Wednesday, December 23, 2015

12-09: BBW, Tuffy/CarX, Children's of America, Retail Centers, Office Buildings


Daily Best Commercial Properties

  1. Buffalo Wild Wings in Avon Lake, OH: 6662 SF well maintained restaurant along main corridor in growing and high income (AHI $90K/yr) area. New 12 yrs absolute NNN lease. NOI $156K/yr with 8% rent bumps every 5 yrs. $2.5M. 6.24% cap.
  2. Shopping Center in Waldorf, MD:45,395 SF shopping center constructed in 2002 on 5.86 ac lot anchored by Food Lion grocery in high income (AHI $103K/yr in a 1 mile ring) Washington MSA. Close to St Charles Towne Center. 100% NNN leased. NOI $582K/yr. $7.518M. 7.75% cap.
  3. Office Building in Moreno Valley, CA: 4573 SF Class-B multi-tenant office building on .66 ac lot in growing and high income Riverside County. 100% leased to two tenants. NOI $94K/yr. $1.35M. 7% cap.
  4. Tuffy/Car X Tire & Auto in Bettendorf, IA: 5100 SF four-bay auto center built in 2007 on 1.46 ac lot along busy corridor. 100% NNN- ground lease (land for sale) to a strong operator with 12 yrs left. NOI $132K/yr with 8.77% rent bumps every 5 yrs. $2.04M. 6.50% cap.
  5. Strip Center in Commerce, CA: 8467 SF L-shaped strip center constructed in 1997 at a corner location in densely populated Southern California. Close to Hwy-5. 100% leased. NOI $110K/yr. $1.89M. 5.87% cap.
  6. Retail Center in Surprise, AZ: 6087 SF attractive retail center constructed in 2009 in booming Phoenix MSA with 18,512% pop growth since 2000. NNN leased to national & regional tenants. NOI $147K/yr. $2.1M. 7% cap.
  7. Strip Center in Surprise, AZ: 6507 SF eye-catching strip center in fast growing upper middle class Phoenix suburbs. Shadow anchored by Carmike IMAX Theatre. NNN leased to national & regional tenants. NOI $135K/yr. $1.875M. 7.22% cap.
  8. Strip Center in Surprise, AZ: 6417 SF strip center built in 2009 in a fast growing area. Shadow anchored by Carmike IMAX Theatre. NNN leased with good tenant mix. NOI $108K/yr. $1.5M. 7.22% cap.
  9. Children of America in Flossmoor, IL: 10,000 SF day care center on 1.74 ac lot in a high income area with an AHI of $106K/yr in a 1 mile ring. 100% NNN lease with 14 yrs left to a strong operator. NOI $227K/yr with annual rent increases. $2.84M. 8% cap.
  10. Retail Center in Marietta, GA: 8468 SF retail center on nearly 1 ac lot in growing and affluent Atlanta metro with an AHI of $121K/yr in a 3 mile radius. Tenants include: Edward Jones, Natural Smiles Dentistry, Healthy Step Pediatrics and a pet food supply store. 88% leased. Pro forma NOI $134K/yr. $1.9M. 7.10% 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.

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