Wednesday, September 30, 2015

09-16: Qdoba, The RackHouse Tavern, MOB, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Fresno, CA: 5500 SF well maintained retail center on .46 ac outparcel to El Super grocery center. Close to Community Regional Medical Center and with easy access to Hwy-41. 100% leased to Metro PC, Loya Insurance, Herbal Life, Romeo's Pizza and Int' Multi-Serv. NOI $70K/yr.  $950K. 7.26% cap.
  2. Retail Center in Brookfield, WI: 11,594 SF well maintained retail center on 1 ac corner lot in high income (AHI $90K/yr) Milwaukee suburbs. 95% NNN leased. Pro forma NOI $117K/yr. Price reduced from $1.426M to $1.399M. 8.41% pro forma cap.
  3. Shopping Center in Antioch, CA: 60,784 SF well kept shopping center on nearly 4 ac lot anchored by Grocery Outlet in Contra Costa County in Northern CA. NNN leased with good tenant mix including Starbucks Coffee, Boost Mobile and Contra Costa Federal Credit Union. Close to Hwy-4. Pro forma NOI $803K/yr. $10.3M. 7.8% pro forma cap.
  4. Neighborhood Center in Peoria, AZ: 83,436 SF shopping center on 8.59 ac lot in Phoenix Arizona. Anchored by Bashas' Grocery Store with 130 locations. Other major tenants include, Subway, H&R Block, Great Clips and UPS Store. 87% leased. Actual NOI $784K/yr. $10.815M. 7.25% actual cap. Upside potential when fully leased.
  5. Qdoba in Grand Rapids, MI: 2265 SF Qdoba Mexican Grill restaurant (owned by Jack In The Box) built in 2006 along major retail corridor. Adjacent to Marshalls, Target, Toys 'R' Us, Kohl's and Hobby Lobby. Close to I-96. 100% absolute NNN corp lease with 5 yrs left. NOI $79K/yr. $1.117M. 7.10% cap.
  6. Retail Center in Pearland, TX: 13,775 SF retail center built in 2007 on 1.37 ac lot in affluent Houston suburbs with an AHI of $120K/yr in a 1 mile ring. 100% leased with long-term stable tenants. NOI $313K/yr. $4.475M. 7% cap.
  7. Retail Building in North Las Vegas, NV: 5547 SF attractive two-unit retail building completed in 2006 on .68 ac lot at a main artery in upper middle-class area. 74% leased. $1.103M. NOI N/A.
  8. The RackHouse Tavern in Arlington Heights, IL: 9150 SF Sport Bar & Grill Restaurant on 1.71 ac lot along major corridor in upper middle-class area. Near I-90. New 15-yrs absolute NNN lease. NOI $187K/yr with 2% annual rent bumps. $2.344M. 8% cap.
  9. Urgent Care Center in Plantation, FL: well maintained medical office building at a signalized corner location and along main retail corridor. 100% NNN lease with 7 yrs left to Doctors365. NOI $178K/yr. $2.375M 7.50% 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.

Tuesday, September 29, 2015

09-15: Miller's Atlanta Ale House, Schlotzsky's Deli, Oil Can Henry, Mimi's Cafe, MOB


Daily Best Commercial Properties

  1. MOB in Lynchburg, VA: 9652 SF attractive medical office building constructed in 1990 on .76 ac lot. Close to Centra Lynchburg General Hospital, and Alan Pearson Regional Cancer Center. 100% NNN- leased to DaVita and Lynchburg Nephrology. NOI $204K/yr. $3.144M. 6.5% cap.
  2. Miller's Atlanta Ale House in Alpharetta, GA: 8254 SF restaurant on 1.66 ac outparcel to Sam's Club and Main Event  in affluent Atlanta suburbs with an AHI of $115K/yr in a 5 mile ring.  Close to North Point Mall and with easy access to Hwy-400. 15-yrs NNN corp lease with 4-yrs left. NOI $261K/yr with 3% annual rent increases. $3.49M. 7.50% cap.
  3. Retail Building in Montgomery, AL: 15,376 SF well maintained retail building along major retail corridor. Across from Eastdale Mall and near Hwy8/53. 100% NNN leased to Advance Auto Parts and Meineke Car Care. NOI $115K/yr. $1.645M. 7% cap.
  4. Retail Center in Las Vegas, NV: 15,794 SF consisting of two well maintained retail buildings on over 1 ac lot in a growing middle class area. NOI $199K/yr. $2.85M. 7% cap.
  5. Hereford House in Leawood, KS: 11,055 SF Steakhouse on 1.06 ac outparcel to Town Center Plaza - major open-air lifestyle center with over 90 stores. 15 years absolute NNN lease with 12 yrs left to Hereford House.  High income area with AHI of $98K/yr. NOI $254K/yr. with 2% or CPI annual rent bumps.  $3.512M. 7.25% cap.
  6. Schlotzsky's Deli in Olathe, KS: 3241 SF fully renovated Cafe & Bakery restaurant on over 1 ac lot in a high income (AHI $83K/yr in 3 miles) area. Visible and next to I-35. New 15-yrs absolute NNN lease. NOI $100K/yr with 7.5% rent bumps every 5-yrs. $1.55M. 6.5% cap.
  7. Oil Can Henry's in Modesto, CA: 3600 SF four-bays auto maintenance center at a 5 points intersection of Hwy-108. 100% NNN lease with 8-yrs left. NOI $97K/yr. $1.3M. 7.5% cap.
  8. Mimi's Cafe in Colorado Springs, CO: 6983 SF restaurant built in 2000 along major retail corridor.  Adjacent to Sam's Club, Marshalls, Home Depot and Hobby Lobby. 20-yrs absolute NNN corp lease with 5-yrs left. NOI $266K/yr. $3.45M. 7.72% cap.
  9. Retail Center in Stafford, TX: 16,696 SF retail center on over 1 ac lot in fast growing and high income Houston suburbs with an AHI of $83K/yr in a 1 mile ring. 100% NNN leased. NOI $296K/yr. $3M. 9.87% 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.

Monday, September 28, 2015

09-14: Shopping Centers, Urgent Care, Quality Inn


Daily Best Commercial Properties

  1. Shopping Center in Greenfield, WI:  32,174 SF well-kept shopping center built in 1995 on an corner lot with easy access to I-894 in Milwaukee metro.  A new 193,000-SF Meijer store that is being developed immediately east of the subject property.  96% leased to a diverse list of tenants including Wisconsin Credit Union, U.S. Army, Medical Diagnostic Imaging and Board Game Barrister. NOI $361K/yr.  $4.355M. 8.29% cap.
  2. Shopping Center in Vacaville, CA: 58,183 SF well-maintained shopping center.  Shadow anchored by Walmart Neighborhood market  & next to I-80 exit.  High income area.  Anchored by 11,342 SF Fitness Revolution.  73% leased.  Actual NOI $689K/yr (pro forma $992K/yr).  $11.055M. 6.24% cap (8.98% pro forma).
  3. Shopping Center in Westminster, CO: 116,512 SF shopping center on 9.83 ac lot at a signalized corner  in upper middle class Denver metro.  Shadow anchored by King Soopers,  a dominant grocery store in Colorado (owned by Krogers). 75% leased.  Current NOI $784K/yr. $10.46M. 7.5% actual cap.  Upside potential when fully leased.
  4. Strip Mall in Cincinnati, OH:  12,442 SF high-end construction strip mall built in 2006 on 1.86 ac lot across from a Meijer store.  100% leased.  NOI $244K/yr. $2.872M. 8.5% cap.
  5. Community Center in Bakersfield, CA:  87,803 SF center on 8.17 ac at a signalized corner.  Anchored by Vons Grocery (NYSE: SFW, S&P BBB).  Pro forma NOI $976K/yr. $13.75M. 7.1% cap.
  6. Urgent Care Center in Peoria, AZ: 5165 SF new urgent care center under construction on .91 ac lot in high income/high growth area.  12 yrs absolute NNN corp lease to Urgent Care Extra with 42 locations in NV and AZ.  NOI $160K/yr with 3% annual rent bumps. $2.735M.  5.85% cap.
  7. Retail Plaza in Yukon, OK: 24,280 SF retail center built in 2003 on 2.92 ac lot in Oklahoma city metro.  100% leased to 13 tenants.  NOI $227K/yr. $2.525M. 9% cap.
  8. Quality Inn in Santa Maria, CA: 64-room Quality Inn on 2.1 ac lot right off Hwy 101 exit and near Marian Regional Medical Center. Avg occupancy of 66% and daily rate of $94.  NOI $540K.  $6.75M. 8% cap.
  9. Shopping Plaza in Mesa, AZ:  34,405 SF retail center on 3.19 ac corner lot .  92% leased to 8 tenants with 2 vacant units. NOI $242K/yr.  $3.3m. 7.4% 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.
 

Friday, September 25, 2015

09-11: Savers, Fast Auto Loans, O'Reilly Auto Parts, Restaurant, Shopping Centers


Daily Best Commercial Properties

  1. Savers in Minneapolis, MN: 33,633 SF single tenant well maintained retail building on over 3 ac lot at a hard corner location. Close to I-694. Tenant has been at this location for over 25 yrs. 12-yrs absolute NNN corp lease with 8 yrs left to a strong national tenant Savers, a for-profit, global thrift retailer offering great quality, gently used clothing, accessories and household goods with over 350 stores.  NOI $390K/yr. $5.3M. 7.37% cap.
  2. Fast Auto Loans in Pittsburg, CA: 2676 SF newly renovated retail building in growing Contra Costa County in San Francisco Bay Area. Adjacent to Home Depot and WinCo Foods. Visible from Hwy-4  New 7-yrs NN corp lease. NOI $95K/yr with 2% annual rent increases. $1.468M.  6.5% cap.
  3. Shopping Center in Hanover Park, IL: 23,100 SF shopping center remodeled in 2008 in upper middle-class neighborhood with an AHI of $8K/yr in a 3 mile radius. 82% leased. NOI $187K/yr. $2.08M. 9% actual cap. Upside potential.
  4. O'Reilly Auto Parts in Gilbert, AZ: 6650 SF single tenant retail building constructed in 1999 on .65 ac lot in affluent (AHI $97K/yr) Phoenix suburbs. Across from Fry's Food center. 100% NNN lease with 4 yrs left to a credit tenant. NOI $66K/yr. $1.025M, 6.40% cap.
  5. Coyote Canyon Restaurant in Salinas, KS: 6000 SF well maintained restaurant outparcel to Central Mall with Dillard's, Sears, JC Penney and Starplex Cinema. This is a sale/leaseback investment. 15 yrs absolute NNN lease to a strong operator with 16-units. NOI $149K/yr with 7.5% rent bumps every 5-yrs. $2.142M. 7% cap.
  6. Strip Center in North Las Vegas, NV: 7640 SF attractive strip center built in 2006 along main artery in upper middle-class area. 80% NNN leased with only one vacancy. Pro forma NOI $93K/yr. $1.028M. 9.10% pro forma cap.
  7. Shopping Center in La Mesa, CA: 20,968 SF well kept shopping center on 1.53 ac lot at a signalized intersection and along main retail corridor in San Diego suburbs. 94% leased. NOI $324K/yr. Unpriced.
(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.

Thursday, September 24, 2015

09-10: MOB, Office Buildings, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. MOB in Bartlett, TN: 7010 SF Class-B medical office building constructed in 2009 on over 1 ac lot in high income Memphis suburbs. Near I-40. 100% NNN leased to 2 medical tenants: Ear Nose Throat Specialist (10+ yrs lease) and Internal Medicine (8+ yrs lease). NOI $116K/yr. $1.3M. 8.93% cap.
  2. Retail Center in Apopka, FL: 14,458 SF well maintained retail center on over 1 ac lot along Hwy-441 in Orlando suburbs. NOI $136K/yr. $1.7M. 8% cap.
  3. Shopping Center in Madison, WI: 20,400 SF shopping center on 1.12 ac lot in growing and upper middle-class area. Visible/next to Hwy-14. Across from West Towne Mall. Leased to long term tenants. NOI $159K/yr. $1.59M. 10% cap.
  4. 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 $97K/yr in a 3 mile ring) Washington MSA. Close to St Charles Towne Center. 100% NNN leased to local and regional tenants. NOI $582K/yr. $7.518M. 7.75% cap.
  5. Retail Center in Kissimmee, FL: 20,570 SF well kept retail center on nearly 2 ac lot along major corridor in Orlando suburbs, Tenants include: Hertz Rent a Car, Metro PCS, Paul's Carpet & Tile, Dr. Montero Dental and Christi's Love Chapel. NOI $237K/yr. $2.79M. 8.51% cap.
  6. MOB in Hurst, TX: 12,250 SF Class-B multitenant medical office building on 1 ac lot in growing Fort Worth suburbs. Near Southwest Surgical Hospital. 100% NNN leased. 7% cap. NOI N/A.
  7. Retail Center in Fremont, CA: 6300 SF retail center on .49 ac lot in affluent Silicon Valley with an AHI of $108K/yr in a 3 mile radius. 100% NNN leased. NOI $139K/yr. $2.545M. 5.5% cap.
  8. Shopping Center in Las Vegas, NV: 30,665 SF L-shaped shopping center on over 2 ac lot along major retail artery. 98% leased with excellent tenant mix. Actual NOI $331K/yr. $4.83M. 6.87% actual cap.
  9. Retail Center in Austin, TX: 19,300 SF eye-catching retail center on 3.70 ac lot in a fast growing area. All tenants face main corridor. Tenants include: Sherwin Williams, Fred Loya Insurance, Little Woodrow's, Brooklyn Pie Co, Tech Ridge Pet Hospital, La Tapatia Mexican Restaurant and Rush Laundry. NOI $390K/yr. $5.475M. 7.14% cap.
  10. Office Building in Edmonds, WA: 16,224 SF Class-A office building on nearly 1 ac lot in Seattle suburbs. Along Hwy-99. Close to Swedish Edmonds Hospital. Leased to multiple tenants. NOI $168K/yr. $2.4M. 7% 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.

Wednesday, September 23, 2015

09-09: Burger King, MOB, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Burger King in Brownsville, TX: 4437 SF well maintained fast food restaurant built in 2003 on 1 ac lot in a growing border city. 100% absolute NNN lease with 4 yrs left to a strong franchisee with over 550 units. NOI $110K/yr with 1% annual rent bumps. Price reduced from $1.629M to $1.375M. 8% cap.
  2. Retail Center in Germantown, WI: 23,103 SF attractive retail center built in 2014 on 3.67 ac lot at a main retail corridor in Milwaukee upper middle-class suburbs. Adjacent to Walmart, TJ Maxx, Famous Footwear and World Market. 100% NNN leased to 4 national/regional tenants: Dollar Tree, Maurices, Rue 21 and Christopher & Banks. NOI $302K/yr. $4.029M. 7.50% cap. NOTE: Flyer not available, full brochure upon request.
  3. Retail Center in Tamarac, FL: 35,892 SF well maintained retail center constructed in 1992 on over 4 ac lot anchored by Walgreens at a hard corner location in Fort Lauderdale suburbs. Close to 317-bed University Medical Center Hospital. 93% leased. NOI $479K/yr. $6.6M. 7.26% cap.
  4. MOB in Carrollton, TX: 17,000 SF Class-B recently updated multitenant medical office building on 1 ac lot in high income Fort Worth/Dallas suburbs. 100% NNN leased. 7% cap. NOI N/A.
  5. MOB in Rockwall, TX: 15,000 SF Class-B medical office building adjacent to Lake Pointe Medical Center in high income Dallas suburbs with AHI of $92K/yr. 100% NNN leased to multiple tenants. 7% cap. NOI N/A.
  6. Shopping Center in Greenfield, WI: 32,174 SF attractive shopping center constructed in 1995 on 3.86 ac lot in Milwaukee suburbs. With easy access to I-43/894. 96% leased. NOI $359K/yr. $4.355M. 8.25% cap.
  7. Retail Building in Plainfield, IL: 7900 SF attractive retail building at a major retail artery and in a high income neighborhood with an AHI of $99K/yr in a 1 mile radius. 100% NNN leased to Sherwin Williams and Champion Sports Bar. NOI $132K/yr. $1.89M. 7% cap.
  8. Retail Center in Kennewick, WA: 12,000 SF retail center built in 1996 on over 1 ac outparcel to Fred Meyer grocery in growing middle class area. 100% leased. NOI $128K/yr. $1.9M. 6.75% cap.
  9. Shopping Center in Brownsburg, IN: 41,465 SF well kept shopping center in upper middle class Indianapolis suburbs. NOI $398K/yr. $5.142M. 7.75% cap.
  10. Shopping Center in Tampa, FL: 44,173 SF shopping center renovated in 2008 on over 5 ac lot in a high income area. Major tenants include: Kobe Steakhouse, Century 21, Once Upon a Child, Partyscene and Chevron/Circle K. 93% leased. NOI $781K/yr. $10.424M. 7.50% 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.

Tuesday, September 22, 2015

9-08: Walgreens, Jimmy John's, MOB, Shopping Centers


Daily Best Commercial Properties

  1. Walgreens in Tewksbury, MA: 13,830 SF well maintained drug store in affluent Boston suburbs with an AHI of $101K/yr in a 3 mile radius. 100% NNN- lease with 4 yrs left. NOI $340K/yr. $5.763M. 5.90% cap.
  2. Jimmy John's in Moore, OK: 2322 SF Jimmy John's Gourmet Sandwiches built in 2013 outparcel to PetSmart, Bed Bath & Beyond and Office Depot center. On an off/on ramp of I-35. Across from Sam's Club and close to Walmart Supercenter. Bran new 15 yrs absolute NNN lease. NOI $90K/yr with 1% annual rent increases. $1.44M. 6.25% cap.
  3. Neighborhood Center in Chandler, AZ: 187,581 SF shopping center built in 2006 on over 25 ac lot anchored by Home Depot in high income Phoenix suburbs. Across from Power Center with Lowe's, Dollar Tree, Ross Dress for Less and O'Reilly Auto Parts. 93% leased. NOI $907K/yr. $13.955M. 6.50% cap.
  4. Strip mall in Bay Point, CA: 11,976 SF strip center on .92 ac lot in a town the San Francisco Bay Area. 81% occupied by 8 tenants.  NOI $152K/yr.  $2.1M. 7.2% cap.
  5. Walgreens in Richardson, TX: 14,490 SF attractive Walgreens built in 2003 on 1.74 ac lot at a hard corner location in a affluent Dallas suburbs. 20 yrs NNN lease with 7 yrs left. NOI $331K/yr. $5.77M. 5.75% cap.
  6. MOB in Decatur, GA: 10,000 SF Class-B multitenant medical office building in Atlanta suburbs. Close to Dekalb Medical Center. 100% leased to multiple tenants. 7.80% cap. NOI N/A.
  7. Retail Center in Littleton, CO: 27,035 SF well maintained retail center anchored by 7-Eleven in high income (AHI $93K/yr in a 3 mile radius) Denver suburbs. 100% NNN leased. NOI $290K/yr. $3.63M. 8% 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.

Friday, September 18, 2015

09-04: Burger King, MOB, Neighborhood Centers, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Rialto, CA: 25,352 SF well kept retail center on 1.78 ac lot along main artery in San Bernardino County. Anchored by 9600 SF Family Dollar. 100% NNN leased. NOI $261K/yr. Price reduced from $4.35M to $4.2M. 6.25% cap.
  2. MOB in Portland, OR: 12,046 SF single tenant medical office building renovated in 2010 on over 1 ac lot at a signalized intersection. Close to Providence Milwaukie Hospital. 100% NNN lease with 5 yrs left to Northwest Primary Care, a well established tenant with seven locations. NOI $322K/yr with CPI-based annual rent bumps. $5.2M. 6.2% cap.
  3. Retail Center in Garland, TX: 67,510 SF well maintained retail center on 5.64 ac lot in growing Dallas suburbs. 85% leased. Actual NOI $450K/yr. $5.48M. 8.22% actual cap. Upside potential when fully occupied.
  4. Shopping Center in Hillsboro, OR: 59,180 SF L-shaped recently renovated shopping center on over 5 ac lot at a signalized intersection & along Hwy-8. Major tenants include: Planet Fitness and Baxter Auto Parts (regional tenant with 32 stores in OR, CA, and WA). 93% NNN lease with only two vacancies. Actual NOI $700K/yr. $9.8M. 7.15% cap.
  5. MOB in Tampa, FL: 4454 SF single tenant medical office building renovated in 2005 on .45 ac lot. Close to Memorial Hospital of Tampa. 100% NNN lease to Jay J. Garcia MD Weight Loss & Wellness Center with 3 locations in Tampa. NOI $117K/yr with 3% annual rent bumps.  $1.62M. 7.25% cap.
  6. Burger King in Medina, OH: 3601 SF well maintained single tenant fast food restaurant on over 1 ac lot at a hard corner location in growing and upper middle class area. Across from Buehler's Fresh Foods grocery and close to Regal Cinemas and Walmart Superstore. 100% NNN corp lease with 12 yrs left. NOI $92K/yr. $1.415M. 6.50% cap.
  7. Neighborhood Center in Memphis, TN: 104,365 SF well kept shopping center on over 10 ac lot. 82% leased with excellent tenant mix. With easy access to I-240. 9% cap. NOI N/A.

(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.

Thursday, September 17, 2015

09-03: Sports Authority, Pep Boys, Citibank, El Pollo Loco, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Sports Authority in Phoenix, AZ: 63,034 SF retail building renovated in 2008 on 6.27 ac lot at a major retail corridor. Adjacent to Target and Hobby Lobby. Across from 694,482 SF Ahwatukee Foothills Towne Center with AMC Theaters, Marshalls, Ross Dress for Less, Babies R Us and Petsmart and more. Near I-10. 100% absolute NNN leased with over 8-yrs left. NOI $1.036M/yr. $13.819M. 7.50% cap. NOTE: Flyer not available, full brochure upon request.
  2. Retail Building in Litchfield Park, AZ: 7148 SF retail building constructed in 2005 pm .82 ac lot in growing and affluent Phoenix suburbs with an AHI of $118K/yr. 100% NNN leased to Banner Health Clinic and Ground Control, an European restaurant. NOI $131K/yr. $1.875M. 7% cap.
  3. Shopping Center in Orland Park, IL: 40,207 SF  shopping center built in 1998 on over 3 ac lot along main retail corridor. Adjacent to Jewel-Osco grocery, across from Target and Lowe's. Close to Walmart Supercenter. 90% NNN leased. NOI $341K/yr. Price reduced from $4.75M. to $4.4M. 7.76% cap.
  4. Shopping Center in Bakersfield, CA: 28,846 SF consisting of four buildings completed in 2007 on 4 ac lot. Tenants include: Goodwill, Starbucks, Bella Sales, Nails & Spa, Go Wireless, Kern Schools Federal Credit Union and Body Exchange. 100% leased. NOI $731K/yr. $10.599M. 6.90% cap.
  5. Retail Center in Warner Robins, GA: 10,430 SF brand new retail center on 1.46 ac lot in fast growing middle class area. Across from Galleria of Centerville Mall. 100% NNN leased to credit tenants: Chipotle, Five Guys, Jersey Mikes, Uncle Maddio's Pizza and Total Nutrition. NOI $286K/yr. $4.782M. 6% cap.
  6. Pep Boys in Joliet, IL: 22,385 SF auto center built in 1993 on 2 ac lot in Chicago suburbs. With easy access to I-80. 100% absolute NNN corp lease with 7 yrs left. NOI $492K/yr with annual rent increases. $6.57M. 7.5% cap.
  7. Retail Centers in Pittsburg, CA: 15,025 SF consisting of two retail buildings on .74 ac lot along major artery in Contra Costa County. Close to Hwy-4. 92% leased to local, regional and national tenants. NOI $240K/yr. $3.595M. 6.69% cap.
  8. Citibank in Reedley, CA: 3046 SF Citibank on .26 ac corner lot in a growing area Southeast of Fresno. New 10 yrs absolute NNN corp lease. NOI $80K/yr with 1.5% annual rent increases. $1.584M. 5.07% cap.
  9. El Pollo Loco in San Bernardino, CA: 2128 SF well maintained franchised restaurant on .41 ac lot. Adjacent to Inland Center Mall and I-215. Tenant has been at this location for over 25 yrs. 100% absolute NNN lease with 2 yrs left to a strong operator with over 100 locations. NOI $113K/yr with 2.5% annual rent bumps. $1.981M. 5.75% cap.
  10. Retail Center in Henderson, NV: 11,408 SF attractive retail center on 1.54 ac lot along busy corridor in growing upper middle class area. 100% NNN leased to seven tenants. NOI $110K/yr. $2.2M. 5% 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.
 

Wednesday, September 16, 2015

09-02: Black Angus Steakhouse, KFC, Big Lots, Shopping Center, Office Buildings


Daily Best Commercial Properties

  1. Black Angus in El Cajon, CA: 10,300 SF steakhouse renovated in 2005 on 1.31 ac lot in growing San Diego metro. Between Target and Hwy67. Adjacent to Parkway Plaza and with easy access to I-8. 100% absolute NNN corp lease with 8 yrs left. NOI $340K/yr with CPI rent bumps every 5 yrs. $6.488M. 5.25% cap.
  2. KFC in Elgin, IL: 2739 SF KFC restaurant on .70 ac lot along main corridor. 100% absolute NNN lease. NOI $60K/yr with 10% rent increases every 5 yrs. $1.005M. 6% cap.
  3. Shopping Center in Orlando, FL: 34,900 SF attractive shopping center built in 2007 on over 6 ac lot in upper middle class area. 93% leased. NOI $441K/yr. $5.35M. 8.26% cap. Upside potential.
  4. Retail Building in Paducah, KY: 3250 SF well maintained retail building at a hard corner location and adjacent to CVS Pharmacy. Across from Kroger grocery, Dollar Tree, Harbor Freight Tools and Walgreens. 100% NNN leased to Subway and Little Caesars. NOI $78K/yr. $1.115M. 7% cap.
  5. Retail Building in San Bernardino, CA: 5075 SF well kept retail building on over 1 ac lot along main corridor. Next to Stater Brother Super Market. 100% NNN leased to two established tenants: Mongolian BBQ and H. Salt Fish & Chips. NOI $84K/yr. $1.298M. 6.50% cap.
  6. Office Buildings in Chico, CA: 17,082 SF consisting of three office buildings on over 2 ac lot in a growing area. Close to North Valley Plaza Mall and I-99. 100% leased to multiple tenants. Pro forma NOI $122K/yr. $1.975M. 6.18% cap.
  7. Big Lots in Duluth, GA: 34.650 SF retail building constructed in 1996 along major retail corridor in growing Atlanta suburbs. Adjacent to Costco, Dave & Buster's & across from Kohl's. Near Gwinnett Place Mall and with easy access to I-85. 100% NNN lease with 6 yrs left. NOI $216K/yr. $2.85M. 7.60% cap.
  8. Shopping Center in Blue Springs, MO: 14,534 SF eye-catching shopping center in upper middle class (AHI $72K/yr in a 3 mile radius) Kansas City suburbs. Across from Walmart Supercenter and Home Depot. Close to St Mary's Medical Center. Visible/easy access to I-70. NNN leased with good tenant mix. NOI $320K/yr. $4.645M. 6.90% 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.

Tuesday, September 15, 2015

09-01: Big 5 Sporting Goods, CVS, MOB, Dollar General, Shopping Centers


Daily Best Commercial Properties

  1. Retail Center in Atwater, CA: 9909 SF attractive retail center built in 2006 at a signalized intersection. 100% NNN lased to Travis Credit Union, Jantz Café and Bakery, ProfessioNails and Miranda’s Thrift Shop. NOI $197K/yr. $2.817M. 7% cap. NOTE: Flyer not available, full brochure upon request.
  2. Retail Center in Katy, TX: 20,000 SF retail center constructed in 2005 on 1.66 ac outparcel to 24-hour Walmart Supercenter. At a major signalized intersection and in a growing upper middle class Houston suburbs. 88% NNN leased. Actual NOI $377K/yr. $5.21M. 7.25% cap.
  3. Big 5 Sporting Goods in McMinnville, OR: 10,000 SF well maintained retail building completed in 2000 on nearly 1 ac outparcel to Walmart. Across from WinCo Foods and across from Safeway, Ross, Petco and JCPenney center. Along Hwy-99W. Tenant has been at this location for 15-yrs. Recently extended NNN with over 5-yrs left. NOI $164K/yr. $2.63M. 6.25% cap.
  4. CVS in Antioch, CA: 15,789 SF brand new CVS Pharmacy on nearly 2 ac lot in growing Contra Costa County. Close to 501,259 SF Somersville Towne Center and with easy access to Hwy-4. New 20yrs absolute NNN lease. NOI $509K/yr with 6% rent bumps every 5 yrs. $10.735M. 4.75% cap.
  5. MOB in Dublin, OH: 8889 SF Class-A medical office building built in 2007 in affluent (AHI $118K/yr in a 3 mile ring) Columbus suburbs. 100% NNN leased to two tenants. NOI $130K/yr. $1.796M. 7.25% cap.
  6. Retail Center in Las Vegas, NV: 12,874 SF retail center built in 2008 on 2.55 ac lot. Excellent demographics: 17,952% pop growth since 2000 and $81K/yr AHI within 1 mile radius. 90% leased. Actual NOI $237K/yr. $3.9M. 6.10% actual cap. Upside potential when fully leased.
  7. MOB in Springfield, VA; 28,391 SF Class-B medical office building in affluent (AHI $123K/yr in 1 mile) Washington MSA. 100% leased to multiple tenants. NOI $395K/yr. $6.08M. 6.50% cap.
  8. Dollar General in Jacksonville, FL: 9002 SF Dollar General built in 20014 on 1.51 ac lot at a signalized intersection. 15 yrs NNN lease with 14 yrs left. NOI $112K/yr. $1.753M. 6.40% 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.

08-31: DaVita, Fast Auto Loans, Food Lion, Dollar Tree, Mixed-use


Daily Best Commercial Properties

  1. DaVita in Cape Coral, FL: 7,404 SF well maintained medical office building constructed in 2005 on .80 ac lot in Fort Myers suburbs. Recently extended NNN corp lease with 5 yrs left. NOI $158K/yr with unusually high 3.5% annual rent bumps. $2.299M. 6.88% cap.
  2. Strip Center in Las Vegas, NV: 6000 SF four units strip center built in 2004 along busy retail artery. Across from Smart & Final center. 70% leased with 1 vacant unit. National tenants include: Subway and Metro PCS/Virgin Mobile. Pro forma NOI $89K/yr. $1.145M. 7.90% cap.
  3. Fast Auto Loans in Pittsburg, CA: 2676 SF newly renovated retail building visible from Hwy-4 in growing Contra Costa County. Adjacent to Home Depot and WinCo Foods. New 7-yrs NN corp lease. NOI $95K/yr with 2% annual rent increases. Price reduced from $1.59M. to $1.468M.  6.5% cap.
  4. Retail Center in Southaven, MS: 11,400 SF retail center built in 2008 on over 2 ac lot in growing Memphis suburbs. 100% leased to Comcast, Supreme Hot Wings, Discount Wine & Liquor, Republic Finance, Cellular Tech and Vapor Cloud. NOI $133K/yr. $1.529M. 8.75% cap.
  5. Retail Center in El Paso, TX: 8,260 SF L-shaped retail center on 1 ac lot. Adjacent to Super Walmart. 100% NNN leased with professional tenant mix. 8.50% cap. NOI N/A.
  6. MOB in San Antonio, TX: 10,000 SF Class-A multitenant medical office building on 1.4 ac lot. Adjacent to Fresenius Dialysis. 100% NNN leased to 3 tenants: Family Medicine, Pediatrics and internal medicine. NOI $180K/yr. $2.4M. 7.50% cap.
  7. Mixed-use in Tracy, CA: 31,862 SF Class-A medical/professional office building completed in 2008 on 1.53 ac lot at a major corridor in San Joaquin county, With easy access to I-205. NNN leased. NOI $836K/yr. $11.95M. 7% cap.
  8. Food Lion in Greensboro, NC: 36,000 SF single tenant grocery store on 3.40 ac lot at a signalized intersection in a growing and upper middle class area. Located on the future interchange of I-840, to be completed in 2017. 100% absolute NNN lease. NOI $315K/yr. $4.85M. 6.5% cap.
  9. Dollar Tree in Lawrence, MA: 10,110 SF brand new Dollar Tree on .62 ac lot in Boston MSA. New NNN corp lease. NOI $151K/yr. $2.37M. 6.40% 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.