The operator of this Great China Buffet has a total of 10 locations of which 5 are located in Arizona and 5 are in Las Vegas. Their menu features a variety of standard Chinese cuisines as well as sushi for a reasonable price.

The subject property is conveniently located just east of Paradise Valley Mall. Paradise Valley Mall is a regional shopping center with ease of single-level shopping experience; The Center anchors a multi-use development known as Paradise Valley Urban villages with combined retail square footage of over 3,084,000. Paradise Valley Mall is anchored by Macy's, Dillards, Sears and JC Penny. Super Wal-Mart opened behind the subject property on January 26th, 2008. Other retailers in the immediate area include: Pier 1 Imports, Target, Super Wal-Mart, Ross Dress For Less, CVS Pharmacy, Walgreens, Osco Drug, Red Lobster, Olive Garden, Chick-Fil-A, Outback Steakhouse, Arby's, Outback Steakhouse, Wendy's, Chili's, Taco Bell, Ruby Tuesday, Subway, McDonald's and IHOP.

Paradise Valley Mall and the surrounding Urban Villages will undergo a multi-phase, multi-year redevelopment encompassing landscaping, signage, and a renovation to give the properties an updated look. The redevelopment includes a color-filled and unified landscaping theme throughout each retail corner along Cactus Rd. and Tatum Blvd, increase the number of plants and trees and improve pedestrian experiences with additional walkways and new pedestrian shade amenities.

Phoenix is the capital and the most populous city of the state of Arizona and the county seat of Maricopa County, as well as being the largest state capital in the U.S. by population. It is located along the banks of the now normally dry Salt River. It was incorporated as a city on February 25, 1881. The city's estimated population as of 2006 was 1,512,986, making it the fifth largest city in the United States. As of 2006, the Phoenix Metropolitan Statistical Area (MSA) was the 13th largest in the United States, with an estimated population of 4,039,182. The Phoenix area is surrounded by the McDowell Mountains to the northeast, the White Tank Mountains to the west, the Superstition Mountains far to the east, and the Sierra Estrella to the southwest.

Phoenix is currently home to three major Fortune 1000 companies: electronics corporation Avnet, Apollo Group (which operates the University of Phoenix), and mining company Freeport McMoRan. Honeywell hosts many factories for the building of military grade engines, as well as their company network gateway in Phoenix. Intel has one of their largest sites in Arizona, employing about 11,000 employees and 3 chip manufacturing fabs. American Express hosts their financial transactions, customer information, and their entire website in Phoenix. The area is also home to US Airways Group, a Fortune 500 company located in Tempe. Nearby Scottsdale is also home to Allied Waste Industries, Inc. (also listed on the Fortune 500), the second largest non-hazardous solid waste management company in the United States. Phoenix is also home to the headquarters of U-HAUL International, a rental company and moving supply store.

Cap Rate: 11.00%

Leasehold Estate. Landlord shall maintain and repair the roof of the bulding.

This property is subject to a ground lease with 17 years left remaining on the lease (including option periods).

Maring Restaurant Group III, LLC is subleasing to Great China, Inc with a Personal Guarantee.

*NOI of $111,569 is an average rent over 5 year period. Current NOI is $101,109.40 with an estimated 2.50% annual rent increases.