Wednesday, November 25, 2015

11-13: Glory Days Grill, Culver's, Complete Care Emergency Room, MOB


Daily Best Commercial Properties

  1. Glory Days Grill in Lakeland, FL: 6014 SF brand new restaurant on 1.60 ac outparcel to Lakeside Village with 18 IMAX Theater, Belk and Kohl's. Across from Target and Publix Super Market. On an off/on ramp of Hwy-570. 20 yrs absolute NNN ground lease (land for sale) to a strong operator. NOI $165K/yr with 10% rent bumps every 5 yrs. $2.75M. 6% cap.
  2. MOB in Duncanville, TX: 5265 SF well kept single tenant medical office building on .51 ac lot at a signalized intersection in Ft. Worth/Dallas metro. Close to Methodist Charlton Medical Center. Near Hwy-67 and with easy access to I-20. 100% NNN- corp lease with 2 yrs left to Texas Health Resources. NOI $102K/yr. $1.13M. 9.03% cap.
  3. MOB in Dallas, TX: 22,220 SF Class-A multitenant medical office building on over 1 ac lot. Close to South Hampton Community Hospital. 100% NNN leased to seven medical tenants. NOI $296K/yr. $3.955M. 7.50% cap.
  4. Strip Center in Mesa, AZ: 12,068 SF attractive strip center built in 2001 on 1.29 ac lot at a hard corner location. Across from Power Square Mall Outlets and close to Superstition Springs Center Mall. With easy access to Hwy-60. 95% leased. Pro forma NOI $285K/yr. $4M. 7.13% pro forma cap.
  5. Office Building in Clinton Township, MI: 17,000 SF Class-B office building on over 2 ac lot in upper middle-class area. Tenant has been at this location since 2003. 100% NNN lease with 4 yrs left to St. John Home Health Care. NOI $205K/yr. $2.5M. 8.22% cap.
  6. Culver's in Conroe, TX: 4042 SF restaurant constructed in 2001 on .52 ac outparcel to Montgomery Plaza with Spec's Wine Sports and Fine Foods, Petco and Big Lots. Across from Walmart Supercenter and Sam's Club. Near I-45. 100% NNN lease with 4 yrs left. NOI $122K/yr. $1.694M. 7.25% cap.
  7. Complete Care Emergency Room in Pantego, TX: 5400 SF newly renovated urgent care center on .55 ac lot in fast growing Ft. Worth/Dallas suburbs. New 10 yrs NNN lease with 4 yrs corp guaranty. NOI $135K/yr with 10% rent increases every 5 yrs. $2.076M. 6.50% cap.
  8. Retail Center in Duluth, GA: 13,020 SF attractive retail center built in 2004 along major retail corridor in fast growing Atlanta metro. Shadow anchored by Walmart Supercenter. 85% leased with multiple credit tenants. Actual NOI $318K/yr. $4.399M. 7.35% cap.
  9. Retail Center in Vista, CA: 9040 SF In-line retail center on .86 ac lot shadow-anchored by Vons in growing City in Southern California. NNN leased to six tenants & only one vacancy. NOI $151K/yr. $2.5M. 6.06% cap.
  10. Shopping Center in Stoughton, MA: 75,000 SF well maintained shopping center anchored by PriceRite grocery at a corner location in high income Boston metro with an AHI of $96K/yr in a 3 mile ring. NOI $630K/yr. $9M. 7% 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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