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. Please click here to see how Transmercial selects the following properties among 300-400 properties on the market today.
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. Office building in Conyers, GA: 10,000 SF office building on 1 ac lot on a high-trafficked I-20 in growing Atlanta metro. New 5 yrs NNN lease by an established CPA firm. NOI $117K/yr. $1.425M. 8.25% cap.
2. Wendy’s restaurant in Deltona, FL: 2761 SF restaurant on .84 acre outparcel to Albertson’s/Save On Food anchored shopping center NE of Orlando. Just off I-4 exit. New 20 yrs absolute NNN lease to a franchisee with 40 units. NOI $151K/yr with 8% rent bump every 5 yrs. $1.888M. 8% cap.
3. Wendy’s restaurant in Clermont, FL: 3048 SF restaurant on .63 ac lot on Hwy 50 at Hwy 27 just West or Orlando. Fast growing area where population doubled since 2000. New 20 yrs absolute NNN lease from operator with 40 units. NOI $106K/yr. 8% rent bump every 5 yrs. $1.382M. 7.7% cap.
4. Save Mart Supermarket in San Jose, CA: 43,000 SF supermarket on 4.8 acres lot as the anchored tenant in a neighborhood shopping center in a stable and affluent Silicon Valley area (AHI $120K/yr within 1 mile). 100% NNN leased till 2020. NOI $280K/yr. $5.1M. 5.5% cap. Just $118/SF!
5. Short-sale Apartments in Maywood, CA: 13-unit apartments in densely-populated Los Angeles area with over $900K residents within 5 miles radius. NOI $79K/yr. $880K/cap.
6. Walgreens in Roseville, CA: 15,120 SF drug store built in 2000 on 1.6 acres corner lot in a growing middle-class Sacramento area. 100% NNN- lease. NOI $374K/yr. $4.675M. 8% cap.
7. Medical Office building in Madera, CA: 43,502 SF single-tenant medical office building built in 1999 on 3.74 acres lot in a upper middle class Fresno/Clovis metro (AHI $97K/yr). 100% NNN leased to Children’s Hospital Central CA, a 338-bed pediatric hospital across the street with over $500M in assets. NOI $855K/yr with CPI-based rent bump. $11.4M. 7.5% cap.
8. Retail Center in Georgetown, TX: 15,300 SF multi-tenant retail center on 1.11 acres corner lot in growing Austin suburb. Completely remodeled in 2005. 100% leased. NOI $245K/yr. $2.65M. 9.26% cap.
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