Monday, July 25, 2016

07-11: Rite Aid, CVS Pharmacy, Goodwill, Imaging center, Retail Centers,


Daily Best Commercial Properties

  1. Retail Building in Deer Park, IL: 5029 SF retail building constructed in 2006 in affluent neighborhood with and AHI of $170K/yr in a 1 mile ring. 100% NNN leased to Jamba Juice and AT&T. NOI $196K/yr. $5.029M. 6.35% cap.
  2. Rite Aid in Enterprise, AL: 14,564 SF drug store on over 2 ac lot at a signalized corner location in a growing middle-class area. Next to Hwy-84. 100% NNN leased with 9 yrs left. NOI $290K/yr. $4.15M. 7% cap.
  3. CVS Pharmacy in Kissimmee, FL: 10,908 SF single tenant CVS Pharmacy built in 2000 on 1.35 ac lot at a hard corner location. Adjacent to major center with Goodwill and across from Winn-Dixie grocery and Dollar Tree center. 20 yrs corp lease with 4 yrs left. NOI $292K/yr. $4.329M. 6.75% cap.
  4. Retail Center in Dallas, TX: 13,400 SF well maintained retail center on over 1 ac outparcel to 500,000 SF Power Center with  Walmart Supercenter and Lowe's. With easy access to I-30. 100% leased to seven tenants. NOI $364K/yr. $5.395M. 6.75% cap.
  5. MOB in Savannah, GA: 6651 SF 2-story medical office building in a growing area. Between Candler, Memorial and St. Joseph's Hospitals. 100% NNN lease with 10 yrs left to a Medical Imaging tenant.  NOI $156K/yr. with up to 2% annual rent bumps. $2M. 7.8% cap.
  6. Goodwill in Phoenix City, AL: 15,800 SF built-to-suit single tenant retail building on 2.48 ac lot in Columbus suburbs. Along Hwy-431.  100% absolute NNN lease with over 17 yrs left. NOI $248K/yr. $3.821M. 6.50% cap.
  7. Neighborhood Center in Las Vegas, NV: 117,096 SF attractive shopping center on over 15 acres of land anchored by Albertsons grocery. At a highly visible and busy intersection.  76% NNN leased. Actual NOI $1.723M/yr. $25.5M. 6.76% actual cap. Upside potential when fully leased.
(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.


No comments:

Post a Comment