10-09: 24 Hours Fitness, Walgreens, Tire Kingdom, Advance Auto Parts, MOB, Retail Centers

Daily Best Commercial Properties

Retail Center in Tomball, TX: 16,800 SF retail center built in 2008 on nearly 2 ac lot in fast growing and affluent Houston suburbs with an AHI of $100K/yr in a 3 mile radius. 100% leased with solid local tenants. NOI $276K/yr. $3.295M. 8.40% cap. Shopping Center in Grayson, GA: 35,635 SF attractive shopping center constructed in 2007 at a signalized intersection in growing high income (AHI $83K/yr) Atlanta metro. Along Hwy-10. 97% leased. NOI $417K/yr. $6M. 6.95% cap. 24 Hour Fitness in Upland, CA: 33,350 SF fitness center renovated in 2004 on over 3 ac lot along major artery in upper middle-class San Bernardino County. Tenant has been at this location for 11yrs. 100% NNN lease with 4 yrs left. NOI $403K/yr. $7.018M. 5.75% cap.  Note: 24 Hr Fitness is subleasing from the tenant and paying $864K/yr. Walgreens in Saint Augustine, FL: 15,525 SF Walgreens pharmacy on 1.51 ac lot. Adjacent to Ponce de Leon Mall and near Flagler Hospital. Newly extended NNN corp lease with 4 yrs left. NOI $225K/yr. $3.463M. 6.5% cap. Tire Kingdom in Saint Petersburg, FL: 7689 SF single tenant auto center along busy artery. 100% absolute NNN corp lease with 4.5 yrs left. NOI $73K/yr. $1.018M. 7.25% cap. Retail Center in Poway, CA: 27,453 SF retail center remodeled in 2013 on over 2 ac lot in high income San Diego suburbs with an AHI of $107K/yr in a 3 mile ring. 96% leased. NOI $396K/yr. $6.25M. 6.34% cap. Advance Auto Parts in Orlando, FL: 7000 SF well maintained auto center on 1 ac lot  along busy corridor. Across from Winn-Dixie grocery center. 100% NNN lease with over 4 yrs left. NOI $132K/yr. $1.879M. 7.05% cap.  Store with strong sales revenue of $1.5M/yr MOB in Tucson, AZ: 31,944 SF Class-B medical office building on over 2 ac lot at a hard corner location. Major tenants include: Barnet Dulaney Perkins Eye Center and Dermatology & Plastic Surgery of Arizona. 90% leased. NOI $345K/yr. $4.6M. 7.51% cap. Retail Center in La Quinta, CA: 36,001 SF eye-catching retail center on 3.38 ac lot in Riverside County. Adjacent to Home Depot and Smart and Final. National tenants include: Goodwill and Dollar Tree. 87% leased. Actual NOI $579K/yr. $9.2M. 6.30% actual cap. Upside potential when fully leased.

(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.