06-09: Advance Auto Parts, Shopping Center, MOB, Strip Centers

Daily Best Commercial Properties

Shopping Center in Tyler, TX: 57,610 SF attractive shopping center on 5.53 ac lot at a major retail artery in fast growing Dallas suburbs. 91% leased to fifteen tenants. Actual NOI $291K/yr. $3.647M. 8% actual cap. Upside potential. Shopping Center in Columbus, OH: 60,274 SF eye-catching shopping center constructed in 2004 on over 7 ac lot in growing and upper middle class (AHI $81K/yr) area. Adjacent to Polaris Fashion Place and with easy access to I-71. 94% leased. Actual NOI $728K/yr. $10.4M. 7% cap. MOB in Rancho Cordova, CA: 18,000 SF Class-B multitenant medical office building on over 1 ac lot in Sacramento suburbs. 90% leased. NOI $192K/yr. $3.2M. 6% cap. Retail Center in Urbandale, IA: 22,771 SF retail center built in 2001 on 3 ac lot in fast growing and high income (AHI $99K/yr in 3 miles) Des Moines suburbs. Outparcel to Super Target and Home Depot. Next to I-80/35. 86% NNN leased. Current NOI $239K/yr. $3.189M. 7.50% cap. Upside potential when fully leased. Advance Auto Parts in Dayton, OH: 8000 SF Advance Auto Parts completed in 1998 on 1.77 ac lot along main corridor. Tenant has been at this location for over 15-yrs. 100% NNN lease with over 3-yrs left. NOI $103K/yr. $1.252M. 8.25% cap. Strip Center in Farmington Hills, MI: 12,045 SF strip center constructed in 2007 in Detroit suburbs. Close to Hwy-5. 100% NNN leased. NOI $130K/yr. $1.539M. 8.50% 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.