Tuesday, December 29, 2015

12-15: SNG Dialysis Center, MOB, Kidz Connextion, Shopping Centers, Learning Experience


Daily Best Commercial Properties

  1. Retail Center in Fresno, CA: 10,904 SF retail center built in 2005 on nearly 1 ac lot. Adjacent to Fresno Surgical Hospital. On an off/on ramp of Hwy-41. 84% NNN leased to five tenants. Actual NOI $205K/yr. $3.025M. 6.78% actual cap. Upside potential.
  2. SNG Dialysis Center in Pearland, TX: 8003 SF newly constructed dialysis center on .76 ac lot in growing and high income Houston suburbs. Close to Pearland Town Center and Hwy-288. 10 yrs NN corp lease with over 9 yrs left. NOI $172K/yr. with 2.5% annual rent bumps. $2.304M. 7.50% cap.
  3. Retail Center in Memphis, TN: 22,325 SF well maintained retail center constructed in 2001 on 2.44 ac corner lot. With easy access to I-40. Major tenants: Family Dollar, Black & Decker, Kevin's Nails and Scrubtastic.  NNN leased. Actual NOI $192K/yr. $2.4M. 8.03% actual cap. Upside potential when fully leased.
  4. Retail Center in Toledo, OH: 17,131 SF attractive retail center built in 2007 on 1.50 ac lot. 100% NNN leased with good tenant mix including: DaVita Dialysis, Goodwill, Little Caesar's and China King. NOI $215K/yr. $2.5M. 8.60% cap.
  5. Shopping Center in Warren, MI: 51,029 SF well kept shopping center on a 6 ac corner lot. With seven points of access. Close to 535-bed St. John Macomb-Oakland Hospital.  71% NNN leased. Actual NOI $243K/yr. $3.2M. 7.60% actual cap. Upside potential.
  6. MOB in Murrysville, PA: 25,902 SF Class-A medical office building completed in 2011 on nearly 3 ac lot in high income Pittsburgh suburbs. Anchored by Allegheny Health Network. 89% leased. Current  NOI $426K/yr. $5.44M. 7.85% cap.
  7. Kidz Connextion in Phoenix, AZ: 6040 SF single-tenant pediatric dental clinic constructed in 1996 outpacel to Fry's Food & Drug center. 100% NNN leased with 3 yrs left. NOI $152K/yr. $1.6M. 9.50% cap.
  8. MOB in Fairfield, OH: 10,200 SF well kept single-tenant medical office building on over 1 ac lot in Cincinnati suburbs. 100% NNN- lease with 6 yrs left to Mercy Health. NOI $143K/yr with 1% annual rent increases. $1.51M. 9.50% cap.
  9. MOB in Provo, UT: 36,104 SF Class-B multitenant medical office building completed in 2005 on nearly 3 ac lot in high income (AHI $92K/yr) Salt Lake City MSA. Major tenants include: Spinal Interventions, Urgent Care, Dr. Thomas Myers and Dr. James Clayton. $6.101M. NOI N/A.
  10. The Learning Experience in Simi Valley, CA: 10,500 SF attractive franchised day care facility on .92 ac lot at a hard corner location in high income Southern California with an AHI of $103K/yr in a 3 mile radius. Across from Vons Grocery center. 15 yrs NNN- lease with 12 yrs left. NOI $230K/yr with 8% rent bumps every 5 yrs. $3.2M. 7.21% 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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