09-08: Johnny Carinos, Walgreens, Mix-Used, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Retail Center in Los Angeles, CA: 13,141 SF retail center built in 2008 on .60 ac lot at a signalized corner location in densely-populated area with over 1M residents within 5 miles radius.  100% NNN leased to 8 tenants including Subway, Metro PCS, Mothers Nutritional Center, Watts Healthcare Corp (WIC), Liberty Tax Services, RPM Lenders, Shiek Shoes and Minute Check Cashing. NOI $477K/yr. $6.82M. 7% cap. Johnny Carino's in Wichita Falls, TX: 6538 SF attractive Italian Restaurant built in 2004 on 1.81 ac lot. Visible and with easy access along Hwy-277. New 10 yrs absolute NNN lease to a franchisee with 7 units. NOI $168K/yr. $2.154M. 7.80% cap. Walgreen's in Fresno, CA: 13,534 SF Walgreens constructed in 2004 at a hard corner location. Adjacent to Food 4 Less shopping center. 100% absolute NNN corp lease with 11 yrs left. NOI $312K/yr. $6.24M. 5% cap. Shopping Center in Laurel, MD: 46,302 SF well maintained shopping center on 3.86 ac lot in Affluent Washington MSA. Off of U.S. Route 29 with over 79,000 CPD.  79% leased with excellent tenant mix. Actual NOI $613K/yr. $7.58M. 8.09% cap. Retail Center in Winnetka, CA: 12,776 SF 10-units retail center on .77 ac lot along major corridor in Los Angles suburbs. 100% NNN leased with good tenant mix. NOI $254K/yr. $4.465M. 5.69% cap. Mix-used in Peachtree City, GA: 19,454 SF retail/office building constructed in 1998 on 2 ac lot in high income Atlanta suburbs with an AHI of $107K/yr in a 1 mile ring. Near Walmart Supercenter and Home Depot. 100% NNN leased. NOI $223K/yr. $2.65M. 8.44% cap. Mix-used in Santa Clara, CA: 4952 DG two-story  attractive retail/professional center along El Camino Real, a major corridor in affluent (AHI $122K/yr) Silicon Valley. 100% leased. 5.12% cap. NOI N/A. Shopping Center in Tampa, FL: 9300 SF attractive shopping center built in 2004 on .76 ac lot along busy corridor. 100% leased to five tenants. NOI $202K/yr. $2.725M. 7.44% cap. Strip Center in Pueblo, CO: 1030 SF strip center built in 2005 on .75 ac corner lot. Across from Walmart Supercenter. 100% NNN leased with good mix of tenants: Quik Cash, Great Clips, Best Donuts and Bay Meat Market. NOI $77K/yr. $1.03M. 7.51% cap. Retail Center in Norcross, GA: 8000 SF attractive retail center completed in 2007 on nearly 1 ac lot along busy corridor in Atlanta metro. Close to I-85. 100% leased to bakery, Mexican Grill, Clothing Store, Nail Salon and Hair Salon. NOI $134K/yr. $1.695M. 7.92% 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.