Friday, March 18, 2016

03-04: Burger King, Dollar General, Bojangles', Golden Corral, Dunkin Donuts, Baskin Robbins


Daily Best Commercial Properties

  1. Burger King in Gilbert, AZ: 2726 SF franchised fast food restaurant on .870 ac lot at a signalized intersection in growing Phoenix suburbs. 20 yrs absolute NNN lease with over 18 yrs left to a strong operator with 25 units. NOI $60K/yr with 1% annual rent bumps starting in yr 11. $1.043M. 5.75% cap. Note: flyer not available full brochure upon request.
  2. Dollar General in Atlanta, GA: 9100 SF newly constructed single-tenant retail building in next to I-285. 15 yrs NNN corp lease. NOI $111K/yr with 3% rent increase in yr 11. $1.781M. 6.25% cap.
  3. Retail Center in Tooele, UT: 15,880 SF retail center built in 2000 on .87 ac outparcel to Walmart Supercenter. 91% leased. NOI $144K/yr. $1.8M. 8.05% cap.
  4. MOB in Ocala, FL: 4131 SF Class-A medical office building completed in 2003 on .47 ac lot in a growing middle-class area. 10 yrs NNN lease to a thriving pediatric practice. NOI $95K/yr. $1.35M. 7.04% cap.
  5. Office Building in Southfield, MI: 12,775 SF Class-B multitenant office building along major corridor in a high income area. Close to Tel-Twelve Mall with Meijer grocery and Lowe's. With easy access to I-696. 84% leased. NOI $88K/yr. $1.1M. 9.75% cap.
  6. Burger King in Lawrence, MA: 3250 SF Burger King built in 2010 on 1 ac corner lot in Boston MSA. 15 yrs NNN corp ground lease (land for sale) with over 9 yrs left. NOI $97K/yr with 10% rent increase in yr 11. $1.671M. 6% cap.
  7. Burger King in Centennial, CO: 2885 SF drive-true fast food restaurant on nearly 1 ac lot along busy corridor in Denver's suburbs. Adjacent to Centennial Medical Plaza.  100% absolute NNN lease with 5 yrs left. NOI $139K/yr. $2.14M. 6.50% cap.
  8. Bojangles' in Winston Salem, GA: 2900 SF recently renovated franchised Chicken 'n Biscuits fast food restaurant built in 1996 on .91 ac lot in a growing area. 100% absolute NNN lease. NOI $99K/yr. $1.5M. 6.60% cap.
  9. Golden Corral in Indianapolis, IN: 10,900 SF buffet restaurant built in 2004 on over 3 ac lot a busy retail artery.  With easy access to I-465. 20-yrs absolute NNN corp lease with 10 yrs left. NOI $140K/yr with 5% rent bumps in yr 11 & 16. $2.082M. 6.75% cap.
  10. Dunkin Donuts & Baskin Robbins in North Little Rock, AR: 3003 SF dual-branded retail building renovated in 2014. Adjacent to Kroger grocery center. 100% NNN lease with 15 yrs left. NOI $80K/yr. $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.


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