11-03: Retail Centers, Shopping Centers, Strip Centers

Daily Best Commercial Properties

Retail Center in Milwaukee, WI: 35,327 SF well maintained retail center on 3.50 ac lot along main corridor. Close to Walmart. 88% leased with good tenant mix. Actual NOI $328K/yr. $3.454M. 9.50% actual cap. Upside potential. Shopping Center in Derby, KS: 31,557 SF consisting of two well maintained retail buildings  on 1.7 ac lot in high income Wichita suburbs. 100% leased. NOI $381K/yr. $4.15M. 9.19% cap. Strip Center in Las Vegas, NV: 3600 SF newly constructed strip center on .49 ac lot in a booming (1471% pop growth since 2013) and upper middle-class (AHI $83K/yr) area. Close to St Rose Dominican Hospital.  100% NNN leased to Zaba's Mexican Grill and Papa Murphy's Pizza. NOI $113K/yr. $1.82M. 6.25% cap. Shopping Center in Albuquerque, NM: 29,934 SF shopping center renovated in 2000 on over 4 ac lot in a fast growing area. Close to Cottonwood Mall. 96% leased. Actual NOI $793K/yr. $11.338M. 7% cap. Shopping Center in Westerville, OH: 51,872 SF well kept shopping center in Columbus suburbs. Adjacent to Mount Carmel St. Ann's Hospital and with easy access to I-270. 95% leased. NOI $504K/yr. $6.295M. 8.01% cap. Retail Center in Garden City, MI: 16,118 SF retail center along main retail corridor. All units face main artery. Across from ALDI grocery. 100% leased. NOI $169K/yr. $1.75M. 9% 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.