Thursday, January 24, 2013

01-10: FREE SEMINAR, Rite Aid, Auto Center, Office Building, Shopping Centers



Date: Sat Jan 26, 2013
Time: 9:25AM to 12 noon
Place: Transmercial at 1340 Tully Rd.  suite 307.  San Jose CA 95122
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
  • 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 instructions will be emailed 1 week before the presentation date.

  1. Rite Aid in Highland Township, MI: 11,180 SF Rite Aid built in 2000 at main corridor & in high income Detroit suburbs. 100% NNN lease till 2020. NOI $369K/yr. $4.223M. 8.75% cap.
  2. Strip Center in Crete, IL: 10,200 SF strip center on 1.25 ac lot in affluent (AHI $113K/yr) Chicago suburbs. 100% NNN leased with a strong tenant mix. NOI $130K/yr. $1.415M. 9.25% cap.
  3. Retail Center in Yorktown, VA: 3994 SF retail center on .73 ac corner lot in affluent (AHI $102K/yr in 1 mile) city North of Norfolk. Across from CVS Pharmacy and along Hwy-17. 100% NNN leased to Starbucks, Supercuts and Dry cleaner. NOI $150K/yr. $1.95M. 7.70% cap.
  4. Retail Center in Moreno Valley, CA: 3510 SF retail center remodeled in 2007 on/off ramp Fwy-60. Adjacent to Moreno Valley Mall and near Kaiser Permanente. 100% NNN leased. NOI $123K/yr. $2.055M. 6% cap.
  5. Office Building in Corona, CA: 6220 SF Class-A two-story office building on .12 ac lot in prosperous Riverside County with an AHI of $130K/yr within 1 mile. Easy access to Hwy-91. 70% leased. NOI $90K/yr. $999K. 9% cap (Note: probably pro forma).
  6. Auto Center in Sunnyvale, CA: 4800 SF 5-bay auto repair facility on .34 ac lot in the middle of Silicon Valley with AHI of $113K/yr. in 3 miles. 100% NNN leased to 3 stable tenants. NOI $105K/yr. $1.6M. 6.56% cap.
  7. Retail Center in Bellingham, WA: 15,800 SF high quality constructed retail center built in 2009 on 1.84 ac lot in growing city. At main entrance of Whatcom Community College and near Bellis Fair Mall and I-5. 88% NNN leased. NOI $231K/yr. $3.1M. 7.50% cap. Upside potential when fully leased.
  8. Retail Center in Odessa, TX: 8500 SF retail center built in 2011 on 1.52 ac outparcel to a Walmart Supercenter. 100% NNN leased to 3 national tenants. NOI $107K/yr. $1.28M. 8.39% cap.
  9. Retail Center in Bloomingdale, IL: 14,300 SF well maintained mature  retail center on 1.27 ac lot anchored by a 6,000 SF Concentra Immediate Care. Along main retail corridor in high income (AHI $93K/yr in 3 mile) Chicago suburbs. Close to 1.3 Million SF Stratford Square Mall.  100% leased. NOI $187K/yr. $1.785M. 10.48% cap.
  10. Shopping Center in Clovis, CA: 48,770 SF retail center on 5.75 acres of land at a major retail corridor in Fresno suburbs. Shadow-anchored by Save Mart Supermarket and close to Sierra Vista Mall. 98% NNN leased. NOI $656K/yr. $9.25M. 7.10% cap.

© Transmercial 2013

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