Friday, May 20, 2016

05-06: MOB, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Shopping Center in Woodbridge, IL: 51,099 SF well maintained shopping center on 6 ac lot along busy corridor. Across from Jewel-Osco grocery and near I-355. 92% leased with a strong mix of national and local tenants. NOI $545K/yr. $6.825M. 8% actual cap. Upside potential when fully leased.
  2. MOB in Glendale, AZ: 5879 SF well kept multitenant medical office building constructed in 2002 on nearly 1 ac lot in growing and high income (AHI $81K/yr in a 3 mile ring) Phoenix suburbs. Close to Abrazo Arrowhead Campus Hospital. 100% leased. $2.1M. NOI/Cap N/A.
  3. Retail Center in Grand Rapids, MI: 20,159 SF attractive retail center in growing and affluent area with an AHI of $121K/yr in a 1 mile radius. Major tenants include: AT&T, Qdoba, Subway, Sports Clips, among others. 100% NNN leased. NOI $362K/yr. $5.185M. 7% cap.
  4. MOB in Scottsdale, AZ: 10,000 SF Class-B medical office building on 1 ac corner lot in growing middle-class Phoenix suburbs. Near 337-bed HonorHealth Scottsdale Osborn Medical Center.  80% leased multiple tenants. Actual NOI $168K/yr. $2.25M. 7.50% actual cap. Upside potential.
(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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