Monday, August 10, 2015

07-13: Burger King, The Oxford School, Planet Fitness, Shopping Centers


Daily Best Commercial Properties

  1. Burger King in San Antonio, TX: 3564 SF fast food restaurant built in 1994 on .48 ac lot with excellent visibility. Close to Mc Creless Mall and adjacent to I-37. New absolute NNN lease till 2021 to an experienced operator. NOI $80K/yr. $1.46M. 5.5% cap.
  2. The Oxford School in Dublin, OH: 9682 SF high quality child care center constructed in 1995 on 1.53 ac lot in growing and high income Columbus suburbs with an AHI of $96K/yr. Tenant has been at this location since 2005. Close to The Mall at Tuttle Crossing and I-270.  New 7-yrs absolute NNN lease. NOI $130K/yr with 1% annual rent increases. $1.633M. 8% cap.
  3. Shopping Center in Lithonia, GA: 48,400 SF attractive retail center constructed in 2002 on 4.34 ac lot anchored by HHGregg Appliances & Electronics in fast growing Atlanta suburbs. Adjacent to The Mall at Stonecrest with easy access to I-20. 100% leased. NOI $381K/yr. $4.1M. 9.30% cap.
  4. Planet Fitness in Fremont, CA: 15,000 SF well maintained fitness center in high income (AHI $97K/yr) Silicon Valley suburbs. Adjacent to NewPark Mall and I-880. 100% NNN lease with 8-yrs left to Planet Fitness. NOI $320K/yr with annual rent bumps. $5.349M. 6% cap.
  5. Shopping Center in Milwaukee, WI: 73,301 SF well maintained neighborhood center on over 4 ac lot along major retail artery. Across from Pick 'n Save. Near Loomis Centre Mall and Saint Luke's Medical Center. 89% leased. Actual NOI $633K/yr. $7.675M. 8.25% actual cap. Upside potential.
  6. Retail Center in La Puente, CA: 6830 SF consisting of three freestanding buildings on .65 ac lot in densely populated Los Angeles County with over 500,000 residents in a 5 mile radius. 100% NNN leased. NOI $70K/yr. $1.126M. 6.25% cap.
  7. Strip Center in Palm Harbor, FL: 9056 SF attractive strip center built in 1999 on nearly 3 ac lot along main artery in Tampa suburbs. 100% NNN leased. NOI $206K/yr. $2.578M. 8% cap.
  8. Retail Building in Houston, TX: 4484 SF retail center on .46 ac lot at a hard corner location. 100% NNN lease to Checks Cashed, Metro PCS and Tax Services. NOI $103K/yr. $1.449M. 7.17% 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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