|
- Retail Center
in Woodbridge, VA: 21,115 SF well maintained retail center on nearly 2
ac lot in high income Washington DC
MSA. Across from Lowe's and Home Depot centers. Close to Potomac Mills Mall
and I-95. $3.15M. NOI N/A.
- Retail Center
in Orange, CA: 15,557 SF L-shaped well kept retail center on 1.26 ac
corner lot in growing & upper middle-class Los Angeles suburbs.
Major tenants include: Zito's New York Style Pizza, Fast Auto and Payday
Loans and Metro PCS. 100% leased. NOI $321K/yr. $6.76M. 4.75% cap.
- Professional
Buildings in College Station, TX: 29,254 SF consisting of three
buildings completed in 2001 on over 3 ac lot in a fast growing area.
Close to Texas A&M University.
NOI $322K/yr. $4.15M. 7.77% cap.
- Apartments in
Houston, TX: 17-units
condo/townhouse complex on over 1 ac lot. Property consist of two and
three bedroom two bath units. New upgrades include: appliances, counter
top updates, roof updates, new A/C units in majority of units, new
garage doors and more. 100% occupied. NOI $108K/yr. $985K.
11% cap.
- Hungry Bear
Steakhouse & Bar in Hemet, CA: 5900 SF highly rated on Yelp
restaurant on over 1 ac lot in Riverside County. Over $650K on property
renovations in 2015. Adjacent to
Hemet Valley Medical Center. 100% NNN leased. NOI $78K/yr. $1.3M. 6%
cap.
- PetSmart in Jacksonville, FL: 18,000 SF
retail building completed in 2012 on .93 ac lot along major retail
corridor between The Home Depot and At Home Decor Superstore. Across
from Orange Park Mall with over
120 stores. Recently extended NNN lease with 11 yrs left. NOI
$288K/yr. $4.443M. 6.50% cap.
- Chili's in
Arlington Heights, IL: 5995 SF well maintained Chili's Restaurant on .42 ac
lot at a signalized intersection and in a high income area with an AHI
of $127K/yr. Tenant has been at this location since 1989. 100% absolute
NNN corp lease with 8 yrs left. NOI $111K/yr with a rent pump in 2019.
$1.8M. 6.22% cap.
- Shopping Center
in Yucca Valley, CA: 17,022 SF in-line shopping center on 1.76 ac lot
shadow anchored by Stater Brother's
Market in San Bernardino County. 93% NNN leased. Actual NOI $126K/yr.
$1.808M. 7% actual cap. Upside potential when fully leased.
- Patient First in Chesapeake,
VA: 6291
SF Class-B single tenant medical office building on over 1 ac lot along
busy artery in affluent (AHI $111K/yr) Norfolk MSA. New 15 yrs NNN
corp lease to Patient First with 66 locations. NOI $172K/yr with 10%
rent increases every 5 yrs. $3M. 5.75% cap.
- MOB in
Arlington Heights, IL: 7650 SF attractive multitenant medical office
building on .59 ac lot in affluent neighborhood with an AHI of $101K/yr
in a 1 mile ring. Close to Northwest
Community Hospital. 90% leased to five tenants. Actual NOI $66K/yr.
$950K. 7.02% cap.
|
|
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