Monday, June 29, 2015

05-29: Burger King, Pollo Loco, Retail Building, Office Building


Daily Best Commercial Properties

  1. Retail Building in Bakersfield, CA: 5000 SF attractive retail building on .53 ac outparcel to CVS center at a four-way signalized intersection. 100% leased. NOI $118K/yr. $1.475M. 8% cap.
  2. Office Building in Palm Beach Gardens, FL: 22,700 SF Class-A office building constructed in 2001 on 2.29 ac lot in a fast growing area. With easy access to I-95. 100% leased to multiple tenants. NOI $299K/yr. $4.275M. 7% cap.
  3. Burger King in Brooklyn, OH: 3500 SF franchised fast food restaurant built in 1994 on .80 ac outparcel to recently remodeled Sam’s Club in Cleveland suburbs. Adjacent to remodeled/expanded Walmart Supercenter. 20-yrs absolute NNN ground lease with 5-yrs left to an experienced operator with 23-units. $NOI $68K/yr. $1.06M. 6.50% cap.
  4. Pollo Regio in Fort Worth, TX: 2157 SF drive-thru restaurant built in 2003 on .62 ac lot along major retail artery. 100% absolute NNN lease with over 10-yrs left to Pollo Regio, a regional chain. NOI $60K/yr with 10% rent increases every 5-yrs. $1M. 6% cap.
  5. Retail Building in Homewood, IL: 19,215 SF attractive retail center renovated in 2011 on nearly 2 ac lot shadow anchored by new Walmart Supercenter in Chicago suburbs. 100% leased to Buffalo Wild Wings and Dollar Tree. NOI $259K/yr. $3.61M. 7.20% cap.
  6. Office Building in Phoenix, AZ: 15,744 SF well kept multitenant office building on 1 ac lot. Close to 266-bed John C Lincoln North Mtn Hospital. 100% leased. NOI $94K/yr. $990K. 9.50% 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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