Wednesday, April 6, 2016

03-23: Childtime Day Care, Fast Auto Loans, Stardust Building Supplies, Retail Centers


Daily Best Commercial Properties

  1. Shopping Center in Hesperia, CA: 107,223 SF well maintained shopping center on over 8 ac lot anchored by 38,140 SF Vallarta Supermarket (a regional operator with 47 stores) and Family Dollar in Southern California. 77% NNN leased with excellent tenant mix. Actual NOI $735K/yr. $13.365M. 5.50% actual cap. Upside potential.
  2. Retail Center in Columbus, OH: 21,290 SF retail center on 2.78 ac lot in a growing area. With excellent ingress/egress. Close to Home Depot, Molina Healthcare Of Ohio Hospital and with easy access to I-270. NOI $209K/yr. $2.33M. 9% cap.
  3. Retail Center in Mesa, AZ: 11,257 SF attractive retail center on 1.76 ac lot at a hard corner location in growing Phoenix suburbs. NOI $182K/yr. $2.6M. 7% cap.
  4. Retail Building in Sacramento, CA: 18,510 SF retail building redeveloped in 2014 on 1.29 ac lot along major retail corridor. Adjacent to Walmart Neighborhood Center and across from Trader Joe's, T.J.Maxx and Ross Dress for Less. 83% leased. Actual NOI $391K/yr. $6.5M. 6.03% actual cap. Upside potential when fully leased.
  5. Childtime in Lathrup Village, MI: 6000 SF attractive day care facility at a signalized intersection in high income area with an AHI of $96K/yr in a 1 mile ring. 100% NNN corp lease with over 6 yrs left. NOI $85K/yr with CPI rent increases every 5 yrs. $1.1M. 7.75% cap.
  6. Retail Center in San Bernardino, CA: 8403 SF L-shaped retail center on .53 ac lot at a signalized corner location.  Across from Cardenas Market grocery center. 72% NNN leased with only two vacancies. Pro forma NOI $113K/yr. $1.75M. 6.50% pro forma cap.
  7. Retail Center in Phoenix, AZ: 39,505 SF retail buildings on 4+ ac lot along main corridor. Credit tenants include: Frazee Paints, Subway and Nationwide Insurance. Close to Costco and Hwy-101. 80% leased to 17 tenants. NOI $315K/yr. $4.6M. 6.87% cap.  
  8. Fast Auto Loans in Escondido, CA: 4985 SF single-tenant well maintained retail building on .63 ac lot in growing middle-class San Diego County. 100% NNN lease with 2 yrs left to Fast Auto Loans. NOI $60K/yr. $985K. 6.10% cap.
  9. Stardust Building Supplies in Glendale, AZ: 27,780 SF single-tenant retail building along major retail corridor in Phoenix suburbs. Near shopping center with Walmart Supercenter and Lowe's. 100% NNN lease to Stardust Building Supplies, a home improvement thrift store with three locations. NOI $138K/yr. $1.792M. 7.75% 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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