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- Mixed-Use in Youngstown, OH: 67,290
SF office/retail center on 7.62 ac lot in a middle-class area. Main
tenants include: Panera Bread, Chipotle Mexican Grill, Verizon Wireless,
GameStop, The UPS Store, Raymond Chiropractic, Humility of Mary Rehab,
HMHP Family Practice, Drs, Haggerty & Quick, OBGYN Practice and
Buckeye Eye Care. 95% leased. NOI $726K/yr. $9.075M. 8% cap.
- CVS in
Baltimore, MD: 8450 SF drug store built in 1995 on .59 ac corner
lot. Tenant recently exercised 1st 5-yr option. 100% NNN
lease with 4 yrs left. NOI $107K/yr. Price reduced from $1.346M to
$1.231M. 8.75% cap.
- Rite Aid
in Garden City, MI: 11,100 SF attractive Rite Aid Pharmacy
built in 2000 on 1.28 ac lot along busy artery in
Detroit suburbs. 100% NNN- lease with 4 yrs left. NOI $248K/yr. $2.763M.
9% cap.
- Shopping
Center in New Orleans, LA: 31,913 SF well maintained shopping
center on over 2 ac lot anchored by Planet Fitness. On an off/on ramp of
I-10. 100% leased to regional and local tenants. NOI $312K/yr. $4M.
7.80% cap.
- Auto
Center in Apopka, FL: 7425 SF well kept auto center along
major artery in growing middle-class Orlando suburbs. 100% leased to
multiple tenants. NOI $96K/yr. $1.2M. 8% cap.
- Golden
Corral in Greenwood, IN: 10,388 SF franchised buffet restaurant
constructed in 2001 in growing & high income Indianapolis suburbs.
Shadow anchored by Meijer Grocery. 100% absolute NNN lease with 12-yrs
left to strong franchisee with 13 units. NOI $187K/yr with 10% rent
increases every 5-yrs. Price reduced from $2.677M to $2.532M. 7.40% cap.
- Shopping
Center in Phoenix, AZ: 88,070 SF well maintained shopping center on
8.86 ac lot at a hard corner location anchored by Savers, a thrift store
chain offering secondhand clothing, footwear, furniture, books and
household items with more than 315 locations. 92% leased. Actual NOI
$757K/yr. $10.67M. 7.10% cap.
- Retail
Center in Gilbert, AZ: 16,850 SF attractive retail center on
2.25 ac lot in growing and high income Phoenix suburbs with an AHI of
$98K/yr. Shadow anchored by Albertson's Grocery. 77% NNN leased. Actual
NOI $227K/yr. $3.2M. 7.10% actual cap. Upside potential when fully
leased.
- Office
Building in Grandville, MI: 18,800 SF Class-A multitenant office
building on 2.66 ac lot in growing Grand Rapids suburbs. Close to
RiverTown Crossings Mall and I-196. 100% NNN leased. NOI $270K/yr. $3M.
9% cap.
- Apartments
in San Diego, CA: 22-units multifamily complex on .39 ac lot in densely
populated (over 600,000 residents in a 5 mile ring) and middle-class
area. Property is comprised of three studio units, 14
one-bedroom/one-bath units, and five two-bedroom/two-bath units. NOI
$202K/yr. $3.35M. 6.04% cap.
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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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