09-02: Black Angus Steakhouse, KFC, Big Lots, Shopping Center, Office Buildings

Daily Best Commercial Properties

Black Angus in El Cajon, CA: 10,300 SF steakhouse renovated in 2005 on 1.31 ac lot in growing San Diego metro. Between Target and Hwy67. Adjacent to Parkway Plaza and with easy access to I-8. 100% absolute NNN corp lease with 8 yrs left. NOI $340K/yr with CPI rent bumps every 5 yrs. $6.488M. 5.25% cap. KFC in Elgin, IL: 2739 SF KFC restaurant on .70 ac lot along main corridor. 100% absolute NNN lease. NOI $60K/yr with 10% rent increases every 5 yrs. $1.005M. 6% cap. Shopping Center in Orlando, FL: 34,900 SF attractive shopping center built in 2007 on over 6 ac lot in upper middle class area. 93% leased. NOI $441K/yr. $5.35M. 8.26% cap. Upside potential. Retail Building in Paducah, KY: 3250 SF well maintained retail building at a hard corner location and adjacent to CVS Pharmacy. Across from Kroger grocery, Dollar Tree, Harbor Freight Tools and Walgreens. 100% NNN leased to Subway and Little Caesars. NOI $78K/yr. $1.115M. 7% cap. Retail Building in San Bernardino, CA: 5075 SF well kept retail building on over 1 ac lot along main corridor. Next to Stater Brother Super Market. 100% NNN leased to two established tenants: Mongolian BBQ and H. Salt Fish & Chips. NOI $84K/yr. $1.298M. 6.50% cap. Office Buildings in Chico, CA: 17,082 SF consisting of three office buildings on over 2 ac lot in a growing area. Close to North Valley Plaza Mall and I-99. 100% leased to multiple tenants. Pro forma NOI $122K/yr. $1.975M. 6.18% cap. Big Lots in Duluth, GA: 34.650 SF retail building constructed in 1996 along major retail corridor in growing Atlanta suburbs. Adjacent to Costco, Dave & Buster's & across from Kohl's. Near Gwinnett Place Mall and with easy access to I-85. 100% NNN lease with 6 yrs left. NOI $216K/yr. $2.85M. 7.60% cap. Shopping Center in Blue Springs, MO: 14,534 SF eye-catching shopping center in upper middle class (AHI $72K/yr in a 3 mile radius) Kansas City suburbs. Across from Walmart Supercenter and Home Depot. Close to St Mary's Medical Center. Visible/easy access to I-70. NNN leased with good tenant mix. NOI $320K/yr. $4.645M. 6.90% 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.