05-05: Retail Centers, Shopping Centers

Daily Best Commercial Properties

Retail Center in Inglewood, CA: 9251 SF L-shaped retail center on .47 ac lot at a signalized intersection in densely populated (over 800,000 residents in a 5 mile radius) and middle-class Los Angeles area. 100% NNN leased to national, regional and local tenants. NOI $143K/yr. $2.868M. 5% cap.  Shopping Center in Lake Elsinore, CA: 116,801 SF consisting of six retail buildings completed in 1994 on over 18 ac lot in growing Riverside County. Anchored by 50,605 SF Vons grocery and 14,188 SF Goodwill.  Shadow anchored by Walmart. On an off/on ramp of I-15. 100% NNN leased with 84% leased to national and regional tenants. Actual NOI $1.627M/yr. $27.125M. 6% cap. Shopping Center in Petaluma, CA: 79,753 SF shopping center built in 2000 on over 7 ac lot anchored by G and G Market in high income area (AHI $99K/yr) North of San Francisco. Other major tenants include: Starbucks, Exchange Bank, Edward Jones, Great Clips and Subway. 96% leased. NOI $1.471M/yr. NOI/Cap N/A.

(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.