Wednesday, November 11, 2015

10-28: Chicken Express, Burger King, Fresenius Dialysis Care, MOB, Retail Centers



Daily Best Commercial Properties

  1. MOB in Snellville, GA: 28,849 SF Class-B medical office building on 2.55 ac lot in growing upper middle-class Atlanta suburbs. Adjacent to Eastside Medical Center. 74% leased to medical and professional tenants. NOI $158K/yr. $2M. 7.94% cap.
  2. Strip Center in Chicago, IL: 9975 SF attractive strip center at a signalized intersection. Tenants include: 7-Eleven, V1 Nails, Cake Bros, ZUMBA, Boost Mobile, North Ave Falafel and Check Into Cash. 87% leased. NOI $119K/yr. $1.495M. 8% cap.
  3. Chicken Express in El Paso, TX: 3096 SF brand new fast food restaurant on .75 ac lot. Close to Foundation Surgical Hospital and I-10. New 20 yr absolute NNN lease. NOI $98K/yr. $1.4M. 7% cap.
  4. Burger King in Phoenix, AZ: 3500 SF Burger King on .80 ac outparcel to Albertsons center and Walgreens. 100% NNN lease with 3 yrs left to an experienced franchisee. NOI $94K/yr. $1.461M. 6.50% cap.
  5. Retail Center in Waukesha, WI: 7920 SF attractive retail center constructed in 2005 on .80 ac lot at a signalized intersection. Close to Waukesha Memorial Hospital. 83% leased to Qdoba, Domino's Pizza and Mi Casa Hair Salon. Actual NOI $91K/yr. $1.2M. 7.62% cap.
  6. Shopping Center in Irving, TX: 63,684 SF well kept shopping center on 4.77 ac lot at a hard corner location in Fort Worth/Dallas suburbs. Shadow anchored by India Bazaar. Near Baylor Scott & White Medical Center and Hwy-183. 90% NNN leased. NOI $497K. $6.1M. 8.15% cap.
  7. Retail Center in Spring, TX: 18,582 SF retail center built in 2007 on 1.89 ac lot along major artery in affluent Houston metro with an AHI of $103K/yr in a 3 mile radius. 100% NNN leased. 7% cap. NOI N/A.
  8. Retail Center in Surprise, AZ: 13,901 SF retail center built in 2008 on 4 ac outparcel to Walmart Neighborhood Market in fast growing Phoenix MSA. 100% leased. NOI $293K/yr. $4.198M. 7% cap.
  9. Fresenius Medical Care in Whitehall, PA: 10,170 SF built-to-suit dialysis center on .90 ac lot in middle-class Allentown suburbs. Tenant has been at this location since 2009. New 10 yrs NNN lease. NOI $209K/yr with 3% annual rent bumps starting in yr 6. $3.223M. 6.50% cap.
  10. MOB in Cooper City, FL: 12,193 SF Class-B eight units medical office building along main artery. Close to Memorial Hospital Pembroke. 100% NNN leased. NOI $144K/yr.  $1.8M. 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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