04-13: Auto Centers, Shopping Centers, Retail Centers, Strip Centers

Daily Best Commercial Properties

Shopping Center in Greenwood, IN: 24,590 SF attractive shopping center on 4.58 ac lot constructed in 1997 along main corridor in affluent Indianapolis suburbs with an AHI of $119K/yr in a 1 mile ring. Shadow anchored by highly rated on Yelp Hampton's Market, specializing in gourmet grocery items. All units face main road. 100% NNN leased to national & local tenants. NOI $237K/yr. $2.825M. 8.41% cap. Retail Center in Cincinnati, OH: 26,488 SF attractive retail center on nearly 3 ac lot at a hard corner location. Close to Hwy-126. Major tenants include: Dollar Tree, LaRosa's Pizzeria, Subway, Graeter's Ice Cream and J. Gumbo's. 100% NNN leased. NOI $286K/yr. $3.575M. 8% cap. Retail Center in Albuquerque, NM: 20,544 SF well maintained retail center on 1.76 ac lot in growing middle-class area. Recent improvements include: facade, stucco signage, seven HVAC units and updated gas lines. 100% leased. NOI $144K/yr. $1.8M. 8% cap. Strip Center in Riverdale, GA: 6500 SF strip center built in 2006 on .67 ac outparcel to Kroger grocery center in growing Atlanta metro. NOI $104K/yr. $1.1M. 9.50% cap. Neighborhood Center in Fort Wayne, IN: 84,560 SF mature shopping center along busy retail artery. Adjacent to several shopping center including Glenbrook Square Mall. 100% leased. Actual NOI $367K/yr. $3.995M. 9.21% cap. Auto Center in Richardson, TX: 35,193 SF well maintained multitenant auto center on 3.33 ac lot in Dallas suburbs. Visible and along Hwy-75. 100% leased to seven tenants. NOI $368K/yr. $5.267M. 7% cap. Community Center in Michigan City, IN: 151,970 SF newly re-developed neighborhood center on 14 acres of land along main corridor. Across from Marquette Mall. National tenants include: TJ Maxx, Ross Dress for Less, Petsmart, Ulta, Office Max, Dollar General & Shoe Carnival. 80% NNN leased. Actual NOI $1.331M/yr. $18.265M. 7.29% actual cap. Upside potential. Strip Center in Spring, TX: 10,910 SF newly constructed strip center on over 1 ac lot in fast growing and high income Houston suburbs. Shadow anchored by Walmart. 100% NNN leased to five tenants. NOI $315K/yr. $4.5M. 7% 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.