Wednesday, January 6, 2016

12-23: Medical Complex, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Retail Center in Orlando, FL: 14,400 SF well maintained retail center on 1.43 ac lot along busy corridor. 100% NNN leased. NOI $172K/yr. $2.25M. 7.67% cap.
  2. Medical Complex in Corona, CA: 72,476 SF consisting of seven well maintained medical office buildings on over 6 ac lot in growing upper middle-class Riverside County. Close to I-15. 93% leased. 6% cap. NOI N/A.
  3. Shopping Center in Sacramento, CA: 90,075 SF well kept shopping center on over 8 ac lot at a busy retail corridor anchored by 31,461 SF Walmart Neighborhood Market. Across from Town & Country Village with Trader Joe's, Save Mart Supermarket, T.J. Maxx and Ross Dress for Less. Close to KFH Sacramento Medical Center. 90% leased with mostly NNN leases. Actual NOI $961K/yr. $14.85M. 6.47% cap. Upside potential when fully leased.
  4. Shopping Center in Clearwater, FL:  35,140 SF shopping center on 4.22 ac lot in high income area in Tampa metro. Excellent visibility with all unit facing US 19 & rent below market. NOI $299K/yr.  $2.995M. 10% cap.  Redevelopment opportunity & strong upside potential.
  5. Retail Center in Chicago, IL: 9500 SF attractive retail center along main thoroughfare. Across from Harlem Irving Plaza anchored by Target & Kohl's. NNN leased with good tenant mix including: Geeks, Sprint, Subway and H&R Block.  $2.65M. NOI N/A.
  6. MOB in Redding, CA: 16,884 SF consisting of four office buildings in a growing area in Northern CA. Tenants include: Julian Fuentes, MD., Richard T, Pepple, M.D., Churn Creek Pharmacy, Raymond Hayden, DDS and Your Neighborhood Clinic. NOI $101K/yr. $1.3M. 7.80% 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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