Thursday, March 3, 2016

02-18: KFC, Fresenius Dialysis Center, MOB, Shopping Centers



Daily Best Commercial Properties

  1. Retail Center in Noblesville, IN: 15,040 SF attractive retail center completed in 1996 on 1.37 ac outparcel to Marsh Supermarket. Tenants include: Crown Liquors, Papa Murphy's, Big League Barbers, Chinese Restaurant and Pharmacy Express. NNN leased with only two small vacancies. Actual NOI $247K/yr. $3.12M. 7.93% actual cap. Upside potential.
  2. Shopping Center in Ocala, FL: 30,904 SF well maintained shopping center on 2.75 ac lot along major retail artery. Across from Publix Super Market ad Harbor Freight Tools center. Excellent tenant mix. NOI $188K/yr. $2.162M. 8.73% cap. Just $70/SF!
  3. KFC in Atlanta, GA: 2660 SF KFC restaurant completed in 1995 on .62 ac lot on an off/on ramp of I-285. 20 yrs absolute NNN lease with 16 yrs left. NOI $92K/yr with rent bumps every 5 yrs. $1.752M. 5.25% cap.
  4. Shopping Center in Fort Wayne, IN: 84,560 SF mature shopping center along busy retail artery. Adjacent to several shopping center including Glenbrook Square Mall. 100% leased. Actual NOI $383K/yr. $3.995M. 9.61% cap.
  5. Retail Center in Lawrenceville, GA: 19,724 SF attractive retail center constructed in 2005 on over 1 ac lot in fast growing Atlanta suburbs. 84% leased to retail, office and medical tenants. NOI $179K/yr. $1.8M. 10% cap.
  6. Fresenius in Stone Mountain, GA: 8700 SF dialysis center with excellent visibility in growing Atlanta suburbs. Tenant has been at this location since 2005. 100% NNN- lease with 4 yrs left. NOI $174K/yr. $2.485M. 7% cap.
  7. MOB in Fort Myers, FL: 8162 SF Class-A single-tenant medical office building completed in 1993. 100% NNN. NOI $187K/yr. $2.21M. 8.50% cap.
  8. Shopping Center in Fresno, CA: 87,850 SF established shopping center at a corner location.  Anchored by 99-Cents Store and dd’s Discounts.  NNN leased.  NOI $614K/yr. $8.785M. 7% cap.
  9. Shopping Center in Las Vegas, NV: 54,924 SF shopping center built in 1999 on 5.44 ac lot along major retail artery. 87% NNN leased. Actual NOI $684K/yr. $9.4M. 7.28% cap.
  10. Strip Center in West Jordan, UT: 5101 SF strip center built in 2007 on .72 ac lot in a growing and high income Salk Lake City suburbs with an AHI of $80K/y in a 1 mile ring. 100% NNN leased to Starbucks Coffee, Spring Mobile and Al Sabor Mexican restaurant. NOI $137K/yr. $1.828M. 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.


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