Monday, August 10, 2015

07-20: Winstead's, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Winstead's in Leawood, KS: 4694 SF Winstead's restaurant built in 2005 on 1.30 ac lot at a signalized location in growing and affluent (AHI $129K/yr) Kansas City suburbs. Tenant has been at this location for ten years. New 20-yrs absolute NNN lease. NOI $136K/yr with 5% rent bumps every 5-yrs. $2.092M. 6.50% cap.
  2. Retail Center in Katy, TX: 20,000 SF attractive retail center constructed in 2005 on 1.66 ac outparcel to Walmart Supercenter in high income Houston suburbs. Across from Kroger Grocery. 88% NNN leased. Actual NOI $376K/yr. $5.38M. 7% cap. Upside potential when fully leased.
  3. Retail Building in Melbourne, FL: 8322 SF retail building on .95 ac lot along main retail artery. Across from Melbourne Square Mall. 100% NNN leased by two tenants including Tires Plus. NOI K$153K/yr. $2.4M. 6.40% cap.
  4. Retail Center in Orem, UT: 31,872 SF attractive eight units retail center on 2 ac lot in Salt Lake City suburbs. Tenants include: EZ Pawn, EZ Loan, Enterprise Rent-A-Car, Uinta Golf, Dance Studio and Sensuous Sandwich.  81% leased by six tenants. Actual NOI $211K/yr. $2.89M. 7.31% cap. Upside potential.
  5. Retail Center in Los Angeles, CA: 12,500 SF well maintained retail center on .63 ac lot along major artery and in densely populated area with over 500,000 residents in a 3 mile ring. Close to Hwy-101. 100% leased. NOI $360K/yr. $6.925M. 5.20% cap.
  6. Shopping Center in Yuba City, CA: 19,099 SF shopping center constructed in 2007 on 2 ac outparcel to Walmart Supercenter, Marshalls, PETCO and Home Depot. Along Hwy-20. Excellent tenant mix: AT&T, Affordable Dentures, One Main Financial, Sport Clips and CHASE. 77% NNN leased. Actual NOI $455K/yr. $7.6M. 6% actual cap. Upside potential.
(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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