Monday, August 10, 2015

07-16: Applebee's, Walgreens, MOB, Office Buildings, Shopping Centers, Panera Bread


Daily Best Commercial Properties

  1. Applebee's in Macon, GA: 5000 SF brand new Applebee's Restaurant on 1.39 ac lot in growing and high income (AHI $98K/yr) Atlanta metro. Adjacent to Walmart, Kohl's, Lowe's and I-475. New 20-yrs NNN ground lease. NOI $85K/yr with 10% rent bumps every 5-yrs. $1.7M. 5% cap. Note: Flyer not available full brochure upon request.
  2. Walgreens in Clearwater, FL: 15,120 SF well maintained Walgreens constructed in 2000 on over 2 ac lot at a busy signalized corner location in Tampa suburbs. 20-yrs NNN- lease with over 5+ yrs left. NOI $290K/yr. $3.895M. 7.5% cap. Store with strong sales revenue of estimated $8M.
  3. MOB in Dallas, TX: 5,945 SF Class-B single tenant medical office building constructed in 2003 on .54 ac lot. 100% NNN lease with 5-yrs left to The CitySquare Community Clinic. NOI $129K/yr. $1.62M. 7.99% cap.
  4. Office Building in Murrieta, CA: 39,140 SF Class-A multitenant office building completed in 2007  in high income Riverside County with an AHI of $91K/yr in 1 mile radius. 100% leased. NOI $588K/yr. $7.84M. 7.50% cap.
  5. Office Building in Santa Ana, CA: 39,553 SF Class-B office building in densely populated Los Angeles area with over 600,000 residents in a 5-mile ring. Close to Western Medical Center, Hwy-55 and I-5. Major tenant: Desert Chulla Indian Tribe, funded by the US Government. 100% leased. NOI $375K/yr. $5M. 7.50% cap.
  6. Retail Center in Columbus, OH: 20,000 SF attractive retail center built in 1998 on over 4 ac lot in a growing and upper middle class area. Adjacent to recently renovated 17 Screen Crosswoods Cinema. Near I-270. 100% leased. NOI $242K/yr. $2.85M. 8.51% cap.
  7. Retail Center in Indianapolis, IN: 32,748 SF eye-catching retail center built tin 2003 on nearly 5 ac lot at a hard corner location. Across from Meijer and Menards Grocery Stores. 100% leased. NOI $622K/yr. $8.621M. 7.22% cap.
  8. Strip Center in Stratford, CT: 5900 SF well maintained strip center on .45 ac lot in Bridgeport suburbs. 100% NNN leased to four tenants. NOI $87K/yr. $1.05M. 8.29% cap.
  9. Panera Bread in Richmond, VA: 4100 SF Panera Bread completed in 2012 on .93 ac lot at a signalized intersection. 10-yrs absolute NNN corp lease with 7-yrs left. NOI $125K/yr with 10% rent increases every 5-yrs. $2.5M. 5% cap.
  10. Shopping Center in Mountain View, CA: 48,074 SF attractive shopping center remodeled in 2009 on 4 ac lot in high income Silicon Valley. Major tenants include: Fresh & Easy Market, Starbucks and Meriwest Credit Union. 72% NNN leased. Price/NOI N/A.

(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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