08-02: Walgreens, Church's Chicken, Muchas Gracias Restaurant, Powerhouse Gym, MOB, Shopping Centers

Daily Best Commercial Properties

MOB in Norman, OK: 11,902 SF attractive medical office building constructed in 2002 on 1.64 ac lot along main corridor. Close to 324-bed Norman Regional Hospital and Griffin Memorial Hospital. 100% NNN- leased to two tenants including 9224 SF DaVita Dialysis. NOI $227K/yr. $2.625M. 8.68% cap. Retail Center in Evans, CO: 20,400 SF 10-units retail center on 2.69 ac lot. Near Sam's Club, Walmart Supercenter, Qwest Greeley Mall and Hwy-34. 94% leased. Actual NOI $238K/yr. $3.39M. 7.04% cap. Upside potential when fully leased. Strip Center in Katy, TX: 4560 SF strip center built in 2003 on .76 ac lot in a fast growing and high-income Houston MSA. 100% NNN leased. NOI $79K/yr. $1.3M. 6.10% cap. Neighborhood Center in Aurora, CO: 109,037 SF attractive shopping center on 7.79 ac lot in growing middle-class Denver suburbs. On an off/on ramp of I-225. Shadow anchored by Burlington Coat Factory. Main tenant include: Verizon Wireless, Cici's Pizza, Subway, T-Mobile, Mattress Firm and UPS. Close to The Medical Center of Aurora Hospital and Town Center at Aurora Mall with over 100 stores. 95% leased. NOI $1.543M/yr. $22.045M. 7% cap. Walgreens in Fayetteville, NC: 14,490 SF Walgreens constructed in 2001 on 1.54 ac lot at a major signalized intersection. Across from Walmart Supercenter and close to Cross Creek Mall. 100% NNN lease with 6 yrs left. NOI $399K/yr. $6.06M. 6.60% cap. Retail Center in Oklahoma City, OK: 20,320 SF eye-catching retail center along busy corridor. Some recent renovations include: elevator, HVAC, new windows and store front systems, plumbing & electric upgrades. Close to I-235. NOI $210K/yr. $2.8M. 7.50% cap. Church's Chicken in Cleveland, TX: 2464 SF single-tenant fast food restaurant on .41 ac lot. New 16 yrs absolute NNN lease to a strong franchisee with 110 units. NOI $81K/yr with 1.5% annual rent increases. $1.353M. 6% cap. Retail Center in Duluth, GA: 13,020 SF retail center built in 2005 on 1.31 ac outparcel to Walmart Supercenter in growing Atlanta suburbs. Excellent tenant mix including Restaurant and Medical Office. NOI $314K/yr. $4.342M. 7.25% cap. Muchas Gracias in Salem, OR: 2334 SF Mexican Restaurant on .45 ac lot in a growing middle-class area. 10 yrs recently extended NNN- lease to a successful regional operator with over 36 locations throughout Oregon and SW Washington. NOI $78K/yr. $1.2M. 6.50% cap. Powerhouse Gym in San Jacinto, CA: 28,000 SF well maintained retail building in Riverside County. Adjacent to Walmart Supercenter and 12-Screen Regal Cinemas. 100% NNN lease with over 3 yrs left to an operator with 104 locations in the USA. NOI $299K/yr. $3.99M. 7.50% 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.