09-24: MOB, Mixed-use, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Retail Center in Pearland, TX: 13,775 SF retail center built in 2007 on 1.37 ac lot in affluent Houston suburbs with an AHI of $120K/yr in a 1 mile ring. 100% leased with long-term & stable tenants. NOI $300K/yr. Price reduced from $4.475M to $4.295M. 7% cap. Retail Buildings in Murrieta, CA: 24,910 SF consisting of four retail buildings on 2 ac lot in high income (AHI $82k/yr in 3 mile radius) Riverside County in Southern CA. Close to major center with Sam's Club, 24 Hour Fitness, Dick's Sporting Goods, Burlington Coat Factory, Ross, Toys 'R' Us and Rite Aid. Near Rancho Springs Medical Center and I-215. 87% leased. NOI $347K/yr. $4.9M. 7.08% cap. MOB in Holbrook, NY: 17,326 SF Class-B multitenant medical office building on 1 ac lot in high income New York suburbs with an AHI of $109K/yr. Close to I-495. 95% leased with several long term tenants. Actual NOI $259K/yr. $3.5M. 7.40% cap. Mixed-use in Maitland, FL: 16,425 SF two story retail/office building completed in 2007 on over 1 ac lot in high income (AHI $111K/yr) Orlando suburbs. 100% leased to nine tenants. NOI $263K/yr. $3.75M. 7% cap. Mixed-use in Orangevale, CA: 69,388 SF well maintained office/retail building constructed in 1994 in growing and upper middle class Sacramento suburbs. Major tenant is a 35,000 SF state-of-the-art California Family Fitness Center with 19 locations in Sacramento metro. 97% leased. Actual NOI $1.165M/yr. $15.755K/yr. 7.40% cap. Shopping Center in Meridian, ID: 50,090 SF shopping center built in 1994 on 4.48 ac lot along main retail corridor in growing upper middle-class area. 100% leased to Goodwill, Jump Time and Xtreme Pulse Cheer. NOI $390K/yr. $5.3M. 7.36% cap. MOB in Poughkeepsie, NY: 10,000 SF Class A multitenant medical office building adjacent to MidHudson Regional Hospital. 75% leased. Actual NOI $124K/yr. $1.55M. 8% actual cap. Upside potential when fully leased. Mixed-use in Amherst, NY: 9990 SF retail building and 17,197 SF medical office building in upper middle class Buffalo MSA with an AHI of $92K/yr in a 1 mile radius. Tenants include: Dandelions Restaurant, Corvette Cleaner, Audubon Women Health & Buff Pediatric Associates. 9% cap. Price Not Disclosed. Retail Center in Fort Worth, TX: 18,900 SF eye-catching retail center on 1.73 ac corner lot. Good demographics: 1,274% pop growth since 2000 & affluent neighborhood with an AHI of 100K/yr in a 1 mile ring. 100% leased. NOI $182K/yr. $2.6M. 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.