Monday, August 17, 2015

08-03: Wendy's, Dunkin' Donuts, Home Depot, MOB, Shopping Centers


Daily Best Commercial Properties

  1. Wendy's in Orlando, FL: 3166 SF drive-thru fast food restaurant built in 1999 on nearly 1 ac outparcel to Sam's Club. 20-yrs absolute NNN lease with 19-kyrs left to a strong franchisee. NOI $117K/yr with 7.5% rent bumps every 5-yrs. $22.238M. 5.25% cap.
  2. Dunkin' Donuts in Deer Park, TX: 2350 SF newly constructed Dunkin' Donuts on .64 ac lot along busy corridor in Houston suburbs. New 10-yrs NNN lease. NOI K$75K/yr with 10% rent increases every 5-yrs. $1.363M. 5.5% cap.
  3. MOB in Jacksonville, FL: 24,169 SF Class-B medical office building on 2.40 ac lot. Near Memorial Hospital and Brooks Rehabilitation Hospital. 100% NNN leased to Cancer Specialist of North Florida and 21st Century Oncology. NOI $750K/yr. $10.012M. 7.50% cap.
  4. Shopping Center in Saint Petersburg, FL: 51,619 SF well maintained shopping center on over 4 ac lot with excellent visibility. National l tenants include ALDI Grocery and DaVita Dialysis. Easy access to I-275.  97% leased. NOI $372K/yr. $4.545M. 8.20% actual cap. Upside potential.
  5. Home Depot in Santa Clara, CA: 95,700 SF Home Depot completed in 1995 on nearly 7 ac lot in high income Silicon Valley with an AHI of $101K/yr in a 3 mile radius. 100% NNN corp lease with 5-yrs left. NOI $1.457M. $29.156M. 5% cap.
  6. Retail Center in Phoenix, AZ: 9118 SF attractive retail center along busy corridor. Close to Costco and Hwy-101. 100% NNN leased to Rustic Cafe, J Anthony Salon, Chiropractor and a pet urgent care. NOI k$140K/yr. $2.2M. 6.37% cap.
  7. Retail Center in Lake Worth, FL: 22,000 SF L-shaped retail center built in 1998 at a corner location in a growing and high income (AHI $96K/yr) area. NOI $310K/yr. $4.2M. 7.40% cap.
  8. Strip Center in Appleton, WI: 9117 SF attractive four-units strip center on .73 ac lot close to Hwy-41. 100% leased. NOI $84k/yr. $995K. 8.50% cap.
  9. Retail Center in Memphis, TN: 22,325 SF well maintained retail center on 2.44 ac corner lot with excellent visibility. 100% leased with good tenant mix including Family Dollar and Black & Decker. NOI $207K/yr. $2.3M. 9% 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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