Monday, August 10, 2015

07-02: Marshalls, Shopping center, DaVita, MOB, Urgent Care, Auto Center


Daily Best Commercial Properties

  1. Retail Center in Woodland, CA: 36,382 SF single-tenant retail center on 2.95 ac lot in middle-class Sacramento metro.  Part of a larger center with CVS Pharmacy.  100% NNN- to Marshalls (owned my TJM companies) till 2020.  Stable investment with tenant has been here since 2002.  NOI $309K/yr. $4.48M. 6.9% cap.  Note: no flyer.
  2. Shopping Center in Acworth, GA: 34,559 SF shopping center built in 2002 on 3.82 ac lot in income Atlanta metro.  100% leased to 7 tenants.  NOI $388K/yr. $4.8M. 8.09% cap.
  3. DaVita Dialysis Portfolio: The ±42,064 square foot portfolio consists of eight DaVita Dialysis Centers in Kansas, Oklahoma and Texas and a Lifeline Vascular Access Center (an affiliate of DaVita).  100% NNN lease with 7 yrs left.  NOI $722K/yr. $10.324M. 7% cap.
  4. MOB in Roseville, CA: 14,000 SF medical office building with visibility from I-80 in Sacramento metro.  90% NNN leased to Northern California Fertility Medical Center, a strong regional tenant with 4 board-certified infertility specialists that has been here since 2004.  NOI $278K/yr. with annual CPI-based rent bumps.  $3.2M. 8.7% cap. upside potential when fully leased.
  5. Urgent Care center in Milford, CT: 4000 SF Urgent Care center in well-off  (AHI of $101K/yr) New Haven suburbs.  10 yrs NNN lease to  St. Vincent' s Medical Center with 8 yrs left.  NOI $100K/yr with 12.5% rent bumps every 5 yrs.  $1.428M. 7% cap.
  6. Auto Center in Riverside, CA: 20,600 SF multi-tenant auto center on 1.73 ac lot in middle-class area.  Easy access to Hwy 91. 90% leased.  NOI $258K/yr. $3.975M. 6.51% 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.  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.


David V. Tran
Chief Investment Advisor. CA BRE# 00969014
Transmercial -- Commercial Real Estate Investments
408-288-5500 ext. 201, 408-288-5533 (F)

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