12-04: MOB, Eco Thrift, Hobby Lobby & Dunham's Sports, Hooters, Shopping Centers

Daily Best Commercial Properties

MOB in Allentown, PA: 8704 SF Class-A medical office building on .33 ac lot. Close to St. Luke's and Lehigh Valley Hospitals. 100% NNN leased by St. Luke's Valley Associates OB/BYN. NOI $162K/yr with annual CPI rent increases. $1.95M. 8.35% cap. Shopping Center in Suwanee, GA: 42,300 SF consisting of two retail buildings completed in 2006 on 5 ac lot along major corridor in affluent Atlanta metro with an AHI of $155K/yr in a 1 mile ring. 85% leased. NOI $524K/yr. $6.9M. 7.60% cap. Eco Thrift in Sacramento, CA: 38,536 SF single tenant retail building on over 4 ac lot. Visible and on off/on ramp of Hwy-99. Tenant has been at this location since 1982. Recently extended 10 yr lease.  Eco Thrift, a regional operator with seven locations. NOI $337K/yr with 3% annual rent increases. $5M. 6.75% cap. Hobby Lobby & Dunham's Sports in Brookfield, WI: 109,325 SF newly renovated big-box retail buildings on 7.75 ac lot along main retail artery in high income (AHI $104K/yr) Milwaukee suburbs. Close to Brookfield Square Mall and I-94. 100% NNN leased to two national tenants. NOI $958K/yr. $14.202M. 6.75% cap. Hooters in Raleigh, NC: 3417 SF recently renovated restaurant on nearly 1 ac lot in growing upper middle class area. Adjacent to Walmart Supercenter and close to Duke's Raleigh Hospital. 100% absolute NNN corp lease with 10 yrs left. NOI $124K/yr with 4% rent increases every 2 yrs. $1.985M. 6.25% cap. Shopping Center in Hemet, CA: 31,188 SF well maintained shopping center at a signalized intersection in Riverside County. NNN leased. NOI $343K/yr. $5.2M. 6.60% cap. Shopping Center in Oceanside, CA: 20,838 SF consisting of four well kept buildings on over 2 ac lot in growing San Diego County. With easy access to I-5. Major tenants include Jiffy Lube & Weinerschnitzel. 94% leased with good tenant mix. NOI $463K/yr. $7.6M. 6.10% 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.