08-10: Auto Center, Sonic Drive-In, Starbucks Coffee, MOB, Retail Centers

Daily Best Commercial Properties

Auto Retail Center in Fremont, CA: 38,226 SF consisting of four buildings on nearly 3 ac lot in Silicon Valley metro. Visible and with easy access to I-880. 100% leased to fourteen tenants. $7.95M. NOI N/A. Retail Building in Virginia Beach, VA: 20,683 SF retail building on 3.57 ac corner lot in upper middle class Norfolk suburbs 100% leased to Family Dollar & Advance Auto. NOI $145K/yr. $1.895M. 7.67% cap. Sonic in Clifton, CO: 1704 SF Drive-In fast food restaurant constructed in 2007 on 1 ac lot at a hard corner location in growing Grand Junction suburbs. With easy access to I-70. 20-yrs NNN lease with 12 yrs left. NOI $120K/yr. $1.92M. 6.25% cap. MOB in Holly Springs, NC: 14,670 SF Class-B multitenant medical office building completed in 2001 on over 1 ac lot in growing and affluent (AHI $106K/yr) Raleigh MSA. 70% leased to five medical tenants. Actual NOI $267K/yr. $3.349M. 8% cap. Retail Center in Woodinville, WA: 59,850 SF attractive retail center built in 2003 on over 3 ac lot anchored by Gold's Gym in high income Seattle suburbs. 100% NNN leased. NOI $956K/yr. $12.835M. 7.45% cap. Strip Center in West Palm Beach, FL: 12,461 SF well maintained strip center on .51 ac lot. 100% leased. NOI $120K/yr. $1.5M. 8% cap. Shopping Center in Katy, TX: 26,130 SF shopping center constructed in 2006 at a corner location in high income Houston suburbs with an AHI of $81K/yr in a 3 mile ring. NNN leases. NOI $301K/yr. $3.45M. 8.75% cap. Retail Center in Rialto, CA: 25,352 SF well kept retail center on 1.78 ac lot along main artery in San Bernardino County. 100% NNN leased. NOI $267K/yr. $4.115M. 6.50% cap. Starbucks Coffee in Hamilton Township, NJ: 1800 SF single tenant retail building on .60 ac lot at a signalized corner location in growing & upper middle class Trenton metro. 100% NN corp lease with over 5 yrs left. NOI $103K/yr. $1.549M. 6.25% cap. Retail Center in Houston, TX: 18,581 SF retail center on 1.56 ac lot. All units face main corridor. 100% NNN leased to national, regional and local tenants. NOI $312K/yr. $3.9M. 8.02% 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.