4. Strip Center in Orland Park, IL: 10,800 SF 6-unit strip center in a middle-class Chicago metro. NOI $155K/yr. $1.525M. 10.22% Cap.
5. Shopping Center in Phoenix, AZ: 20,173 SF well-located multi-tenant shopping center built in 1996 on 2.24 acres of parcel with excellent tenant mix at busy signalized intersection. 83% leased. NOI $333K/yr. $3.420M. 9.75% Cap.
6. Shopping Center in Phoenix, AZ: 88,075 SF attractive shopping center on 8.85 acres of land anchored by Savers and Dollar General situated at prominent intersection. 84% NNN leased. NOI $669K/yr. $6.8M. 9.84% Cap.
7. Medical Building in Rowlett, TX: 16,119 SF recently constructed medical building off of Hwy-66 in fast growing Dallas/Fort With suburbs. 90% NNN leased. NOI $232K/yr. $2.8M. 8.3% Cap.
8. Shopping Center in Houston, TX: 77,490 SF beautiful multi-tenant shopping center constructed in 1999 on 16.20 acres of land. 97% leased. $8.9M. 8.93% Cap.
9. Shopping Center in Jacksonville, FL: 17,600 SF well-maintained shopping center with great tenant mix: Laundromat, Nail Salon, Convenience Store and Video Store along main corridor. 93% leased. NOI $116K/yr. $1.3M. 8.98% Cap.

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