Thursday, June 23, 2016

06-09: Dollar Tree, Wellgate Sports Club, Sammy's, Strip Centers, Shopping Centers


Daily Best Commercial Properties

  1. Dollar Tree in Sacramento, CA: 12,928 SF attractive retail building on 1.27 ac lot at a signalized hard corner location. Close to Arden Fail Mall, Kaiser Permanente and Hwy-80. 100% NN lease with 5 yrs left. NOI $172K/yr. $2.945M. 5.85% cap.
  2.  Strip Center in Santa Ana, CA: 4179 SF attractive strip center built in 1997 at a signalized intersection in upper middle-class (AHI $75K/yr) Los Angeles suburbs. 100% leased. NOI $84K/yr. $1.68M. 5% cap.
  3. Retail Center in Spartanburg, SC: 8800 SF retail center constructed in 2007 on over 1 ac lot. Shadow anchored by Food Lion grocery. Close to Spartanburg Medical Center. Tenants include: Ultra Tan, Cashwell Financial, M&M Tan, Venetian Nail Salon, Hair Masters and China 1 Restaurant. NOI $116K/yr. $1.45M. 8% cap.
  4. Wellgate Sports Club in Redding, CA: 23,000 SF single-tenant elite fitness center on 2.20 ac lot. 100% NNN lease to an experienced operator with 9 yrs left. NOI $203K/yr with annual rent increases. $2.75M. 7.40% cap.
  5. 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.
  6. Sammy's in Birmingham, AL: 6159 SF single tenant retail building on over 1 ac lot along busy corridor. Adjacent to major centers and with easy access to I-65. Tenant has been at this location for 27 yrs. 100% NNN lease with 4 yrs left. NOI $96K/yr. $1.175M. 8.24% 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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