Thursday, December 17, 2015

12-03: Barnes & Noble, Acetated Urgent Care, MOB, Shopping Centers


Daily Best Commercial Properties

  1. Strip Center in Columbia, SC: 7500 SF attractive strip center built in 2012 on nearly 1 ac outparcel to Walmart at a signalized intersection. 100% NNN leased to Aspen Dental, Famous Hair, T-Mobile and Three River Investments. NOI $197K/yr. $2.828M. 7% cap.
  2. MOB Portfolio in Reno, NV: 15,134 SF Class-A consisting of four medical office buildings. Close to Renown South Meadows Medical Center and adjacent to I-580. 100% NNN leased. NOI $337K/yr. $5.185M. 6.50% cap.
  3. Retail Center in Champaign, IL: 24,454 SF retail center built in 1995 on over 2 ac lot at a major retail artery. Shadow anchored by Target and Lowe's. Adjacent major tenants include: Walmart Supercenter, Meijer, Menards. Close to Market Plaza Mall and I-74. 100% leased to national/regional tenants. NOI $314K/yr. $4.4M. 7.15% cap.
  4. Barnes & Noble in Omaha, NE: 26,985 SF single-tenant retail building on 2.46 ac lot. Adjacent to Oak View Mall. Tenant invested $75K in improvements to the building. 100% NNN leased with 4 yrs left. NOI $404K/yr. $5.223M. 7.75% cap.
  5. Accelerated Urgent Care in Bakersfield, CA: 6500 SF freestanding newly renovated single-tenant medical office building on .63 ac lot at a hard corner location. 10 yrs NNN corp lease. NOI $214K/yr with a 10% rent bump in yr 6. $3.575M. 6% 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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