Wednesday, May 11, 2016

04-27: Madera Surgery Center, DaVita, Golden Corral, Shopping Centers, MOB, Retail Centers



Daily Best Commercial Properties

  1. MOB in Atlanta, GA: 16,500 SF Class-B single-tenant medical  office building on 1.40 ac lot. With easy access to I-285.100% NNN leased to Progressive Medical Center, a stable practice with 3 locations. NOI $420K/yr. $6M. 7% cap.
  2. Madera Surgery Center in Madera, CA: 3267 SF Class-B single-tenant medical office building on .34 ac lot in growing middle-class San Joaquin Valley. Close to Hospital. 100% NNN lease. NOI $167K/yr. $2.2M. 7.60% cap.
  3. Retail Center in Hamilton, NJ: 23,500 SF well kept retail center on nearly 2 ac lot in Philadelphia suburbs. Tenants include: Repair Store, Furniture Store, Family Dollar and Insurance Agency. Close to I-295. 100% NNN leased. NOI $99K/yr. $1.195M. 8.30% cap.
  4. Retail Building in Alpharetta, GA: 10,000 SF two tenant retail building constructed in 1997 on 1.22 ac lot in high income (AHI $95K/yr in a 3 mile ring) Atlanta suburbs. 100% NNN leased to FedEx and Fitness Depot. NOI $183K/yr. $2.293M. 8% cap.
  5. Strip Center in San Mateo, CA: 7990 SF strip center in a highly desirable area and affluent Silicon Valley with an AHI of $132K/yr in a 1 mile radius. Close to Hillsdale Shopping Mall with Macy's, Nordstrom and Sears. 100% leased to three long-term tenants. NOI $165K/yr. $3M. 5.50% cap.
  6. Neighborhood Center in Aurora, CO: 105,944 SF well maintained shopping center on over 6 ac lot along major retail artery in Denver suburbs. 98% leased to sixteen tenants. Actual NOI $709K/yr. $8.985M. 7.90% actual cap. Upside potential upon leasing 2515 SF vacancy.
  7. DaVita in Walnut Creek, CA:  9,436 SF Class-B DaVita Dialysis Center and 3,879 SF DaVita At Home service center on .40 ac lot in high income (AHI $126K/yr) Contra Costa County. East of San Francisco Bay Area. New 10 yrs NNN lease. NOI $469K/yr with a 12.5% rent increase in yr 5. $8.7M. 5.40% cap. Upside potential upon leasing 2,623 SF vacancy.
  8. Golden Corral in Omaha, NE: 11,805 SF franchised buffet restaurant on 2.20 ac lot at a hard corner location, Adjacent to Regal Cinemas Omaha 16 and Power Center with Target, Big Lots, Marshalls and Sally Beauty Supply. New 15 yrs lease. NOI $220K/yr. $2.95M. 7.47% cap.
  9. MOB in Mansfield, TX: 5852 SF Class-A multitenant medical office building completed in 2007 on .51 ac lot in high income Ft Worth/Dallas metro with an AHI of $101K/yr. 100% NN leased. NOI $128K/yr. $1.769M. 7.25% cap.
  10. Neighborhood Center in Duluth, GA: 99,025 SF shopping center built in 1994 in fast growing Atlanta MSA. Shadow anchored by Assi Plaza Supermarket, a specialty grocer providing high-quality, fresh, authentic Asian products.  Major tenants include: Dollar Tree, YouFit Health Clubs, Atlanta Nail Supply, Fun Forest and YY Super Hibachi. 92% leased. NOI $880K/yr. $11,15M. 7.90% 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.



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