05-26: National Tire & Battery, MOB, Retail Centers, Strip Centers

Daily Best Commercial Properties

National Tire & Battery in Dayton, OH: 5870 SF auto service center built in 2003 on over 1 ac lot at a major retail artery. Adjacent to Dayton Mall and with easy access to I-75. 100% NNN corp lease with over 3-yrs left. NOI $168K/yr. $2.241M. 7.5% cap. Retail Center in San Fernando, CA: 13,105 SF well maintained retail center on .59 ac corner lot at a hard corner location in densely populated Los Angeles County. Shadow anchored by Walgreens and Smart & Final. 100% NNN leased. NOI $384K/yr. $6.35M. 6.05% cap. Retail Center in Santa Clarita, CA: 12,060 SF recently remodeled retail center at a high traffic location and in a high income Los Angeles County with an AHI of $102K/yr. Close to Westfield Valencia Town Center.  100% NNN leased to four tenants. NOI $269K/yr. $4.389M. 6.15% cap. Retail Center in Tampa, FL: 11,750 SF retail center completed in 2006 on 1.49 ac lot in a high income area. 100% leased to Firestone and All Spice Grocery. NOI $294K/yr. $4.53M. 6.50% cap. MOB in Middlebury, CT: 17,742 SF Class-A multitenant medical office building on 1 ac lot in upper middle class New York metro. 100% leased. NOI $178K/yr. $2.235M. 8% cap. Retail Center in Suwanee, GA: 11,200 SF attractive retail center on 1.46 ac lot along busy artery in growing and affluent (AHI $122K/yr in 1 mile) Atlanta suburbs. 66% NNN leased. Actual NOI $128K/yr. $1.86M. 6.90% actual cap. Upside potential.

(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.