Monday, August 8, 2016

07-25: Taco Bell, Apartments, MOB, Office Complex, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Retail Center in McDonough, GA: 32,550 SF attractive retail center on 6.73 ac lot in fast growing and high income Atlanta suburbs. Shadow anchored by Kroger grocery. National tenants include: Great Clips and H&R Block. NOI $365K/yr. $4.304M. 8.50% cap.
  2. Office Complex in Tomball, TX: 20,135 SF Class-A consisting of two office complexes on 1.68 ac lot in growing and affluent Houston MSA with an AHI of $132K/yr in a 1 mile ring. 100% leased with good tenant mix including; Micron Technology, a Fortune 500 company, Oral Surgeon and other local/regional tenants. NOI $321K/yr. $3.8M. 8.45% cap.
  3. Office Building in Decatur, GA: 21,000 SF Class-B office building on 3 ac lot along busy artery in Atlanta suburbs. Close to North Dekalb Mall and Hwy-78. 100% NNN leased to Safe Haven Homes, a State licensed residential care facility for the elderly, and Lawrenceville Hwy Early child development center. NOI $324K/yr. $3.499M. 9.25% cap.
  4. Retail 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.
  5. Retail Center in Bakersfield, CA: 25,739 SF well maintained retail center on over 2 ac lot  along major retail corridor. Anchored by CVS Pharmacy. Part of Stockdale Town Center, a major shopping center. 100% NNN leased. NOI $176K/yr. $3.6M. 4.89% cap.
  6. MOB in Simi Valley, CA: 24,417 SF Class-B multitenant medical office building on 1.66 ac lot in growing and high income Los Angeles suburbs with an AHI of $117K/yr in a 3 mile ring. 100% leased. NOI $447K/yr. $7.45M. 6% cap.
  7. Apartments in Santa Rosa, CA: 9-units well maintained apartment complex in growing and middle-class city just North of San Fransisco. Close to Coddingtown Mall and Hwy-101. 100% occupied. NOI $78K/yr. $1.65M. 4.78% cap.
  8. Retail Center in Wheat Ridge, CO: 17,388 SF well maintained retail center on .84 ac lot in growing Denver suburbs. Close to Costco and I-70. NNN leased. $1.44M. NOI $108K/yr. 7.5% cap.
  9. Taco Bell in Apple Valley, CA: 2108 SF single-tenant fast food restaurant built in 1997 on .40 ac lot along Hwy-18 in San Bernardino County. Adjacent to Walmart and across from Target and Ross Dress for Less shopping center. 100% absolute NNN lease with 1 yr left. NOI $98K/yr. $1.65M. 5.96% cap.
  10. Apartments in Anaheim, CA: 30-units attractive apartment complex in densely populated (over 660,000 residents in a 5 mile ring) and high income (AHI $84K/yr in a 3 mile radius) Los Angeles area. All 3BR 2BA units.  Close to Cypress College. NOI $782K/yr. $8.6M. 9.10% cap.  (Note Transmercial is skeptical about the cap and NOI figures) 
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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