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

Daily Best Commercial Properties

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. 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. 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. 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. 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. 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. 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. 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. 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.