Monday, August 10, 2015

07-22: Burger King, AMC Urgent Care, MOB, Retail Centers, Shopping Centers, Dollar Tree


Daily Best Commercial Properties

  1. Burger King in Cleveland, OH: 2896 SF Burger King constructed in 2003 on .66 ac lot at a hard corner location. Across from Dave's Supermarket and Walgreens center. 100% absolute NNN lease with over 8-yrs left to a strong franchisee with over 650 units. NOI $114K/yr with 1% annual rent increases. Store with strong sales of $1.8M in 2014. $1.835M. 6.25% cap.
  2. AMC Urgent Care in Moore, OK: 3615 SF medical office building constructed in 2014 on .80 ac lot in a fast growing and upper middle class area. Near Norman Regional Hospital. Newly executed 15-yrs NNN lease to NextCare a growing regional operator with 20 locations. NOI $103K/yr with 2% annual rent bumps after year 5. $1.651M. 6.25% cap.
  3. MOB in Valrico, FL: 14,774 SF Class-B single tenant medical office building completed in 2002 on nearly 1 ac lot in growing Tampa suburbs. 10-yrs NNN lease to Valrico Brandon Medical Group with 6 doctors serving the area since 1986.  NOI $197K/yr with 3% annual rent increases. $2.553M. 7.75% cap.
  4. Retail Center in Sacramento, CA: 16,776 SF attractive retail center built in 2010 on 1.78 ac lot in a fast growing area. Across from 99 Cents Only and Harbor Freight Tools center. 100% leased to nine tenants. NOI $234K/yr. $3.5M. 6.7% cap.
  5. Shopping Center in Grove City, OH: 40,848 SF well maintained shopping center on 4.84 ac lot anchored by Discount Drug Mart in Columbus suburbs. 100% NNN leased. NOI $365K/yr. $3.915M. 9.34% cap.
  6. Shopping Center in Pomona, CA: 37,158 SF well kept shopping center at a corner location in upper middle class Los Angeles suburbs. Major tenants include: Carl's Jr. Subway, State Farm, Cha For Tea and La Cantina Grill. 73% leased. Actual NOI $333K/yr. $5.8M. 5.75% cap.
  7. Retail Center in Santa Clarita, CA: 3624 SF eye-catching retail center renovated in 2014 on .67 ac lot along major retail corridor in Southern California. Close to Walmart Supercenter and Sam's Club. 100% NNN leased to Starbucks Coffee, Hertz and Papa Murphy's Pizza.  NOI $125K/yr. $2.5M. 5% cap.
  8. Dollar Tree in Wilmington, CA: 9728 SF single tenant retail building on .54 ac lot in Los Angeles County. Along Hwy-1 and close to I-110. 100% NNN corp lease with 6-yrs left. NOI $162K/yr. $2.7M. 6.02% cap.
  9. Retail Center in Stockton, CA: 31,036 SF well maintained retail center on over 2 ac lot at a busy retail artery in San Joaquin County. NOI $191K/yr. $2.65M. 7.21% cap.
  10. Strip Center in Crystal Lake, IL: 9757 SF strip center on over 2 ac lot in high income Chicago suburbs. Along Hwy-14. Across from Sam's Club, Kohl's and Bed Bath & Beyond. 90% leased with good tenant mix including Jimmy John's and Regency Beauty. Actual NOI $136K/yr. $1.65M. 8.28% 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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