Monday, November 2, 2015

10-19: Walgreens, Taco Bell, MOB, Office Buildings, Retail Centers


Daily Best Commercial Properties

  1. MOB in Sacramento, CA: 13,793 SF well maintained medical office building adjacent to Methodist Hospital. Close to Kaiser Permanente and next to Hwy-99. 100% leased to multiple tenants. NOI $221K/yr. $3.16M. 7% cap.
  2. Medical Office Building in San Jose, CA: 5434 SF three-units well kept medical/office building constructed in 1998 on .27 ac corner lot along major artery in high income (AHI $103K/yr in a 3 mile radius) Silicon Valley. Close to Hwy-280. Deliver vacant.  Ideal for user. $2.8M.
  3. Walgreens in Olathe, KS: 15,120 SF Walgreens on 1.88 ac lot at a hard corner location in high income (AHI $105K/yr) Kansas City MSA. Across from 24 hour Hy-Vee grocery. 20 yrs absolute NNN corp lease. NOI $429K/yr. $6.6M. 6.5% cap.
  4. Taco Bell in Bloomington, CA: 2565 SF attractive drive-thru fast food restaurant in San Bernardino suburbs in Southern CA. With easy access to I-10. 20 yrs NNN ground lease (land for sale) with 4 yrs left to a strong franchisee with 11 units. NOI $76K/yr. $1.388M. 5.5% cap.
  5. Shopping Center in Chesapeake, VA: 76,827 SF high-end lifestyle shopping center completed in 2007 on nearly 16 ac lot in Norfolk suburbs. Adjacent to major Power Centers and close to Greenbrier Mall. 98% leased with good tenant mix. NOI $1.312M/yr. $17.5M. 7.50% cap.
  6. Retail Building in Litchfield Park, AZ: 7148 SF retail building built in 2005 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.
  7. MOB in Chandler, AZ: 22,500 SF Class-B multitenant medical office building constructed in 2001 on nearly 5 ac lot. Adjacent to Chandler Regional Medical Center. 100% leased. $5.95M. NOI N/A.
  8. MOB in Scottsdale, AZ: 13,589 SF well kept medical office building completed in 1998 on 1.46 ac lot. Close to Scottsdale Shea Medical Center and Hwy-101. 100% leased to multiple tenants. $1.895M. NOI N/A.
  9. Retail Building in Norfolk, VA: 9520 SF retail building constructed in 2005 in a growing middle-class area. 100% NNN leased to Family Dollar and CheckSmart. NOI $102K/yr. $1.321M. 7.75% cap.
  10. Office Buildings in Antioch, CA: 25,216 SF consisting of four multitenant office buildings on over 2 ac lot in middle-class Contra Costa County. Across from Lowe's and adjacent to 522,977 SF Century Plaza and Costco. Close to Somersville Towne Center and Hwy-4. 95% leased. Actual NOI $200K/yr. $2.5M. 8% 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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