09-30: Red Robin, Stater Bros, Shopping Centers For Sale

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 after 2 weeks delay. 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.  Used by Transmercial only.

1. Strip Center in Rancho Cucamonga, CA: 7200 SF recently constructed multi-tenant strip center across from renowned Ontario Mills Mall at major intersection. 100% NNN leased by nationally recognized tenants. NOI $279K/yr. $3.991M. 7% Cap. 
2. Shopping Center in Lisle, IL: 39,800 SF well-maintained shopping center with excellent tenant mix: Angle Nails, Puppy Palace, Johnies Red Hots, Weldon Home Center, Lisle Liquors, Cleaners, Hong Kong Chef, Dance Studio, Resale Shop and Pizza and hard corner location in fast growing Chicago suburbs. 97% leased. NOI $337K/yr. $3.750M. 9%Cap.    
3. Red Robin Restaurant in Algonquin, IL: 6429 SF single-tenant Red Robin Restaurant on 1.44 acres of land in growing (25.64%) wealthy (AHI $100K/yr within 1 mile radius) Chicago metro. Long absolute NNN lease with 7% rent increases every 5-years. NOI $242K/yr. $2.950M. 8.22% Cap.
4.  Restaurant in Jacksonville, FL: 8245 SF single-tenant retail restaurant constructed in 2004 across from Regency Square Mall close to I-113/10. 100% NNN leased. NOI $220K/yr. $2.7M. 8% Cap. 
5. Stater Bros in Colton, CA: 26,455 SF single-tenant retail building on 2.39 acres of land with excellent freeway visibility in densely populated city. 100% NNN leased grocery chain with over 165 stores. NOI $154K/yr. $2.135M. 7.25% Cap. 
6. Retail Center in Charlotte, NC: 12,000 SF retail center built in 2000 at high traffic location fully occupied with long term NNN leases. NOI $193K/yr. $1.990M. 9.7% Cap.  
7. Retail Building in Tucson, AZ: 10,838 SF multi-tenant retail building close to El Con Regional Shopping Center at corner location. 100% NNN leased by three tenants. NOI $121K/yr. $1.346M. 9% Cap.
8.  Strip Center in Anaheim, CA: 8100 SF strip center outparcel to Target in stable middle- class city with over 650K residents within 5 miles ring.  Easy access to I-5.  Completely remodeled in 2009.  100% NNN leased with stable tenants.  NOI $160K/yr. $2.295M. 7% cap. 

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