Friday, February 12, 2016

01-29: MOB's, Shopping Centers, Strip Centers

Daily Best Commercial Properties

  1. Sport Medicine & Orthopedic Center, West Palm Beach FL: 12,397 SF single-tenant medical office building on 2.18 ac lot in Miami metro. 10 yrs NNN lease.  NOI $334K/yr. with 2% annual rent bumps. $4.99M. 6.69% cap.
  2. Shopping Center Hayward, CA: 84,513 SF shopping center built in 1992 on 6.25 ac parcel in Silicon Valley metro.  Anchored by a 53,132 Raley's Grocery. 100% NNN lease. NOI $1.54M/yr. $27.5M. 5.6% cap.
  3. Strip Center in Phoenix, AZ: 17,784 SF 19-unit well-constructed strip center  on 1.29 ac lot. 90% leased.  NOI $156K/yr. $1.96M. 8% cap.
  4. Shopping Center in Wheeling, IL: 64,352 SF shopping center on 4.94 ac corner lot in middle class North East of Chicago.  94% leased.  $9.04M. NOI and cap not avail.
  5. Medical Office Building in Owensboro, KY: 29,846 SF MOB adjacent to Owensboro Health Park. 76% occupied.  NOI $121K/yr. $1.21M. 10% cap.
  6. Shopping Center in Nashville, TN: 51,674 SF mature shopping center on over 3 ac lot. 100% occupied.  NOI $136K/yr.  $1.95M 7% cap..

(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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