Thursday, March 31, 2016

03-17: Walgreens, Office Buildings, Strip Centers, Shopping Centers




Daily Best Commercial Properties

  1. Office Building in Cary, NC: 18,000 SF Class-A multitenant office building completed in 2008 on over 4 ac lot in growing and affluent (AHI of $159K/yr) Raleigh metro.  NNN leased with only one vacant unit. Actual NOI $317K/yr. $4.2M. 7.55% cap.
  2. Retail Center in Minnetonka, MN: 31,095 SF retail center renovated in 2012 on 2.81 ac lot in growing and high income (AHI of $117K/yr) Minneapolis suburbs. 80% leased. Actual NOI  $172K/yr. $2.4M. 7.19% actual cap. Upside potential when fully leased.
  3. Strip Center in Carol Stream, IL: 15,197 SF strip center built in 1997 along busy retail corridor in affluent Chicago metro with AHI of $119K/year. Adjacent major tenants include: Goodwill, Home Depot, AutoZone and Jewel Osco. 100% leased to a diverse mix of national and local tenants including, Great Clips, GNC and Athetico. Pro forma NOI $324K/yr. $4.055M. 8% pro forma cap.
  4.  Shopping Center in Arnold, MO: 42,091 SF attractive shopping center in St. Louis MSA. Adjacent to Target and Home Depot and close to I-55. 90% leased to XIST Fitness, La Pachanga, Smugala's Pizza and Dance Productions Unlimited. NOI $311K/yr. $4.017M. 7.75% cap. Upside potential.
  5. Shopping Center in Dacula, GA: 54,002 SF shopping center built in 2008 on over 5 ac lot in growing & well-off Atlanta metro (AHI of $103K/yr). 80% leased. NOI $273K/yr. $3.9M. 7% cap.
  6. Neighborhood Center in Gumming, GA: 62,410 SF shopping center constructed in 2009 on 7.63 ac lot in fast growing (487% pop growth since 2000) and affluent (AHI $122K/yr) Atlanta metro. 100% leased. NOI $616K/yr. $7.25M. 8.50% cap.
  7. Walgreens in Saint Louis, MO: 13,035 SF drug store at a signalized corner location. Tenant has been at this location since 1986. Recently extended NNN lease with 5 yrs left. NOI $153K/yr. $2.355M. 6.50% cap.
  8. Retail Center in Thornton, CO: 15,906 SF attractive retail center built in 2009 on 1.62 ac lot in high income Denver suburbs. 94% NNN leased to Edward Jones, Papa Murphy's, Comfort Dental, Muttz Pet Goods, Pho 9 Asian Grill, Foxy Nails and Studio X Salon. Pro forma NOI $317K/yr. $4.381M. 7.25% cap.
  9. Strip Center in Buford, GA: 15,885 SF well maintained strip center on 2 ac lot  in growing and high income (AHI $83K/yr) Atlanta suburbs. NNN leased. NOI $113K/yr. $1.45M. 7.80% cap.
  10. Shopping Center in Parkland, WA: 51,315 SF shopping center on 4.55 ac lot at a hard corner location in Tacoma suburbs. Anchored by QFC Grocery, a regional operator with 64 locations. With easy access to Hwy-512. 97% leased. Actual NOI $482K/yr. $6.7M. 7.20% actual cap. Upside potential when fully leased. 
(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.

Wednesday, March 30, 2016

03-16: Surgery Center, Goodwill, Mixed-use, Accelerated Urgent Care, Shopping Center


Daily Best Commercial Properties

  1. Retail Center in Aurora, IL: 14,456 SF retail center built in 2002 on 1.61 ac lot in a fast growing and affluent Chicago area with an AHI of $161K/yr in a 1 mile ring. Major tenants include: Great Clips, Mathnasium, Amato's Pizza and Subway. 100% NNN leased to ten tenants. NOI $279K/yr. $3.733M. 7.50% cap.
  2. Surgery Center in Tucson, AZ: 6300 SF medical office building completed in 2014 on .14 ac lot. Close to TMC Tucson Medical Center. 100% NNN corp lease with over 9 yrs left. NOI $123K/yr with 3% annual rent increases. $1.978M. 6.25% cap.
  3. Goodwill in Clovis, CA: 16,055 SF single tenant retail building constructed in 2003 on over 2 ac lot in a fast growing area. Adjacent to Walmart Supercenter. Between Sierra Vista Mall and Hwy-168. 100% NNN- corp lease with over 8 yrs left. NOI $228K/yr. $3.9M. 5.85% cap.
  4. Retail Center in Spring, TX: 12,000 SF attractive retail center built in 2008 on 1.21 ac lot in growing (164% pop growth since 2000) and high income (AHI $112K/yr) Houston suburbs. 90% leased. Actual NOI $215K/yr. $2.45M. 8.80% cap. Upside potential.
  5. Mixed-use in Westerville, OH: 36,285 SF eye-catching office/retail center completed in 2000 on 4.61 ac corner lot in affluent community in Columbus suburbs with an AHI of $127K/yr in a 1 mile radius. Between Meijer and Kroger groceries stores. 100% leased. NOI $423K/yr. $5.295M. 8% cap.
  6. Retail Plaza in Davenport, IA: 14,336 SF well maintained retail center built in 1997. Close to North Park Mall. All units face main road. 100% leased with good tenant mix. NOI $137K/yr. $1.45M. 9.50% cap.
  7. Neighborhood Center in Gilroy, CA: 145,076 SF shopping center on nearly 14 acres of land anchored by 63,793 SF Burlington Coat Factory in high income Silicon Valley suburbs. Other major tenant include: Harbor Freight, The Guitar Center, Cycle Gear and AutoZone. On an off/on ramp of Hwy-101. Adjacent to major centers with Costco, Walmart Supercenter, Lowe's, Target and Kohl's. 97% leased. Actual NOI $1.779M/yr. $26.5M. 6.72% cap.
  8. Accelerated Urgent Care in Bakersfield, CA: 6,500 SF freestanding single-tenant medical building renovated in 2015 on .63 ac lot at a hard corner location. New 10 yrs NNN lease. NOI $214K/yr with a 10% rent increase in yr 6. $3.575M. 6% 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.

03-15: Burger King, Just Brakes, MOB, Shopping Center, Retail Centers, Strip Centers



Daily Best Commercial Properties

  1. Burger King in Royal Oak, MI: 2030 SF well maintained fast food restaurant on .94 ac lot along busy artery. 20 yrs absolute NNN lease to a strong operator with 22 units. NOI $105K/yr with 10% rent bumps every 5 yrs. $1.68M. 6.25% cap.
  2. Retail Center in Mansfield, TX: 7,894 SF strip enter constructed in 1999 on .82 ac outparcel to Walmart  in affluent (AHI $100K/yr) Dallas/Ft Worth metro. With easy access to Hwy-287. 100% NNN leased. NOI $152K/yr. $2.05M. 7.45% cap.
  3. Retail Center in Des Moines, IA: 12,000 SF attractive retail center on 1.48 ac outparcel to Home Depot, Office Max, Best Buy & PetSmart power center. Across from Walmart Supercenter. 100% NNN leased to Jimmy John's, Aspen Dental & Verizon. NOI $246K/yr. $3.405M. 7.25% cap.
  4. Strip Center in Phoenix, AZ: 9872 SF strip center on over 1 ac lot with affluent (AHI of $100K/yr in 1 mile radius) neighborhood.  100% NNN leased.  NOI $208K/yr. $2.785M. 7.50% cap.
  5. Neighborhood Center in Wichita, KS: 120,342 SF well maintained shopping center along main retail artery. Adjacent to Walmart Neighborhood Market. Major tenants include: Planet Fitness, Payless, Mattress Firm, Cricket and Sprint. 94% leased. NOI $1.271M/yr. $14M. 9.08% cap.
  6. Retail Building in Bakersfield, CA: brand new 15,000 SF retail building on nearly 1 ac lot at a main retail artery.  Near Valley Plaza Mall. On an off/on ramp of Hwy-99. 100% NNN leased to Lumber Liquidators and Hustler Hollywood. NOI $221K/yr. $3.171M. 7% cap.
  7. MOB in Columbus, OH: 8200 SF Class-B single-tenant medical office building on .52 ac lot. Close to Mt Carmel St. Ann's Hospital and I-270. Tenant has been at this location since 1994. 100% NNN lease with 5 yrs left to Nova Care, a national healthcare provider with over 1,000 locations. NOI $114K/yr. $1.52M. 7.50% cap.
  8. Just Brakes in Waco, TX: 3454 SF 6-bay auto center on .37 ac lot in a fast growing area. Along major artery.100% absolute NNN lease. NOI $69K/yr with 10% rent increases every 5 yrs. $1.066M. 6.50% cap.
  9. MOB in Geneva, IL: 21,900 SF Class-A medical office building completed in 2008 on 1.40 ac lot in a growing and high income area with an AHI of $112K/yr. Close to Delnor Community Hospital and Geneva Commons an upscale lifestyle power center with several anchor tenants. 80% leased to multiple medical tenants. NOI $270K/yr. Price reduced from $3.6M to $2.9M. 8% cap.
  10. Office Building in Keyport, NJ: 20,000 SF Class-B consisting of two multitenant office buildings constructed in 1990 on 1.45 ac lot in high income New York suburbs. NNN leased to medical and professional tenants. NOI $198K/yr. $2.65M. 7.50% 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.

Monday, March 28, 2016

03-14: Vantage Oncology, Wallgate Sports Club, MOB, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Shopping Center in Fort Worth, TX: 23,004 SF retail center in a fast growing and upper middle-class area. With easy access to I-820. 100% NNN leased with mostly medical tenants in addition to a gas station. NOI $422K/yr. $5.85M. 7.21% cap.
  2. Vantage Oncology in Los Angeles, CA: 9525 SF single-tenant cancer care center on .61 ac lot along major artery in densely populated (626,000 residents in a 5 mile ring) and upper middle-class (AHI $83K/yr) area. 10 yrs NNN corp lease with 5 yrs left to a strong credit tenant with 50 cancer treatment centers. NOI $212K/yr with annual CPI rent increases. $4.1M. 5.18% cap.
  3. Shopping Center in San Antonio, TX: 26,485 SF consisting of three separate buildings on 2.71 ac lot at a signalized corner location. 79% leased. Actual NOI $181K/yr. $2.137M. 8.50% actual cap. Upside potential when fully leased.
  4. Office Building in Fresno, CA: 22,753 SF Class-B multitenant office building on 1.80 ac lot along main retail corridor. Close to Fashion Fair Mall and Hwy-41. 100% leased. NOI $159K/yr. $2.13M. 7.50% cap.
  5. Strip Center in Norcross, GA: 9600 SF attractive strip center in fast growing Atlanta metro. 100% NNN leased to seven tenants. NOI $90K/yr. $1M. 9.04% cap.
  6. Office Building in Murrieta, CA: 9852 SF Class-B multitenant office building completed in 2001 on .73 ac lot high income Riverside County with an AHI of $90K/yr in a 3 mile radius. With easy access to I-15. 100% NNN leased to medical and professional tenants. NOI $134K/yr. $2.69M. 5% cap.
  7. Wellgate Sports Club in Redding, CA: 23,000 SF single-tenant elite fitness center on over 2 ac lot. 100% NNN lease to an experienced operator with 9 yrs left. NOI $203K/yr with annual rent increases. $2.75M. 7.40% cap.
  8. Neighborhood Center in Fayetteville, GA: 72,277 SF attractive shopping center on 8.58 ac lot anchored by Harbor Freight Tools and Goodwill in Atlanta MSA. 84% leased. Actual NOI $627K/yr. $6.85M. 9.16% actual cap. Upside potential.
  9. Retail Center in Suwanee, GA: 17,366 SF high-quality construction retail center completed in 2009 on 1.70 ac lot in affluent Atlanta suburbs with an AHI of $112K/yr in a 3 mile ring. Major tenant: Emory Healthcare. 100% leased. NOI $304K/yr. $4.14M. 7.30% cap.
  10. MOB in Centennial, CO: 50,287 SF Class-B medical office building constructed in 1996 on over 5 ac lot in affluent (AHI $117K/yr) Denver metro. 76% leased with mostly medical tenants. NOI $399K/yr. $6.45M. 6.20% 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.

Friday, March 25, 2016

03-10: Walgreens, MOB, Burlington Coat Factory, Retail Plaza, Shopping Centers



Daily Best Commercial Properties

  1. Retail Center in West Jordan, UT: 7647 SF attractive strip center built in 2007 along busy corridor in growing and high income Salt Lake City suburbs. 100% leased to five tenants. NOI $124K/yr. $1.6M. 7.75% cap.
  2. Walgreens in Mobile, AL: 15,120 SF drive-thru Walgreens at a signalized intersection and in a high income (AHI $95K/yr) area.  Across from Winn-Dixie grocery center. 20 yrs NNN lease with 5 yrs left. NOI $356K/yr. $5.085M. 7% cap.
  3. Shopping Center in Jacksonville, FL: 46,660 SF attractive shopping center on nearly 5 ac lot. Major tenant: Agape Wesconnett Community Health Center. 81% leased. Actual NOI $380K/yr. $3.5M, 10.88% actual cap.
  4. MOB in Fort Worth, TX: 11,485 SF Class-A multitenant medical office building on over 1 ac lot. Across from Kindred Hospital and close to Texas Health Harris Methodist Hospital. 100% NNN leased to three medical tenants. NOI $238K/yr. $3.4M. 7% cap.
  5. MOB in Overland Park, KS: 5014 SF Class-B single-tenant medical office building on .63 ac lot in upper middle-class Kansa City MSA. 100% absolute NNN lease with 8 yrs left to Diagnostic Radiology Institute. NOI $79K/yr. $990K. 8% cap.
  6. Retail Center in East Orange, NJ: 23,348 SF retail center in New York suburbs. Tenants include: Family Dollar, Little Caesars, Laundry Park, Shoe Time and Bruno's Fired Chicken. 91% NNN leased with only one vacancy. NOI $260K/yr. $3.26M. 8% cap.
  7. Burlington Coat Factory in Bettendorf, IA: 79,158 SF big-box retail building on nearly 7 ac lot. Adjacent and with easy access to I-74. Brand new roof. 100% NNN corp lease with 4 yrs left. NOI $628K/yr. $7.851M. 8% cap.
  8. Retail Plaza in Los Angeles, CA: 16,032 SF well maintained retail center constructed in 1996 on .71 ac corner lot in densely populated area with over 1,200,000 residents in a 5 mile ring. 100% leased. NOI $269K/yr. $4.7M. 5.73% cap.
  9. Shopping Center in Palmdale, CA: 28,545 SF L-shaped shopping center on 2.90 ac lot in fast growing Southern California. Across from Vallarta Supermarkets and Fallas center. 77% leased with good tenant mix including Laundromat, dentist, liquor store, barbershop among others. Actual NOI $233K/yr. $3.825M. 6.12% cap.
  10. Shopping Center in Bristol, CT: 42,951 SF shopping center on a 3 ac lot in Hartford metro. Across from developing 150,000 SF office building. NOI $614K/yr. $4.895M. 12.55% 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.

03-11: NTB, MOB, Shopping Centers, Walgreens, Medical Complex

You often hear the phrase "location, location, location" as 3 most important things in picking the good properties. For residential properties, good location means quiet area (away from busy streets), good school districts, high income areas, etc.  Is it the same for commercial properties?  See attached article.


Daily Best Commercial Properties

  1. NTB in Reynoldsburg, OH: 11,204 SF National Tire & Battery auto center built in 2001 on over 1 ac lot along main retail corridor in Columbus suburbs. Across from Walmart and Sam's Club center. Close to Target center and with easy access to I-79. 10 yrs absolute NNN with over 5 yrs left. $2.251M. 7.50% cap.
  2. MOB in Indianapolis, IN:12,681 SF single-tenant Podiatry Outpatient Surgery Center on 2.59 ac lot. Adjacent to St Vincent's Hospital. 100% NNN leased to Community Health Network, a A2 Moody's national credit tenant. Center performs more than 1000 cases/year.  NOI $373K/yr. $4.9M. 7.62% cap.
  3. Shopping Center in Houston, TX: 77,553 SF well maintained shopping center on nearly 6 ac lot at a signalized intersection anchored by Foodarama, a dominant supermarket chain with nine stores. Other major tenants include: Wingstop, Ace Cash Advance, City Gear, UT Physicians and Value Discount Liquors. 98% NNN leased. NOI $441K/yr. $5.69M. 7.76% cap.
  4. Shopping Center in Taylor, MI: 89,647 SF consisting of two well maintained retail centers completed in 1997 on 10 ac lot along a main artery. Adjacent to Vibra Hospital. Tenants include: Sears Outlet Store, Salvation Army, Ollie's Bargain Outlet, Oakwood Healthcare and Urgent Care One. 100% leased. NOI $527K/yr. $6.205M. 8.50% cap.
  5. Retail Center in Forney, TX: 19,426 SF retail center built in 2014 on over 2 ac lot in growing Dallas MSA. Across from Walmart & Lowe's center. Visible and on an off/on ramp of Hwy-80. 100% NNN leased with excellent tenant mix. NOI $509K/yr. $6.84M. 7.45% cap.
  6. Neighborhood Center in Melrose Park, IL: 138,355 SF well kept shopping center on over 11 ac lot at a major retail intersection anchored by Planet Fitness, Harbor Freight and FAMSA. Adjacent to T.J Max and Burlington Coat Factory. Close to Kindred Hospital. NNN leased. Actual NOI $955K/yr. $10.9M. 8.77% cap.
  7. Retail Center in Dunedin, FL: 13,384 SF well maintained retail center on over 1 ac corner lot in Tampa MSA. Across from Walmart Neighborhood Market center. Close to Westfield Countryside Mall and Hwy-19. 94% leased. NOI $180K/yr. $2.249M. 8.02% cap.
  8. Walgreens in Dallas, TX: 13,905 SF drive-thru pharmacy built in 1998 on 1.38 ac lot at a signalized intersection. Across from center with Fiesta Mart, dd's Discounts. Adjacent to Target, Walmart Supercenter, JCPenney and Home Depot.100% NNN lease with 3-yrs left. NOI $292K/yr. $3.65M. 8% cap.
  9. MOB in Gastonia, NC: 15,600 SF 12-units medical complex on .80 ac lot in Charlotte metro. Across from Gaston memorial Hospital. 100% leased. $207K/yr. $2.3M. 9% 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.


Wednesday, March 23, 2016

03-09: Boston's, Lil Munchkins, Retail Centers, Shopping Centers

Daily Best Commercial Properties

  1. Boston's in Irving, TX: 6909 SF Boston Pizza and Spaghetti House Restaurant on 1.59 ac lot on a major artery in Dallas metro. Adjacent to major big-box retailers such as Sam's Club, Kohl's, PetSmart and Walmart Supercenter. Next to I-615. New 20 yrs absolute NNN lease. NOI $180K/yr with 10% rent bumps every 5 yrs. $2.667M. 6.75% cap.
  2. Retail Center in Lincoln, NE: 11,738 SF retail center built in 2005 on 1.62 ac lot in affluent area with an AHI of $122K/yr in a 1 mile ring. 100% NNN leased. NOI $147K/yr. $2.1M. 7% cap.
  3. Retail Building in Victorville, CA: 47,650 SF well kept retail building on over 5 ac lot at a signalized intersection in San Bernardino County. 100% leased by two national tenants: dd's Discount operated and guaranteed by Ross Dress for Less, and Fallas a strong off-price retail apparel and houseware operator with over 350 stores. NOI $285K/yr. $4.752M. 6% cap.
  4. Strip Center in Gilbert, AZ: 5552 SF attractive strip center completed in 2004 on .51 ac outparcel to Fry's Marketplace in Phoenix suburbs. 100% NNN leased to three tenants. NOI $141K/yr. $2.151M. 6.60% cap.
  5. Lil Munchkins in Sterling Heights, MI: 10,000 SF day care facility built in 1998 on over 1 ac lot in growing and upper-middle class area. New 10 yrs lease. NOI $140K/yr with 1.50% annual rent increases. $1.75M. 8% cap.
  6. Retail Building in Brownsville, TX: 5628 SF newly constructed  single-tenant retail building on .54 ac lot at a hard corner location. Visible and next to Hwy-77/83. 100% leased to a dental practice. NOI $160K/yr. $2.22M. 7.25% cap.
  7. Strip Center in San Jose, CA: 5258 SF strip center on .63 ac lot along major artery in affluent Silicon Valley with an AHI of $150K/yr. 100% NNN leased to strong tenants. NOI $160K/yr. $2M. 8% cap.
  8. Retail Center in San Jose, CA: 9466 SF two-story retail center completed in 2012 on .58 ac lot in growing and high income Silicon Valley. Close to Hwy-101. NNN leased. NOI $313K/yr. $5.68M. 5.52% cap.
  9. Retail Building in San Jose, CA: 9506 SF brand new retail building along major artery in densely populated and high income Silicon Valley. Close to Costco. NNN leased to multiple tenants. NOI $229K/yr. $4.275M. 5.37% 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.


Tuesday, March 22, 2016

03-08: DaVita, USMD, Rally's, MOB, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Layton, UT: 12,750 SF attractive retail center completed in 2000 on 1.83 ac lot in growing and upper middle-class Salt Lake City suburbs. Across from Smith's grocery. 88% leased to long-term established tenants. Actual NOI $146K/yr. $1.915M. 7.66% actual cap. Upside potential.
  2. DaVita in Forest Park, GA: 7800 SF 18-stations kidney dialysis center on .77 ac lot in Atlanta suburbs. Tenant has been at this location since 2000. Newly extended 10 yrs NNN lease. NOI $107K/yr with 2% annual rent increases. $1.655M. 6.50% cap. 
  3. USMD in Saginaw, TX: 4956 SF Class-B single-tenant medical office building on 1 ac lot in growing Fort Worth suburbs. 100% NNN lease with over 5 yrs left to USMD, a regional operator with  two hospitals, four cancer treatment centers and more than 50 primary care and specialty clinics. NOI $89K/yr. $1.19M. 7.50% cap.
  4. Shopping Center in Columbus, OH: 35,362 SF well maintained shopping center on nearly 3 ac lot at a hard corner location. Across from major center with Walmart Supercenter, Cinemark. Tenants include: Columbus Scores, Adam & Eve, La Michoacana  Mexican Market, Al Mustafa Market & Bakery, Diamonds Ice Cream and Ohio Muebles Garcia. NOI $399K/yr. $4.702M. 8.50% cap.
  5. Shopping Center in Madison, AL: 33,157 SF shopping center completed in 2014 on nearly 4 ac lot in high income Huntsville MSA. Between Madison Hospital and The Shoppes of Madison with Target, Ross, Dollar Tree and Petco. 92% leased to strong national and local tenants. NOI $743K/yr. $9.65M. 7.70% cap.
  6. Neighborhood Center in Richardson, TX: 63,282 SF high-end lifestyle retail center renovated in 2008/2014 on over 7 ac lot in high income Dallas metro with an AHI of $101K/yr in a 1 mile ring. NNN leased. NOI $829K/yr. $10.321M. 7.45% cap.
  7. MOB in Salinas, CA: 5400 SF Class-B single-tenant medical office building on .45 ac corner location in a fast growing middle-class area. 100% NNN leased with 4+ yrs left to Workwell Medical with 4 locations.  NOI $123K/yr. $1.65M. 7.50% cap.
  8. Rally's in Madera, CA: 963 SF drive-thru fast food restaurant built in 1992 on .38 ac lot along busy retail corridor. Close to Walmart and Hwy-99. 20 yrs NNN lease with 17 yrs left to an experienced franchisee with 11 units. NOI $53K/yr with 10% rent increases every 5 yrs. $1.069M. 5% cap.
  9. Office Buildings in Glendale, AZ: 19,600 SF consisting of two office buildings completed in 2000 in Phoenix suburbs. Near Arrowhead Towne Center and Costco. 100% NNN leased to stable tenants. NOI $253K/yr. $3.332M. 7.60% cap.
  10. Retail Center in Syracuse, NY: 38,413 SF well kept retail center on over 5 ac lot at a major retail corridor. Visible and with easy access to I-690.100% NNN leased to Michaels and David's Bridal. NOI $381K/yr. $5.86M. 6.50% 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.


Monday, March 21, 2016

03-07: Red Lobster, AutoZone, Aaron's, Dunkin' Donuts & Baskin Robbins, MOB, Mixed-use


Daily Best Commercial Properties

  1. Retail Center in Johns Creek, GA: 21,930 SF consisting of two attractive retail centers built in 1997 on 3 ac lot at a busy corridor in affluent (AHI $133K/yr) Atlanta metro. Across from Publix center. 93% leased to nine tenants. With mostly NNN leases. Actual NOI $206K/yr. $2.915M, 7.10% cap.
  2. Red Lobster in Lake Jackson, TX: 7778 SF well maintained American casual dining restaurant on 1.21 ac outparcel to Brazos Mall. Across from Walmart Supercenter and on an off/on ramp of Hwy-288. 25 yrs absolute NNN corp lease. NOI $170K/yr with 2% annual rent increases. $3.097M. 5.50% cap.
  3. MOB in Geneva, IL: 21,900 SF Class-A medical office building completed in 2008 on 2.76 ac lot in a growing and high income area with an AHI of $112K/yr. Close to Delnor Community Hospital and Geneva Commons an upscale lifestyle power center with several anchor tenants. 80% leased to multiple medical tenants. NOI $270K/yr. $3.6M. 7.50% cap.
  4. Shopping Center in Moreno Valley, CA: 45,900 SF well kept shopping center built in 1995 on 4 ac lot in growing Riverside County. Near Moreno Valley Mall, a 134,782 SF Valley Gateway Plaza with Walmart, Marshalls, Target and LA Fitness.  With easy access to Moreno Valley Fwy. $5.5M.  NOI N/A. Just $120/SF!
  5. Office Building in Littleton, CO: 16,257 SF Class-B multitenant office building in high income (AHI $102K/yr) Denver suburbs. 100% leased to strong credit tenants. NOI $243K/yr. $3.24M. 7.50% cap.
  6. AutoZone in Little Rock, AR: 4822 SF single-tenant retail building constructed in 2002 on .62 ac lot on an off/on ramp of I-30. 15 yrs NNN corp lease with over 10 yrs left. NOI $62K/yr. $1.046M. 6% cap.
  7. Shopping Center in Tucson, AZ: 74,445 SF attractive shopping center built in 2001 on 8.55 ac lot anchored by 51,242 SF Lee Lee International Supermarket with 3 locations. Across from Northwest medical Center. 92% leased. NOI $533K/yr. $6.9M. 7.74% cap.
  8. Aaron's in Idaho Falls, ID: 10,000 SF single-tenant retail building constructed in 2007 on nearly 1 ac lot. Adjacent to Grand Teton Mall. 100% NNN lease with 9 yrs left. NOI $89K/yr. $1.285M. 7% cap.
  9. Mixed-use in Clayton, CA: 16,500 SF consisting of three retail/office buildings on 1.58 ac lot along busy artery in high income (AHI of $110K/yr) Concord suburbs. Anchored by Safeway and Walgreens center. Across from Ross Dress for Less and Orchard Supply Hardware center.  100% NNN leased. NOI $282K/yr. $4.5M. 6.27% cap.
  10. Dunkin' Donuts and Baskin Robbins in Conway, AR: 3946 SF recently renovated dual-branded retail building. Adjacent to Kroger and with easy access to I-40. Near Conway Commons. 15 yrs absolute NNN lease. NOI $80K/yr with 1.5% annual rent bumps. $1M. 8% 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.