05-24: In-Shape Fitness Center, dd's DISCOUNTS, Walgreens, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Retail Center in Temecula, CA:18,104 SF well maintained retail center on 1.33 ac lot in growing upper middle-class (AHI $82K/yr in a 3 mile ring) Riverside County. 100% leased with excellent tenant mix. Actual NOI $286K/yr. Price reduced from $4.627M to $4.413M. 6.50% actual cap. In-Shape in Turlock, CA: 21,700 SF recently remodeled fitness center on 2.62 ac lot in a fast growing middle-class area. Tenant has been at this location since 2001. Early NNN corp lease extension with 5 yrs left. NOI $216K/yr. $3.2M. 6.76% cap. dd's DISCOUNTS in Ontario, CA: 21,964 SF well maintained retail building in densely populated Los Angeles suburbs with over 400,000 residents in a 5 mile radius. Part of a shopping center with Stater Bros Markets. 100% NNN- corp lease to a dd's Discounts, a subsidiary of Ross Dress For Less. NOI $274K/yr. $5.499M. 5% cap. Retail Center in Overland Park, KS: 22,800 SF well kept retail center on 3.55 ac lot in Kansas City suburbs. With frontage along I-35. Close to 504-bed Shawnee Mission Medical Center and with easy access to I-35. 100% leased to nine tenants with low average rent of less than $11/SF. NOI $232K/yr. $2.9M. 8% cap. Shopping Center in Stone Mountain, GA: 51,328 SF shopping center on over 5 ac lot at a hard corner location in Atlanta suburbs. Major tenant include: Dollar General, C&C Beauty, Rent-A-Center, Waffle House, Little Caesars and Subway. NOI $493K/yr. $6.3M. 7.84% cap. Retail Center in Elk Grove Village, IL: 7000 SF well maintained strip center in upper middle-class area. Close to 387-bed Alexian Brothers Medical Center. 100% NNN leased with long-term tenants. NOI $111K/yr. $1.295M. 8.60% cap. Walgreens in Indianapolis, IN: 15,120 SF well maintained drug store constructed in 2001 at a signalized corner location. 100% NNN lease with 4 yrs left. NOI $285K/yr. $3.35M. 8.51% 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.