Welcome new investors. Each property has a brief description and an one-page flyer (attached). For a full marketing brochure, please email to maria@transmercial.com. Previous lists are posted on Transmercial’s blog.
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.
NNN-: Triple net lease with landlord responsible for roof and structure.
1. Shopping Center in Chicago Heights, IL: 35,673 SF 6-unit shopping center on over 3 acres lot in Southern Chicago suburbs. Anchored by 3 national tenants: Dollar Tree, Rent A Center., and Autozone. 100% NNN leased. NOI $540K/yr. $6.350M. 8.5% cap.
2. Single tenant retail center in Homestead, PA: 2907 SF free-standing retail center on .87 ac lot in 1.5 Million SF water-front Lifestyle center anchored in Pittsburg metro. Surrounded by Target, Giant Eagle, and Dick's Sporting Goods, Macy's, Loews Theater, Costco, Bed, Bath & Beyond, Best Buy, Barnes & Noble, Marshalls, Old Navy and Lowe's. 100% NNN leased to Vitamin Shoppe (NYSE: VSE). NOI $139K/yr. $1.744M. 8% cap.
3. Starbucks Strip Mall in Pensacola, FL: 3850 SF strip center built in 2008 on 1.25 acres lot. 100% NNN leased to Starbucks and a local Orthodontist. NOI $185K/yr. $2.05M. 9.03% cap.
4. Advance Auto Parts in Lawrenceville, GA: 7000 SF auto parts center built in 2007 on 1.6 acres lot in middle class Northeast Atlanta suburbs. 15 yrs NNN lease with 12 yrs remaining. NOI $139K/yr. $1.792M. 7.8% cap.
5. Applebee’s in Mesa, AZ: 5934 SF family restaurant built in 1998 on .9 ac outparcel in strong income Phoenix metro. 15 yrs absolute NNN lease to an operator with 90 locations. NOI $213K/yr with annual rent bump. $2.509M. 8.5% cap.
6. Family Dollar Store in Calumet City, IL: 8000 SF dollar store on .6 ac lot in Chicago metro. 10 yrs NN lease. NOI $110K/yr. $1.257M. 8.75% cap. Recession resistant tenant.
7. Mixed Use in San Fran, CA: 3438 SF 5-unit mixed-used bank-owned building with 2 retail units on 1st floor and 3 units residential on 2nd floor in affluent area with AHI $124K/yr within 1 mile. NOI $96K/yr. $1.3M. 7.39% cap.
8. Arby’s in Colorado Springs, CO: 3246 SF restaurant built in 2005 on .83 acre outparcel to a shopping center anchored by King Soopers Grocery. 15 yrs absolute NNN lease with 10 yrs remaining to the largest Arbys franchisee with 260 locations. NOI $129K/yr. with 7.5% rent bump every 5 yrs. $1.7M. 7.59% cap.
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