03-17: Walgreens, Office Buildings, Strip Centers, Shopping Centers

Daily Best Commercial Properties

Office Building in Cary, NC: 18,000 SF Class-A multitenant office building completed in 2008 on over 4 ac lot in growing and affluent (AHI of $159K/yr) Raleigh metro.  NNN leased with only one vacant unit. Actual NOI $317K/yr. $4.2M. 7.55% cap. Retail Center in Minnetonka, MN: 31,095 SF retail center renovated in 2012 on 2.81 ac lot in growing and high income (AHI of $117K/yr) Minneapolis suburbs. 80% leased. Actual NOI  $172K/yr. $2.4M. 7.19% actual cap. Upside potential when fully leased. Strip Center in Carol Stream, IL: 15,197 SF strip center built in 1997 along busy retail corridor in affluent Chicago metro with AHI of $119K/year. Adjacent major tenants include: Goodwill, Home Depot, AutoZone and Jewel Osco. 100% leased to a diverse mix of national and local tenants including, Great Clips, GNC and Athetico. Pro forma NOI $324K/yr. $4.055M. 8% pro forma cap.  Shopping Center in Arnold, MO: 42,091 SF attractive shopping center in St. Louis MSA. Adjacent to Target and Home Depot and close to I-55. 90% leased to XIST Fitness, La Pachanga, Smugala's Pizza and Dance Productions Unlimited. NOI $311K/yr. $4.017M. 7.75% cap. Upside potential. Shopping Center in Dacula, GA: 54,002 SF shopping center built in 2008 on over 5 ac lot in growing & well-off Atlanta metro (AHI of $103K/yr). 80% leased. NOI $273K/yr. $3.9M. 7% cap. Neighborhood Center in Gumming, GA: 62,410 SF shopping center constructed in 2009 on 7.63 ac lot in fast growing (487% pop growth since 2000) and affluent (AHI $122K/yr) Atlanta metro. 100% leased. NOI $616K/yr. $7.25M. 8.50% cap. Walgreens in Saint Louis, MO: 13,035 SF drug store at a signalized corner location. Tenant has been at this location since 1986. Recently extended NNN lease with 5 yrs left. NOI $153K/yr. $2.355M. 6.50% cap. Retail Center in Thornton, CO: 15,906 SF attractive retail center built in 2009 on 1.62 ac lot in high income Denver suburbs. 94% NNN leased to Edward Jones, Papa Murphy's, Comfort Dental, Muttz Pet Goods, Pho 9 Asian Grill, Foxy Nails and Studio X Salon. Pro forma NOI $317K/yr. $4.381M. 7.25% cap. Strip Center in Buford, GA: 15,885 SF well maintained strip center on 2 ac lot  in growing and high income (AHI $83K/yr) Atlanta suburbs. NNN leased. NOI $113K/yr. $1.45M. 7.80% cap. Shopping Center in Parkland, WA: 51,315 SF shopping center on 4.55 ac lot at a hard corner location in Tacoma suburbs. Anchored by QFC Grocery, a regional operator with 64 locations. With easy access to Hwy-512. 97% leased. Actual NOI $482K/yr. $6.7M. 7.20% 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.