Friday, October 30, 2015

10-16: Walgreens, 7-Eleven, Kiddie Academy, Shopping Centers, MOB, Office Buildings

Daily Best Commercial Properties

  1. MOB in Port Saint Lucie, FL: 6184 SF Class-A single tenant medical office building constructed in 2004 on 1.40 ac lot along major corridor. Close to Tradition Medical Center and I-95. Across from Sam's Club and Walmart Supercenter. 100% NNN lease with 5 yrs left. NOI $114K/yr with rent increases. $1.475M. 7.75% cap.
  2. Walgreens in Lawrenceville, GA: 15,120 SF Walgreens built in 2001 on nearly 2 ac lot at a hard corner location in growing middle-class Atlanta suburbs. 100% NNN lease with over 10 yrs left. NOI $395K/yr. $6.076M. 6.5% cap.
  3. Office Building in Reno, NV: 13,440 SF single-tenant office building completed in 1997 on 1 ac lot. Close to Renown South Meadows Medical Center and I-580. 100% NNN leased. NOI $177K/yr. $2.534M. 7% cap.
  4. 7-Eleven in Wilmington, DE: 2871 SF retail building at a signalized intersection in Philadelphia MSA. 100% NNN lease with 6 yrs left. NOI $68K/yr. $985K. 7% cap.
  5. Office Building in San Leandro, CA: 13,622 SF Class-B multitenant office building at a corner location in upper middle class area East of San Francisco. Across from Safeway Grocery and CVS. Close to BART-San Leandro Station. 100% leased. NOI $130K/yr. $2.499M. 5.21% cap.
  6. Kiddie Academy in Fort Wayne, IN: 7904 SF child-care facility renovated in 2013 on .77 ac lot in a growing and high income area with an AHI of $87K/yr in a 1 mile radius. 100% NNN lease with 13 yrs left. NOI $125K/yr. $1.55M. 8.12% cap.
  7. Shopping Center in Arlington, WA: 87,101 SF well maintained shopping center on 6.59 ac lot on an off/on ramp of I-5. Close to Costco, Walmart, Target, Safeway and Lowe's. 94% leased. Actual NOI $731K/yr. $9.5M. 7.70% 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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