- Jiffy Lube & Carwash in Stevenson Ranch, CA: 4382 SF Jiffy Lube and Carwash built in 1996 in a prime commercial corridor just off I-5 in a wealthy Santa Clarita area (AHI over $101K/yr). New 20 yrs NNN lease. NOI $169K/yr with 10% rent bump every 5 yrs. $2.303M. 7.35% cap.
- Luxury Apartments in West Seneca, NY: 42-unit apartments built in 2004 on 4.5 acres lot in high income Buffalo suburbs. Large units of over 1000 SF. 80% occupied. Proforma NOI $376K/yr. $4.4M. 8.5% cap proforma.
- Shopping center in Santee, CA: 22,057 SF 12-unit shopping center on a corner lot in San Diego metro. Occupancy & NOI not avail. $3.3M. Less than $150/SF!
- Apartments in Seattle, WA: 12-unit 3-story apartments complex just a few blocks from Lake Washington. NOI $94K/yr. $1.449M. 6.5% cap.
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These are the 10 best commercial properties among 300-400 daily listings between $1M-$30M in all 50 US states listed by CBRE, Marcus Millichap, SVN, etc. The properties are selected based on various criteria: price, cap rate, and more (please read "How properties are selected" article.)
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