Tuesday, December 22, 2015

12-08: Arby's, Mixed-use, Office Buildings, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Phoenix, AZ: 20,400 SF well maintained retail center in upper middle-class area with an AHI of $81K/yr in a 1 mile ring. Big monument sign at main entrance. Close to Hwy-5. 92% leased. NOI $197K/yr. $2.725M. 7.26% cap.
  2. Retail Center in Sun City, AZ: 10,137 SF attractive retail center on .92 ac lot at a hard corner location in Phoenix suburbs. 91% leased by five successful tenants. Actual NOI $113K/yr. $1.575M. 7.20% cap. Upside potential.
  3. Retail Center in Plano, TX: 14,984 SF eye-catching retail center built in 2004 on 1.44 ac lot in fast growing and affluent (AHI $129K/yr) Ft. Worth/Dallas MSA. Close to Children's Medical Center at Legacy. 100% NNN leased to eight tenants including, Optometrist, Dentist and Chiropractor. NOI $299K/yr. $4.135M. 7.25% cap.
  4. Professional Center in Fremont, CA: 22,500 SF Class-B multitenant professional building on 1.78 ac lot in affluent Silicon Valley with an AHI of $167K/yr in 1 mile radius. Close to I-688/880. 81% leased to regional & local tenants. NOI $248K/yr. $4.095M. 6.07% cap.
  5. Shopping Center in San Diego, CA: 34,051 SF consisting of two attractive retail centers on 2.43 ac lot along busy retail corridor. Major tenants: Rent A Center, Subway and Little Caesar's. 100% NNN leased. NOI $538K/yr. $8.975M. 6% cap.
  6. Office Building in Scottsdale, AZ: 21,158 SF Class-A office building completed in 2003 in high income (AHI $104K/yr in a 3 mile radius) Phoenix suburbs. Adjacent to Honor Health's Scottsdale Shea Medical Center. 100% leased to two strong credit tenants. NOI $414K/yr. $6.1M. 6.80% cap.
  7. Retail Center in New Lenox, IL: 22,551 SF retail center built in 2007 on 3.86 ac lot. 88% leased with mostly NNN leases. Good tenant mix: University of Chicago Medicine, Rosati's Pizza and Rising Sun Chinese Restaurant among others. Actual NOI $234K/yr. $2.499M. 9.38% cap. Upside potential.
  8. Arby's in Palatine, IL: 3000 SF well maintained Arby's restaurant on .45 ac lot in a high income area with an AHI of $94K/yr in a 1 mile ring. 20 yrs NNN lease with 10 yrs left. NOI $87K/yr with 2% annual rent increases. $1.186M. 7.35% cap.
  9. Mixed-use in Tamarac, FL: 12,900 SF well maintained retail/office building on 1.50 ac lot in Fort Lauderdale suburbs. Across from Publix Super Market and Ross Dress for Less center. 93% leased. NOI $236K/yr. $2.95M. 8% cap.
  10. Arby's in Greensboro, NC: 3693 SF newly renovated fast food restaurant on nearly 1 ac outparcel to Hobby Lobby and Dollar Tree center. Along major retail corridor close to Target, Walmart Supercenter and Home Depot. Close to I-40/73. 100% NNN leased with 4 yrs left. NOI $146K/yr. $1.92M. 7.63% 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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