Best picks of 09-17-08

AHI: Avg Household Income
NOI: Net Operating Income

1. Shopping Center in Peachtree City, GA: 18,467 SF shopping center on 2.22 acres of land built in 2001 with 59% national tenants. 91% NNN leased. NOI $351K/yr. $4.535M. 7.75% Cap.
   - Good tenant mix: Waffle House, Dominos, AT&T, Chinese Restaurant and more
   - Located on Hwy-54
   - Upscale area: AHI $112K/yr within 1 mile radius
2. McAlister’s Deli in Waco, TX: 3900 SF McAlister’s Restaurant on .94 acre lot constructed in 2000. Long absolute NNN lease till 2021 with rent increases. NOI $96K/yr. $1.255M. 7.65% Cap.
   - Located in growing city South of Dallas
   - Experienced operator: currently operating 18 restaurant
   - Strong revenue (Over $1.45M) means business is profitable and you will get the rent
3. Strip Center in Dallas, TX: 10,429 SF strip center on .86 acre lot built in 2005 anchored by Wal-Mart and Sam’s Club with excellent visibility to Fwy-30 near Big Town mall. 100% NNN leased. NOI $210K/yr. $2.850M. 7.4% Cap.
4. Retail Center in Tulsa, OK: 20,300 SF stable retail center built in 1995 with good tenant mix located on intersection just off of I-44. 100% Occupancy. NOI $173K/yr. $1.8M. Strong 9.70% Cap.
5. Office building in Longwood, FL: 6560 SF attractive medical office with excellent exposure in fast growing area Orlando suburb. 75% Occupancy. NOI $138K/yr. $1.380M. 10% Cap. Great potential when last unit is occupied.
6. Taco Mayo in Wichita Falls, TX: One year old Taco Mayo Restaurant on .52 acre lot situated at busy intersection near I-82 in middle-class (AHI $58K/yr) area. 10 years NNN lease. NOI $92K/yr. $1.086M. 8.5% Cap.
   
   © 2008 eFunding, Inc. All rights reserved

Best picks of 09-16-08

AHI: Avg Household Income
NOI: Net Oper Income

1. Christian Brothers Automotive in Irving, TX: 4,921 SF Christian Brothers Automotive retail building on .63 acre lot built in 2007. New 15 years absolute NNN lease with 1½% annual rent increases starting in year 2. NOI $135K/yr. $1.742M. 7.75% Cap.
   - Corporate Guarantee
   - Growing (15.04% since 2000) and wealthy (AHI $106K/yr within 3-mile radius) neighborhood
   - Good location close to I-635
2. Smokey Bones Restaurant in Lithonia, GA: 6,028 SF Smokey Bones Restaurant on over 2 acres of lot outparcel to The Stonecrest Mall. 20 years absolute NNN lease. NOI $170K/yr. $2.069M. 8.25% Cap.
   - Lease is corp guaranteed from strong operator currently operating 74 locations
   - 1.75% annual rent increases
   - In front of The Mall of Stonecrest just off I-20
3. Smokey Bones Restaurant in Kennesaw, GA: 6,900 SF Smokey Bones Restaurant on 1.88 acres of lot. 20 years absolute NNN lease with 1.75% annual rent increases. NOI $158K/yr. $1.919M. 8.25% Cap.
   - Outstanding location: across the street from the Town Center Mall between I-75/575
   - Lease is corp guaranteed by a strong operator currently operating 74 locations
4. Great American Plaza in Phoenix, AZ: 14,531 SF beautiful shopping center on 1.76 acres of land constructed in 2007 next to Walgreen’s pharmacy. 100% NNN leased. NOI $370K/yr. $4.935M. 7.5% Cap.
   - Located across Fry’s Supermarkets
   - Good national/regional tenant mix: Checker Auto, Fletchers, Subway H&R Block, Cost Cutters, Wells Fargo, UPS, Curves, State Farms, Blockbuster and more.
   - Eight tenants to spread-out the risk
5. Main & Lindsay Center with KFC Restaurant in Mesa, AZ: 20,714 SF stable shopping center on 2.12 acres of land built in 1984 extensible remodeled in 2005. NNN leases. NOI $301K/yr. $4.1M. 7.34% Cap.
   - Densely populated area
   - Good ingress/egress
   - Signalized intersection
6. Applebee’s Restaurant in Modesto, CA: 5,300 SF Applebee’s Restaurant on 1.59 acres of parcel built in 1997. Absolute NNN lease till 2018 with 10% rent increases every five years. NOI $217K/yr. $3.350M. 6.5% Cap.
   - Excellent location anchored by Best Buy, Target, Borders and Petsmart
   - Just off Hwy-99 with has 113,000 CPD
   - Adjacent to Regional Mall with over 130 stores
7. The Shoppes at Barry Plaza in Kansas City, MO: 20,944 SF Shopping center constructed in 2005 on 2.5 acres of land anchored by CVS Pharmacy. 100% Occupancy. NNN. NOI $325K/yr. $4.2M. 7.75% Cap.
   - Close to I-152
   - Good tenant mix: Curves, Tanning, Fitness, Bank Kwall Paint and more
8. Roseland Retail Center in Chicago, IL: 19,919 SF attractive shopping center on 1.17 acres of land built in 1968 with recent renovation. 100% Occupancy. NNN. NOI $248K/yr. $3.250M. 7.64% Cap.
   - Located at signalized intersection
   - Across from Walgreen’s Pharmacy
   - Occupied by national tenants: AutoZone, Family Dollar and Washington Mutual
   
   © 2008 eFunding, Inc. All rights reserved.

Best picks of 09-15-08

1. Anchored Center in Sioux City, IA: 19,881 SF attractive strip center on 1.78 acres of land constructed in 2004 anchored by Wal-Mart. 100% NNN leased. NOI$219K/yr. $2.585M. 8.5% Cap.
   - National/local tenants: Sport Clip Haircuts, Cato, Sally Beauty Supply and Verizon Wireless Good access to busy Blvd
   - Near I-75
2. The Learning Experience in Independence, MI: brand new 12,500 SF The Learning Experience Day Care on 2.15 acres. 15 year NNN lease with 12% rent increases every five years. NOI $296K/yr. $3.3M. 9% Cap.
   - Corporate location
   - 5,000 SF fenced-in outdoor playground
   - Near I-75
   - Affluent area (AHI of $124K/yr)
3. The Learning Experience in Sterling Heights, MI: 11,025 SF The Learning Experience Day Care Center built in 2007. Long NNN lease with 12% rent increases every five (5) years. NOI $236K/yr. $2.703M. 8.75% Cap.
   - Corp guarantee
   - Growing/stable ($71K/yr) Detroit suburb
   - Just blocks from Lakeside Mall near I-53
4. Shopping Center in Whittier, CA: 22,028 SF shopping center on 1.27 acres of land built in 1985. 96% Occupancy. NNN leases except one unit. NOI $469K/yr. $6.350M. 7.4% Cap.
   - Location: Busy signalized intersection
   - National tenants: Coffee Bean and Tea Leas, Subway, H&R Block, ReMax and Supercuts
   $288.27 per SF.
5. Strip Center in Ridgeland, MS: 14, 872 SF nice-looking retail center on 1.71 acres constructed in 2005 anchored by Northpark Mall and Wal-Mart Supercenter. 83% Occupancy. NOI $237K/yr. 9.8% ACTUAL Cap.
6. Single tenant retail building in Atlanta, GA: 5683 SF single tenant retail building on .83 acre lot. NOI/Price not available. 10% Cap.
   - Great location just off of I-85
   - Adult Club/bar
   - Growing middle-class ($54K/yr) neighborhood
   
   © 2008 eFunding Inc. all rights reserved.

Lehman Brothers filing for bankruptcy

• Investors are scared of residential properties as there are so many foreclosures.
• With Lehman Brothers filing for bankruptcy and Dow dropping 500 points, they worry more about the volatility of the stock market.
• So at 7 or 8% caps, commercial properties look very attractive. I hope you see what I see.
  

Best picks of 09-12-08

1. Strip center in Yorktown, VA: 10,400 SF retails strip on 1.42 acres lot in a stable city North of Norfolk. 100% NNN leased by 4 good tenants. NOI $191K/yr. $2.55M. 7.5% cap.


2. Circuit City in Calumet City, IL: 33,237 SF retail building on 3.5 acres lot in front of 1.379 million Squarefeet River Oaks Center mall in Chicago suburb. 22 yrs absolute NNN lease with 7 yrs remaining. NOI $425K/yr. $3.7M. 11.5% cap.


3. Rite Aid Pharmacy in Mauldin, SC: 10,908 SF pharmacy at the intersection of 2 major arteries in Greenville metro. 100% NN leased. NOI $208K/yr. $2.607M. 8% cap.
   - Great location: across the street from Publix Supermarkets & Kmart.
   - Fast growing metro (28% since 2000)
   - Secured investment: tenant in recession-proof business.
4. Office/Retail center in Phoenix, AZ: 38,594 SF multi-tenant building on 2.86 acres lot with over 475K residents within 5 miles radius. 100% NNN leased. NOI $439K/yr. $5.168M. 8.5% cap!


5. Advance Auto Parts in Richmond, VA: 7000 SF brand new auto part center. New 15 yrs NNN lease by a public company (NYSE: AAP) with S&P rating of BB+/stable. NOI $113K/yr. $1.459M. 7.75% cap.


6. KFC in Woodburn, OR: 2430 SF KFC on ½ acre parcel just off I-5 exit in South of Portland. 20 yrs NNN lease with 17 yrs left. NOI $87K/yr. $1.116M. 7.8% cap.


7. Gold’s Gym in San Antonio, TX: 43,548 SF gym on 2.78 acres lot just off Loop 410 exit. 100% NNN leased till 2013. NOI $275K/yr. $3.35M. 8.41% cap.
   Corp run location with below market rent (est. by 40%): upside potential
   - Tenant spent $300K in improvements last year: indication of long term commitment.
   - Great location: near country club, TX University Health Center and Methodist Hospital.
8. Commercially-zoned land in Gilroy, CA: 1.67 acres lot at the corner of Hwy 152 and Santa Theresa and near Hwy 101. $2M.


9. Cy-Fair Urgent Care Center in Cypress, TX: 7200 SF Urgent Care clinic built in 2007 on 1.07 acres parcel in a fast growing (71% since 2000) and wealthy Houston metro. 100% NNN leased till 2015. NOI $169K/yr. $2.256M. 7.5% cap.
   Tenant in a growing, profitable and recession-proof business

© 2008 eFunding Inc. All rights reserved.

Best picks of 09-11-08

1. Taco Bell in Phoenix, AZ: 2246 SF well-kept Taco Bell Restaurant with drive-thru located on intersection surrounded by many national tenants. 100% NNN lease. NOI $74K/yr. $900K. 8.28% Cap.
   - Densely populated area
   - Close to Loop-202/Route-51
   - Great frontage
2. Strip Center in Katy, TX: 15,000 SF attractive retail center on 1.67 acres built in 2005 at signalized corner. 100% Occupancy. NNN. NOI $254K/yr. $3.250M. 7.83% Cap.
   Located in wealthy(MHI $94K/yr) Houston suburb
   - Near I-99
3. Village Springs Center Altamonte Springs, FL: 5000 SF maintained strip center on ½ acre with stable tenants blocks from Hwy-434 in Orlando suburb. 100% NNN leased. NOI $73K/yr. $1.050M. 7% Cap.
4. Panera Bread Restaurant in Collinsville, IL: 4,585 SF Panera Bread Restaurant with drive-thru on .97 acre lot built in 2007 located just of I-55. 15 years absolute NNN lease. NOI $158K/yr. $1.875M. 8.44% Cap.
   - Corp guaranty with 5% rent increases every five years
   - Anchored by Wal-Mart/Home Depot
   - 10 miles east of St. Louis
5. Wendy’s Restaurant on Sunnyvale, CA: 2,500 SF well-maintained Wendy’s Restaurant on 1.03 acre lot. 100% NNN lease. NOI $129K/yr. $2.245M. 5.75% Cap.
   - Conveniently located between Hwy 101/237 & 880
   - Upside potential: tenant currently paying below market rent
   - Prosperous area (AHI $95K/yr within 1 mile radius)
6. Office Building in San Jose, CA: 11,358 SF 11 units office building on Hamilton Ave on .59 acre lot built in 1963 with plenty of parking. NOI $191K/yr. $2.799M. 6.83% Cap.
   - Only $246 per SF.
   - Affluent neighborhood (AHI $115K/yr within 1 mile radius)
   - Price Reduced
   - Irreplaceable location: close to The Pruneyard near Hwy-17
   
   © 2008 eFunding, Inc. All rights reserved.

Best picks of 09-10-08

AHI: Avg Household Income
NOI: Net Operating Income
Please email brochure request to maria@efundingcom.com

1. Neighborhood Center in Farmington Hills, MI: 10,707 SF mature shopping center on about 1 acre lot renovated in 2002. 100% Occupancy. NNN. NOI $160K/yr. $2M. 8% Cap.
   - Prime location: major thoroughfare on I-10
   - Prosperous area: AHI $126K/yr within 1 mile radius
2. Southeast Regency Retail in Pearland, TX: 19,384 SF stone/stucco good-looking strip center constructed in 2007. 95% Occupancy. NNN leases. NOI $421K/yr. $5.165M. 7.75% Cap. (Proforma)
   - Across from Shadow Creek center
   - On hwy-288
   - Affluent (AHI $111K/yr) growing (87.22% since 2000) Houston suburb
3. Strip Center in Lexington, NC: 31,200 SF strip center in 5.19 acres of land anchored by new 203,000 SF Wal-Mart and Lowe’s Home Improvement. 100% NNN leased. NOI $468K/yr. $6.039M. 7.75% Cap.
4. Pearland Corners II in Pearland, TX: 16,336 SF one year old retail center on 1.9 acres of land. 90% Occupancy. NNN leases. NOI $328K/yr (proforma). $4.027M. 7.75% Cap.
   · Anchored by Walgreen’s across the street from Wal-Mart
   · Good tenant mix
   · Wealthy Houston suburb (AHI $91K/yr)
5. Day Care Center in Raleigh, NC: 9,020 SF Kiddie Academy Day Care Center on 1.45 acres built in 2007. 15-year NNN lease with 2% annual increases. NOI $206K/yr. $2.750M. 7.5% Cap.
6. Shopping Center in Coppell, TX: 24,577 SF attractive multi-tenant shopping center on 2.54 acres of land. 93% Occupancy. NNN. NOI $429K/yr. $6M. 7.16% Cap.
   · 10 tenants to spread out the risk
   · Close to I-35, I-635 & Hwy 12
   · All tenants with excellent visibility
   
   © 2008 eFunding, Inc. All rights reserved.

Best picks of 09-09-08

1. Crossroads II Shopping Center in Conroe, TX: 27,928 SF established center on 2.01 acres of land constructed in 1981 just blocks from I-45 in growing Houston suburb. 96% Occupancy. NOI $207K/yr. $2.675M. 7.75% Cap.
2. El Chico Restaurant in Mobile, AL: 6134 SF El Chico Restaurant on .97 acre lot. Long absolute NNN lease with 1.5% annual rent increases. NOI $119K/yr. $1.491M. 8% Cap.
   - Corp guaranty (Own & Operate over 75 locations)
   - Across from Colonial & Springfield regional malls
   - Just off I-65
3. Retail Center in Warren, MI: 29,700 SF attractive shopping center with great tenant visibility. NOI $195K/yr. $2.3M. 8.5% Cap.
   - Near Universal Mall
   - Growing/Densely populated area near I-75/696
   - Good tenant mix: Chinese Village, King Cellar, Hair Salon, Café and more.
4. Golden Corral Restaurant in Jonesboro, GA: 11,526 SF Golden Corral Restaurant on 6.69 acres built in 2004. 100% NNN leased. NOI $316K/yr. $4.335M. 7.3% Cap.
   - Great location: major commercial corridor (Tara Blvd)
   - Operated by the largest franchisee with more that 20 locations
   - Growing middle-class ($51K/yr) Atlanta suburb
5. Eagle Ranch Center in Katy, TX: 22,754 SF strip center in 2.17 acres of land built in 2005. 100% Occupancy. NOI $300K/yr. $3.760M. 8% Cap.
   - Strong tenant (national/local) mix: Chinese Restaurant, Wireless, Dental Office, Quizno’s, State Farm and Wamu.
   - Surrounded by many national retailers
   - High income neighborhood ($71K/yr within 1 mile radius)
6. Shopping Center in Rockford, IL: 20,620 SF well maintained retail center anchored by Ogli Supermarket on 2.5 acres of land built in 1999. 100% NNN leased. NOI $402K/yr. $5.360M. 7.5% Cap.
   - Ideally located on premier retail corridor with excellent visibility
   - Tenants benefit from traffic from being right in front of Kohl’s, Bed Bath & Beyond, TJ Maxx, Petco, OfficeMax and Michaels.
   - Good tenant mix: American Mattress, Chicago Home Fitness, Kinko’s and Men’s Warehouse
   
   © 2008 eFunding, Inc. All rights reserved.

Best picks of 09-08-08

1. Goodyear Tire Store in Sugar Land, TX: 7568 SF single-tenant Goodyear constructed in 2003 on 1.46 acres lot in fast growing (57% since 2000) and affluent (AHI $112K/yr) Houston suburb. 100% NNN leased till 2018. NOI $151K/yr with 10% rent bump every 5 yrs. $2.05M. 7.41% cap.
2. Shopping center in Lewisville, TX: 32,177 SF multi-tenant shopping center on a corner lot. 83% NNN leased. NOI $310K/yr. $3.8M. 8.17% cap.
   - Growing Dallas metro, close to I-35E
   - Upside potential: $50K/yr more income when 100% leased. Only $118/SF!
3. Smokey Bones Bar & Grill in Orlando, FL: 7680 SF restaurant on 1.67 acres corner lot. 20 yrs absolute NNN lease. NOI $244K/yr. with 1.75% annual rent bump. $3.147M. 7.75% cap.
   - Great location: at the entrance of Waterford Lakes Town Center Mall.
   - Strong corp guaranty by company with 70 locations.
4. Retail center in Tempe, AZ: 35,490 SF retail center on 3.17 acres parcel as part of a larger shopping center. 100% NNN leased by 2 national tenants: Dollar Tree and Smart & Final. NOI $266K/yr. $4.1M. Buyer to assume $2.65M loan at low 6% interest.
   - Below market rent of $.62/SF: upside potential.
   - Potential for further development
   - Below replacement cost of $115/SF
5. Borders Books & Music in Brandon, FL: beautiful 22,420 SF 5 yrs old single-tenant book store on 2.2 acres lot near 970,000 SF Westfield Brandon Mall. 100% NNN leased till 2023. NOI $404K/yr with 7.5% rent increase every 5 yrs. $5.775. 7% cap.
   - Great location: fast growing (38% since 2000) Tampa metro
   - Great existing fixed rate loan at 6.04% interest for another 16 yrs.
6. Retail center in La Quinta, CA: 8200 SF brand new 4-unit strip center on 1 acre outparcel to a shopping center anchored by Home Depot and Smart & Final. 3 units leased with 1 unit avail. Proforma NOI $285K/yr. $4.05M. 7% cap.
   - Fast growing (56% since 2000) and wealthy (AHI 110K/yr) city
   - Great location: surrounded by Walmart, Costco, Sam’s Club, Target.
7. Office Building in Naperville, IL: 23,579 SF class A 2-story modern office building on 2.33 acres parcel in a wealthy Chicago suburb with AHI over $111K/yr. 88% occupied. NOI $329K/yr. $4.1M. 8.02% cap.
8. Hotel in Phoenix, AZ: 87 unit Mainstay Suites built in 1997 on 1.86 acres across the street from Metro Center Mall. NOI $748K/yr. $6.8M. 11% cap.
   Winner of Choice Preferred Platinum award in 2007
   Pool/Spa, Exercise room, business center, breakfast dinning room.
   
   
   © 2008 eFunding, Inc. All rights reserved.

Best picks of 09-05-08

Please email brochure request to maria@efundingcom.com
AHI: Avg Household Income

1. Shopping center in Plano, TX: 78,742 SF 12-unit recently re-developed shopping center on 7 acres parcel. Located in a fast growing and affluent Dallas suburb with AHI of $112K/yr within 5 miles radius. 92.5% NNN leased. Proforma NOI $915K/yr. $10.75M. 8.5% cap.
   - Anchored by Anna’s Linens, Famsa Furniture, and Patricia shoes all with 10 yrs leases.
   - Upside potential
2. Shopping center in Waukegan, IL: 27,687 SF well-maintained shopping center on 2.6 acres in stable Chicago metro. 88% occupied. NOI $354K/yr. $4.75M. 7.46% cap.
   - Below market rent means potentially higher cash flow
   - Only $171/SF means upside potential for appreciation
3. Medical Office building in Oakland, CA: rare 24,888 SF 4-story medical office building. 94% leased. NOI $437K/yr. $6.25M. 7% cap.
   - 1 short block from Alta Bates Summit Medical center
   - Close to I-580, I-980 & Bay Bridge. A short distance to San Fran.
   - Stable tenancy: average 14 yrs.
4. Medical building in Columbus, OH: single-tenant medical office building in Columbus suburb. 100% NNN leased. NOI $147K/year. $1.47M. 10% cap.
   - Near Mt Carmel East hospital.
   - Easy access to I-270
5. Rite Aid in Rochester, NY: 11,348 SF Rite Aid built in 2000 on 1.36 acres parcel. 20 yrs NN lease with 12 yrs remaining. NOI $348K/yr. $4.35M. 8% cap.
   - Secure investment: tenant in recession-proof business
   - 10% rent increase in 2011 means 8.8% cap then
6. Smokey Bones Bar & Grill in Fairview Heights, IL: 8571 SF restaurant on 1.67 acres of land in St Louis metro. 20 yrs absolute NNN lease. NOI $174K/yr. with 1.75% annual rent increase. $2.117M. 8.25% cap.
   - Bustling retail area: close to St Clair Square Mall and Market Place Mall
   - Strong corp guaranty by an entity with 70 locations and $10 Million equity
   - Location with strong annual gross revenue of $2.63M: you will get your rent check
   - No landlord responsibilities: ideal for investors with a busy career
7. Shopping center in Parker, CO: 12,445 SF retail center in a booming (69% growth since 2000) and affluent Denver suburb with AHI of $101K/yr within 5 miles radius. 100% leased. NOI no avail. $1.9M.
8. Quality Inn & Suites in Arlington, TX: 119 units mostly 2-room suites on over 3 acres of land in a growing and strong income Dallas metro. $5.69M.
   - Near new Cowboy stadium
   - Tennis & basketball courts, swimming pool, exercise facility, guests laundry, meeting rooms.
   - On State Hwy 30 with easy access to I-30
   
   © Copyright eFunding, Inc. 2008

Best picks of 09-04-08

1. Childcare Retail Building in Independence Township, MI: 12,500 SF The Learning Experience childcare retail building recently constructed. New 15 years NNN lease. NOI $297K/yr. $3.3M. 9% Cap.
   - Close to I-75/M-15
   - Prosperous neighborhood (AHI $124K/yr. within 1 mile radius) Detroit suburb
   - Across Pine Knob Golf Course
2. Day Care Center in Las Vegas, NV: brand new 11,417 SF Tutor Time day care center on .92 acre lot. 15 years NNN lease. NOI $319K/yr. $4.560M. 7% Cap.
   - 2nd largest child care in the US
   - Stable residential area
   - Close to Hwy-215
3. Vantage Point Office Building in Colorado Springs, CO: 30,995 SF well maintained two brick buildings on 2.14 acres of land. 79% Occupancy. NNN. $2.475M. 8.41% proforma Cap. - Located at busy intersection near Hwy-83/I-25
   - Growing middle-class (AHI $67K/yr) neighborhood
   - On main thoroughfare
4. Fast Food Restaurant in Huntington Beach, CA: 2781 SF mature Carl’s Jr. Restaurant recently remodeled. NNN lease till 2020 with rent increases. NOI $50K/yr. and increase to $72K/yr in 2015 $920K. 5.5% Cap now and 7.8% in 2015.
   - Stable location: occupying building since 1974
   - Located in hard corner in a affluent Orange county
   - Anchored by a busy shopping center
5. Retail center in Stockton, CA: 5963 SF four tenant attractive strip center built in 2004 anchored by Food 4 Less across Save Mart, TJ Max, Toys R Us & Longs Drugs. 100% Occupancy. NOI $219K/yr. $3.130M. 7% proforma Cap.
   - Prime retail location at signalized intersection
   - Stable brand name tenants: Starbucks, Game Stop (Corp guarantee) T-Mobile & Cleaners
   - Close to I-5 and Hwy 99
6. Arden Howe Plaza in Sacramento, CA: 59,082 SF stable neighborhood shopping center on 5.68 acres of land. 96% Occupancy. NOI $953K/yr. $11.9M. 8% Cap.
   - Less that 1 mile from I-80
   - Blocks from Arden Fall Mall
   - Growing middle-class neighborhood (AHI $58K/yr)
7. Attractive Retail Center in Saginaw, TX: 10,500 SF well located strip center adjacent to O’ Reilly’s on 1 acre lot built in 2007. 90% Occupancy. NNN leases. NOI $171K/yr. $2.138M. 8% Cap.
   - Great frontage to Saginaw Blvd (US-81) near I-820
   - Good tenant mix: Little Ceasar’s, MetroPCS, EZ Money, Subway, Cleaners & Dental Office
   - Growing Fort Worth Texas suburb
8. Jiffy Lube in Arlington, TX: 1590 SF Jiffy Lube retail building on .45 acre lot constructed in 1987 surrounded by many national retailers. 20-years NNN lease with 1.5% annual rent increases. NOI $90K/yr. $1.1M. 8.18% Cap.
   - 3rd largest Jiffy Lube Franchisee currently operating over 112 stores
   - Located just off I-20 in growing Dallas/Fort Worth metro
   - Unusual corp lease guaranteed for first five years
9. Strip Center in Norcross, GA: 7,500 SF 3-tenant strip center on .94 acre lot built in 1994. $1.8M. 100% Occupancy. NNN. Good investment of 1st time investors. NOI $142K/yr. 7.9% Cap.
   - Anchored by Kroger Supermarket
   - Long term leases
   - Growing Atlanta suburb
10. King Plaza retail center in Houston, TX: 17,150 SF busy retail center on 1.3 acres of land across from new Sonic. 100% Occupancy. NOI $212K/yr. $2.6M. 8.17% Cap.
    - Growing development area
    - Great location near Tollway
    
    © copyright 2008 eFunding, Inc.

Best picks of 09-03-08

1. Lithia Oaks Business Center in Brandon, FL: 24,680 SF beautiful office building on 2.83 acres of land constructed in 2006. 96% Occupancy with 3%-4% annual increases. NOI $285K/yr. $3.350M. 8.53% Cap.
- Location: About .8 miles (3 minutes) from Brandon Regional Hospital, Tampa metro
- Near I-60
- Separate meters/entrances on all suites
2. La-Z-Boy in Morrow, GA: 17,930 SF La-Z-Boy Furniture retail building recently remodeled with about $400,000 in improvements. 100% NNN leased. NOI $310K/yr. $3.765M. 8.25% Cap.
- Outstanding location: Outparcel of South Lake Mall
- La-Z-Boy Corporate Lease
- 2008 Top performing store
3. Higley Marketplace in Gilbert, AZ: 13,635 SF upscale shopping center constructed in 2006 anchored by upscale fitness center. NNN leases. NOI $327K/yr. $4.679M. 7% Cap.
- Located across new Banner Gateway Medical Center
- Close to US-60
- Strong income neighborhood: AHI $94K/yr within 1 mile radius
4. Retail Center in Brentwood, CA: brand new 8,584 SF attractive Tuscan Architecture retail center on .87 acre lot. 100% NNN leased. NOI $265K/yr. $3.788M. 7% Cap.
- Adjacent to new Walgreens Drug Store
- Good tenant mix: It’s a Grind, Numero Uno, Cleaners, Nails and Diggers Diner
- Situated at signalized intersection with great access from three streets
- Growing (47.62%) high income area (AHI $93K/yr)
5. Pep Boys Supercenter in Stockton, CA: 20,923 SF Pep Boys Supercenter retail building on 1.43 acres of land. 100% NNN leased with 1.5% annual rent increases. NOI $230K/yr. $3.685M. 6.25% Cap.
- Corporate lease
- Pride of ownership
- Only $176 per sf
6. Applebee’s Restaurant in Victorville, CA: 5,086 SF Applebee’s Restaurant on 1.74 acre lot built in 2001. 100% absolute NNN lease. NOI $204K/yr. $3.4M. 6% Cap.
- Adjacent to Lowe’s and Kohls across from Regional Mall of Victor Valley
- Located in intersection of I-15 (Over 95,000 CPD)
- Leased till 2021 with 10% rent increase every 5-years+percentage rent clause
- Tenant is the 3rd largest restaurant franchisee
7. Strip center in Norcross, GA: 7,500 SF 3-tenant strip center on .94 acre lot built in 1994. $1.8M. 100% Occupancy. NNN leases. Good investment of 1st time investors. NOI not provided.
- Anchored by Kroger
- Long term leases
- Growing Atlanta suburb
8. Shopping Center in Phoenix, AZ: 28,363 SF well established shopping center. 97% Occupancy. $5.075M. Only $175 per sf. NOI not provided.
- Great potential: rent below market rent
- Near US-60

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Best picks of 09-02-08

1. King Plaza Center in Houston, TX: 17,150 SF strip center on 1.3 acres lot built in 2000. 100% Occupancy. NOI $212K/yr. $2.6M. 8.17% Cap.
   9-tenant to spread out the risk
   - Good visibility: Large Pylon Sign
   - Close to Sam Houston Tollway E
2. Valley & Rigsby Shops in Las Cruces, NM: 7,000 SF 2-years old strip center on over 1 acre lot with 4 tenants. 100% Occupancy. NNN leases. NOI $210K/yr. $2.745M. 7.65% Cap.
   - Good location: Off of I-10
   - Anchored by Super Mal-Mart
   - National/Local tenants: Starbucks, Cricket Wireless, Play N Trade & Barber
3. Joe’s Crab Shack in Duluth, GA: 9160 SF Joe’s Crab Shack Restaurant on 2.03 acres. 20 yrs absolute NNN lease with 12 yrs left. NOI $157K/yr. Just reduced to $2.1M from $2.34M. 7.54% Cap. Why buy this.
   - Low risk investment: lease guaranteed by strong credit tenant with 120+ locations in the US
   - Great location: signalized intersection close to I-85 and Gwinnett Place Mall anchored by Macy’s
   - Fast growing Atlanta suburb. Land alone is valued at over $1.5M
4. Retail Center in Lone Tree, CO: 3,750 SF attractive retail center recently constructed. Brand new 5-year leases with annual escalations. 100% NNN leased. NOI $105K/yr. $1.448M. 7.25% Cap.
   - Near I-25/470
   - Desirable location: adjacent to the Park Meadows Mall
   - Growing & High Income (AHI $103K/yr within 3-mile radius)
5. Japanese Cuisine Restaurant in Coral Springs FL: 7,265 SF Benihana Restaurant on 1.9 acres of land currently being redeveloped. 100% NNN lased. NOI $259K/yr. $3.586M. 7.25% Cap. Buyer to assume $2.2m at 7.16%.
   - 20 year lease with 12% increases every 5-years
   - Corporate Lease Guaranteed
   - Great location: an a prime commercial corridor just blocks from Coral Square Mall
6. Gateway Park Retail Center in Aurora, CO: 8,000 SF well situated multi-tenant strip mall with stable tenants. 100% NNN leased. NOI $177K/yr. $2.440M. 7.25% Cap. Buyer to assume loan at 6.60%.
   - National tenants: Ted’s Montana Grill, Quiznos & Einstein Brother’s Bagels
   - Stable tenants: Occupying building since 2003
   - Growing middle-class (AHI $62K/yr) Denver suburb
   - close to I-70
7. : 6,000 SF Blockbuster retail building constructed in 1997 anchored by SaveMart grocery store. 100% NNN leased. NOI $ 124K/yr. $1.779M. 7% Cap.
   - Across the street from Walgreen’s Pharmacy
   - Stable middle-class neighborhood
   - Surrounded by many national retailers
   
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