09-01: Walgreens, China Star Buffet, Planet Fitness, DaVita, 99 Cents Store, Logan's Roadhouse, Jones Complete Car Care

Daily Best Commercial Properties

Walgreens in Austin, TX: 13,823 SF Walgreens Pharmacy on 1.80 ac lot at a hard corner location. Store with strong sales of over $9M. Close to Highland Mall, with 130 stores and I-35. 25 yrs absolute NNN lease with over 10 yrs left. NOI $256K/yr. $4.893M. 5.25% cap. China Star in North Las Vegas, NV: 6,300 SF buffet restaurant built in 2007on 1.30 ac corner lot at a signalized corner location in densely populated & growing middle-class area. Along main retail corridor and across from center with Home Depot, Walgreens, Office Depot and PetSmart. Tenant has been at this location since 2007. 100% absolute NNN lease with over 10 yrs left. NOI $166K/yr. $1.99M. 8.36% cap. Planet Fitness in Hobbs, NM: 17,600 SF newly constructed fitness center on 1.7 ac lot in a fast growing middle-class area. 10 yrs NNN lease with over 9 yrs left to a strong operator with over 50 units. NOI $246K/yr. $3.28M. 7.50% cap. MOB in Anaheim, CA: 7901 SF mature multitenant medical office building on .67 ac lot in densely populated Los Angeles suburbs. Close to Disneyland California Adventure Park and I-5. 100% NNN leased. $2.13M. NOI N/A. DaVita in N Las Vegas, NV: 10,199 SF attractive dialysis center along busy artery. Prior to occupancy, tenant roughly invested over $1.5M on improvements and equipment. Near 177-bed state-of-the-art North Vista Hospital. 100% NNN corp lease with over 11 yrs left. NOI $197K/yr. $3.44M. 5.75% cap. Auto Center in Orlando, FL: 4995 SF single tenant auto center renovated in 2016 on .80 ac lot along busy corridor. 15 yr lease. NOI $93K/yr with 3% annual rent bumps. $1.56M. 6% cap. Auto Center in Bellflower, CA: 21,377 SF fourteen units auto center constructed in 1990 on over 2 ac lot in Los Angeles area. Across from Stater Bros. Market and with easy access to Hwy-91. 100% leased with good tenant mix. NOI $177K/yr. $3.5M. 5.06% cap. 99 Cents Only Store in Delano, CA: 18,171 SF retail building completed in 2015 on over 1 ac lot at a signalized hard corner location. In growing city North of Bakersfield. 100% NNN- corp lease with 12 yrs left. NOI $254K/yr with rent increases in yr 3 & 8. $4.625M. 5.50% cap. Logan's Roadhouse in Cincinnati, OH: 6533 SF restaurant built in 2012 on 2.24 ac outparcel to Eastgate Mall. Visible from Hwy-32 and adjacent to I-275. 100% NNN ground lease (land for sale) with 16 yrs left. NOI $89K/yr. $1.333M. 6.75% cap. Jones Complete Car Care in Clearfield, UT: 6600 SF single tenant auto center built in 2004 on .89 ac lot in Salt Lake City metro. Good demographics: growing (88% pop growth since 2000) and upper middle-class with an AHI of $91K/yr in a 1 mile ring. 10 yrs NNN lease with 5 yrs left to a regional operator with 3 locations. NOI $125K/yr. $1.929M. 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.  To access the old daily lists, please follow this link.  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.