|
- Savers in Minneapolis, MN: 33,633 SF single
tenant well maintained retail building on over 3 ac lot at a hard corner
location. Close to I-694. Tenant has been at this location for over 25
yrs. 12-yrs absolute NNN corp lease with 8 yrs left to a strong national
tenant Savers, a for-profit, global thrift retailer offering great
quality, gently used clothing, accessories and household goods with over
350 stores. NOI $390K/yr. $5.3M. 7.37% cap.
- Fast
Auto Loans in Pittsburg, CA: 2676 SF newly renovated retail building in growing
Contra Costa County in San Francisco Bay Area. Adjacent to Home Depot
and WinCo Foods. Visible from Hwy-4 New 7-yrs NN corp lease. NOI
$95K/yr with 2% annual rent increases. $1.468M. 6.5% cap.
- Shopping
Center in Hanover Park, IL: 23,100 SF shopping center remodeled in 2008 in upper
middle-class neighborhood with an AHI of $8K/yr in a 3 mile radius. 82%
leased. NOI $187K/yr. $2.08M. 9% actual cap. Upside potential.
- O'Reilly
Auto Parts in Gilbert, AZ: 6650 SF single tenant retail building constructed in
1999 on .65 ac lot in affluent (AHI $97K/yr) Phoenix suburbs. Across
from Fry's Food center. 100% NNN
lease with 4 yrs left to a credit tenant. NOI $66K/yr. $1.025M, 6.40%
cap.
- Coyote
Canyon Restaurant in Salinas, KS: 6000 SF well maintained restaurant outparcel to Central Mall with
Dillard's, Sears, JC Penney and Starplex Cinema. This is a
sale/leaseback investment. 15 yrs absolute NNN lease to a strong
operator with 16-units. NOI $149K/yr with 7.5% rent bumps every 5-yrs.
$2.142M. 7% cap.
- Strip
Center in North Las Vegas, NV: 7640 SF attractive strip center built in 2006 along
main artery in upper middle-class area. 80% NNN leased with only one
vacancy. Pro forma NOI $93K/yr. $1.028M. 9.10% pro forma cap.
- Shopping
Center in La Mesa, CA: 20,968 SF well kept shopping center
on 1.53 ac lot at a signalized intersection and along main retail
corridor in San Diego suburbs. 94% leased. NOI $324K/yr. Unpriced.
|
|
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.
|
|
No comments:
Post a Comment