08-25: Carl's Jr., Walgreens, NTB Auto Service Center, Retail Buildings, Office Buildings

Daily Best Commercial Properties

Retail Center in Corpus Christi, TX: 16,000 SF attractive retail center along busy corridor in a growing (141% pop growth since 2000) and high income area with an AHI of $109K/yr. 94% leased with good tenant mix. Actual NOI $237K/yr. $3.39M. 7% cap. Retail Center in Spring, TX: 20,513 SF consisting of two attractive retail centers on nearly 2 ac lot at a signalized corner location in growing and high income Houston MSA. Close to Wet 'n' Wild Splash Town and I-45. 83% leased with multiple long-term tenants. NOI $185K/yr. $2.248M. 8.25% actual cap. Upside potential. Retail Building in Bakersfield, CA: 7011 SF retail building on 1/2 ac corner lot. Adjacent to Walgreens and with easy access to Hwy-58. Major tenants include: Panda Express, H&R Block and Subway. 72% NNN leased. NOI $167K/yr. $2.575M. 6.5% cap. NTB in Saint Peters, MO: 8818 SF auto service center built in 1990 on nearly 1 ac lot. Across from Mid Rivers Mall and close to I-70. 100% absolute NNN corp lease with over 7 yrs left. NOI $97K/yr. $1.447M. 6.75% cap. Retail Center in Orangevale, CA: 21,000 SF L-shaped retail center at a hard corner location in growing Sacramento suburbs. Between Walmart Supercenter and WinCo Foods. 72% NNN leased. Pro forma NOI $245K/yr. $3.5M. 7% pro forma cap. Walgreens in Omaha, NE: 13,835 SF drive-thru pharmacy constructed in 2000 on 1.84 ac lot at a signalized corner location. Close to University Campus of CHI Health Creighton University Medical Center and Hwy-75. Early extended NNN lease with 11 yrs left. NOI $157K/yr. $2.62M. 6% cap. Carl's Jr. & Wells Fargo ATM in Phoenix, AZ: 4283 SF well maintained fast food restaurant and free standing Wells Fargo ATM on over 1 ac lot at a hard corner location. Close to Maricopa Integrated Health System Hospital, Arizona State Hospital, Phoenix Sky Harbor International Airport and I-10. 20 yrs absolute NNN lease to a strong operator with 21 units. NOI $146K/yr with 10% rent bump for Carl's Jr in 2017. $2.09M. 7% cap. Office Building in Arlington, TX: 11,275 SF Class-B multitenant office building completed in 2004 on 1.25 ac lot. Close to Texas Health Arlington Memorial Hospital and I-30. 100% NNN leased. NOI $135K/yr. $1.795M. 7.50% cap. Strip Center in Victorville, CA: 6200 SF well maintained strip center along major retail thoroughfare in San Bernardino County. Across from Costco. Long term tenants. NOI $78K/yr. $1.2M. 6.5% cap. Retail Building in Milpitas, CA: 1920 SF retail building on .33 ac lot along busy artery. Close to the Great Mall. 100% leased to a boat service/repair business. $1.5M. NOI N/A.

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.