01-26: KFC, Long John Silver's and A&W, MOB, 24 Hour Fitness, Retail Centers

Daily Best Commercial Properties

KFC in Independence, MO: 2820 SF well maintained fast food restaurant on .48 ac lot along busy retail corridor in Kansas City suburbs.  Will be completely remodeled upon COE. New 20 yrs NNN lease to an experienced operator. NOI $66K/yr with annual rent increases. $1.015M. 6.50% cap. Shopping Center in Lithia Springs, GA: 44,000 SF attractive shopping center constructed in 2006 on over 5 ac lot in fast growing Atlanta suburbs. Across from Kroger center. Close to I-20. 75% leased. NOI $346K/yr. $4.075M. 8.50% cap. Retail Center in Chicago, IL: 19,928 SF retail center on over 1 ac lot at a signalized corner location. 100% NNN leased to AutoZone, Chase Bank and Family Dollar. NOI $283K/yr. $3.825M. 7.40% cap. Retail Center in Coachella, CA: 10,268 SF well kept retail center at a hard corner location in Riverside County. 94% NNN leased with good tenant mix including 7-Eleven. NOI $141K/yr. $2.34M. 6.04% cap. Long John Silver's and A&W in Kansas City, MO: 2380 SF dual-branded fast food restaurant built in 1995 on .80 ac lot. Close to Saint Luke's North Hospital, Boardwalk Square with Walmart Supercenter and Lowe's. 100% absolute NNN lease. NOI $119K/yr. $997K. 12% cap. Retail Center in Orlando Park, IL: 18,875 SF attractive retail center on 2 ac corner lot in a high income area with an AHI of $90K/yr in a 1 mile ring. Across from 1,200,000 SF Orland Square Mall. 94% leased with great long tern tenants. Pro forma NOI $187K/yr. $2.2M. 8.50% cap. MOB in Marietta, GA: 20,120 SF Class-A multitenant medical office building constructed in 1998 on over 1 ac lot in growing and affluent (AHI $138K/yr) Atlanta metro. 100% NNN leased. NOI $345K/yr. $5.532M. 6.25% cap. 24 Hour Fitness in Upland, CA: 33,350 SF fitness center renovated in 2004 on over 3 ac lot along major artery in upper middle-class San Bernardino County. Tenant has been at this location for 11yrs. 15 yrs NNN lease with 3 yrs left. NOI $403K/yr.  Price reduced from $7.018M to $6.208M. 6.5% cap.  Note: 24 Hr Fitness is subleasing from the tenant and paying $864K/yr.

(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.