Tuesday, December 8, 2015

11-23: Dollar General, MOB, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Springboro, OH: 13,827 SF consisting of two well maintained retail buildings on over 2 ac lot along busy corridor in high income (AHI $93K/yr) Cincinnati suburbs. NNN leased. NOI $140K/yr. $1.499M. 9.40% cap.
  2. Retail Center in Manassas, VA: 14,408 SF attractive retail center built in 2009 in growing and high income Washington MSA with an AHI of $100K/yr in a 1 mile ring. 100% NNN leased. 7% cap. NOI/Price N/A.
  3. Shopping Center in Florissant, MO: 23,500 SF well maintained shopping center at a corner location middle-class St Louis metro. Major tenants include: 7200 SF Fresenius Dialysis Center and 5800 SF Advance Auto Parts. 100% NNN leased to 8 tenants. NOI $365K/yr. $3.85M. 9.50% cap.
  4. Dollar General in Fairview Heights, IL: 10,875 SF well kept single-tenant retail building completed in 2009 on over 2 ac lot along busy corridor in St. Louis suburbs. 100% NNN lease with 3 yrs left. NOI $93K/yr. $1.095M. 8.50% cap.
  5. MOB in Colorado Springs, CO: 12,457 SF Class-B multitenant medical office building completed in 1997 on nearly 1 ac lot. Adjacent to several major medical practices. 100% NNN leased. NOI $124K/yr. $1.66M. 7.50% cap.
  6. Shopping Center in Virginia Beach, VA: 50,838 SF recently renovated shopping center on 4.55 ac lot anchored by Farmers International Foods grocery in growing upper middle-class Norfolk suburbs. 100% leased. NOI $372K/yr. $4.325M. 8.62% 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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