Monday, June 29, 2015

05-14: Dialysis Center, Taco Bueno, La Petite Academy, Family Dollar, Office Building


Daily Best Commercial Properties

  1. Dialysis Center in Macon, GA: 8928 SF Class-A medical office building constructed in 2000 on 1.80 ac corner lot. 100% leased. NOI $176K/yr. $2.2M. 8% cap.
  2. Retail Center in Lynwood, CA: 14,411 SF attractive retail center on over 1 ac lot at a high traffic signalized intersection & in densely populated Southern California.  Close to St. Francis Medical Center and I-105. 100% leased to twelve tenants. NOI $438K/yr. $7.969M. 5.50% cap.
  3. Taco Bueno in Colorado Springs, CO: 2200 SF brand new Taco Bueno on .74 ac lot at a major retail artery. Across from Chapel Hills Mall with Macy’s, Dillard’s, Sears, Burlington and more. Rare 20-yrs NNN lease to a national tenant. NOI $130K/yr with 10% rent bumps every 5-yrs. $2.18M. 6% cap.
  4. Retail Center in Las Vegas, NV: 8000 SF attractive retail center built in 2004 on .80 ac outparcel to Smith’s grocery shopping center. In a growing and upper middle class area. 87% leased with 1 small vacant unit. Actual NOI $172K/yr. $2.3M. 7.50% actual cap. Upside potential when 100% leased.
  5. Shopping Center in Perris, CA: 48,331SF shopping center constructed in 1991 on over 5 ac lot in fast growing Riverside County. Across from new Super Walmart. With easy access to I-215. 100% leased to twenty-three tenants. NOI $722K/yr. $9.9M. 7.30% cap.
  6. La Petite Academy in Rio Rancho, NM: 6600 SF day care center completed in 1992 on .84 ac lot in growing and high income area with an AHI of $78K/yr in a 3 mile radius. Recently extended absolute NNN corp lease with 7½-yrs left. NOI $114K/yr with annual rent increases. $1.435M. 8% cap.
  7. Office Building in Rio Rancho, NM: 16,567 SF Class-B multitenant office building on over 1 ac lot in a fast growing area. 90% leased with quality tenant mix. Actual NOI $142K/yr. $1.65M. 8.62% actual cap. Upside potential when fully occupied.
  8. Retail Center in Atlanta, GA: 20,000 SF well maintained retail center on over 6 ac lot. Adjacent to Wayfield grocery center. 7% cap. NOI N/A.
  9. Retail Center in Phoenix, AZ: 7040 SF retail center built in 2002 on 1 ac lot along busy retail corridor and in high income (AHI $91K/yr) area. Close to Ahwatukee Foothills Towne Center with AMC Theaters,  The Shoppes at Casa Paloma and I-10. NNN leased to Dunking Donuts, Qdoba Mexican Grill, Zoyo Yogurt and Calico Studios. NOI $150K/yr. $2.23M. 6.75% cap.
  10. Family Dollar in Miami Garden, FL: 8253 SF well kept Family Dollar store renovated in 2010 on .65 ac corner lot in densely populated Miami suburbs. 100% NNN- corp lease with 5-yrs left.  NOI $125K/yr. $1.727M. 7.25% cap.

(c) Transmercial 2015
About The Properties

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states.  These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.   Each property has a brief description and a flyer.  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.

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