Tuesday, October 4, 2016

09-20: Fresenius, Advance Auto Parts, Apartments, O'Reilly Auto Parts


Daily Best 10 Commercial Properties

  1. Fresenius in Palmdale, CA: 9120 SF newly constructed dialysis medical center on .75 ac lot in fast growing Los Angeles suburbs. Close to Palmdale Regional Medical Center. 10 yrs NNN lease. NOI $191K/yr with 3% annual rent increases. $2.736M. 7% cap.
  2. Advance Auto Parts in Macon, GA: 7140 SF attractive retail building on nearly 1 ac lot in a fast growing area. Adjacent to Food Depot and CVS Pharmacy. 100% NN lease with 5 yrs left. NOI $158K/yr. $2.115M. 7.50% cap.
  3. Professional Buildings in Las Vegas, NV: 47,304 SF Class-B consisting of five single-story professional buildings on 4.63 ac lot at a signalized corner location. Close to Valley Hospital Medical Center and University Medical Center. $6.63M. NOI & price N/A.
  4. Retail Center in Humble, TX: 13,975 SF retail center built in 2007 on 1.45 ac lot in fast growing and upper middle-class Houston MSA. Across from Walmart Supercenter. 86% leased with good tenants mix. Actual NOI $246K/yr. $3.289M. 7.50% actual cap. Upside potential when fully leased.
  5. Shopping Center in Las Vegas, NV: 40,000 SF well kept shopping center on 3 ac lot anchored by 24 Hour Fitness along busy retail corridor. 100% leased. NOI $558K/yr. $7.2M. 7.75% cap.
  6. Retail Center in Morrisville, PA: 12,930 SF well maintained retail center built in 1997 on 3.88 ac lot in affluent Philadelphia MSA with an AHI of $114K/yr in a 1 mile radius. 100% leased to six tenants. NOI $125K/yr. $1.568M. 8% cap. 
  7. Shopping Center in Euclid, OH: 80,997 SF attractive shopping center on over 6 ac lot anchored by Marc's Grocery  in Cleveland suburbs. Other major tenant include: Rent-A-Center, Chase Bank, Marco's Pizza and more. 75% leased. Actual NOI $532K/yr. $7.349M. 7.25% actual cap. Upside potential.
  8. Apartments in Houston, TX: 68-units well maintained apartment complex on 1.65 ac lot. Adjacent to St Plus High School, close to shopping centers and Doctors Hospital. 99% occupied. Actual NOI $325K/yr. $4.1M. 7.94% cap.
  9. O'Reilly Auto Parts in Indianapolis, IN: 7280 SF single tenant retail building renovated in 2010 on over 1 ac lot along main retail artery. Close to Castleton Square Mall and I-69. 100% NNN lease with over 14 yrs left. NOI $118K/yr with 8% rent increases every 5 yrs. $1.698M. 7% 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.

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.

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