Wednesday, March 9, 2016

02-24: Dollar General, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Dollar General in Shreveport, LA: 9100 SF Dollar General built in 2011 on over 1 ac lot along busy retail corridor and close to I-49. 15 yrs NNN corp lease with 10 yrs left. NOI $106K/yr. $1.424M. 7.50% cap.
  2. Retail Center in Orlando, FL: 37,729 SF consisting of four retail buildings on 4.61 ac lot along prime retail corridor. Close to Universal Studios and next to Hwy-4. Major tenants include: Buffalo Wild Wings and Pizza Hut. NOI $638K/yr. $8.518M. 7.50% cap.
  3. Shopping Center in Littleton, CO: 45,748 SF shopping center in growing and high income (AHI $96K/yr) Denver suburbs. Shadow anchored by Walmart Neighborhood Market. 97% leased. NOI $657K/yr. $8.75M. 7.51% cap.
  4. Retail Center in San Jacinto, CA: 6000 SF well kept retail center at a signalized intersection in Riverside County. 100% leased to 4 good tenants: Little Caesar's Pizza, El Portal Taco Shop, Ramji Baraiya, DDS and Boost Mobile. NOI $109K/yr. $1.849M. 5.87% cap.
  5. Strip Center in Denver, CO: 12,180 SF strip center on .88 ac lot in a fast growing area. 100% NNN leased to seven tenants. NOI $102K/yr. $1.3M. 7.92% cap.
  6. Shopping Center in Fresno, CA: 30,751 SF attractive shopping center built in 1980 on 3.42 ac lot in a growing middle-class area. Major tenants include: 5950 SF TGI Fridays, Mountain Mike's Pizza, Village Liquor, Massage Spa Le Perisien Cafe among others. 96% NNN leased. NOI $610K/yr. $9.775M. 6.25% cap.
  7. Retail Center in Folsom, CA: 22,550 SF retail center on 2.41 ac lot in affluent Sacramento suburbs. Adjacent to 554,000 SF Folsom Premium Outlets. 100% leased. NOI $325K/yr. $4.643M. 7% cap.
  8. Retail Center in Mesa, AZ: 8416 SF six-units retail center built in 2002 on over 1 ac lot in Phoenix suburbs. Close to Banner Gateway Medical Center and Hwy-60. Tenants include: Subway, CheckMate, barber, massage studio and nail salon, 82% leased with only one vacancy. Actual NOI $126K/yr. $1.8M. 7.02% 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.

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