Friday, February 5, 2016

01-22:Amcot Financial, BWW, O'Reilly Auto Parts, Hometown Buffet, Shopping Center


Daily Best Commercial Properties

  1. Amscot in Dunedin, FL: 3209 SF single-tenant well maintained retail building on .56 ac lot in Tampa suburbs. 100% NNN lease with 5 yrs left. NOI $102K/yr. $1.315M. 7.76% cap.
  2. Shopping Center in Colorado Springs, CO: 103,967 SF well kept shopping center adjacent to major retail corridor in a fast growing area. Notable tenants include: Colorado Sky & Golf, Bicycle Village, Advance Auto Parts/CarQuest and Discovery Goodwill. 100% leased to fifteen tenants. NOI $999K/yr. $12.125M. 8.24% cap.
  3. Professional Building in Fort Lauderdale, FL: 6500 SF Class-A multitenant office building constructed in 2000 at a corner location in affluent (AHI $116K/yr) Miami metro. 100% NNN leased to professional and medical tenants including Memorial Hospital. NOI $166K/yr. $$2.6M. 6.40% cap.
  4. Retail Center in Thornton, CO: 13,070 SF in-line retail building completed in 2008 on over 1 ac lot in Denver Suburbs. Shadow anchored by Walmart. Close to North Suburban Medical Center and I-25. 100% NNN leased with good tenant mix including: Papa John's, Comcast, Jackson Hewitt Tax Service and Thai Dental.  NOI $265K/yr. $4.08M. 6.51% cap.
  5. Buffalo Wild Wings in Moreno Valley, CA: 5126 SF casual dining restaurant & bar built in 2009 on nearly 1 ac lot in growing Riverside County. Adjacent to Moreno Valley Mall, Costco and Lowe's. With easy access to Hwy-60. 100% NNN lease with 5 yrs left to a national tenant (NASDAQ: BWLD) with over 1000 locations. NOI $249K/yr. $4.25M. 5.90% cap.
  6. Shopping Center in Denton, TX: 37,203 SF well maintained shopping center on 3.74 ac lot in a growing and upper middle-class area. Close to Golden Triangle Mall and with easy access to I-35E. 100% leased with long-term tenants. NOI $563K/yr. $7.5M. 7.50% cap.
  7. O'Reilly Auto Parts in Norton Shores, MI: 6000 SF single-tenant retail building renovated in 2011 on over 1 ac lot along main retail corridor. Close to Walmart Supercenter and Meijer. 100% NNN- corp lease with over 10 yrs left. NOI $84K/yr with 8% rent bumps every 5 yrs. $1.348M. 6.25% cap.
  8. Hometown Buffet in Vacaville, CA: 8,600 SF Hometown Buffet built in 1999 on 1.33 ac lot in growing upper middle-class (AHI $91K/yr in a 3 mile ring) city near Sacramento. Adjacent to Vacaville Premium Outlets, Sam's Club and Walmart Supercenter. Close to I-80.   20-yrs absolute NNN corp lease with 5 yrs left. NOI $140K/yr. $2.442M. 5.75% cap.
  9. Retail Building in San Jose, CA: 4596 SF well maintained retail building on .34 ac lot along major artery in growing and high income Silicon Valley with an AHI of $100K/yr. Across from Bascom Train Station and close Santa Clara Valley Medical Center. Tenant has been at this location since 1999. 100% NNN lease with 3 yrs left to Leslie's Pool Supplies. NOI $86K/yr. $2.1M. 4.10% cap.
  10. Strip Center in San Mateo, CA: 7138 SF attractive strip center on .43 ac corner lot along major corridor in growing and affluent (AHI $139K/yr in a 3 mile ring) Silicon Valley. Close to San Mateo Medical Center and Hillsdale Shopping Center. 100% leased to AutoZone, Subway and Check 'n Go. NOI $138K/yr. $3.451M. 4% cap. Upside potential as tenants pay below market rent.
(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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