Wednesday, May 25, 2016

05-11: Advance Auto Parts, Retail Center, Strip Centers, Shopping Centers


Daily Best Commercial Properties

  1. Retail Center in Columbus, OH: 27,747 SF attractive retail center on over 2 ac lot at a signalized corner location. Anchored by 12,608 SF CVS Pharmacy. NOI $298K/yr. $3.851M. 7.75% cap.
  2. Advance Auto Parts in Columbus, OH: 7000 SF single-tenant retail building completed in 2007 on .78 ac lot along major corridor. 100% NNN lease with 7 yrs left. NOI $122K/yr. $1.75M. 7% cap.
  3. Retail Buildings in Sacramento, CA: 9000 SF consisting of two retail buildings on .75 ac outparcel to 99Cent Only and O'Reilly Auto Parts center. 100% NNN leased to Wienerschnitzel and Barbering & Cosmetology School. NOI $113K/yr. $2.11M. 5.37% cap.
  4. Strip Center in Des Moines, IA:12,000 SF attractive retail center on 1.48 ac outparcel to Home Depot, Office Max, Best Buy & PetSmart power center. Across from Walmart. 100% NNN leased to Jimmy John's, Aspen Dental & Verizon. NOI $246K/yr. $3.291M. 7.50% 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.

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