10-22: Shopping Centers, Arbys, Apartments For Sale; Seminar/Webinar

1.      Shopping Center in Grapevine, TX: 18,694 SF 2 building retail center built in 2006 on 1.72 acres lot across from 200-store 1,600,000 SF Grapevine Mills Mall in high income (AHI $110K/yr) Dallas metroplex.  100% NNN leased to 6 tenants.  NOI $422K/yr. $6.698M. 9% cap.

2.      Strip center in McAllen, TX: 9000 SF 7-unit retail center built in 2005 on .72 ac corner lot.  NOI $120K/yr. $1.65M. 8% cap.

3.      Retail Center in Spartanburg, SC: 9833 SF new retail center on .8 ac outparcel to a shopping center anchored by Super Wal-mart and Home Depot.  Near Westgate Mall & adjacent to I-26.  100% NNN leased by 3 tenants.  NOI $217K/yr. $2.55M. 8.51% cap.

4.      Shopping Center in Fairview Heights, IL: 59,398 SF shopping center built in 2009 on 5.9 acres lot just off I-65 exit in Saint Louis metro.  Surrounded by St Claire Square Mall, Market Place shopping center and Crossroads Center. 100% NNN leased by 4 tenants: Jo-Ann Fabrics, Party City, Monkey Joe’s, and Achievers.  NOI $626K/yr.  $7.895M. 7.93% cap.

5.      Arbys in Stillwater, MN: 4337 SF restaurant built in 1998 in affluent Minneapolis suburbs (AHI $97K/yr).  100% NNN leased till 2021.  NOI $97K/yr. $1.251M. 7.75% cap.

6.      Apartments in Salem, OR: 156-unit apartments built in 1997 on 6.46 acres lot in a stable city.  NOI $656K/yr. $9M.  7.29% cap.

7.      Apartments in Redwood City, CA: 9-unit multi-family in wealthy Silicon Valley (AHI $139K/yr).  100% occupied.  NOI $70K/yr. $1.199M.

8.      Apartments in Tampa, FL: 220-unit apartments on 12.7 acres parcel in a stable city.  60% occupied. Pro forma NOI $631K//yr. $4.5M.  $12.8% pro forma cap.  Just over $20K/unit.

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!