Tuesday, March 8, 2016

02-23: Country Skillets, Dollar General, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Phoenix, AZ: 79,105 SF well maintained shopping center on 8.59 ac lot along busy artery. With easy access to Hwy-51. 85% NNN leased with good tenant mix including Ace Hardware. Actual NOI $659K/yr. $9.41M. 7% actual cap. Upside potential.
  2. Shopping Center in League City, TX: 50,962 SF attractive shopping center completed in 2014 on 5.88 ac lot in fast growing and affluent (AHI $112K/yr) Houston suburbs. NNN leased. NOI $911K/yr. $12.75M. 7.15% cap.
  3.  Retail Center in Crowley, TX: 26,500 SF retail center built in 2007 on 2.47 ac lot in growing (95% pop growth since 2000) and upper middle-class Fort Worth MSA. Tenants include: i-Fit Elite Fitness Center, Nails Plus, Diet Solutions, Bethel Management, Gold Tanning and Inspire Salon. 100% leased. NOI $234K/yr. $2.925M. 8% cap.
  4. Strip Center in Mansfield, TX: 7894 SF strip enter constructed in 1999 on .82 ac outparcel to Walmart  in affluent (AHI $101K/yr) Dallas/Ft Worth metro. 100% NNN leased. NOI $152K/yr. $2.182M. 7% cap.
  5. Country Skillets in Pittsburg, CA: 4000 SF well maintained family restaurant on .57 ac lot at a signalized intersection in growing Contra Costa County. 100% NNN lease to an experienced operator with 10 yrs left. NOI $84K/yr with 2% annual rent increases. $1.527M. 5.5% cap.
  6. Retail Center in Bethany, OK: 30,000 SF well kept retail center on over 3 ac lot along busy corridor in Oklahoma City suburbs. 91% leased. Actual NOI $121K/yr. $1.475M. 8.27% cap.
  7. Retail Center in Euless, TX: 12,652 SF retail center built in 2005 on over 1 ac lot in Dallas/Ft. Worth suburbs. Shadow anchored by Albertsons grocery. 88% NN leased to T-Mobile Limited, Little Caesar's Pizza, Check N Go, and Euless Swiftcare. NOI $191K/yr. $2.162M. 8.86% cap.
  8. Neighborhood Center in Algonquin, IL: 103,266 SF shopping center on 11 acres of land in a high income area. Anchored by Butera Foods (a local grocery store chain), Dollar Tree, Goodwill and Chase Bank. 78% leased. NOI $566K/yr. $7.977M. 7.10% cap.
  9. Retail Center in Elgin, IL: 12,500 SF attractive retail center in growing and upper middle-class area. Close to Presence Saint Joseph Hospital. NNN leased. NOI $142K/yr. $1.728M. 8.25% cap.
  10. Dollar General in Louisville, KY: 12,928 SF freestanding retail building on nearly 1 ac lot. Adjacent to University of Louisville with over 22,000 students. 100% NNN lased with 2 yrs left. 8% cap. NOI N/A.
(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.


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)