06-04: Office Buildings, Retail Centers, Strip Centers, Shopping Centers

Daily Best Commercial Properties

Retail Center in Tomball, TX: 16,800 SF shopping center built in 2008 on 1.9 ac lot in upper middle-class Houston suburbs.  100% leased. NOI $279M. $3.245M. 8% cap.  Buyer to assume a $1.925M loan at 5.75% interest rate. Strip Center in Orland Park, IL: 7000 SF well maintained strip center on .797 ac outparcel to Whole Foods & Michaels center in Chicago suburbs. Across from Orland Square Mall. 100% NNN leased to Jimmy John’s, Sprint and Naf Naf Grill. NOI $177K/yr. $2.532M. 7% cap. Retail Center in Livonia, MI: 19,311 SF retail center on over 2 ac lot at a hard corner location in upper middle class Detroit suburbs. Across from 304-bed St. Mary Mercy Hospital. Major tenants include: Fitness 19 and US Physical Therapy. 90% NNN leased. NOI $236K/yr. $2.781M. 8.50% cap. Office Building in Arlington, TX: 7633 SF Class-B multitenant office building on .67 ac lot in a growing and high income (AHI $85K/yr) Fort Worth/Dallas suburbs. With easy access to I-20. 96% leased. Actual NOI $90K/yr. $1.115M. 8.12% cap. Shopping Center in Tempe, AZ: 32,400 SF attractive shopping center on 3.64 ac corner lot in affluent Phoenix metro with an AHI of $104K/yr in a 1 mile ring. 90% NNN leased. NOI $460K/yr. $5.863M. 7.85% 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.