Wednesday, January 20, 2016

01-06: Medical Condo, Mixed-use, Arby's, Adult Care Facility, Retail Centers


Daily Best Commercial Properties

  1. Mixed-use in Fairfield, CT: 9365 SF attractive office/retail building on .40 ac lot in affluent Bridgeport suburbs with an AHI of $121K/yr in a 1 mile ring. 100% leased. NOI $161K/yr. $1.9M. 8.50% cap.
  2. Retail Center in Munhall, PA: 37,720 SF retail center on over 3 ac lot anchored by Big Lots in Pittsburg suburbs. Close to The Waterfront, an outdoor Power Center with Target, Macy's, AMC Theaters, TJ Maxx, Dave & Buster's, Costco and Lowe's. 100% leased. NOI $286K/yr. $3.823M. 7.50% cap.
  3. Retail Center in Las Vegas, NV: 21,003 SF consisting of three retail buildings completed in 1993 on 1.79 ac lot along main retail corridor in a growing and upper middle class area. 65% NNN leased. Actual NOI $190K/yr. $2.7M. 7.05% actual cap. Upside potential.
  4. Arby's in Goodyear, AZ: 2894 SF well kept Arby's Restaurant on .83 ac lot at a hard corner location. Close to West Valley Hospital and I-10. 100% absolute NNN lease with 4 yrs left to an experienced operator. NOI $101K/yr. $1.529M. 6.63% cap.
  5. Retail Center in Suitland, MD: 24,000 SF retail center on 1.54 ac lot in Washington MSA. Adjacent to Iverson Mall. 100% lease with good tenant mix including CARQUEST and Metro. NOI $181K/yr. $2.4M. 7.55% cap.
  6. Adult Care Facility in Pomona City, CA: 52-unit (100 bed) senior facility constructed in 2002 on .64 ac lot along major artery & in densely populated Los Angeles area with over 700,000 residents in a 5 mile radius. With easy access to I-405. 92% leased.  NOI $510K/yr. $6.95M. 7.34% cap.
  7. Strip Center in Orem UT: 8956 SF strip center built in 1998 on over 1 ac lot in growing and upper middle-class Salt Lake City metro with an AHI of $74K/yr. 100% NNN leased to Dona Mary, Radio Shack, ASAHI, Styling and Rice Work. NOI $138K/yr. $1.851M. 7.50% cap.
  8. Retail Building in Lexington, KY: 35,581 SF well maintained retail building on 3.29 ac lot in a high income neighborhood with an AHI of $89K/yr. 100% NNN leased to Sky Zone, an indoor trampoline park and Paul Mitchell. NOI $299K/yr. $3.7M. 8.09% cap.
  9. Retail Center in Oceanside, CA: 23,070 SF attractive retail center completed in 1991 on 1.74 ac lot along main retail corridor in a growing City in Southern California. Across from Stater Bros Markets shopping center. 63% leased. Actual NOI $193K/yr. $2.7M. 7.17% actual cap. Upside potential when fully leased.
  10. Medical Condo in Lawrence, MA: 9224 SF single-tenant medical office condo in Boston suburbs. Adjacent to Lawrence General Hospital and with easy access to I-495. 100% NNN lease with 7 yrs left. NOI $276K/yr. $3.953M. 7% cap.
(c) Transmercial 2016
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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