12-30: Tire Choice, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Shopping Center in Virginia Beach, VA: 50,838 SF recently renovated shopping center on 4.55 ac lot in growing and upper middle-class Norfolk suburbs. Anchored by 33,963 SF Farmers International Food grocery, other tenants include: Dollar General, China Work, Las Brasas Mexican Grill and Castaways Restaurant. 100% leased. NOI $372K/yr. $4.325M. 8.62% cap. Shopping Center in Colorado Springs, CO: 36,337 SF well kept shopping center on over 3 ac lot in a fast growing area. 99% leased. Actual NOI $314K/yr. $3.14M. 10.01% actual cap. Upside potential as rents are below market rent. Tire Choice in Greenacres, FL: 6,200 SF single-tenant auto center along major retail corridor in Miami  suburbs. 10 yrs NNN- corp lease. NOI $96K/yr with 10% rent bumps every 5 yrs. $1.6M. 6% cap. Strip Center in North Miami Beach, FL: 10,000 SF well maintained strip center on .34 ac lot along busy artery. Close to Jackson North Medical Center and I-95.  100% NNN leased. NOI $150K/yr. $2.5M. 6% 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.