04-14: Walgreens, Office Buildings, Retail Centers, DaVita Dialysis Center

Daily Best Commercial Properties

Neighborhood Center in Moreno Valley, CA: 161,793 SF shopping center renovated in 2006 on over 11.8 ac lot at a hard corner location in Southern California. Anchored by 31,200 SF 99 Cents Only,  52,400 SF El Super Hispanic grocery market, and 7705 SF Aarons Rent to Own. 94% NNN leased. NOI $1.77M/yr. $27.2M. 6.5% actual cap. Upside potential. Walgreens in Mobile, AL: 15,120 SF drive-thru Walgreens built in 2001 on 1.57 ac lot at a signalized intersection. 20 yrs NNN corp lease with 5 yrs left. NOI $442K/yr. $6.096M. 7.25% cap. Office Building in Concord, CA: 27,339 SF Class-B multitenant office building on over 1 ac lot in growing upper middle-class Contra Costa County. Across from 245-bed John Muir Medical Center. 72% leased to medical and professional tenants. Actual NOI $400K/yr. $7.5M. 5.34% actual cap. Upside potential when fully leased. Shopping Center in Redding, CA: 92,765 SF shopping center consisting of two buildings on nearly 8 ac corner lot. Major tenants include: Orchard Supply Hardware and free-standing Country Waffles restaurant. NOI $278K/yr. $5.25M. 5.30% cap. Retail Center in Burnsville, MN: 18,629 SF well maintained retail center on 1.43 ac lot in upper middle-class Minneapolis suburbs with an AHI of $86K/yr in a 3 mile ring. Major tenants include: Eagan Child & Family Clinic, Andrew's Grill & Tavern, Christy's African Market and Cathy's African Braiding. 100% leased. NOI $153K/yr. $1.7M. 9% cap. Retail Center in Indianapolis, IN: 32,115 SF retail center built in 2000 on 2.24 ac lot along busy retail corridor & in a high income area. 47% leased. Actual NOI $170K/yr. $2.5M. 6.80% actual cap. Huge Potential! Golden Corral in Indianapolis, IN: 10,900 SF buffet restaurant built in 2004 on over 3 ac lot a busy retail artery.  With easy access to I-465. 20-yrs absolute NNN corp lease with 10 yrs left. NOI $140K/yr with 5% rent bumps in yr 11 & 16. $2.082M. 6.75% cap. Mixed-use in East Hartford, CT: 42,909 SF consisting of three attractive retail & medical buildings on 5.32 ac lot. Tenants include: Walgreens, Saint Francis Hospital and Medical Center and Farmington Bank. 93% NNN leased. NOI $831K/yr. $12.5M. 6.65% cap. DaVita in Middleburg, FL: 8584 SF Class-A single tenant dialysis center on .76 ac lot in Jacksonville metro. Close to St. Vincent's Medical Center and Walmart Supercenter. 100% NNN- lease. NOI $118K/yr with 3% annual rent bumps. $2.059M. 5.75% cap. Medical Office Building in San Jose, CA: 43,000 SF Class-A multitenant medical office building along major artery in high income Silicon Valley with an AHI of $116K/yr in a 3 mile ring. 97% leased to medical and professional tenants. NOI $725K/yr. $14.5M. 5% 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.