Thursday, January 21, 2016

01-07: Mixed-use, Walgreens, Lowe's, Plasma Collection Facility, La Petite Academy, Retail Centers



Daily Best Commercial Properties

  1. Mixed-use in Orange City, FL: 35,250 SF high quality constructed shopping center completed in 2007 on over 3 ac lot in growing Orlando suburbs. Close to Florida Hospital and I-4. Excellent mix of tenants: medical, retail and office. NOI $370K/yr. $5.05M. 7.34% cap.
  2. Shopping Center in Dublin, OH: 30,493 SF consisting of four retail buildings completed in 2010 on 4.72 ac lot in affluent Columbus metro with an AHI of $104K/yr. 100% NNN leased. NOI $623K/yr. $7.8M. 8% cap.
  3. Walgreens in Columbia, SC: 15,120 SF well maintained drive-thru drug store constructed in 2002 on 1.25 ac lot at a hard corner location. 20 yrs NNN lease with over 6 yrs left. NOI $427K/yr. $6.102M. 7% cap.
  4. Retail Center in Mesa, AZ: 10,122 SF inline retail buildings on 2 ac outparcel to Albertsons grocery in growing Phoenix suburbs with AHI of $80K/yr. 88% NNN leased with 1 available unit. Tenants include Starbucks, State Farm, Eye Center.  Actual NOI $211K/yr. $3.025M. 7% cap.
  5. Professional Plaza in Orange, CA: 16,322 SF Class-B professional building on 1.16 ac lot in Los Angeles area. Close to UCI Medical Center, Hwy-57 and I-5. 100% leased to medical & professional tenants. NOI $199K/yr. $3.5M. 5.70% cap.
  6. Lowe's in Concord, NC: 136,197 SF big-box home improvement center built in 1999 on over 20 acres of land along major corridor in Charlotte suburbs. Close to Columbia Medical Center, Columbia Mall and I-85. 100% NNN lease with 4 yrs left. (Tenant formally approved early extension till 2026 with a 30% rent reduction but buyer is not required to accept it.) NOI $922K/yr. $10.85M. 8.50% cap.
  7. Plasma Collection Facility in Columbus, OH: 14,597 SF Class-B single-tenant office building constructed in 2006 on 3.37 ac lot along retail corridor. 10 yrs NNN lease to BiomatUSA, a strong operator with over 150 units. NOI $239K/yr. $3.425M. 7% cap.
  8. La Petite Academy in Las Vegas, NV: 8,000 SF built-to-suit education day care center built in 1997 in a high income area with an AHI of $83K/yr. 100% NNN lease with 4 yrs left. NOI $129K/yr. $1.842M. 7% cap.
  9. Shopping Center in Centennial, CO: 58,304 SF well kept shopping center on 4 ac lot along main artery in high income (AHI $102K/yr) Denver suburbs. Close to The Street of SouthGlenn, a major Power Center and Littleton Adventist Hospital. 91% leased to 15 tenants. Actual NOI $383K/yr. $5.86M. 6.54% cap.
  10. Retail Center in Turnersville, NJ: 23,400 SF retail center on nearly 5 ac lot in high income Philadelphia MSA with an AHI of $101K/yr in a 1 mile ring. Adjacent to Burlington Coat Factory, LA Fitness and Kohl's. NOI $205K/yr. $2.6M. 7.90% 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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