If you want to look at the previous
daily lists, please click on the Dropbox link in the "About the
Properties" box at the bottom of this email.
Daily Best 10
Commercial Properties
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- Under Review Sport
Grill in Surprise, AZ: 5529 SF highly rated on Yelp restaurant built in 2009
in growing and upper middle-class (AHI $76K/yr) Phoenix metro. Shadow
anchored by a shopping center with Carmike IMAX Theatre, Uptown Alley
and Walgreens. Across from Safeway center. 100% NNN lease with 10 yrs
left. NOI $106K/with 3% annual rent increases. $1.421M. 7.50% cap.
- DaVita in Rogers, AR: 7,103 SF DaVita
Dialysis Center constructed in 2011 on .81 ac lot in growing Springdale
suburbs. Close proximity to Northwest Medical Center. 10 yrs NNN- corp
lease with over 8 yrs left. NOI $115K/yr with 2% annual rent increases.
$1.783M. 6.50% cap.
- Shopping Center in
Louisville, KY: 26,441
SF attractive shopping center built in 1999 on 3.62 ac lot in affluent
area with an AHI of $102K/yr. Close to I-64. 90% NNN leased. Actual NOI
$320K/yr. $3.9M. 8.21% cap.
- Retail Building in
Conroe, TX: 7946
SF well maintained retail center built in 2005 on .70 ac lot along busy
artery. All units face main thoroughfare. With easy access to I-45. 100%
NNN leased. NOI $143K/yr. $1.895M. 7.58% cap.
- Dollar General in Fort
Worth, TX: 9100
SF single tenant retail building completed in 2009 on 1 ac lot in a fast
growing area. 15 yrs NNN corp lease with over 8 yrs left. NOI $93K/yr.
$1.334M. 7% cap.
- Retail Building in
Sacramento, CA: 50,646
SF well maintained retail building on 3.52 ac lot at a signalized corner
location. 100% NNN leased to O'Reilly and Rite Aid. NOI $375K/yr. $6M.
6.25% cap.
- Retail Center in El
Centro, CA: 19,347
SF attractive retail center constructed in 1990 on over 2 ac lot in a
growing area East of San Diego. NNN leased to multiple tenants. NOI
$311K/yr. $4.55M. 6.85% cap.
- Rite Aid in Warren,
OH: 11,060
SF drive-thru pharmacy constructed in 1999 on .39 ac lot at a signalized
intersection in Youngstown suburbs. 100% absolute NNN corp lease with 8
yrs left. NOI $190K/yr. $2.382M. 8% cap.
- Surgical Center
in Mooresville, NC: 12,000 SF Class-A medical office building completed
in 2002 on over 1 ac lot in a growing (90% pop growth since 2000) and
high income (AHI $90K/yr) neighborhood. Close to I-77. 100% leased to
three tenants. NOI $256K/yr. $3.25M. 7.90% cap.
- Family Dollar in
Harker Heights, TX: 8000 SF single-tenant retail building in fast growing
(176% pop growth) and upper middle-class (AHI $88K/yr) area. 11 yrs NNN
lease with 5 yrs left. NOI $103K/yr. $1.295M. 8% cap.
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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.
Please click here
to see old daily lists.
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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