Thursday, June 9, 2016

05-26: Octapharma Plasma, Retail Centers, Office Buildings, Professional Buildings



Daily Best Commercial Properties

  1. Retail Center in Columbus, OH: 12,240 SF newly constructed retail center on 2.71 ac outparcel to Kroger grocery. Good demographics: 81% pop growth and AHI of $98K/yr in a 1 mile radius. 100% leased to mostly credit tenants. NOI $338K/yr. $4.835M. 7% cap.
  2. Retail Center in Blauvelt, NY: 18,600 SF L-shaped well maintained retail center on 2.60 ac lot along busy corridor in affluent (AHI $147K/yr) New York metro. 72% leased with good tenant mix including: Dunking Donuts, Subway and other fine retailers and restaurants. NOI $312K/yr. $3.9M. 8% cap.
  3. Neighborhood Center in Houston, TX: 175,136 SF shopping center on over 15 ac of land visible and along US Hwy-59 with over 84,000 VPD. Anchored by FAMSA & Fallas Parades with over 350 locations. Other tenants include Walgreens, Luby's and Dairy Queen pad sites. 96% NNN leased to national and regional tenants. NOI $1.396M/yr. $19.945M. 7% actual cap. Upside potential.
  4. MOB in Dallas, TX: 14,000 SF Class-B single-tenant medical office building on over 1 ac lot. Visible and next to I-35E. Long NNN lease to Octapharma Plasma, with 45 locations across the US. NOI $186K/yr. $3M. 6.21% cap.
  5. Retail Center in El Paso, TX: 18,260 SF attractive retail center on 1 ac lot. Adjacent to Walmart Supercenter. 100% NNN leased. NOI $248K/yr. $2.925M. 8.50% cap.
  6. Office Building in San Antonio, TX: 36,576 SF Class-A three-story office building on 2.50 ac lot. Close to Methodist Specialty and Transplant Hospital and St Luke's Baptist Hospital. Leased to multiple tenants. 7.50% cap. NOI N/A.
  7. Shopping Center in Alpharetta, GA: 47,145 SF attractive shopping center in fast growing (168% pop growth since 2000) and affluent (AHI $116K/yr in a 3 mile ring) Atlanta MSA. With easy access to Hwy-19. NOI $540K/yr. $7.95M. 6.80% cap.
  8. Professional Building in Henderson, NV: 28,320 SF Class-B multitenant building on 2.25 ac lot in upper middle-class Las Vegas suburbs. Close to 119-bed St. Rose Dominican Hospital. 93% NNN leased to professional and medical tenants including; Henderson Physical Therapy and Lake Mead Pediatrics. Actual NOI $320K/yr. $4.25M. 7.53% 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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