1. Red Robin in Algonquin, IL: 6429 SF franchised restaurant on 1.44 acres parcel in fast growing and affluent (AHI 100K/yr) Chicago suburbs. Nearby national retailers include Home Depot, Walmart Supercenter, Office Depot, Best Buy, Target, Walgreens and JCPenney. New 20 yrs absolute NNN lease. NOI $242K/yr. with 7% rent bump every 5 yrs. $2.868M. 8.46% cap.
2. Bank-owned Retail Plaza in Las Vegas, NV: 18,685 SF 11-unit inline retail center built in 1997 in high growth (94% since 2000) middle-class area. Shadow anchored by CVS Pharmacy and Checker Auto. Across from Home Depot, Office Depot, Petsmart, and Vons Supermarket. 79% leased. Current NOI $226K/yr. $2.95M. 7.68% actual cap. Upside potential when 100% leased.
3. Office building complex in Turlock, CA: 39,650 SF 9-building medical/professional office complex on 3.3 acres lot. NOI $806K/yr. $6.2M. 11% cap.
4. Office building in Flower Mound, TX: 11,013 SF medial/professional office building in growing & affluent (AHI $111K/yr) Dallas suburbs. 100% leased. NOI $221K/yr. $2.8M. 7.9% cap.
5. Red Roof Inn in Houston, TX: 122-unit hotel built in 1997 on 3.34 acres lot with frontage on US-290. NOI $206K/yr. $2.75M. Priced below replacement cost.
6. Short-sale Apartments in Fresno, CA: 124 unit apartments built in 1984 on 5.14 acres lot. NOI $429K/yr. $4.2M. 10.23% cap.
7. Fresenius Medical in Berwyn, IL: 11,918 SF dialysis center on .94 ac corner parcel in a densely-populated area with over 600K residents within 5 miles. Tenant recently spent $1.5M remodeling the property. 100% corp NNN lease till 2019. NOI $197K/yr. $2.385M. 8.28% cap.
8. Shopping Center in Lodi, CA: 123,736 SF shopping center on 10.9 acres lot. Anchored by K-mart and shadow anchored by Orchard Supply and Big Lots. 97% leased. NOI $898K/yr. $11.23M. 8% cap.
9. Burger King in Springfield, MO: 3437 SF restaurant on 1 acres outparcel to a shopping center. 100% NNN lease with 8 yrs remaining. NOI $123K/yr. $1.543M. 8% cap.
10. Applebee’s in Kansas City, KS: 5852 SF family restaurant in the heart of Village West Retail Center anchored by Target, JCPenny, Legends 14 Theater Complex, Nebraska Furniture Mart, Kansas Speedway, Hollywood Casino, KC Soccer Stadium. Restaurant has been here for 7 yrs. New 20 yrs NNN lease. NOI $177K/yr. $2.36M. 7.5% cap.
FREE “How to invest in commercial real estate” seminar/webinar.
Date: Sat Nov 13, 2009
Time: 8:55AM to noon PST
Place: Transmercial at 1340 Tully Rd. suite 307. San Jose CA. You can also attend the seminar remotely if you have a PC with Internet access (to see the presentation) and phone (to listen in and ask questions).
Presenter: David Tran
This seminar is intended for investors who would like to understand the fundamentals of commercial real estate investment:
- Compare commercial vs. residential investment properties.
- Commercial real estate terminology: cap rate, NOI, etc.
- Which property type should you invest? Shopping strip, Office building, Apartment, or Gas station? Single tenant or multi-tenant properties?
- How to choose a good investment property.
- Investment returns
- When is a best time to invest in commercial real estate?
- National demographic trends that may influence on where to invest
- Where should you invest?
- Leases: gross lease, net lease, & percentage lease. Which one investors prefer?
- Property Management issues.
- What you should know about financing for commercial properties.
- The offer process, due diligence.
Please use attached form for reservation for both seminar and webinar. Webinar instruction will be emailed 2 weeks before the presentation date.
As usual, the seminar is absolute free with no obligations whatsoever. If you feel you learn something very valuable and wish to do something to Transmercial in return, Transmercial encourages you to make a tax-deductible donation to Franciscan Charity. This organization helps the disabled, orphans, and poor in Vietnam, and Cambodia. With $500 donation you can save a live by paying for a heart surgery!
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