12-15: Shopping Center, Goodyear Tire, Multifamily, Red Robin 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.  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 $50K/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. Shopping Center in Henderson, NV: 34,707 SF shopping center consisting of five separate building with excellent tenant mix located at signalized high-traffic corner location in Las Vegas metro.  60% leased. Current NOI $349K/yr. $3.850M. 9.10% Actual Cap. Upside potential when fully leased.
2. Strip Center in Duluth, GA: 14,975 SF upscale multi-tenant strip center constructed in 2003 with local/national tenants: Moe’s Southwest Grille, Quizno’s, SportClips and State Farms in fast growing & affluent Atlanta metro (AHI $132K/yr in 1 mile). Across from Arena at Gwinnett Center.  100% leased. $3.270M.
3. Goodyear Tire in Ellisville, MO: 6232 SF single-tenant retail building outparcel to Home Depot along dominant retail corridor in affluent (AHI $125K/yr within 5-mile radius) St. Louis suburbs. Long NNN lease. NOI $75K/yr. $1.030M. 8.85% Cap.
4. Multifamily Buildings in Dallas, TX: 30-units well-maintained multifamily buildings surrounded by newer residential development with recent renovations totaling over $200K. 90% leased. NOI $128K/yr. $1.3M. 10% Proforma Cap.
5. Red Robin Restaurant in Kent, WA: 7541 SF beautifully maintained free-standing retail building constructed in 1993 on 2.13 acres of land in growing northeast of Tacoma. 100% NNN rare corp leased. NOI $174K/yr. $3.835M. 8.5% Cap.
6. Strip Center in Santa Ana, CA: 8395 SF well-maintained strip center on .62 acre lot at signalized hard corner location with excellent tenant mix. 100% NNN leased to 5 tenants. NOI $270K/yr. $3.533M. 7.65% Cap.
7. Retail Center in Houston, TX: 7630 SF retail center on .69 acre pad with excellent visibility in fast growing area. $1.750M. 8.5% Cap.

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