11-06: Hooters, Wendy's LA Fitness, Walgreens, Sport Authority, Office Center

Daily Best Commercial Properties

Hooters in North Little Rock, AR: 5073 SF Hooters restaurant on 1.68 ac lot adjacent to major power centers. Across from McCain Mall, near Baptist Medical Center and next to Hwy-67. 100% NNN corp lease with 9 yrs left. NOI $148K/yr with 10% rent increases every 5 yrs. $2.376M. 6.25% cap. Wendy's in Canoga Park, CA: 3139 SF fast food restaurant on .76 ac lot in upper middle-class Los Angeles County. 100% NNN lease to a strong operator with 96 units. NOI $175K/yr with annual rent bumps. $3.352M. 5.25% cap. LA Fitness in Naples, FL: 30,571 SF fitness center on over 5 ac lot in a high income area with an AHI of $94K/yr in a 1 mile ring. 100% NNN corp lease with over 7 yrs left. NOI $687K/yr with 10% rent increases every 5 yrs. $8.87M. 7.75% cap. Walgreens in Indianapolis, IN: 15,120 SF well maintained drug store constructed in 2001 on 1.74 ac lot at a signalized corner location. 100% NNN corp lease. NOI $285K/yr. $3.455M. 8.25% cap. Sports Authority in Phoenix, AZ: 63,034 SF retail building renovated in 2008 on 6.27 ac lot at a major retail corridor. Adjacent to Target and Hobby Lobby. Across from Ahwatukee Foothills Towne Center with AMC Theaters, Marshalls, Ross Dress for Less, Babies R Us and Petsmart and more. Near I-10. 100% absolute NNN leased with over 8-yrs left. NOI $1.036M/yr. $13M. 8% cap. Retail Center in Louisville, KY: 14,737 SF attractive retail center built in 2004 on 2 ac lot in growing and affluent (AHI $116K/yr in a 3 mile ring) neighborhood. 100% NNN leased. NOI $196K/yr. $2.45M. 8% cap. Retail Center in Katy, TX: 17,125 SF retail center completed in 2013 on 1.68 ac lot in booming (2,309% pop growth since 2000) and prosperous (AHI $160K/yr in 3 miles) Houston MSA. 100% NNN leased. NOI $386K/yr.  $5.308M. 7.50% cap. Retail Center in Houston, TX: 14,350 SF attractive retail center built in 2010 on 1.72 ac lot along major artery in a fast growing area. 100% leased to Normandy Dental, Capital Title, Edward Jones, Barber Shop, Hal-Iows Boutique, Bibo's Cafe, Texan Nails and La Sirena Seafood Restaurant.  NOI $277K/yr. $3.962M. 7% cap. Office Building in Mesa, AZ: 21,710 SF Class-B office building on over 1 ac lot along busy corridor. 88% leased to multiple tenants. Actual NOI $180K/yr. $2.5M. 7.23% actual cap. Upside potential. Retail Center in Naples, FL: 16,449 SF well maintained retail center built in 2000 on nearly 2 ac lot in Fort Myers suburbs. 92% leased. NOI $155K/yr. $1.795M. 8.70% cap. Upside potential when fully leased.

(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.