10-15: Shopping Centers, Apartments, Rite Aid for sale. Seminar/Webinar

1.      Shopping center in Pasadena, TX: 163,992 SF established regional shopping center on 13.23 acres lot in Houston metro.  Anchored by Big Lots!, Dollar Tree, Surplus Warehouse, Cato Fashion,  and Value Mart. 95% leased.  NOI $710K/yr. $7.45M. 9.53% cap.

2.      Apartments in Houston, TX: 180-unit apartments built in 1982 on 5.49 acres lot with neighborhood lake and park. 93% occupied.  NOI $501K/yr. $5.65M. 8.6% cap.

3.      Apartments in Pittsburg, CA: 30-unit apartments 30 miles NE of San Fran. 90% occupied.  NOI $206K/yr. $2.95M. 9% cap.

4.      Rite Aid in Marlborough, MA: 13,363 SF drug store on 1.83 acres lot in strong income Boston suburbs.  New 20 yrs absolute NNN lease.  NOI $276K/yr with 10%$ rent bump every 10 yrs.  $3.329M. 8.3% cap.

5.      Bank-owned Shopping Center in Highland, CA: 14,337 SF retail center built in 2007 on 1.97 acres lot in area with strong income.  95% leased.  NOI $182K/yr. $2.6M. 7% cap.

6.      Carl Jr in Norman, OK: 3527 SF restaurant on .86 acres lot in high income area (AHI $72K/yr) with easy access to I-35.  New 20 yrs absolute NNN lease to an operator with 39 units.  Tenant will spend $150K to remodel the property.  NOI $75/yr with 10% rent bump every 5 yrs.  $1M. 7.5% cap.

7.      Condominiums in Garland, TX: 33-unit well-kept condominiums on 2 acres lot in Dallas suburbs.  New paint, new carpet, all new appliances, cabinets and counter tops both in kitchen and all bathrooms. New faucets, lighting, light switches ceiling fans.  80% occupied.  Gross income $196K/yr. $2.15M.

8.      Retail Office Center in Houston, TX: 63,549 SF 2-story retail office complex built in 1986 on 3.74 acres lot. 80% leased.  NOI $345K/yr. $3.84M. 9% cap.  Just $60/SF!

9.      Single tenant retail center in Orem, UT: 3154 SF single-tenant retail building on a hard corner lot with easy access to I-15 in Salt Lake city metro.  10 yrs NNN lease to Techna Glass, a regional tenant with personal guaranty from its CEO. NOI $114K/yr. with 2% annual rent bump.  $1.382M. 8.25% cap.

10.   Shopping Center in Hagerstown, MD: 140,014 SF shopping center on 13.93 acres lot.  Anchored by Save A lot Grocery, and Jo-Ann Fabrics. 96% leased.  NOI $711K/yr. $7.9M. 9% cap.   Just $56/SF. 

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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!