Wednesday, December 9, 2015

11-25: T.J. Maxx, MOB, Office Buildings


Happy Thanksgiving.  Transmercial will close on Thursday & Friday for Thanksgiving.

Daily Best Commercial Properties

  1. T.J. Maxx in Oshkosh, WI: 24,000 SF single-tenant retail building constructed in 2012 on 1.85 ac lot along major retail corridor with Target, Walmart, Walgreens, Best Buy, and Shopko. With excellent visibility and convenient access to Hwy-41. 10 yrs NNN lease to credit tenant with 7 yrs left. NOI $204K/yr. $3.4M. 6% cap. Note: Flyer not available, full brochure upon request.
  2. Office Building in Scotts Valley, CA: 13,580 SF Class-B consisting of two office buildings on 1.32 ac lot in affluent San Jose/Santa Cruz suburbs with an AHI of $139K/yr in 1 mile.  Visible from Hwy-17. NOI $109K/yr. $2.195M. 5% cap.
  3. MOB in Dallas, TX: 6389 SF Class-A medical office building in a densely residential area. 100% NNN leased to Family Medical Practice, Dental Clinic and Chiropractor. NOI $115K/yr. $1.769M. 6.50% cap.
  4. MOB in Colonie, NY: 8588 SF Class-A medical office building on .77 ac lot in upper middle class Albany suburbs with an AHI of $87K/yr. 100% NNN leased to Newton Medical and Dental-First Advantage. $1.2M. NOI N/A.
(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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