Welcome new investors. Transmercial
is the only company in the US that offers this list of best properties between
$700K to $20M in 50 states. These properties are selected from 300-400
daily listings on CBRE, M&M, SVN, and various other sources.
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
for selection criteria. 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. Transmercial will guide you
thru the whole acquisition process if needed. It will track all the
issues via the "Due Diligence Summary" report until they are all
resolved prior to closing.
Below are the most commonly used acronyms:
- AHI: Avg. Household Income. National average is about
$55+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.
- Retail Center in Union Township, OH: 12,442 SF attractive
retail center built in 2006 on 1.83 ac lot in growing Cincinnati suburbs.
100% leased by a strong mix of local and national tenants. Across from Meijer Supermarket. NOI $244K/yr.
$2.877M. 8.50% cap.
- DaVita in Fairfield, CA: 8555 SF
state-of-the-art dialysis center completed in 2014 on .84 ac lot in a
growing and upper middle-class Solano County between Sacramento and San
Francisco. Close to 132-bed NorthBay Medical Center, Solano Town Center
with over 135 stores and I-80. 15-yrs NNN- corp lease with over 14-yrs
left. NOI $283K/yr with 10% rent bumps every 5-yrs. $4.926M. 5.75% cap.
- Mixed-Use in Santa Clarita, CA: 29,853 SF well
maintained office/retail center on over 1 ac lot in densely populated and
high income (AHI $85K/yr in a 5 mile ring) Los Angeles suburbs. NOI
$330K/yr. $6.35M. 5.14% cap.
- Apartments in Fresno, CA: 26-units well kept
multifamily complex in a fast growing middle-class area. Near shopping
centers and Hwy-180. 93% occupied. NOI $103K/yr. $1.508M. 6.83% cap.
- Retail Center in Southaven, MS: 15,900 SF attractive
retail center built in 2007 on 2.29 ac lot in growing Memphis suburbs.
Close to249-bed Baptist Memorial Hospital-Desoto and I-55. 100% NNN leased
to Belhaven University, Ageless Men’s Health, Firehouse Subs, Batteries
Plus, AAA, Sport Clips and Swankys Taco Shop. NOI $275K/yr. $3.5M. 7.87%
cap.
- MOB in Lewisville, TX: 10,000 SF medical office
building in fast growing Dallas suburbs. Across from Medical Center of Lewisville and
close to I-35E. 93% leased. NOI $108K/yr. $1.3M. 8.38% cap.
- Sherwin Williams in Haddon Heights, NJ: 5773 SF single tenant
retail building in high income Philadelphia suburbs with an AHI of
$83K/yr. Tenant has been at this location for 45-yrs. 100% NNN- lease with
5-yrs left. NOI $57K/yr. $792K. 7.20% cap.
- Strip Center in Yucaipa, CA: 5907 SF strip center on
.69 ac lot at a signalized location in San Bernardino County. Good
demographics: 120% pop growth since 2000 & AHI of $91K/yr in 1 mile
ring. 100% NNN leased. NOI $136K/yr. $2.028M. 6.75% cap.
- Hereford
House in Leawood, KS: 11,055 SF Steakhouse Restaurant on 1
ac outparcel to Town Center Plaza, a Power Center with over 90 stores,
including AMC Theatres, Macys, Barnes & Noble and Dicks Sporting
Goods. Near Menorah Medical
Center and Sprint Campus World HQ. New 15-yrs NNN lease. NOI $254K/yr
with annual rent increases. $3.512M. 7.25% cap.
- Denny’s in Carpentersville, IL: 7022 SF franchised
restaurant on 1.41 ac lot at a signalized entrance to Spring Hill Mall
with over 120 stores in growing and high income Chicago suburbs. Tenant
has been at this location for 20-yrs. Recently extended absolute NNN
lease with over 7-yrs left to strong operator with 27-units. NOI $125K/yr
with 1% annual rent increases. $1.75M. 7.16% cap.
(c) Transmercial 2015
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