08-31: MOB, 24 Hour Fitness, Shop n' Save, Apartments, Auto Centers, Retail Centers

Daily Best Commercial Properties

Retail Center in Cypress, TX: 17,757 SF attractive retail center built in 2008 on 2.77 ac lot in fast growing upper middle-class Houston MSA. Across from brand new Fiesta/Goodwill shopping center. NNN leased. NOI $210K/yr. $2.845M. 7.40% cap. MOB in Forest Hill, MD: 18,165 SF multitenant medical office building on 2.29 ac lot in high income Baltimore metro with an AHI of $111K/yr. 92% leased. Actual NOI $251K/yr. $3.3M, 7.63% cap. Office Buildings in Orange Park, FL: 20,001 SF Class-A consisting of three single story office buildings completed in 2003 on 2.2 ac lot in high income Jacksonville suburbs. 100% NNN leased by strong medical and professional tenants. NOI $312K/yr. $4.2M. 7.45% cap. Retail Center in Peoria, AZ: 15,069 SF well maintained retail center built in 2008 in growing Phoenix suburbs. Adjacent and with easy access to HWY-101. Major tenants include: Peoria Medical Center, Peoria Dental Center and World Buffet. 100% leased. NOI $405K/yr. $5.4M. 7.50% cap. Apartments in San Bernardino, CA: 21-units apartment complex on over 1 ac lot in San Bernardino County. Many interior units have been updated. Unit mix include: 16 1-bed/1-bath and 5 2-bed/1-bath. NOI $103K/yr. $1.554M. 6.64% cap. Auto Center in Walnut, CA: 6903 SF well maintained single-tenant auto center on .35 ac lot along busy artery in high income Los Angeles suburbs. 100% leased to One Stop Auto Repairs, a regional tenant. NOI $82K/yr. $1.6M. 5.14% cap. Shop n' Save in Springfield, IL: 46,083 SF Shop n' Save grocery store renovated in 1995 on nearly 9 ac lot  along main retail artery. With easy access to I-72/I-55. Tenant has been at this location since 1984. Store with strong sales of $657/SF. 100% NNN leased with 2 yrs left. NOI $225K/yr. $2.655M. 8.50% cap. Retail Center in Madison, WI: 33,307 SF attractive retail center built in 1990 on 6.72 ac lot in growing upper middle-class area. With easy access to Hwy-18/Hwy-14. 100% leased to 6 tenants, 5 of them brand name: AutoZone, Harbor Freight, Lumber Liquidators, Jackson Hewitt and Cricket Wireless.. NOI $262K/yr. $3.499M. 7.50% cap. Apartments in Chandler, AZ: 42-units well kept multifamily complex on over 2 ac lot. Close to Arizona College, schools and shopping centers. Pro forma NOI $228K/yr. $3.25M. 7.03% pro forma cap. 24 Hour Fitness in Henderson, NV: 26,376 SF fitness center constructed in 1996 on over 3 ac lot. Close to International Airport, the Strip and University of Las Vegas. Tenant has been at this location for 20 yrs. Recently executed a new 10 yrs absolute NNN corp lease. NOI $316K/yr. $4.868M. 6.50% 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.