Wednesday, October 7, 2015

09-23: Texas Health Spine Surgery Center, KinderCare, Retail Centers, Shopping Centers

Daily Best Commercial Properties

  1. Retail Building in Litchfield Park, AZ: 7148 SF retail building on .82 ac lot in growing and affluent Phoenix suburbs with an AHI of $114K/yr. 100% NNN leased to Banner Health Clinic and Ground Control, an European restaurant. NOI $131K/yr. $1.875M. 7% cap.
  2. Retail Center in Richmond, TX: 20,720 SF newly constructed retail center on 2.31 ac lot along major artery in growing (417% pop growth since 2000) and affluent (AHI $111K/yr in a 3 mile radius) Houston suburbs. 100% leased to 7 long term tenants. 7% cap. Price & NOI not avail.
  3. Texas Health Spine Surgery Center in Southlake, TX: Class-A state-of-the-art facility adjacent to Texas Health Southlake in prosperous (AHI $191K/yr) Dallas/Fort Worth suburbs. Close to Southlake Town Square and with easy access to Hwy-114. 100% NNN leased to a regional tenant with 10+ yrs left. NOI $252K/yr. $3.6M. 7% cap.
  4. Neighborhood Center in Palm Harbor, FL: 83,300 SF eye-catching shopping center on nearly 9 ac lot in a high income area & along Hwy-19. 94% leased. 7.12% cap. Price & NOI not avail.
  5. Retail Center in Saint Petersburg, FL: 46,020 SF retail center built in 2008 on 5.80 ac lot. Shadow anchored by Publix Supermarket. Close to Tyrone Square Mall. In a high barrier to entry. 100% leased. NOI $1.307M/yr. $16.544M. 7.90% cap.
  6. Retail Center in Victorville, CA: 14,120 SF retail center built in 2004 in growing San Bernardino County. Adjacent to Mall of Victor Valley and close to I-15. 82% NNN leased. NOI $197K/yr. $3.2M. 6.17% cap.
  7. Retail Center in Katy, TX: 22,831 SF retail center constructed in 2007 on 2.39 ac lot in fast growing upper middle class Houston suburbs. 100% NNN leased to eight tenants. NOI $354K/yr. $4.4M. 8.06% cap.
  8. KinderCare in Tucson, AZ: 7543 SF freestanding daycare center on .87 ac lot in a densely residential area. Close to I-10. Tenant has been at this location since 1988. 100% absolute NNN lease with 6 yrs left. NOI $97K/yr. $1.39M. 7% 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.

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