Thursday, August 13, 2015

07-30: Dialysis Center, Walgreens, Meineke, Strip Centers, Retail Centers


Daily Best Commercial Properties

  1. Dialysis Center in St. Petersburg, FL: 7500 SF built-to-suit dialysis center built in 2014 on over 1 ac lot. 15-yrs NN lease with 14-yrs left to national tenant. NOI $139K/yr with 2% annual rent increases. $2.43M. 5.75% cap.
  2. Retail Center in Peachtree City, GA: 11,985 SF attractive retail center on 1.85 ac lot along major retail corridor in a fast growing and high income area in Atlanta suburbs. Across from Walmart Supercenter and Home Depot. Major tenants include: Carrabba's, Branch & Wine, The Music Garden and Boulignini Boutique. 100% leased. $2.19M. 8% cap.
  3. Retail Building in Litchfield Park, AZ: 7148 SF retail building constructed in 2005 on .82 ac lot in growing (217% pop growth since 2000) and affluent (AHI $114K/yr) Phoenix MSA. 100% NNN leased to Banner Health and Ground Control. NOI $131K/yr. $1.875M. 7% cap.
  4. Retail Center in Watertown, CT: 13,990 SF attractive retail center built in 2001 on 2 ac lot in a high income area. 90% NNN leased to national and credit tenants. Actual NOI $196K/yr. $2.8M. 7% actual cap. Upside potential.
  5. Shopping Center in Houston, TX: 30,676 SF well maintained shopping center on 1.72 ac corner lot in a fast growing area. NNN leased. NOI K$270K/yr. $3.6M. 7.50% cap.
  6. Neighborhood Center in Phoenix, AZ: 205,848 SF shopping center on over 18 ac lot at a hard corner location anchored by Food City Grocery, Ross Dress for Less, Goodwill and Family Dollar. Close to Hwy-51. 79% leased. Actual NOI $1.638M/yr. $23.4M. 7% actual cap. Upside potential when fully leased.
  7. Retail Center in Santa Ana, CA: 26,161 SF consisting of two well maintained retail centers on nearly 3 ac corner lot in upper middle class city in Southern CA. With easy access to Hwy-22/55. NOI $436K/yr. $7.5M. 5.82% cap.
  8. Walgreens in Sterling Heights, MI: 14,490 SF drug store completed in 2002 on nearly 3 ac lot at a hard corner location in middle-class Detroit suburbs. 100% NNN leased. NOI $376K/yr. $5.544M. 6.80% cap.
  9. Strip Center in Atwater, CA: 5428 SF attractive strip center built in 2013 on .81 ac lot at a hard corner location in Merced County. Close to Hwy-99. 100% NNN leased to 7-Eleven, Togo's and Verizon Wireless. NOI $143K/yr. $3.05m. 4.72% cap.
  10. Meineke in Jacksonville, FL: 5760 SF seven-bay full service auto center on .80 ac lot along main retail artery. With easy access to I-95. 100% NNN leased with 3-yrs left. NOI $83K/yr. $1.007M. 8.25% 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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