04-21: Fresenius, Auto Center, Shopping Centers, MOB, Retail Buildings

Daily Best Commercial Properties

Retail Center in Waldorf, MD: 45,395 SF shopping center built in 2002 on 5.86 ac lot anchored by Food Lion grocery in high income (AHI $103K/yr) Washington MSA. Close to 981,000 SF St Charles Towne Center. 100% NNN leased. NOI $582K/yr. $7.667M. 7.60% cap. MOB in Port Charlotte, FL: 17,110 SF Class-A single tenant medical office building completed in 2000 along major retail corridor. Close to 238-bed Fawcett Memorial Hospital. 100% NNN leased with 12 yrs left to a strong operator with 21 locations. NOI $332K/yr. $4.75M. 7% cap. Medical & Professional Building in Salon, OH: 13,131 SF multitenant medical/professional building renovated in 2010 on 1.29 ac lot in high income Cleveland MSA with an AHI of $117K/yr in a 3 mile radius. 100% NNN leased to four tenants. $2.6M. 8.22% cap. Retail Buildings in West Melbourne, FL: 18,650 SF consisting of two attractive retail buildings constructed in 2000 on 1.57 ac lot. Shadow anchored by Walmart Supercenter and close to I-95. 73% leased. Actual NOI $157K/yr. $2.25M. 7% actual cap. Upside potential when fully leased.  Retail Center in O'Fallon, MO: 14,000 SF retail center built in 2005 on nearly 2 ac lot at a signalized intersection in growing and high income (AHI $89K/yr in a 3 mile ring) St. Louis metro.  Adjacent and with easy access to I-70. 100% leased. 7.50% cap. NOI/Price N/A. Shopping Center in Salem, OR: 136,256 SF well maintained shopping center on over 10 ac lot anchored by Ross Dress for Less, Big 5 and Marion County Health. Across from Kaiser Permanente.  80% NNN leased. Actual NOI $1.378M/yr. $18.38M. 7.50% actual cap. Upside potential. Fresenius in Venice, FL: 6324 SF Class-B single tenant dialysis center built in 2002 on 1 ac lot in a fast growing area. 100% NNN lease with 7 yrs left. NOI $169K/yr. $2.256M. 7.50% cap. Shopping Center in Mobile, AL: 42,600 SF well kept shopping center built in 2004 along busy corridor. Across from Winn-Dixie grocer. Major tenants include Office Depot and Dollar Tree.  96% leased. NOI $528K/yr. $6.61M. 8% cap. Auto Center in Elk Grove, CA: 3375 SF well maintained auto center constructed in 2003 outparcel to CVS and Big Lots center in growing and high income (AHI $82K/yr) Sacramento suburbs. With easy access to Hwy-99. 100% NNN leased to Speedee Oil Change/Midas. $2.225M. 6.50% 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.