04-11: Five Guys, O'Reilly Auto Parts, Goodwill, VASA Fitness, MOB, Retail Centers

Daily Best Commercial Properties

Neighborhood Center in Atlanta, GA:190,167 SF shopping center on over 17 ac lot anchored by 85,537 SF Burlington Coat Factory. Along Bufford Highway and close to I-285. 100% leased. NOI $1.655M/yr. Price reduced from $20.275M to $18.425M. 9% cap. Buyer to assume $11.8M non-recourse loan at a very attractive 4.66% interest due in 2024. Five Guys in Middletown, CT: 2844 SF well maintained single tenant fast food restaurant on .47 ac lot in upper middle-class Hartford MSA. Close to Wesleyan University. 100% NNN lease with 5 yrs left. NOI $91K/yr. $1.315M. 7% cap. Five Guys in Enfield, CT: 2435 SF attractive Burger and Fries fast food restaurant built in 2010 on 1.41 ac lot in high income Springfield suburbs. Close to Costco, Enfield Square Mall and I-91. 100% NNN lease with 5 yrs left. NOI $113K/yr. $1.625M. 7% cap. O'Reilly Auto Parts in Redding, CA: 6000 SF single tenant auto parts center on .57 ac outparcel to 200,000 SF North Point Plaza with Raley's grocery and Shopko. 100% absolute NNN leased with 9 yrs left. NOI $113K/yr with CPI rent increases every 5 yrs. $2.275M. 5% cap. Goodwill in Plainfield, MI: 13,672 SF single-tenant retail building constructed in 2007 on 2.88 ac lot in stable Grand Rapids suburbs. This is a sale/leaseback investment. New 10 yrs absolute NNN lease. NOI $138K/yr with 5% rent bumps every 5 yrs. $1.973M. 7% cap. MOB in Lumberton, NJ: 14,467 SF Class-B multitenant medical office building in affluent (AHI $101K/yr in a 3 mile radius) Philadelphia MSA. Close to Virtua Memorial Hospital. 100% NNN leased to two medical tenants. NOI $256K/yr. $3M. 8.56% cap. Retail Center in Ogden, UT: 54,743 SF 2-tenant retail center built in 1990 on 3.21 ac corner lot in a fast growing middle-class area. Anchored by VASA Fitness a regional tenant with 21 locations and a newly executed 15 yrs NNN lease. 100% leased to VASA Fitness and American First Credit Union. NOI $548K/yr. $7.466M. 7.35% 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.