06-13: CVS Pharmacy, MOB, Retail Centers, Shopping Centers

Daily Best Commercial Properties

Retail Center in Cary, NC: 20,232 SF attractive shopping center built in 2004 on 4.48 ac outparcel to Walmart Neighborhood Market in Durham/Raleigh metro.  Strong demographics: 81% population growth and an AHI of $154K/yr in a 1 mile ring. 100% NNN leased. NOI $328K/yr. $4.665M. 7.05% cap. CVS Pharmacy in Fremont, CA: 16,224 SF drug store completed in 2000 on .37 ac lot in affluent Silicon Valley with an AHI of $153K/yr. 100% NNN corp lease. Tenant recently exercised 1st 5 yr option. NOI $337K/yr. $7.95M. 4.24% cap. Retail Center in New Port Richey, FL: 20,800 SF well maintained shopping center on over 2 ac lot in fast growing Tampa suburbs. Along busy corridor. 82% NNN leased. Actual NOI $172K/yr. $1.97M. 8.73% actual cap. Upside potential. Strip Center in Elk Grove Village, IL: 7000 SF well maintained strip center in upper middle-class area. Close to I-290. 100% NNN leased to five tenants. NOI $109K/yr. $1.295M. 8.60% cap. MOB in Fairbanks, AK: 45,747 SF consisting of two well kept medical office buildings on over 6 ac lot in growing middle-class area. Major tenants include: Fresenius Medical Care, Dignity Health, Fairbank's U.S. Healthworks Urgent Care Facility. Close to 159-bed Fairbanks Memorial Hospital. 91% leased. NOI $593K/yr. $7M. 8.48% cap. Retail Center in Country Club Hills, IL: 11,924 SF attractive retail center built in 2003 on 1.66 ac lot at a signalized intersection in upper middle-class Chicago area. Shadow anchored by 203,000 SF Walmart Supercenter. Major tenants include: AT&T, Sprint and Game Stop. 90% NNN leased. NOI $213K/yr. $2.7M. 7.90% cap. Retail Center in Montebello, CA: 26,303 SF attractive retail center on 1.53 ac lot at a hard corner location in Los Angeles area. 87% NNN leased with long-term tenants. Actual NOI $367K/yr. $6M. 6.13% actual cap. Upside potential.  Retail Center in Georgetown, KY: 17,916 SF retail center on 1.83 ac lot in fast growing (794% pop growth) and upper middle-class (AHI $80K/yr) Lexington MSA. Shadow anchored by Walmart Supercenter and with easy access to I-75. 100% NNN leased with good tenant mix.  NOI $264K/yr. $3.3M. 8% 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.