05-16: Walgreens, Shopping Centers, Retail Centers, Strip Centers

Daily Best Commercial Properties

Shopping Center in Oak Park, IL: 36,170 SF shopping center on 1.88 ac lot in affluent (AHI $93K/yr in 1 mile) Chicago suburbs. Close to Shriners Hospital for Children and Brickyard Mall. 87% NNN leased.  NOI $479K/yr. $6M. 8% cap. Shopping Center in Plainfield, IL: 55,073 SF attractive shopping center on 6.62 ac lot along busy retail corridor in affluent neighborhood. Adjacent to Walmart Supercenter. 93% leased with good tenant mix. Actual NOI $656K/yr. $8.12M. 8.09% actual cap. Upside potential when fully leased. Strip Center in Burnsville, MN: 8852 SF strip center in upper middle-class (AHI $84K/yr in a 3-mile ring) Minneapolis suburbs. Along busy corridor and close to I-35W. 100% leased with good tenant mix. $1.575M. NOI/Cap N/A.  Shopping Center in Durham, NC: 36,758 SF well maintained shopping center on 4.42 ac lot in a growing and upper middle-class area. Across from Walgreens and Big Lots center. Along Hwy-55. 100% leased to 11 tenants. NOI $443K/yr. $4.895M. 9.06% cap Retail Center in Peachtree City, GA: 18,472 SF retail center built in 2000 on over 2 ac lot in growing and affluent Atlanta metro with an AHI of $111K/yr in a 1 mile ring. Major tenants include: Waffle House, Goodwill and Dominos. All units face Hwy-54. 90% NNN leased. NOI $321K/yr. $4.25M. 7.57% cap. Shopping Center in Indio, CA: 30,619 SF well kept shopping center at a hard corner location in growing Riverside county. 4-points of ingress/egress along Hwy-111. Shadow anchored by established Stater Bros grocery. 88% leased to national and regional tenants. Actual NOI $645K/yr. $10.765M. 6% cap. Shopping Center in Strongsville, OH: 40,545 SF shopping center on 4+ ac lot at a signalized corner location in high income (AHI $100K/yr) Cleveland suburbs. Anchored by Rego's Neighborhood Market. 88% NNN leased. Actual NOI $357K/yr. $4.07M. 8.78% cap. Upside potential when fully leased. Retail Center in Millbrook, AL: 32,540 SF attractive retail center on 4.50 ac outparcel to Walmart Supercenter in Montgomery metro. Major tenants include: Dollar Tree, AT&T and Young American Insurance. 86% leased. NOI $369K/yr. $4.612M. 8% cap.  Walgreens in Plantation, FL: 13,905 SF drug store completed in 2000 on nearly 2 ac lot at a signalized intersection in Miami suburbs. 100% NNN leased with 3 yrs left. NOI $316K/yr. $4.427M. 7.15% cap. Shopping Center in Venice, FL: 33,263 SF shopping center on 2.7 ac lot in a growing middle-class Tampa suburbs. Along US Hwy-41. 97% leased. Actual NOI $330K/yr. $4.4M. 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.