Attached please find updated article regarding commercial real
estate loan.
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Daily Best Commercial Properties
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- Shopping
Center in San Antonio, TX: 165,993 SF well maintained shopping center on nearly
11 ac corner lot. Adjacent to 320,000 SF La Plaza Del Norte with Toys
'R' Us, Ross Dress for Less, and Best Buy. Across from 1.2M SF North
Star Mall and visible from I-410. 100% leased with strong anchors: Jo-Ann
Fabric & Crafts, Conn's, Sam Ash and K&G Fashion Superstore. NOI
$1.924M/yr. $26.32M. 7.31% cap.
- Retail
Center in McAllen, TX: 40,004 SF shopping center built in 1995 on 4 ac lot
in a fast growing area. Visible & with easy access to I-2. Across
from Costco. 88% leased Actual NOI $867K/yr. $11.56M. 7.50% actual cap.
Upside potential.
- Retail
Center in Orlando, FL: 14,000 SF attractive retail center constructed in
2006 on 1.81 ac lot. Close to Waterford Lakes Town Center,
with over 100 stores. 100% leased to nine long-term tenants. NOI
$260K/yr. $3.5M. 7.44% cap.
- MOB in
Fresno, CA: 28,449
SF Class-B multitenant medical office building completed in 1991 on .91
ac corner lot. Close to Kaiser
Permanente and across from Costco. On an off/on ramp of Hwy-41. 100%
NNN leased. NOI $481k/yr. $8.022M. 6% cap.
- Shopping
Center in Las Vegas, NV: 83,930 SF attractive shopping center built in 2009 on
7.59 ac lot at a signalized corner location and along major retail
corridor. Major tenant include: AT&T, Nevada State Bank, Quest
Diagnostics, Sketchers, Fresenius, US Army, Ommilife USA, Cici's,
Capriotti's Sandwiches among others. 80% NNN leased. Actual NOI
$1.333M/yr. $18.863M. 7.07% actual cap. Upside potential.
- Meineke
in Lawrenceville, GA: 4358 SF auto repair center built in 1996 on .87 ac
lot along major retail artery in growing and high income Atlanta
suburbs. 10 yrs NNN- lease with over 8 yrs left. NOI $94K/yr with annual
CPI rent bumps. $1.346M. 7% cap.
- MIDAS in
Sacramento, CA: 6700
SF 4-bay auto service center at a corner location and along busy retail
corridor. Close to Arden Fair Mall and I-80. 20 yrs absolute NNN lease
with over 18 yrs left. NOI $96K/yr with rent increases. $1.6M. 6%
cap.
- Austin
Regional Clinic in Round Rock, TX: 23,894 SF built-to-suit medical office building in
fast growing Austin suburbs. 10 yrs NNN- lease to a regional operator
with 21 locations. NOI $573K/yr with a rent increase in 2021. $8.495M.
6.75% cap.
- Shopping
Center in Hooksett, NH: 48,101 SF attractive shopping center built in 2006 on
over 21 acres of land in high income Manchester suburbs with an AHI of
$95K/yr in a 3 mile ring. Major tenants: 19,950 SF Goodwill, Advance
Auto Parts, Supercuts, and Verizon. 100% leased. NOI $794K/yr. $10.26M.
7.75% cap.
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(c) Transmercial 2016
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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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