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- Dollar General
Market in Bakersfield, CA: 35,459 SF
single tenant retail building renovated in 2012 on 2.34 ac lot along
busy artery. Close to Kaiser Permanente and Hwy-58. 15 yrs NNN corp
lease with 11yrs left. NOI $220K/yr. $3.826M. 5.75% cap.
- Retail Center in Memphis, TN: 19,800 SF retail center on 1.47 ac corner lot. 100%
NNN leased to Corner Grocery, Metro PCS, Boost Mobile, Salon and Tax
Services. NOI $155K/yr. $1.55M. 10% cap.
- Shopping Center in Euclid, OH: 80,997 SF attractive shopping center on over 6 ac lot
anchored by Marc's Grocery in Cleveland suburbs. Other major
tenant include: Rent-A-Center, Chase Bank, Marco's Pizza, Mr. Hero and
Best cuts among others. 75% NNN leased. Actual NOI $532K/yr. $7.349M.
7.25% actual cap. Upside potential.
- Strip Center in Citrus Heights, CA: 6210 SF attractive strip center at a signalized
intersection in growing middle-class Sacramento suburbs. Adjacent to
Walgreen's. 100% leased to Mtn. Mikes Pizza, Twisted and Chiropractic.
$1.631M. NOI N/A.
- Bojangle's
in North Augusta, SC: 3800 SF Bojangle's Famous
Chicken 'n Biscuits fast food restaurant constructed in 2014 on .76 ac
lot along busy artery. Adjacent to Food Lion center and near I-20. 100%
absolute NNN lease to a strong operator with 10 units. NOI $176K/yr with
7.5% rent bumps every 5 yrs. $2.772M. 6.37% cap.
- MedPost Urgent Care in La Quinta, CA: 5,019 SF Class-A single-tenant medical office
building completed in 2004 on .55 ac lot in Los Angeles suburbs.
Adjacent to Power center with Lowe's, Target, Cost Plus, Trader Joe's
and newly constructed Century Theaters. 10 yrs NNN lease with 8 yrs left
to an operator with multiple locations. NOI $158K/yr with 5% rent bumps
every 2.5yrs. $3.162M. 5% cap.
- KFC in Fort Worth, TX: 2084 SF drive-thru fast food restaurant built in 2008
on .49 ac lot along major artery and in a fast growing area. 100%
absolute NNN lease with 13 yrs left to a strong operator with over 100
locations. NOI $106K/yr with 10% rent increases every 5 yrs. $1.949M.
5.50% cap.
- Take
5 Oil Change in Richardson, TX: 2772
SF well kept auto center on .51 ac corner lot in growing and upper
middle-class Dallas suburbs with an AHI of $89K/yr. 100% absolute NNN
corp lease with 9 yrs left. NOI $66K/yr with 2% annual rent bumps
beginning in yr 4. $1.2M. 5.50% 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.
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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