06-08: Starbucks Coffee, Hotters Sports Bart & Grill, MOB

Daily Best Commercial Properties

Starbucks Coffee in Wichita, KS: 1608 SF single tenant retail building remodeled in 2014 on .46 ac lot at a signalized intersection. Across from new Walmart Neighborhood Market. 10-yrs NN corp lease with 9-yrs left. NOI $52K/yr with a 14% rent bump in year 5. $990K. 5.25% cap. Hooters in Columbia, MO: 5422 SF Sports Bar & Grill Restaurant built in 2005 on 1½ ac lot. Between Residence Inn and Fairfield Inn & Suites. Close to Women’s and Children’s Hospital. Visible and next to I-70.  100% absolute NNN lease with over 10-yrs left. NOI $168K/yr with 10% rent increases every 5-yrs. $2.5M. 6.75% cap. MOB in Berkeley, CA: 22,166 SF well maintained multitenant medical office building in high income Alameda County with an AHI of $84K/yr in a 3 mile ring. Adjacent to Alta Bates Medical Center. Actual NOI $599K/yr. $8.5M. 7% 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.