- Hardee's in
Montgomery, AL: 3574
SF franchised fast food restaurant on .87 ac lot along busy artery. On
an off/on ramp of I-65. 100% absolute NNN lease with 9 yrs left to a
successful operator with over 100 units. NOI $95K/yr with annual rent
increases. $1.4M. 6.82% cap.
- Pep Boys in Buffalo,
NY: 19,676
SF single-tenant auto center built in 1996 on 1.87 ac lot along major
retail corridor. 100% NNN lease with 7 yrs left. NOI $220K/yr with 1.5%
annual rent bumps. $3M. 7.35% cap.
- Retail Buildings in
Center Line, MI: 18,559
SF well maintained retail buildings on 1.56 ac lot at a signalized
corner location in Detroit suburbs. Anchored by free-standing Rite Aid
Pharmacy. NNN leased. NOI $261K/yr. $3.273M. 8% cap.
- Jiffy Lube in Clinton,
UT: 1915
SF three drive-thru bays auto center constructed in 2001 on .26 ac
corner lot in growing upper middle-class Salt Lake City MSA. Shadow
anchored by Macey's Food
& Pharmacy shopping center. Across from Lowe's and Kohl's and
close to Walmart Supercenter. 100% NNN leased with 10 yrs left. NOI
$73K/yr. $975K. 7.49% cap.
- Kelly Moore in
Vallejo, CA: 3223
SF single tenant retail building on .45 ac corner lot in San Francisco
Bay Area. New 10 yrs NNN lease to a national tenant with nearly 150
locations. NOI $84K/yr with 8% rent bumps every 5 yrs. $1.314M. 6.50%
cap.
- Kelly Moore in
Antioch, CA: 9000
SF well maintained single tenant retail building on .65 ac lot in Contra
Costa County. Tenant has been at this location since 1986. On an off/on
ramp of Hwy-4. New 10 yrs NNN lease to a national tenant with nearly 150
locations. NOI $122K/yr with 8% rent increases every 5 yrs.
$1.879M. 6.50% cap.
- Retail Center in
Vacaville, CA: 13,000
SF retail center on over 1 ac lot in upper middle-class (AHI $91K/yr in
a 3 mile ring) Solano County. Close to Costco and with easy access to
I-80. 100% NNN leased to Kelly Moore and Sally Beauty Systems. $2.066M.
7.25% cap.
- Retail Center in
Folsom, CA: 9200
SF attractive retail center built in 1995 on over 1 ac lot along busy
corridor and in affluent Sacramento suburbs with an AHI of $111K/yr in a
3 mile radius. Across from Lowe's, Target, Trader Joe's and Home Good's
shopping center. 100% NN leased to Kelly Moore and Leslies Pools Mart.
NOI $171K/yr. $2.444M. 7% cap.
- Apartments in Milford,
MA: 24-units
multifamily complex on 1.34 ac lot in growing and high income (AHI
$91K/yr) Boston MSA. Property consist of six 1BR units and eighteen
studio units. 100% occupied. NOI $131K/yr. $1.75M. 7.50% cap.
- DaVita in
Hopkinsville, KY: 5,132
SF Class-B built-to-suit single tenant dialysis center constructed in
2001 on .75 ac lot in a growing middle-class area. KY is a Certificate
of Need state. Recently extended NNN lease with 7 yrs left. NOI $84K/yr
with 2% annual rent increases. $1.245M. 6.75% cap.
|
|
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.
Please click here
to see old daily lists.
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.
|
|
No comments:
Post a Comment