Monday, August 10, 2015

07-23: Methodist Urgent Care, Dunkin' Donuts, Taco Bell, MOB, Retail Centers


Daily Best Commercial Properties

  1. Methodist Urgent Care in Richardson, TX: brand new 7255 SF medical office building on over 1 ac lot at a highly visible location in fast growing Dallas metro. Across from Super Target and Lowe's center. 10 yrs NNN corp lease guaranteed by Team Health, Inc & Methodist Hospitals of Dallas. NOI $190K/yr with 10% rent bumps every 5-yrs. $2.925M. 6.53% cap.
  2. Dunkin' Donuts & Baskin Robbins in League City, TX: 2150 SF newly constructed dual-branded retail building on 1.046 ac lot in Houston suburbs. New 10 yr NNN lease. NOI $78K/yr with 10% rent increases every 5-yrs. $1.272M. 5.5% cap.
  3. Retail Center in Orland Park, IL: 16,000 SF attractive retail center built in 2003 on over 2 ac lot in affluent Chicago suburbs. 100% NNN leased with national, regional and local tenants. NOI $253K/yr. $3.17M. 8% cap.
  4. Taco Bell in Cincinnati, OH: 2214 SF single tenant fast food restaurant built in 1990 on .87 ac lot in a fast growing area. 20-yrs absolute NNN lease with 5-yrs left to a strong franchisee with over 100 units. NOI $155K/yr. $1.85M. 8.40% cap.
  5. Retail Center in Boise, ID: 10,896 SF retail center built in 1998 on .84 ac lot at a hard corner location. Close Walmart and to I-84. Good tenants mix. NOI $145K/yr. $2.1M. 7% cap.
  6. MOB in Denton, TX: 7444 SF multitenant medical office building adjacent to Denton Regional Medical Center. Close to Golden Triangle Mall and I-35E. Pro forma NOI $104K/yr. $1.397M. 9.25% cap.
  7. Shopping Center in Sacramento, CA: 29,503 SF well maintained shopping center renovated in 2007 along major artery. 100% NNN leased. NOI $520K/yr. $6.712M. 7.75% cap.
  8. Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on 1.41 ac lot. Across from 225,000 SF Chapel Hill Center, with upscale restaurants including WorldPlus Market, James Avery Jewelry, Mi Cocina and Buttons. With easy access to I-30. 100% NNN leased. NOI $373K/yr. $4.5M. 7.88% cap.
  9. Retail Center in Mesquite, TX: 18,000 SF well kept retail center in growing middle class Dallas suburbs. Good tenant mix including Dollar General. NOI $147K/yr. $1.75M. 8.40% 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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