08-23: Golden Chin Buffet, Walgreens, Planet Fitness, Apartments, DaVita, Office Buildings

Daily Best Commercial Properties

Shopping Center in Oak Park, CA: 74,381 SF attractive shopping center completed in 1991 on 6.70 ac lot at a hard corner location in affluent Ventura County with an AHI of $157K/yr in a 1 mile ring. Shadow anchored by CVS Pharmacy. Other major tenants include: Goodwill, Allstate, Kids World, UPS, Mathnasium, Starbucks and Wells Fargo. 98% NNN leased. Actual NOI $1.894M/yr. $29.5M. 6.42% actual cap. Upside potential. NOTE: Flyer not available, full brochure upon request. Golden China Buffet in Kissimmee, FL: 4454 SF single-tenant restaurant on 1.68 ac lot along major corridor. Close to numerous Walt Disney World attractions. 100% NNN leased to an established operator. NOI $233K/yr. $2.55M. 9.2% cap. Walgreens in Indianapolis, IN: 13,000 SF Walgreens built in 1993 on 1.67 ac lot along busy artery. Adjacent to Starbucks Coffee and near Walmart Neighborhood Market. 100% NNN- lease with 2 yrs left. NOI $140K/yr. $1.872M. 7.50% cap. Planet Fitness in Shawnee, KS: 28,505 SF fitness center on over 2 ac lot in growing and high income Kansas City suburbs with an AHI of $88K/yr. Adjacent to PowerPlay Entertainment Center with bowling, go-karts, rides & an arcade, plus a casual buffet restaurant.  Across from Hy-Vee grocery. Newly executed 11 yrs NNN- lease to a strong operator with seven locations. NOI $270K/yr. Price reduced from $3.735M to $3.611M. 7.50% cap. Apartments in Chula Vista, CA: 21-units well maintained multifamily complex on .80 ac lot in densely populated middle-class San Diego suburbs. Close to schools, parks and shopping centers. NOI $275K/yr. $4.495M. 6.14% cap. Retail Center in Folsom, CA:13,578 SF retail center completed in 2007 along major retail corridor in high income Sacramento suburbs with an AHI of $113K/yr in a 1 mile ring. 100% leased. NOI $305K/yr. $4.695M. 6.50% cap. DaVita in Antioch, CA: 11,530 SF newly constructed dialysis center on 1.30 ac lot in growing  and high income (AHI $92K/yr) Contra Costa county. New 15 yrs NNN corp lease with 10% rent bumps every 5 yrs. NOI/Price N/A. Office Buildings in Indio, CA: 10,600 SF consisting of two well maintained office buildings on 1.23 ac lot in growing Riverside County. NNN leased to multiple tenants. NOI $95K/yr. $1.196M. 8% cap. Retail Building in Indio, CA: 9420 SF retail center at a corner lot location and along busy artery in Riverside County. NNN leased to multiple tenants. NOI $101K/yr. $1.315M. 7.75% cap. Office Building in Jacksonville, FL: 10,300 SF Class-B multitenant office building along busy corridor. Across from Memorial Hospital Jacksonville. 100% NNN leased to multiple established medical practices. NOI $257K/yr. $3.438M. 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.