01-14: Fitness Nation, Sharp Healthcare, Food City, Tires Plus, Office Buildings, Retail Centers

Daily Best Commercial Properties

Shopping Center in Phoenix, AZ: 98,599 SF attractive shopping center on over 7 ac lot at a hard corner location.  Across from Fry's grocery store.  Close to Paradise Valley Mall. 94% leased. NOI $1.078M/yr. $14.75M. 7.31% cap. Fitness Nation in Bedford, TX: 40,000 SF fitness center on over 3 ac lot in fast growing and upper middle class Ft Worth/Dallas suburbs. With excellent visibility along Hwy 121/183. 10 yrs NNN- lease. NOI $400K/yr with rare 15% rent bumps every 5 yrs. $5.72M. 7% cap. Sharp Healthcare in San Diego, CA: 36,731 SF Class-A single tenant medical office building on 1.65 ac lot in high income (AHI $107K/yr in a 3 mile ring) Southern California. Tenant has been at this location for over 25 yrs. Tenant recently invested over $4M in capital improvements. 100% NNN lease with 6 yrs left. NOI $605K/yr. $10.011M. 6.05% cap. Food City in Phoenix, AZ: 43,040 SF renovated grocery store on nearly 4 ac corner lot along busy artery. Close to Desert Sky Mall. 100% corp NNN lease with 8 yrs left to a strong regional tenant with 130 stores. NOI $250K/yr. $3.572M. 7% cap. MOB in East Orange, NJ: 11,000 SF multitenant medical office building in densely populated New York suburbs with over 700,000 residents in a 5 mile ring. Adjacent to East Orange General Hospital and close to I-280. 100% NNN leased. NOI $110K/yr. $1.58M. 7% cap. Tires Plus in Tampa, FL: 4784 SF well kept auto repair center along major retail artery. Good demographics: growing and affluent neighborhood with an AHI of $112K/yr. 100% NNN lease with 6 yrs left. NOI $93K/yr with 2% annual rent increases. $1.375M. 6.83% cap. Shopping Center in Orlando, FL: 52,556 SF shopping center on over 6 ac lot anchored by Save A Lot grocery store at a hard corner location. 98% NNN leased. NOI $335K/yr. $3.9M. 8.61% cap. Office Building in Morgan Hill, CA: 7877 SF Class-B multitenant office building on .91 ac lot in affluent (AHI $131K/yr) Silicon Valley suburbs. 100% leased with long-term tenants. NOI $101K/yr. $1.699M. 6% cap. Retail Center in Garland, TX: 27,345 SF well maintained retail center at a hard corner location in affluent Dallas metro with an AHI of $120K/yr. 68% leased. Actual NOI $157K/yr. $2.4M. 6.55% cap. Upside potential when fully leaded. Retail Center in Watauga, TX: 23,655 SF L-shaped attractive retail center in fast growing and high income Ft Worth suburbs. Along Hwy-377. 95% NNN leased. NOI $216K/yr. $2.54M. 8.54% 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.