Tuesday, January 12, 2016

12-29: VA Clinic, Retail Centers, Medical Office Buildings


Daily Best Commercial Properties

  1. Retail Center in Southaven, MS: 19,259 SF attractive retail center built in 2006 on nearly 2 ac lot in growing Memphis suburbs. Adjacent to Desoto Towne Cinemas. Close to Baptist Memorial Hospital and I-69/55. 100% NNN leased with regional & local tenants. NOI $297K/yr. $3.7M. 8.03% cap.
  2. MOB in Schererville, IN: 51,841 SF well maintained medical office building completed in 2003 on 4 ac lot in growing and upper middle-class area. Notable tenants include: Allergy Asthma Care, DaVita Dialysis Center, Buckeye and Progressive Casualty Insurance. 86% leased. NOI $500K/yr. $6.25M. 8% cap.
  3. Retail Building in Memphis, TN: 5567 SF well kept retail building on over 3 ac lot along busy artery. 100% leased. $2.103M. NOI N/A.
  4. VA Clinic in Tallahassee, FL: 11,046 SF Class-B office building on 1.72 ac lot in a growing middle-class area. Along Hwy-90. 100% leased till Dec 2016. NOI $168K/yr. $1.4M. 12% cap.
  5. Retail Center in Ventura, CA: 6000 SF attractive retail center on .33 ac lot in high income (AHI $92K/yr) Southern California. Close to Ventura County Medical Center and Pacific View Mall with 145 stores. 100% NNN leased. NOI $100K/yr. $1.65M. 6.10% 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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