Friday, May 27, 2016

05-13: Retail Buildings, Shopping Centers, Strip Centers


Daily Best Commercial Properties

  1. Retail Buildings in Plantation, FL: 13,905 SF Walgreens, 3743 SF Burger King and 3840 SF three-units retail building on over 4 ac lot at a signalized corner location in Miami suburbs. NOI $412K/yr. $5.69M. 7.25% cap.
  2. Retail Building in Gainesville, FL: 10,186 SF well maintained retail center in fast growing middle-class area. Across from The Oaks Mall. Close to North Florida Regional Medical Center and with easy access to I-75. 100% NNN leased. NOI $139K/yr. $1.695M. 8.25% cap.
  3. Retail Building in Spokane, WA: 12,168 SF attractive retail building on 1.21 ac outparcel to Walmart Supercenter. Across from major center with Target, T.J. Maxx, Safeway and Sports Authority. 100% leased. NOI $176K/yr. $2.6M. 6.80% cap.
  4. Shopping Center in McKinney, TX: 18,960 SF shopping center built in 1998 on 2.42 ac lot in growing and high income Dallas suburbs with an AHI of $120K/yr in 1 mile radius.  100% leased.  6.75% cap. 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.

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