Friday, June 24, 2016

06-10: Family Dollar, MOB, Retail Buildings, Strip Centers


Daily Best Commercial Properties

  1. Retail Building in Eugene, OR: 15,986 SF attractive retail center at a hard corner location in a growing middle-class area. Shadow anchored by Fred Meyer grocery and adjacent to Home Depot and Lowe's. 72% NNN leased to Togo's, Sushi Island and CD World. NOI $214K/yr. $2.675M. 8% cap.
  2. Strip Center in Yuba City, CA: 8400 SF eye-catching strip center on over 1 ac corner lot in Sacramento MSA. 100% leased with good tenant mix including Subway and Little Caesars. NOI $98K/yr. $1.782M. 5.50% cap.
  3. Family Dollar in Los Angeles, CA: 8250 SF single-tenant retail building on .45 ac lot at a highly visible corer location in densely populated Los Angeles area with over 700,000 residents in a 5 mile ring. Close to Citadel Outlets and I-5. 100% NNN lease with 7 yrs left. NOI $150K/yr. $2.73M. 5.50% cap.
  4. Retail Building in Orland Park, IL:14,923 SF retail building renovated in 2007 on 1.53 ac lot at a signalized intersection in high income area with an AHI of $94K/yr. 100% NNN leased to Physicians Immediate Care, and Heavenly Massage. NOI $352K/yr. $4.7M. 7.50% cap.
  5. MOB in Sacramento, CA: 31,897 SF Class-B medical office building on 1.59 ac corer lot. Across from Kaiser Permanente and with easy access to Hwy-99. Tenants include: Kaiser Foundation Hospitals, Allstate and Child and Family Institute. Pro forma NOI $330K/yr. $5.2M. 6.35% pro forma 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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