07-15: Rite Aid, Walgreens, Lumber Liquidators, MOB, Dollar Tree

Daily Best Commercial Properties

Walgreens in Torrington, CT: 15,120 SF drug store built in 2001. Store with strong sales revenue of over $10M/yr.  100% NNN lease with over 5 yrs left. NOI $440K/yr. $6.519M. 6.75% cap. Dollar Tree in East Hartford, CT: 13,274 SF attractive single-tenant brick retail building on nearly 2 ac lot at a signalized corner location. 10 yrs NNN- corp lease. NOI $97K/yr. $1.498M. 6.50% cap. Shopping Center in Vallejo, CA: 30,782 SF retail center on 2.94 ac lot in San Francisco Bay area.  Anchored by 99 Cents Only Store. Close to Kaiser Permanente Medical Center. 100% leased to three tenants. NOI $349K/yr. $5.595M. 6.25% cap. Lumber Liquidators in York, PA: 8004 SF attractive retail building constructed in 1997 on 1.26 ac lot. Across from 764,514 SF York Galleria Mall and with easy access to Hwy-30. 100% NNN lease with 8 yrs left. NOI $100K/yr. $1.4M. 7.17% cap. Strip Center Germantown, WI: 5922 SF eye-catching strip center built in 2005 in Milwaukee metro. 100% NNN leased to four tenants including Starbucks Coffee. NOI $96K/yr. $1.378M. 7.01% cap. Retail Center in Stockbridge, GA: 28,800 SF shopping center on 2 acres lot in growing middle class Atlanta metro.  81% leased.  Current NOI $140K/yr. $2M. 7.05% cap. Strong upside when fully leased. MOB in Olathe, KS: 35,571 SF Class-B multitenant medical office building completed in 19998 on over 3 ac lot in Kansas City suburbs. Near I-35. 75% leased to multiple tenants. $3.2M. NOI N/A. Retail Center in Woodland, CA: 15,177 SF attractive retail center constructed in 2005 on 2.57 ac lot in growing upper-middle class area near Sacramento. Shadow anchored by Bel-Air Supermarket (owned by Raley's). 100% leased with good tenant mix including Anytime Fitness, Pizza Guys, Woodland Hearing Center and Quest Diagnostics. NOI $361K/yr. $5.44M. 6.65% cap. Rite Aid in Conyers, GA: 9780 SF Rite Aid Pharmacy at a hard corner location in Atlanta suburbs. With easy access to Hwy-278. Newly exercised 5 yrs NNN corp lease. NOI $169K/yr. $2.34M. 7.25% cap. Retail Center in Ogden, UT: 13,691 SF attractive retail center built in 1999 on over 1 ac lot in Salt Lake City suburbs. Shadow anchored by Fresh Market and Dollar Tree. Main tenants include: Subway, Domino's and Title Max. 68% NNN leased. Actual NOI $187K/yr. $2.208M. 8.50% 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.