03-10: Walgreens, MOB, Burlington Coat Factory, Retail Plaza, Shopping Centers

Daily Best Commercial Properties

Retail Center in West Jordan, UT: 7647 SF attractive strip center built in 2007 along busy corridor in growing and high income Salt Lake City suburbs. 100% leased to five tenants. NOI $124K/yr. $1.6M. 7.75% cap. Walgreens in Mobile, AL: 15,120 SF drive-thru Walgreens at a signalized intersection and in a high income (AHI $95K/yr) area.  Across from Winn-Dixie grocery center. 20 yrs NNN lease with 5 yrs left. NOI $356K/yr. $5.085M. 7% cap. Shopping Center in Jacksonville, FL: 46,660 SF attractive shopping center on nearly 5 ac lot. Major tenant: Agape Wesconnett Community Health Center. 81% leased. Actual NOI $380K/yr. $3.5M, 10.88% actual cap. MOB in Fort Worth, TX: 11,485 SF Class-A multitenant medical office building on over 1 ac lot. Across from Kindred Hospital and close to Texas Health Harris Methodist Hospital. 100% NNN leased to three medical tenants. NOI $238K/yr. $3.4M. 7% cap. MOB in Overland Park, KS: 5014 SF Class-B single-tenant medical office building on .63 ac lot in upper middle-class Kansa City MSA. 100% absolute NNN lease with 8 yrs left to Diagnostic Radiology Institute. NOI $79K/yr. $990K. 8% cap. Retail Center in East Orange, NJ: 23,348 SF retail center in New York suburbs. Tenants include: Family Dollar, Little Caesars, Laundry Park, Shoe Time and Bruno's Fired Chicken. 91% NNN leased with only one vacancy. NOI $260K/yr. $3.26M. 8% cap. Burlington Coat Factory in Bettendorf, IA: 79,158 SF big-box retail building on nearly 7 ac lot. Adjacent and with easy access to I-74. Brand new roof. 100% NNN corp lease with 4 yrs left. NOI $628K/yr. $7.851M. 8% cap. Retail Plaza in Los Angeles, CA: 16,032 SF well maintained retail center constructed in 1996 on .71 ac corner lot in densely populated area with over 1,200,000 residents in a 5 mile ring. 100% leased. NOI $269K/yr. $4.7M. 5.73% cap. Shopping Center in Palmdale, CA: 28,545 SF L-shaped shopping center on 2.90 ac lot in fast growing Southern California. Across from Vallarta Supermarkets and Fallas center. 77% leased with good tenant mix including Laundromat, dentist, liquor store, barbershop among others. Actual NOI $233K/yr. $3.825M. 6.12% cap. Shopping Center in Bristol, CT: 42,951 SF shopping center on a 3 ac lot in Hartford metro. Across from developing 150,000 SF office building. NOI $614K/yr. $4.895M. 12.55% 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.