|
- Rite Aid in
Philadelphia, PA: 11,211 SF drug store built in 2006 at a signalized
corner. On an outparcel to a 143,000 SF shopping plaza and across from
244,000 SF retail center. Over 400K residents within 3 miles
ring. 100% absolute NNN lease with 10 yrs left and no landlord
responsibilities. NOI $330K/yr with rent increases
throughout. $5.417M. 6.1% cap.
- Shopping Center in
Cedar Hills, TX:
13,876 SF upscale retail center constructed in 2003 on 2.16 acres lot in
high income Dallas suburbs. US Highway 67 frontage with 90,000
vehicles per day. 91% NNN leased. Tenants include Veracruz Cafe, Wood
Stack Smoke House, Smoking Jacket Cigar Lounge, Bill Ingle, Edward D
Jones, A Simple Touch Day Spa, Nations Contracting, and Veracruz
Cafe. NOI $151K/yr. $2.091M. 7.25% cap.
- Arby's in
Indianapolis, IN:
3175 SF franchised fast foods restaurant built in 2001. 100%
absolute NNN corp lease with 5 yrs left. NOI $125K/yr. $1.614M. 7.75%
cap.
- Medical Office
Buildings in Dallas, TX: 173,790 SF medical office building complex consists
of one 6-story building and 2 single-story buildings developed in 1985
on over 10 acres lot in high income area. On a main artery with easy
access to I-635 (LBJ Freeway). 83% leased to 24 tenants.
Current NOI of $1.01M. $12.055M. 8.38% cap. Upside potential of
over 10% cap when fully leased.
- Apartments in
Porterville, CA:
30-unit apartments on over 1 ac lot in a city in San Joaquin Valley,
North of Bakersfield. 100% occupied. NOI $161K/yr. $2.3M. 7%
cap.
- Neighborhood Center in
Roy, UT:
17,690 SF retail complex built in 1995 on 2 ac outparcels to Weingars Supermarkets. Great
demographics: high growth, high income Salt Lake City suburbs.
100% leased to tenants including Burger King (free standing building),
Subway, Papa John's, Rice King Express, Roy Pharmacy. NOI
$262K/yr. $3.75M. 7% cap.
- Shopping Plaza in New
Bedford, MA:
42,863 SF retail center on 5.36 acres lot in Boston metro. 100%
leased. Tenants include Advance Auto, Family Dollar, H & R
Block, and the Commonwealth of Massachusetts Department of Transitional
Assistance, dental office and a local restaurant. NOI $401K/yr.
$5.35M. 7.5% cap.
- MOB in Parma, OH: 5600 SF class-A
single-tenant medical office building on .72 ac lot in Cleveland
metro. 100% leased to NeuroMed
Plus which plans to renew the lease. Current NOI $89K/yr.
$1.099M. 8% cap.
- Arby's in
Jacksonville, FL:
3718 SF franchised fast foods restaurant on .91 ac lot. on a busy road
with easy access to I-295. 20 yrs absolute NNN corp lease with 6
yrs remaining. NOI $140K/yr with up to 4% rent bumps every 2 yrs.
$1.971M. 7.25% cap.
- Strip Mall in Fort
Worth, TX:
9731 SF strip mall built in 2005 on .86 ac lot close to I-35. 88%
NNN leased to Lone Star Dental, State Farm Insurance, Hermanos Abraham,
Darby Day, King Wireless, and Metro PCS. Current NOI $74K/yr. $1.056M.
7% cap. Upside potential when the last unit is leased.
|
|
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