Friday, January 4, 2013

12-21: Strip Mall, MOB



Welcome new investors.  Transmercial is the only company that offers this list of best properties between $700K to $20M in 50 states.  Each property has a brief description and a flyer (attached).  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).  Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. 

Below are the most commonly used acronyms:

  • 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.  Strip Mall in Fontana, CA: 7194 SF strip center built in 2008 on 2/3 ac lot across from Walmart.  86% NNN leased to 5 tenants with 1 avail unit.  Current NOI $185K/yr. $2.1M. 8.81% cap. 
  2. Medical Office Building in Redwood City, CA: 7000 SF medical office building in the middle of affluent Silicon Valley.  100% NNN leased to 3 tenants.  NOI N/A.  $2.5M.


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