Monday, June 29, 2015

06-01: DaVita Dialysis Center, Advance Auto Parts, MOB, Retail Centers


Daily Best Commercial Properties

  1.  Retail Center in Cincinnati, OH: 24,000 SF attractive retail center on 4.66 ac lot along major artery in growing and high income (AHI $98K/yr in 3 mile radius) area, Near Waterstone Center, with Costco and Barnes & Noble. With easy access to I-71. 100% leased. NOI $345K/yr. $4.084M. 8.45% cap.
  2. DaVita in Lakewood, CO: 13,852 SF DaVita Dialysis Center on 1.82 ac lot in Denver metro.  100% NNN lease by a national tenant with 11-yrs left.  NOI $306K/yr. $5.1M. 6% cap.
  3. Office Building in Anaheim, CA: 3700 SF Class-B office building along main artery in densely populated Los Angeles area. Close to Western Medical Center and I-5.  100% NNN lease with 2-yrs left. NOI $93K/yr. $1.25M. 7.50% cap.
  4. Advance Auto Parts in Houston, TX: 7000 SF single tenant auto parts store on 1 ac lot in a fast growing and upper middle class area. Along Hwy-6. 100% NNN lease with 6-yrs left. NOI $139K/yr. $2.073M. 6.75% cap.
  5. MOB in Fontana, CA: 7800 SF Class-B multitenant medical office building in middle class San Bernardino County. 87% leased. Actual NOI $136K/yr. $1.9M. 7.20% actual cap. Upside potential when fully leased.
(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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