10-29: Havoline Xpress Lube, Mimi's Cafe, Fresenius Dialysis, Walgreens

Daily Best Commercial Properties

Havoline Xpress Lube in Duluth, GA: 4314 SF retail building constructed in 1995 along major retail corridor in growing and high income (AHI $97K/yr in a 3 mile radius) Atlanta suburbs. Across from Kroger shopping center. Close to Gwinnett Medical Center. New 15 yrs absolute NNN lease to a strong operator with over 290 units. NOI 92K/yr with 10% rent bumps every 5 yrs. $1.43M. 6.50% cap. Retail Center in Port Charlotte, FL: 14,010 SF retail center built in 2007 in a fast growing middle-class area. Close to Walmart Supercenter and with easy access to I-75. 70% leased. Pro forma NOI $139K/yr. $1.9M. 7.30% pro forma cap. Mimi's Cafe in Omaha, NE: 7170 SF restaurant built in 2004 on 1.24 ac outparcel to Village Pointe, an upscale open-air Power Center. Close to Methodist Women’s Hospital and next to Hwy-6. 20-yrs absolute NNN lease with 9 yrs left. NOI $193K/yr with 10% rent bumps every 5-yrs. $2.5M. 7.75% cap. Fresenius Medical Care in University City, MO: 8360 Class-A dialysis center on 1.35 ac lot in St Louis suburbs. 100% NNN corp lease with 6 yrs left. NOI $196K/yr with 3% annual rent increases. $3.01M. 6.50% cap.  Note: NOI is $311K/y till 8/2016 then reduced to $196K/yr. Walgreens in Portland, OR: 13,490 SF drive-thru drug store built in 1999 on 1.29 ac lot at a signalized intersection. 20 yrs NNN lease with 4 yrs left. NOI $357K/yr. $5.3M. 6.75% 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.