Tuesday, September 13, 2016

08-30: Arby's Restaurant, Dairy Queen, DaVita, Strip Centers, MOB, Shopping Centers


Daily Best Commercial Properties

  1. Dairy Queen in Farmers Branch, TX: 3,000 SF fast food franchised restaurant renovated in 2008 on .47 ac lot in growing upper middle-class Dallas/Ft. Worth suburbs. On an off/on ramp of I-35E. 20 yrs absolute NNN lease with over 11 yrs left. NOI $74K/yr with 10% rent bumps every 5 yrs. $1.196M. 6.25% cap. NOTE: Flyer not available, full brochure upon request.
  2. DaVita in Tuscaloosa, AL: 7416 SF dialysis center renovated in 1993 on .65 ac lot with a state Certificate of Need. With easy access to I-359. Recent 10 yrs NNN- corp lease with 8 yrs left. NOI $126K/yr with 2% annual rent bumps. $1.785M. 7.09% cap.
  3. Retail Center in Columbus, OH: 12,158 SF attractive retail center built in 2006 on 1.5 ac lot. Across from Kroger, Lowe's and Regal Cinemas shopping center. Close to I-270. 88% leased with mostly NNN leases. Actual NOI $116K/yr. $1.558M. 7.50% actual cap. Upside potential when fully leased.
  4. Strip Center in Pueblo, CO: 4508 SF attractive strip center on .59 ac corner lot. Across from Walmart Supercenter. 100% NNN leased to Bay Meat Market, Quick Cash, Great Clips and Best Donuts. NOI $77K/yr. $1.105M. 7% cap.
  5. Retail Center in Lubbock, TX: 17,500 SF well maintained retail center constructed in 2001 on .69 ac lot. Shadow anchored by Walmart Supercenter. Tenants include: Little Caesars Pizza, The Tailgate Sports Bar & Grill, The Boxing Club, Game Stop and Check n' Go. 71% NNN leased. NOI $144K/yr. $$1.8M. 8% cap.
  6. Shopping Center in Ypsilanti, MI: 66,604 SF well kept shopping center at a signalized corner location. Anchored by Save A Lot Food Stores and Dollar Tree. 77% leased. Actual NOI $319K/yr. $3.709M. 8.62% cap.
  7. DaVita MOB in Norman, OK: 11,902 SF attractive medical office building constructed in 2002 on 1.64 ac lot along main corridor. Close to 324-bed Norman Regional Hospital and Griffin Memorial Hospital. 100% NNN- leased to 2 tenants: DaVita Dialysis and DDC Management LLC (Urologists). NOI $227K/yr. $2.625M. 8.68% cap. 
  8. Retail Center in Ogden, UT: 10,000 SF attractive retail center completed in 2008 on 1.48 ac lot along busy corridor in a fast growing and upper middle-class area with an AHI of $86K/yr in a 1 mile ring. 100% leased. NOI $159K/yr. $2.053M. 7.75% cap.
  9. Arby's in Jonesboro, GA: 2800 SF Arby's Restaurant on nearly 1 ac lot at a major corridor in growing Atlanta suburbs. Adjacent to Jonesboro P&R Bus Station.  20 yrs absolute NNN corp lease with over 4 yrs left. NOI $138K/yr. $1.407M. 9.85% 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.

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