It’s a boy!
For those who know my assistant Maria, she just gave birth to a baby boy at 6:20AM today.
Name: Obadiah Martinez. It’s biblical name.
Weight: 7 lbs 9 oz
Length: 20 inches
Mom, dad, baby all are doing fine.
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. Shopping Center Cumming, GA: 14,837 SF shopping center built in 2008 on 1.3 acres lot high affluent Atlanta suburbs. Anchored by Sears Hardware store. Across from Kohl’s, Target and Ross. 33% NNN leased with 7 small vacant units. NOI not avai. Just $1.1M. Just $74/Sf. Strong upside potential when fully leased.
2. Shopping Center in Appleton, WI: 29,000 SF shopping center on 1.71 acres corner lot. Anchored by Dollar General. 90% leased. NOI 99K/yr. Just $1M. 9.9% cap.
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