09-09: Burger King, MOB, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Burger King in Brownsville, TX: 4437 SF well maintained fast food restaurant built in 2003 on 1 ac lot in a growing border city. 100% absolute NNN lease with 4 yrs left to a strong franchisee with over 550 units. NOI $110K/yr with 1% annual rent bumps. Price reduced from $1.629M to $1.375M. 8% cap. Retail Center in Germantown, WI: 23,103 SF attractive retail center built in 2014 on 3.67 ac lot at a main retail corridor in Milwaukee upper middle-class suburbs. Adjacent to Walmart, TJ Maxx, Famous Footwear and World Market. 100% NNN leased to 4 national/regional tenants: Dollar Tree, Maurices, Rue 21 and Christopher & Banks. NOI $302K/yr. $4.029M. 7.50% cap. NOTE: Flyer not available, full brochure upon request. Retail Center in Tamarac, FL: 35,892 SF well maintained retail center constructed in 1992 on over 4 ac lot anchored by Walgreens at a hard corner location in Fort Lauderdale suburbs. Close to 317-bed University Medical Center Hospital. 93% leased. NOI $479K/yr. $6.6M. 7.26% cap. MOB in Carrollton, TX: 17,000 SF Class-B recently updated multitenant medical office building on 1 ac lot in high income Fort Worth/Dallas suburbs. 100% NNN leased. 7% cap. NOI N/A. MOB in Rockwall, TX: 15,000 SF Class-B medical office building adjacent to Lake Pointe Medical Center in high income Dallas suburbs with AHI of $92K/yr. 100% NNN leased to multiple tenants. 7% cap. NOI N/A. Shopping Center in Greenfield, WI: 32,174 SF attractive shopping center constructed in 1995 on 3.86 ac lot in Milwaukee suburbs. With easy access to I-43/894. 96% leased. NOI $359K/yr. $4.355M. 8.25% cap. Retail Building in Plainfield, IL: 7900 SF attractive retail building at a major retail artery and in a high income neighborhood with an AHI of $99K/yr in a 1 mile radius. 100% NNN leased to Sherwin Williams and Champion Sports Bar. NOI $132K/yr. $1.89M. 7% cap. Retail Center in Kennewick, WA: 12,000 SF retail center built in 1996 on over 1 ac outparcel to Fred Meyer grocery in growing middle class area. 100% leased. NOI $128K/yr. $1.9M. 6.75% cap. Shopping Center in Brownsburg, IN: 41,465 SF well kept shopping center in upper middle class Indianapolis suburbs. NOI $398K/yr. $5.142M. 7.75% cap. Shopping Center in Tampa, FL: 44,173 SF shopping center renovated in 2008 on over 5 ac lot in a high income area. Major tenants include: Kobe Steakhouse, Century 21, Once Upon a Child, Partyscene and Chevron/Circle K. 93% leased. NOI $781K/yr. $10.424M. 7.50% 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.