Wednesday, December 16, 2015

12-02: DaVita, Perko's Cafe, Professional Buildings, Retail Centers

Daily Best Commercial Properties

  1. DaVita in Maumee, OH: 7097 SF brand new dialysis center in growing and upper middle-class Toledo suburbs. Close to ProMedica St Luke's Hospital and I-475. New 15 yr NNN- lease. NOI $163K/yr with 10% rent bump in yr 11. $2.72M. 6% cap.
  2. Retail in Pelham, AL: 11,444 SF attractive retail center along busy retail corridor in growing Birmingham suburbs. Close to Walmart Supercenter. 100% NNN leased. NOI $147K/yr. $1.658M. 8.90% cap.
  3. Shopping Center in Portage, IN: 145,773 SF consisting of four retail buildings in a growing middle-class area. With easy access to I-80. Major tenants include: Starbucks, Dunkin' Donuts, Jimmy John's, Family Dollar, GNC, Hallmark, CiCi's Pizza, H&R Block, Aaron's and Verizon Wireless. 98% NNN leased. Actual NOI $1.155M/yr. $16.16M. 7.15% cap.
  4. Perko's Cafe in Fresno, CA: 3466 SF free-standing franchised restaurant on .57 ac outparcel to FoodMaxx, OSH and dd's Discounts center. 100% NNN lease with 6 yrs left. NOI $72K/yr. $1.152M. 6.25% cap.
  5. Retail Center in Dayton, OH: 18,288 SF retail center built in 2007 on 2 ac outparcel to Target and Home Depot. Close to Miami Valley Hospital. With easy access to I-675. 100% NNN leased. NOI $332K/yr. $4.745M. 7% cap.
  6. Strip Center in Palm Harbor, FL: 9056 SF attractive strip center completed in 1999 on nearly 3 ac lot in Tampa suburbs. Along Hwy-19. 100% leased with good tenant mix including Vitamin Shoppe. NOI $206K/yr. $2.45M. 8.44% cap.
  7. Shopping Center in Orland Park, IL: 40,000 SF well kept shopping center along major retail artery and high income (AHI $102K/yr in 3 miles) neighborhood. Close to Orland Square Mall. 90% leased. Actual NOI $377K/yr. $4.1M. 9.20% actual cap. Upside potential.
  8. Professional Building in Plainfield, NJ: 10,000 SF Class-B 3 story multitenant professional building in high income New York metro with an AHI of $104K/yr in a 3 mile ring. Close to Muhlenberg Medical Center. NOI $90K/yr. $1M. 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.

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