Monday, December 28, 2015

12-14: Big O Tires, Burger King, MOB, Joe's Crab Shack, Retail Center


Daily Best Commercial Properties

  1. Big O Tires in Thornton, CO: 6672 SF auto center built in 2000 on .61 ac outpacel to Albertsons center in growing Denver suburbs. 15 yrs absolute NNN lease with 7 yrs left. NOI $101K/yr with CPI rent bumps every 5 yrs. $1.616M. 6.25% cap.
  2. Burger King in Fruit Cove, FL: 3,500 SF well maintained fast food restaurant on nearly 1 ac lot in growing and affluent (AHI $123K/yr) Jacksonville MSA. Across from Publix center and adjacent to Walmart Neighborhood Market Center. 100% NNN lease with 9 yrs left. NOI $119K/yr. $1.575M. 7.60% cap.
  3. Retail Center in Miramar, FL: 9662 SF well kept retail center on .70 ac lot along busy artery in growing middle-class Miami suburbs. 100% NNN leased to convenience store, bakery, beauty salon, restaurant, barber and Laundromat. NOI $133K/yr. $1.9M. 7% cap.
  4. MOB in El Paso, TX: 15,005 SF Class-A multitenant medical office building constructed in 2009 on over 1 ac lot. Across from Foundation Surgical Hospital. 100% leased to five medical tenants. NOI $266K/yr. $3.14M. 8.48% cap.
  5. Retail Center in Puyallup, WA: 13,743 SF retail center on 1.24 ac lot in Tacoma/Seattle suburbs. All units face main corridor. Across from Safeway center and adjacent to Regal Cinemas. 100% NNN leased. $2.65M. 6.62% cap.
  6. Joe's Crab Shack in Houston, TX: 11,660 SF seafood restaurant built in 1994 on over 2 ac lot along Hwy-6. Close to West Oaks Mall. 100% absolute NNN corp lease with over 10 yrs left. NOI $315K/yr. $4.356M. 7.25% cap.
  7. MOB in Boynton Beach, FL: 29,986 SF Class-B two-story multitenant medical office building on 2 ac lot. Across from Bethesda Memorial Hospital. 87% NNN leased. Actual NOI $391K/yr. $5.75M. 6.80% 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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