Thursday, June 30, 2016

06-16: Strip mall, Walgreens, Apartments, Sears, MOBs


Daily Best Commercial Properties

  1. Strip Mall in Sacramento, CA:  12,748 SF newer strip center built in 2008 on 1.15 ac lot close to Hwy 99 and Kaiser Permanente South Sacramento complex.  Excellent visibility with all units facing the street.  64% leased to 6 tenants.  Pro forma NOI $236K/yr. $2.415M. 9.77% pro forma cap.
  2. Walgreens in Austin, TX: 13,823 SF Walgreens on 1.8 ac hard corner lot in middle class area.  100% absolute NNN lease with 11+ yrs left.  Store with strong $11M in sales revenue (likely to stay there).  NOI $256K/yr.  $4.893M. 5.25% cap.
  3. Starbucks center in San Mateo, CA:  rare 3072 SF strip mall built in 2005 in the wealthy Silicon Valley with AHI of $158K/yr in 3 miles ring.  100% leased to 2 tenants: Starbucks and Shred Center.  NOI $121K/yr. $2.703M. 4.5% cap.
  4. MOB in Beverley Hills, CA:  rare 3200 SF medical office building leased to Radiology & Medical Imaging tenant. NOI N/A. $4M.
  5. Sears in Las Vegas, NV:  162,000 SF single-tenant building completed in 2004 on over 12 ac lot near Hwy 215 exit.  20 yrs absolute corp ground lease (land is for sale, tenant owns the building) to Sears with 9+ yrs left.  NOI $600K/yr with 5% rent bumps every 5 yrs.  $8.5M 7.06% cap.
  6. Shopping Center in Council Bluffs, IA: 50,435 SF well-maintained shopping center on over 3 acres corner lot in Omaha metro.  100% NNN leased to 2 brand name tenants: Hy Vee Drugs & Liquors and Ace Hardware.  NOI $233K/yr. Price reduced to $3.016M. 7.75% cap.
  7. MOB in El Cajon, CA: 15,193 SF medical office building in San Diego metro. 100% leased to 6 tenants.  NOI $199K/yr. $3.46M. 5.77% cap.
  8. Apartments in Hemet, CA: 26-unit (22 are 2BR-2BA) gated apartments built in 1999 on .78 ac lot.  Fully renovated  recently. NOI $183K/yr. $2.575M. 7.1% cap.
  9. Office Building Oak Brook, IL: 50,481 SF office building in affluent Chicago suburbs with AHI of $119K/yr in 1 mile.  86% occupied.  NOI $510K/yr. $5.625M. 9.08% cap.
  10. Office Building in Chesapeake, VA:  51,580 SF class-A office building on 4.89 ac lot in Norfolk metro.  Anchored by highest investment grade tenant. 100% leased.  NOI $489K/yr. $5.75M. 8.5% cap

(c) Transmercial 2016
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.
 

Wednesday, June 29, 2016

06-15: Taco Bell, Regional Center. Retail Plaza, MOB, Retail Center



Daily Best Commercial Properties

  1. Shopping Center in Milwaukee, WI: 82,917 SF well maintained shopping center on 8 ac lot at a hard corner location. Anchored by 16,380 SF drive-thru Walgreens, 8,000 SF O'Reilly Auto Parts and 10,000 SF Dollar Tree. 97% NNN leased. Actual NOI $850K/yr. $10.63M. 8% cap.
  2. Strip Center in Charlotte, NC: 6800 SF strip center on .80 ac outparcel to Target at a visible hard corner location. Close to Carolinas Medical Center. 100% NNN leased. NOI $127K/yr. $1.75M. 7.30% cap.
  3. Taco Bell in Indianapolis, IN: 3,152 SF fast food restaurant on .51 ac lot along busy corridor. With two ingress/egress points. 100% NNN lease with 5 yrs left a strong franchisee with over 780 units. NOI $72K/yr. $1.095M. 6.60% cap.
  4. Shopping Center in Vancouver, WA: 20,038 SF attractive shopping center constructed in 2006 on 1.62 ac lot in a fast growing and upper middle-class area with an AHI of $80K/yr in a 1 mile ring. Close to Hwy-14. 85% NNN leased. Pro forma NOI $287K/yr. $3.968M. 7.25% pro forma cap.
  5. Retail Center in Canoga Park, CA: 33,792 SF well kept retail center on 1.31 ac lot. Good demographics: densely populated (over 400,000 residents in a 5 mile ring) and high income (AHI $91K/yr in a five mile ring) Los Angeles suburbs. 90% leased. Actual NOI $564K/yr. $8.625M. 6.54% cap.
  6. Retail Center in Cape Coral, FL: 15,840 SF attractive retail center built in 2006 on 1.28 ac lot in fast growing middle-class Fort Myers suburbs. All units face main corridor. Close to Cape Coral Hospital. 87% leased.  Actual NOI $126K/yr. $1.75M. 7.25% actual cap. Upside potential.
  7. Retail Plaza in Patchogue, NY: 14,000 SF well maintained retail center on over 1 ac lot in affluent New York suburbs with an AHI of $104K/yr. 100% leased. NOI $211K/yr. $2.64M. 8% cap.
  8. Regional Center in Shreveport, LA: 340,926 SF regional center on over 29 acres of land. Anchored by Big Lots, Burlington Coat Factory, Dollar Tree, Citi Trends and JoAnn Fabrics. Shadow anchored by a new 200,000 SF Walmart Supercenter. 89% NNN leased. Actual NOI $1.995M/yr. $25.745M. 7.75% cap.
  9. MOB in Gretna, LA: 15,920 SF newly renovated single tenant medical office building on over 2 ac lot in New Orleans suburbs. New 10-yrs NN lease to Octapharma Plasma, Inc. with 45 locations across the US. NOI $201K/yr. $2.785M. 7.25% cap.
  10. Retail Building in Glen Ellyn, IL: 12,600 SF retail center in growing and affluent area with an AHI of $115K/yr in a 1 mile ring. 100% NNN leased to two tenants. NOI $133K/yr. $1.78M. 7.50% cap.
(c) Transmercial 2016
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.


Tuesday, June 28, 2016

06-14: Retail Centers, Serrano's Mexican Restaurant, MOB, Professional Buildings, Shopping Centers



Daily Best Commercial Properties

  1. Retail Center in Westmont, IL: 33,980 SF well maintained retail center at a busy artery in affluent (AHI $110K/yr) area. 90% NNN leased. NOI $472K/yr. $5.9M. 8% cap.
  2. Serranon's Mexican Grill in Henderson, NV: 2574 SF single tenant restaurant constructed in 1999 on .69 ac lot in fast growing middle-class Las Vegas suburbs. 100% absolute NNN lease with 12 yrs left to an operator with four locations. NOI $86K/yr with 2% annual rent increases. $1.2M. 7.22% cap.
  3. Shopping Center in Stow, OH: 26,173 SF attractive shopping center on over 5 ac lot in upper middle-class neighborhood. Major tenants include: PNC Bank, Fringe Salon and Phoenix Express. 93% NNN leased. NOI $265K/yr. $3.2M. 8.29% cap.
  4. Shopping Center in Eau Claire, WI: 56,040 SF well kept shopping center on 7.23 ac lot anchored by Planet Fitness. With easy access to Hwy-53. 100% leased. NOI $389K/yr. $5.03M. 7.75% cap.
  5. Retail Center in East Providence, RI: 20,000 SF eye-catching retail center at a hard corner location in high income Providence MSA. 100% leased with good tenant mix. NOI $185K/yr. $2.595M. 7.13% cap.
  6. Office Building in Temecula, CA: 11,233 SF multitenant office building on .78 ac lot in Los Angeles suburbs. Visible from I-15. 100% leased. NOI $76K/yr. $1.1M. 6.93% cap.
  7. MOB in Bakersfield, CA: 60,423 SF Class-A consisting of two medical office buildings completed in 2005 on over 4 ac lot. Major tenants include: Dignity Health, GemCare, Accelerate Urgent Care, Quest Diagnostics and Childrens Hospital of Los Angeles. 95% NNN leased. Actual NOI $1.060M/yr. $16.312M. 6.50% actual cap. Upside potential.
  8. MOB in Surprise, AZ: 32,505 SF Class-B multitenant medical office building on over 4 ac lot in growing Phoenix suburbs. Close to Banner Del E. Webb Medical Center. 88% leased. NOI $268K/yr. $3.7M. 7.26% cap.
  9. Retail Building in San Marcos, CA: 8060 SF attractive retail center on .82 ac outparcel to Walmart and Kohl's in Southern California. Adjacent to Costco and with easy access to Hwy-78. 100% NNN leased to Lakeshore Learning and King Massage. NOI $214K/yr. $4M. 5.35% cap.
  10. Professional Center in Raleigh, NC: 17,300 SF Class-B multitenant office building constructed in 2000 in a fast growing area. Near I-440. 73% lease to medical and professional tenants. NOI $116K/yr. $1.45M. 8% cap.    
(c) Transmercial 2016
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.

Monday, June 27, 2016

06-13: CVS Pharmacy, MOB, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. Retail Center in Cary, NC: 20,232 SF attractive shopping center built in 2004 on 4.48 ac outparcel to Walmart Neighborhood Market in Durham/Raleigh metroStrong demographics: 81% population growth and an AHI of $154K/yr in a 1 mile ring. 100% NNN leased. NOI $328K/yr. $4.665M. 7.05% cap.
  2. CVS Pharmacy in Fremont, CA: 16,224 SF drug store completed in 2000 on .37 ac lot in affluent Silicon Valley with an AHI of $153K/yr. 100% NNN corp lease. Tenant recently exercised 1st 5 yr option. NOI $337K/yr. $7.95M. 4.24% cap.
  3. Retail Center in New Port Richey, FL: 20,800 SF well maintained shopping center on over 2 ac lot in fast growing Tampa suburbs. Along busy corridor. 82% NNN leased. Actual NOI $172K/yr. $1.97M. 8.73% actual cap. Upside potential.
  4. Strip Center in Elk Grove Village, IL: 7000 SF well maintained strip center in upper middle-class area. Close to I-290. 100% NNN leased to five tenants. NOI $109K/yr. $1.295M. 8.60% cap.
  5. MOB in Fairbanks, AK: 45,747 SF consisting of two well kept medical office buildings on over 6 ac lot in growing middle-class area. Major tenants include: Fresenius Medical Care, Dignity Health, Fairbank's U.S. Healthworks Urgent Care Facility. Close to 159-bed Fairbanks Memorial Hospital. 91% leased. NOI $593K/yr. $7M. 8.48% cap.
  6. Retail Center in Country Club Hills, IL: 11,924 SF attractive retail center built in 2003 on 1.66 ac lot at a signalized intersection in upper middle-class Chicago area. Shadow anchored by 203,000 SF Walmart Supercenter. Major tenants include: AT&T, Sprint and Game Stop. 90% NNN leased. NOI $213K/yr. $2.7M. 7.90% cap.
  7. Retail Center in Montebello, CA: 26,303 SF attractive retail center on 1.53 ac lot at a hard corner location in Los Angeles area. 87% NNN leased with long-term tenants. Actual NOI $367K/yr. $6M. 6.13% actual cap. Upside potential. 
  8. Retail Center in Georgetown, KY: 17,916 SF retail center on 1.83 ac lot in fast growing (794% pop growth) and upper middle-class (AHI $80K/yr) Lexington MSA. Shadow anchored by Walmart Supercenter and with easy access to I-75. 100% NNN leased with good tenant mix.  NOI $264K/yr. $3.3M. 8% cap.
(c) Transmercial 2016
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.

Friday, June 24, 2016

06-10: Family Dollar, MOB, Retail Buildings, Strip Centers


Daily Best Commercial Properties

  1. Retail Building in Eugene, OR: 15,986 SF attractive retail center at a hard corner location in a growing middle-class area. Shadow anchored by Fred Meyer grocery and adjacent to Home Depot and Lowe's. 72% NNN leased to Togo's, Sushi Island and CD World. NOI $214K/yr. $2.675M. 8% cap.
  2. Strip Center in Yuba City, CA: 8400 SF eye-catching strip center on over 1 ac corner lot in Sacramento MSA. 100% leased with good tenant mix including Subway and Little Caesars. NOI $98K/yr. $1.782M. 5.50% cap.
  3. Family Dollar in Los Angeles, CA: 8250 SF single-tenant retail building on .45 ac lot at a highly visible corer location in densely populated Los Angeles area with over 700,000 residents in a 5 mile ring. Close to Citadel Outlets and I-5. 100% NNN lease with 7 yrs left. NOI $150K/yr. $2.73M. 5.50% cap.
  4. Retail Building in Orland Park, IL:14,923 SF retail building renovated in 2007 on 1.53 ac lot at a signalized intersection in high income area with an AHI of $94K/yr. 100% NNN leased to Physicians Immediate Care, and Heavenly Massage. NOI $352K/yr. $4.7M. 7.50% cap.
  5. MOB in Sacramento, CA: 31,897 SF Class-B medical office building on 1.59 ac corer lot. Across from Kaiser Permanente and with easy access to Hwy-99. Tenants include: Kaiser Foundation Hospitals, Allstate and Child and Family Institute. Pro forma NOI $330K/yr. $5.2M. 6.35% pro forma cap.
(c) Transmercial 2016
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.



Thursday, June 23, 2016

06-09: Dollar Tree, Wellgate Sports Club, Sammy's, Strip Centers, Shopping Centers


Daily Best Commercial Properties

  1. Dollar Tree in Sacramento, CA: 12,928 SF attractive retail building on 1.27 ac lot at a signalized hard corner location. Close to Arden Fail Mall, Kaiser Permanente and Hwy-80. 100% NN lease with 5 yrs left. NOI $172K/yr. $2.945M. 5.85% cap.
  2.  Strip Center in Santa Ana, CA: 4179 SF attractive strip center built in 1997 at a signalized intersection in upper middle-class (AHI $75K/yr) Los Angeles suburbs. 100% leased. NOI $84K/yr. $1.68M. 5% cap.
  3. Retail Center in Spartanburg, SC: 8800 SF retail center constructed in 2007 on over 1 ac lot. Shadow anchored by Food Lion grocery. Close to Spartanburg Medical Center. Tenants include: Ultra Tan, Cashwell Financial, M&M Tan, Venetian Nail Salon, Hair Masters and China 1 Restaurant. NOI $116K/yr. $1.45M. 8% cap.
  4. Wellgate Sports Club in Redding, CA: 23,000 SF single-tenant elite fitness center on 2.20 ac lot. 100% NNN lease to an experienced operator with 9 yrs left. NOI $203K/yr with annual rent increases. $2.75M. 7.40% cap.
  5. Strip Center in Des Moines, IA: 12,000 SF attractive retail center on 1.48 ac outparcel to Home Depot, Office Max, Best Buy & PetSmart power center. Across from Walmart. 100% NNN leased to Jimmy John's, Aspen Dental & Verizon. NOI $246K/yr. $3.291M. 7.50% cap.
  6. Sammy's in Birmingham, AL: 6159 SF single tenant retail building on over 1 ac lot along busy corridor. Adjacent to major centers and with easy access to I-65. Tenant has been at this location for 27 yrs. 100% NNN lease with 4 yrs left. NOI $96K/yr. $1.175M. 8.24% cap.
(c) Transmercial 2016
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.

Wednesday, June 22, 2016

06-08: Zio's Italian Kitchen, Eye Clinic, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Zio's Italian Kitchen in Olathe, KS: 7662 SF Italian Restaurant on .44 ac outparcel to AMC/MAX Theatre in Kansas City metro. Adjacent to major Power Centers and close to I-35. 15 yrs absolute NNN corp lease with over 6 yrs left. NOI $286K/yr with 10% rent bumps every 5 yrs. Price reduced from $3.011M to $2.8M. 10.21% cap.
  2. Shopping Center in Morrow, GA: 65,217 SF attractive shopping center on over 6 ac lot in fast growing Atlanta metro. Across from Southlake Mall with over 90 stores. With easy access to I-75. 94% leased. Actual NOI $405K/yr. $3.95M. 10.26% cap. Upside potential.
  3. Neighborhood Center in Macon, GA: 111,324 SF well maintained shopping center on 22.75 ac lot. Anchored by DD's Discount, Ollie's Bargain Outlet, City Trend and CATO. Across from 1,100,000 SF Macon Mall. NOI $473K/yr. $5.2M. 9.11% cap.
  4.  Retail Center in O'Fallon, IL: 21,000 SF well kept retail center built in 1990 on 1.60 ac corner lot in growing and high income St. Louis suburbs with an AHI of $94K/yr. Near I-64. 61% leased. Actual NOI $238K/yr. $3.4K. $3.4M. 7% actual cap. Upside potential when fully leased.
  5. Eye Clinic in West Palm Beach, FL: 3111 SF single tenant building on .30 ac lot. Close to Good Samaritan Medical Center. Tenant has been in business for over 30 years. 100% NNN leased with 4 yrs left. NOI $78K/yr with CPI annual rent increases. $1.045M. 7.50% cap.
  6. Retail Center in Mansfield, TX: 14,265 SF high-quality-construction retail center completed in 2010 on nearly 2 ac lot. In booming (over 5000% pop growth since 2000) and affluent Ft Worth/Dallas MSA with an AHI of $125K/yr. 100% NNN leased. NOI $237K/yr. $2.9M. 8.20% cap.
  7. Shopping Center in Hampton, VA: 43,128 SF attractive shopping center along main retail corridor in a fast growing Norfolk suburbs. Across from Peninsula Town Center, an open air mixed-use development with 100 stores. NOI/Price N/A.
  8. Retail Center in Hilliard, OH: 21,099 SF well maintained retail center on 2.72 ac lot in affluent (AHI $114K/yr) Columbus MSA. Adjacent to Home Depot and Target. With easy access to I-270. NOI $257K/yr. $3.432M. 7.50% cap.
  9. Strip Center in Warrenville, IL: 15,100 SF attractive retail center at a signalized intersection in high income area with an AHI of $96K/yr. Tenants Include: Dairy Queen, Skincredible Tattoo, Angie V's Restaurant, A Cozy Fireplace and All About Caring Daycare. NOI $177K/yr. $2.5M. 7.10% cap. 

(c) Transmercial 2016
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.

Tuesday, June 21, 2016

06-07: CVS Pharmacy, Retail Plaza, MOB, Retail Centers, Shopping Centers


Daily Best Commercial Properties

  1. MOB in Maryville, IL: 31,567 multitenant medical office building completed in 2009 on 3 ac lot anchored by DaVita Dialysis in St. Louis MSA. Other major tenants include: Hangar Orthopedic, Quest Diagnostic, Anderson Hospital and Physiotherapy Associates. . Near Anderson Hospital. 78% leased. Actual NOI $426K/yr. $5.9M. 7.23% actual cap. Upside potential when fully leased.
  2. Retail Center in Lino Lakes, MN: 18,027 SF high quality construction retail center completed in 2005 on nearly 3 ac lot in Minneapolis suburbs. Shadow anchored by Target and Kohl's. With easy access to I-35W. 92% NNN leased with good mix of national and local tenants. Actual NOI $257K/yr. $3.4M. 7.58% cap.
  3. Retail Center in Woodstock, IL: 13,915 SF retail center in fast growing and upper middle-class Chicago Metro. Across from Walmart Supercenter. 80% NNN leased to Lucky Bernie's, Great Clips, Anytime Fitness and Benjamin F. Edwards & Co. NOI $173K/yr. $2.115M. 8.20% cap.
  4. Retail Center in Greenville, SC: 15,430 SF attractive 9-unit retail center built in 2006 on 1.76 ac lot in fast growing middle-class area. Adjacent to Home Depot. 92% NNN leased to strong local tenants. NOI $208K/yr. $2.6M. 8% cap.
  5. Shopping Center in Nicholasville, KY: 69,159 SF well maintained shopping center renovated in 2013 on nearly 7 ac lot in Lexington MSA. Shadow anchored by well-performing Kroger grocery. 90% NNN leased. NOI $377K/yr. $4.6M. 8.20% cap.
  6. Shopping Center in Palmdale, CA: 27,455 SF attractive retail center in a fast growing Los Angeles suburbs. Shadow anchored by Food 4 Less and Rite Aid. Major tenants: Subway, Sally Beauty, H&R Block, and Metro PCS. 100% NNN leased. NOI $463K/yr. $6.975M. 6.65% cap.
  7. CVS in Baltimore, MD: 12,608 SF drug store built in 1995 on .61 ac lot in middle-class area.  Tenant recently exercised 1st 5-yr option.  NOI $173K/yr.  Price reduced from $2.476M to $2.237M. 7.75% cap.
  8. Retail Center in Highland Springs, VA: 18,000 SF well kept retail center in fast growing Richmond suburbs. Close to I-64. $2.8M. NOI N/A.
  9. Retail Plaza in Wayne, MI: 25,587 SF well maintained retail center built in 1999 along main retail corridor. Shadow anchored by Rite Aid pharmacy. NOI $161K/yr. $2.35M. 6.88% cap.
(c) Transmercial 2016
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.

Monday, June 20, 2016

06-06: IHOP Restaurant, Mixed-use, Office Buildings, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Retail Center in Simi Valley, CA: 10,954 SF consisting of two well maintained retail centers on .84 ac lot in growing and high income (AHI $95K/yr in a 3 mile radius) Los Angeles suburbs. 100% NNN leased to nine tenants. NOI $158K/yr. $2.443M. 6.50% cap.
  2. Retail Center in Kennewick, WA: 12,000 SF attractive retail center on over 1 ac outparcel to Fred Meyer grocery.  Next to Hwy-395. 100% leased. $1.62M. NOI N/A.
  3. Retail Center in Los Angeles, CA: 21,302 SF retail center at a signalized corner location in densely populated area with over 1,300,000 residents in a 5 mile ring. National credit tenants include: AutoZone, Mother's Nutritional Center, Oportun and Pizza Hut. 100% NNN leased to seven tenants. NOI $467K/yr. $7.475M. 6.25% cap.
  4. Strip Center in Orlando, FL: 10,900 SF strip center built in 1999 on over 1 ac lot along major retail corridor. Across from Highland Lake Center with Marshalls, Fallas, Ross Dress for Less, and Burlington Coat Factory. Close to Hwy-408. 100% leased to Mattress Firm, Wing Stop and Sprint. NOI $158K/yr. $2.44M. 6.50% cap.
  5. Retail Center in Florissant, MO: 21,875 SF well kept retail center on 2.55 ac corner lot at a busy signalized intersection in middle-class St. Louis metro. 92% NNN leased with only one vacancy. NOI $238K/yr.  $2.65M.  9% cap.
  6. IHOP in Elgin, IL: 5043 SF  attractive IHOP Restaurant on .77 ac outparcel to Marcus Elgin Cinema in high-income Chicago suburbs. Close to Presence Saint Joseph Hospital and with easy access to Hwy-20. 100% NNN corp leased with 2 yrs left. NOI $200K/yr. with 10% rent bumps each 5 yr option. $2.43M. 8.25% cap.
  7. Oil Changers in Berkeley, CA: 2,097 SF auto center on .22 ac corner lot in densely populated Alameda County with an AHI of $89K/yr in a 1 mile radius. Tenant has been at this location since 1986. 100% absolute NNN lease with 7 yrs left. NOI $88K/yr with rent bumps. $1.476M. 6% cap.
  8. Mixed-use in Norcross, GA: 28,350 SF Class-B office/retail center on 1.79 ac lot at a major signalized intersection in Atlanta MSA. With easy access to I-85. 100% leased. NOI $337K/yr. $3.75M. 9% cap.
  9. Office Building in Cincinnati, OH: 32,987 SF  Class-B multitenant office building renovated in 1993 in growing and high income area with an AHI of $90K/yr in a 3 mile ring. Adjacent major tenants: Kroger, T.J. Max, Target, Big Lots, and Home Depot. Near I-275. 92% leased. 92% leased. Actual NOI $211K/yr. $2.2M. 9.62% cap.

(c) Transmercial 2016
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.