04-04: Ambulatory Surgery Center, Family Dollar, Office Buildings, Retail Centers

Daily Best Commercial Properties

Ambulatory Surgery Center in Southgate, MI: 9,811 SF Class-B single-tenant medical office building on 1.20 ac corner lot. Tenant has been at this location since 1983. Newly executed NNN lease to Southgate Surgery Center with over 13 yrs left . NOI $285K/yr with 2% annual rent increases. $3.615M. 7.90% cap. Family Dollar in Mesa, AZ: 10,350 SF single tenant retail building remodeled in 2014 on .88 ac lot in growing Phoenix suburbs. 100% NNN corp lease with 9 yrs left. NOI $128K/yr. $1.908M. 6.75% cap. Retail Center in Stillwater, MN: 17,233 SF attractive retail center built in 1995 on 2.26 ac lot along busy artery in growing and high income (AHI $90K/yr) St Paul MSA. 60% leased. Actual NOI $76K/yr. $1.4M. 5.43% actual cap. Upside potential. Office Buildings in Norcross, GA: 12,566 SF Class-B multitenant office buildings in affluent Atlanta suburbs with an AHI of $103K/yr in a 3 mile ring. 100% NNN leased to multiple tenants. $1.6M. NOI N/A. Retail Center in Redondo Beach, CA: 16,665 SF L-shaped recently renovated retail center on .69 ac lot in densely populated (590,000 residents in a 5 mile radius) and high income (AHI $99K/yr) Los Angeles suburbs. NOI $355K/yr. $5.925M. 6% 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.