03-30: The Learning Experience, Office Building, Retail Center, Shopping Centers

Daily Best Commercial Properties

Retail Center in Clovis, CA: 32,603 SF attractive retail center on over 3 ac lot along major retail corridor in growing Fresno suburbs. Across from Walmart Supercenter and close to Hwy-4. 95% NNN leased. Actual NOI $405K/yr. $5.795M. 7% cap. Retail Center in Bohemia, NY: 18,800 SF eight units retail center in high income New York suburbs with an AHI of $120K/yr in a 3 mile radius. Visible and with excellent access to Hwy-27. NOI $626K/yr. $3.6M. 7.30% cap. Neighborhood Center in Chandler, AZ: 117,391 SF shopping center on 14.43 ac lot anchored by Bashas' grocery store, a regional tenant with more than 130 stores in Phoenix suburbs. 94% leased. 7% cap. NOI N/A. The Learning Experience in Aurora, IL: 10,000 SF newly constructed day care center on 1.36 ac lot in a fast growing and high income area. New 15 yrs NNN lease with corp guaranteed lease for the first 5 yrs. NOI $240K/yr with 8% rent increases every 5 yrs. $3.1M. 7.75% cap. Strip Center in Elk Grove Village, IL: 7000 SF well maintained strip center in upper middle-class Chicago suburbs. Close to Alexian Brothers Medical Center. 100% NNN leased to mostly stable long-term tenants. NOI $109K/yr. Price reduced from $1.375M to $1.295M. 8.50% cap. Retail Center in Houston, TX: 22,956 SF L-shaped well maintained retail center on 1.72 ac lot in growing and upper middle-class area. 100% leased to twelve tenants. NOI $233K/yr. $3.1M. 7.50% cap. Retail Center in Plano, TX: 22,900 SF retail center completed in 1999 on over 3 ac lot in growing and affluent Dallas metro with an AHI of $156K/yr in a 1 mile radius. NOI $323K/yr. $3.999M. 8.10% cap. Office Building in Campbell, CA: 6000 SF Class-B multitenant office building on .34 ac corner lot along major artery in high income (AHI $120K/yr) Silicon Valley. Close to The Pruneyard  and Hwy-17. 100% leased. NOI $98K/yr. $2.195M. 4.48% cap. Shopping Center in Memphis, TN: 32,000 SF shopping center built in 2008. On an off/on ramp of Hwy-385. 100% leased with good tenant mix including Krispy Kreme and Family Dollar. NOI $552K/yr. $6.5M. 8.50% cap. Retail Center in Westmont, IL: 26,424 SF well maintained retail center in a growing and high income neighborhood with an AHI of $112K/yr in a 3 mile ring. Major tenants include: West Suburban Bank, Benjamin Moore, Allstate Insurance and Subway. 93% leased. Actual NOI $292K/yr. $3.47M. 8.45% actual cap. Upside potential.

(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.