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.
AHI: Avg. Household Income. National average is about $50+K/yr.
NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.
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. LA Fitness Center in Arlington, TX: 45,044 SF trophy fitness center built in 2007 on 4.65 acres lot with I-30 visibility. 15 yrs NNN corp lease with 11 yrs remaining. NOI $697K/yr with CPI-based rent bump every 5 yrs. $7.75M. 9% cap.
2. Shopping Plaza in Orlando, FL: 52,381 SF shopping plaza on a hard signalized corner in high income area. Anchored by Winn-Dixie Supermarket with strong store sales of almost $300/SF. Renovated in 2008-2009. 80% leased. Current NOI $373K/yr. $4.75M. 7.85% cap. Upside potential when fully leased.
3. DaVita Dialysis Center in Yuma, AZ: 7600 SF dialysis center built in 2009 on .91 ac lot. 10 yrs NNN corp lease with 9 yrs remaining. NOI $165K/yr. with 2% annual rent bump. $2.074M. 8% cap.
4. Goddard School in McKinney, TX: 8068 SF childcare center built in 2009 on 1.44 acres lot in a fast growing (235% between 2000-2009) affluent community (AHI $113K/yr in 3 miles) in Dallas Northern suburbs. 15 yrs NNN- lease. NOI $220K/yr. $2.316M. 9.5% cap.
5. Shopping Center in Fresno, CA: 87,850 SF established shopping center on 8.61 acres corner lot. Anchored by 99-Cents Store and dd’s Discounts (owned by Ross). 100% leased. NOI $624K/yr. $7.35M. 8.5% cap.
6. Shopping Center in Burlington, NC: 30,772 SF shopping center on 2.5 acres lot in a stable city. Anchored by 24,772 SF Dollar Tree store. 100% leased to 4 tenants plus bank ATM. NOI $185K/yr. $1.99M. 9.3% cap.
7. Shopping Center in Burlington, NC: 42,500 SF mature shopping center on 3.5 acres lot. Anchored by Maxway, Family Dollar, AutoZone. 100% leased to 4 tenants. NOI $118K/yr. $1.29M. 9.14% cap.
8. Shopping Center in Pearland, TX: 9000 SF retail center built in 1999 on 1 acre lot in growing middle-class Houston metro. 100% leased to 3 tenants: Sherwin William Paint, Donut/sandwich shop and a medical tenant. NOI $126K/yr. $1.4M. 9% cap.
9. Apartments in Oakland, CA: 12-unit apartments on 1/3 ac lot. 92% occupied. NOI $91K/yr. $844K. 10.8% cap.
10. AutoZone in Conyers, GA: 7380 SF auto part store built in 2006 on 1.27 acres lot in commercial corridor in high income, high growth Atlanta suburbs. 20 yrs NNN- lease. NOI $121K/yr. $1.675M. 7.25% cap.
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