10-23: CVS, Big 5 Sporting Goods, Denny's, Retail Centers

Daily Best Commercial Properties

Retail Center in Chattanooga, TN: 12,500 SF attractive retail center built in 2004 on 1.74 ac lot. Adjacent to Home Depot and Lowe's. Close to Hamilton Place Mall and I-75. 100% leased to three tenants. NOI $156K/yr. $1.9M. 8.25% cap. CVS in Southgate, MI: 10,972 SF well maintained CVS Pharmacy completed in 1998 on .73 ac lot on a major retail thoroughfare in Detroit suburbs. 25 yrs absolute NNN ground lease (land is for sale and tenant owns the building) with 8 yrs left and rare rental increases every 5 yrs. NOI $183K/yr. $2.815M. 6.5% cap. Big 5 Sporting Goods in Los Banos, CA: 10,000 SF well kept retail building at a major artery in growing middle-class Merced County 30 minutes South of San Jose. Adjacent to Food 4 Less and Home Depot. 100% NNN leased. NOI $153K/yr. $2.5M. 6.12% cap. Retail Building in Orland Park, IL: 14,923 SF retail building completed in 1998 on 1.53 ac lot at a signalized intersection in high income Chicago suburbs. Close to Place Mall. 100% NNN leased to Physicians Immediate Care, and Heavenly Massage. NOI $338K/yr. $4.7M. 7.20% cap. Denny's in Indianapolis, IN: 6471 SF 24-hours drive-thru casual family restaurant built in 1993 on 1.27 ac outparcel to Lowe's. With easy access to I-70. 100% absolute NNN lease with over 12 yrs left to a strong operator with 31 units. NOI $147K/yr with rent bumps every 5 yrs. $2.45M. 6% cap. Retail Center in Cotati, CA: 14,000 SF ten-units retail center on 1.59 ac lot in a growing city North of San Francisco. On an off/on ramp of Hwy-101. 90% leased. Actual NOI $149K/yr. $2.299M. 6.50% cap. Strip Center in Oceanside, CA: 7140 SF strip center built in 2006 on .89 ac lot along major retail corridor in middle-class San Diego county. With easy access to I-5. 100% leased. $3.5M. NOI N/A.

(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.