03-25: Quaker Steak & Lube, Planet Fitness, MOB, Retail Center, Shopping Centers

Daily Best Commercial Properties

Shopping Center in Mesa, AZ: 25,149 SF well maintained shopping center on 2.67 ac lot along major retail corridor. Across the street from Mesa Community College with over 40,000 students. Close to Fiesta Mall and Banner Desert Medical Center. 100% NNN leased with good tenant mix including: Concentra Health Urgent Care, Cheba Hut, Geno's Pizza, Smoke Shop, Tatoo and Hawaiian BBQ among others. NOI $365K/yr. $4.525M. 8.06% cap. Quaker Steak & Lube in Janesville, WI: 7900 SF casual dining restaurant built in 2004 on 1.64 ac lot. Adjacent to Holiday Inn Express. Along Hwy-14 and on an off/on ramp of I-39/90.  New 15 yrs NNN lease to a successful operator. NOI $199K/yr with 1% annual rent increases. $2.85M. 7% cap. Office Building in Fullerton, CA: 6368 SF Class-B office building on .36 ac lot in growing and high income (AHI $85K/yr) Los Angeles suburbs. 100% NNN leased to six professional tenants. NOI $66K/yr. $1.2M. 5.50% cap. Planet Fitness in Albuquerque, NM: 16,464 SF fitness center completed in 2008 on over 2 ac corner lot in a high income area with an AHI of $82K/yr in a 1 mile ring. 10 yrs absolute NNN lease with over 9 yrs left. NOI $181K/yr with a 13% rent increase in yr 5. $2.786M. 6.50% cap. Retail Center in Brownsville, TX: 35,792 SF attractive retail center built in 2002 on nearly 3 ac lot in a growing middle-class area. Between Sunrise Commons with Kmart, Marshalls, Old Navy and Ross Dress for Less & I-69E. Adjacent to Sunrise Mall.  100% leased to fourteen tenants. NOI $571K/yr. $7.374M. 7.75% cap. MOB in Lakeland, FL: 10,400 SF Class-B multitenant medical office building on over 1 ac lot along major artery. Near Lakeland Regional Medical Center. 80% leased. $2M. NOI N/A. Retail Building in West New York, NJ: 6000 SF single-tenant retail building at a hard corner location. In densely populated (over 1,900,000 residents in a 5 mile ring) and high income (AHI $117K/yr in a 3 mile ring) area. 100% NNN lease with 2 yrs left to GameStop. NOI $141K/yr. $2M. 7.05% 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.