Friday, September 9, 2016

08-26: Hardee's Fast Food Restaurant, Office Buildings, Shopping Centers. Retail Centers


Daily Best Commercial Properties

  1. Shopping Center in Chicago, IL: 23,236 SF well maintained shopping center on over 1 ac corner lot in upper middle-class area. Big monument sign at a visible location. Credit tenant include: JP Morgan Chase Bank and O'Reilly Auto Parts. Close to I-90. NOI $295K/yr. $4.75M. 6.23% cap.
  2. Shopping Center in Dallas, TX: 31,424 SF attractive shopping center on nearly 3 ac lot at a prime corner location. Near/with easy access to I-635. 90% NNN leased with several long-term tenants including Subway, Smile Dental and Coin Laundry. Actual NOI $344K/yr. $4.3M. 8% actual cap. Upside potential.
  3. Retail Center in Surprise, AZ: 13,901 SF in-line retail center along busy corridor in fast growing (675% pop growth since 2000) middle-class Phoenix MSA. Shadow anchored by Walmart Neighborhood Market. NOI $278K/yr. $3.98M. 7% cap.
  4. Retail Center in Lawrenceville, GA: 14,866 SF retail center built in 1998 on 1.7 ac lot along major artery in growing Atlanta suburbs. Across from Publix shopping center. Close to Hwy-316. 100% leased to Sugarloaf Urgent Care, Shane's Rib Shack, Quizno's and Gymboree. NOI $132K/yr. $$2.2M. 6% cap.
  5. Hardee's in Springfield, IL: 5100 SF single-tenant drive-thru fast food restaurant on nearly 2 ac corner lot along busy corridor. 100% absolute NNN lease with 8 yrs left to a strong franchisee with over 100 units. NOI $82K/yr with annual CPI rent bumps. $1.282M. 6.40% cap.
  6.  Shopping Center in San Bernardino, CA: 44,182 SF well kept shopping center on 2.64 ac lot.  Across from 988,532 SF Inland Center with 130 stores. Close to I-215. 62% leased. Actual NOI $366K/yr. $4.85M. 7.56% actual cap. Upside potential when fully leased.
  7. Office Building in San Jose, CA: 7836 SF attractive two-story office building at a signalized corner location along busy artery in growing Silicon Valley. Close to San Jose Downtown. $1.999M.

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.

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