Monday, August 15, 2016

08-01: AutoZone, Apartments, Retail Centers, Shopping Centers, Strip Centers



Daily Best Commercial Properties

  1. Retail Center in Bossier City, LA: 14,000 SF retail center built in 1996 on 1.57 ac corner lot in Shreveport suburbs. On an outlot to Pierre Bossier Mall, with 80 stores. 80% leased with national and local tenants including AT&T, Games X Change, Solar Nails, Eyebrow Threading and Cook Orthodontics. NOI $178K/yr. $2.225M. 8.01% cap.
  2. Retail Center in Grand Junction, CO: 16,171 SF attractive retail center built in 205 on 2.63 ac lot along main artery. Shadow anchored by 64,269 SF Safeway grocery. 68% NNN leased. Actual NOI $213K/yr. $3.2M. 6.69% actual cap. Upside potential when fully leased.
  3. Shopping Center in Milwaukee, WI: 82,917 SF well maintained shopping center on 8 ac lot at a hard corner location. Major tenant include: Walgreens, O'Reilly Auto Parts & Dollar Tree. 97% NNN leased. Actual NOI $850K/yr. $10.63M. 8% actual cap. Upside potential.
  4. Retail Center in Columbus, OH: 20,000 SF consisting of two retail centers in a growing and high income area with an AHI of $95K/yr in a 1 mile ring. Outparcel to 17 Screen Marcus Crosswoods Cinema. Close to major shopping centers and I-270. 100% leased with mostly NNN leases. NOI $253K/yr. $2.655M. 9.55% cap.
  5. Retail Center in Orange, CA: 14,575 SF retail center on 1.31 ac lot in high income (AHI $100K/yr in a 3 mile radius) Orange County. Shadow anchored by Stater Bros  Supermarket. 100% NNN leased to seven tenants. NOI $184K/yr. $3.84M. 4.80% cap.
  6. AutoZone in Seattle, WA: 7000 SF single-tenant retail building on .33 ac lot in growing upper middle-class area. 20 yrs NNN lease with 8 yrs left. NOI $99K/yr. $1.598K. 6.25% cap.
  7. Retail Center in Snellville, GA: 14,050 SF attractive retail center on 1.32 ac lot at a signalized corner location in growing Atlanta suburbs. 100% NNN leased to ten tenants. NOI $255K/yr. $3.168M. 8.07% cap.
  8. Multifamily in Bonaire, GA: 49-units multifamily complex on over 13 ac lot in growing and upper middle-class Macon MSA with an AHI of $81K/yr. Property consists of eight 3-BR, 1-BA single family homes, two 3-BR, 2-BA family homes, 22 3-BR, 2-BA duplexes and 17 3-BR, 2.5 BA townhomes.100% occupied. NOI $310K/yr. $3.25M. 9.56% cap.
  9. Strip Center in Keller, TX: 11,794 SF well maintained strip center on over 1 ac lot at a signalized corner location in growing (60% pop growth since 2000) and affluent (AHI $128K/yr in a 3 mile ring) Dallas/Ft. Worth suburbs. 100% leased to eight tenants. NOI $158K/yr. $2.2M. 7.20% cap.
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