Tuesday, April 19, 2016

04-05: VA Hospital, DaVita, MOB, Office Building, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. VA Clinic in Oklahoma City, OK: 11,282 SF Class-B single-tenant office building on over 1 ac lot in a fast growing area. Across from Northpark Mall. Tenant has been at this property since 2004. Newly executed 10 yrs NNN lease to U.S. Department of Veterans Affairs. NOI $205K/yr. $2.834M. 7.25% cap.
  2. DaVita in Dinuba, CA: 9000 SF single tenant kidney dialysis center completed in 2013 on over 1 ac lot in growing middle-class Tulare County. 100% NNN corp lease with over 12 yrs left. NOI $211K/yr with 10% rent increases every 5 yrs. $3.838M. 5.50% cap.
  3. Shopping Center in Pontiac, MI: 95,140 SF shopping center at a hard corner location anchored by Rite Aid. 95% leased to national, regional and local tenants. NOI $910K/yr. $9.5M. 9.58% cap.
  4. Office Building in Peoria, AZ: 26,970 SF Class-A office building constructed in 2007 in Phoenix suburbs. Part of Plaza Town Center, a retail, medical and office complex on over 10 acres of land. Close to Kindred Hospital. 82% leased to multiple medical tenants. Actual NOI $284K/yr. $4M. 7.10% actual cap. Upside potential.
  5. Shopping Center in Hemet, CA: 54,747 SF shopping center at a hard corner location in growing middle-class Riverside County. Anchored by  CVS Pharmacy and Dollar Tree. Shadow anchored by Starter Bros Supermarket. 90% NNN leased. NOI $558K/yr. $9.32M. 6% cap. Upside potential when fully leased.
  6. Shopping Center in Clovis, NM: 50,763 SF attractive shopping center renovated in 2003  on 3.69 ac lot in a growing middle-class area. Anchored by 29,904 SF Big Lots. 95% NNN leased. NOI $326K/yr. $4M. 8.17% cap.
  7. Office Building in Bakersfield, CA: 26,759 SF Class-B multitenant office building. Adjacent to San Joaquin Community Hospital. 96% leased to professional and medical tenants. NOI $238K/yr. $3.3M. 7.24% cap.
  8. Office Building in Kissimmee, FL: 11,383 SF Class-B office building on 1.35 ac lot along major corridor in Orlando suburbs. Adjacent to 83-bed Florida Hospital Kissimmee. Anchored by Harbor Community Bank. 100% NNN leased. NOI $225K/yr. $2.65M. 8.50% cap.
  9. Shopping Center in Surprise, AZ: 20,225 SF attractive shopping center on nearly 3 ac lot shadow anchored by Albertson's Grocery in booming Phoenix suburbs with 300% population growth since 2000. With easy access to Hwy-303. Across from new WinCo Foods and Safeway. 93% leased. Actual NOI $322K/yr. $4.25M. 7.59% actual cap. Upside potential.
  10. MOB in Harbor City, CA: 35,675 SF well maintained multitenant medical office building on 1.60 ac corner lot in Los Angeles suburbs. Major tenants: Harbor UCLA Medical Center Clinic and MRI Center. 96% leased. Actual NOI $428K/yr. $8.5M. 5.04% actual 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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