Friday, July 29, 2016

07-15: Rite Aid, Walgreens, Lumber Liquidators, MOB, Dollar Tree


Daily Best Commercial Properties

  1. Walgreens in Torrington, CT: 15,120 SF drug store built in 2001. Store with strong sales revenue of over $10M/yr.  100% NNN lease with over 5 yrs left. NOI $440K/yr. $6.519M. 6.75% cap.
  2. Dollar Tree in East Hartford, CT: 13,274 SF attractive single-tenant brick retail building on nearly 2 ac lot at a signalized corner location. 10 yrs NNN- corp lease. NOI $97K/yr. $1.498M. 6.50% cap.
  3. Shopping Center in Vallejo, CA: 30,782 SF retail center on 2.94 ac lot in San Francisco Bay area.  Anchored by 99 Cents Only Store. Close to Kaiser Permanente Medical Center. 100% leased to three tenants. NOI $349K/yr. $5.595M. 6.25% cap.
  4. Lumber Liquidators in York, PA: 8004 SF attractive retail building constructed in 1997 on 1.26 ac lot. Across from 764,514 SF York Galleria Mall and with easy access to Hwy-30. 100% NNN lease with 8 yrs left. NOI $100K/yr. $1.4M. 7.17% cap.
  5. Strip Center Germantown, WI: 5922 SF eye-catching strip center built in 2005 in Milwaukee metro. 100% NNN leased to four tenants including Starbucks Coffee. NOI $96K/yr. $1.378M. 7.01% cap.
  6. Retail Center in Stockbridge, GA: 28,800 SF shopping center on 2 acres lot in growing middle class Atlanta metro.  81% leased.  Current NOI $140K/yr. $2M. 7.05% cap. Strong upside when fully leased.
  7. MOB in Olathe, KS: 35,571 SF Class-B multitenant medical office building completed in 19998 on over 3 ac lot in Kansas City suburbs. Near I-35. 75% leased to multiple tenants. $3.2M. NOI N/A.
  8. Retail Center in Woodland, CA: 15,177 SF attractive retail center constructed in 2005 on 2.57 ac lot in growing upper-middle class area near Sacramento. Shadow anchored by Bel-Air Supermarket (owned by Raley's). 100% leased with good tenant mix including Anytime Fitness, Pizza Guys, Woodland Hearing Center and Quest Diagnostics. NOI $361K/yr. $5.44M. 6.65% cap.
  9. Rite Aid in Conyers, GA: 9780 SF Rite Aid Pharmacy at a hard corner location in Atlanta suburbs. With easy access to Hwy-278. Newly exercised 5 yrs NNN corp lease. NOI $169K/yr. $2.34M. 7.25% cap.
  10. Retail Center in Ogden, UT: 13,691 SF attractive retail center built in 1999 on over 1 ac lot in Salt Lake City suburbs. Shadow anchored by Fresh Market and Dollar Tree. Main tenants include: Subway, Domino's and Title Max. 68% NNN leased. Actual NOI $187K/yr. $2.208M. 8.50% 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.
 

Thursday, July 28, 2016

07-14: Professional Buildings, Pizza Hut, Fitness Evolution, DaVita, Cash America


Daily Best Commercial Properties

  1. Professional Building in Massapequa Park, NY: 9988 SF attractive and well maintained office building on .55 ac lot in affluent New York metro with an AHI of $136K/yr. Along Hwy-27. NOI $138K/yr. $1.985M. 7% cap.
  2. Multifamily in Long Beach, CA: 12-units apartment complex in densely populated (over 600,000 residents in a 5 mile ring) and middle-class area. 93% occupied. Actual NOI $145K/yr. $2.15M. 6.76% cap.
  3. Office Building in Miami, FL: 35,872 SF Class-A multitenant office building completed in 2008 on nearly 1 ac lot along busy corridor. Adjacent to American Care Medical Center and across from Walmart Supercenter. 100% NNN leased to Doctors, Lawyers and State of Florida. NOI $518K/yr. $7.98M. 6.50% cap.
  4. Pizza Hut in Memphis, TN: 3509 SF well kept fast food restaurant along main artery. Adjacent to 246-bed Methodist North Hospital and Walmart Supercenter. 100% absolute NNN lease with 5 yrs left. NOI $172K/yr. $2.15M. 8% cap.
  5. Fitness Evolution in Selma, CA: 31,000 SF currently being completely remodeled on over 3 ac lot in growing area just South of Fresno. Over $750K spend on renovations.  Next to Savemart Supermarket and with easy access to Hwy-99. 20 yrs absolute NNN lease to a strong Fitness Evolution franchisee with 46 units. NOI $300K/yr with 7.5% rent increases every 5 yrs. $4.285M. 7% cap.
  6. Retail Buildings in Suisun City, CA: 20,400 SF consisting of two attractive retail buildings on 1.32 ac lot in growing Fairfield in Northern CA. 100% leased to seven tenants. NOI $189K/yr. $2.8M. 6.75% cap.
  7. DaVita in Somerset, NJ: 8500 SF Class-A single-tenant 18 patient chairs dialysis center built in 2002 on over 1 ac lot in affluent New York MSA. Tenant has been at this location since 2002. Extended 15 yrs absolute NNN lease with over 10-yrs left.  NOI $160K/yr with 2% annual rent increases. $2.784M. 5.75% cap.
  8. Neighborhood Center in San Marcos, CA: 74,008 SF shopping center in growing middle-class San Diego suburbs. Across from Walmart and Kohl's Centers. On an off/on ramp of Hwy-78. 100% NNN leased to eleven tenants. NOI $1.413M/yr. $19.1M. 7.40% cap.
  9. Cash America in Greenville, SC: 6500 SF newly constructed single-tenant retail building on over 1 ac lot. Close to I-85. New 10 yrs absolute NNN corp lease. NOI $104K/yr with 10% rent bumps every 5 yrs. $1.601M. 6.50% cap.
  10. MOB in Lawrenceville, GA: 16,000 SF Class-B medical office building constructed in 2001 on 1.30 ac lot in growing Atlanta suburbs. Close to Gwinnett Medical Center and Hwy-316. 100% leased to multiple medical practices. NOI $131K/yr. $1.3M. 10.10% 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.

Wednesday, July 27, 2016

07-13: Office Buildings, Arby's Fast Food Restaurants, Auto Centers, Shopping Centers


Daily Best Commercial Properties

  1. Strip Center in Lansing, IL: 8308 SF retail center built in 2007 on .91 ac outparcel to a brand new 24-hour Walmart Supercenter South of Chicago. Close to I-94. 100% NNN leased to AT&T, Wing Stop, Checkers and CD One Price Cleaners. NOI $161K/yr. Price reduced from $2.487M to $2.395M. 6.75% cap.
  2. Retail Building in Charlotte, NC: 6800 SF strip center on .80 ac outparcel to Target at a visible hard corner location. Close to Carolinas Medical Center. Tenants include: Payless ShoeSource, Liberty Tax, Pizza Hut and Appalachia Cookie Company. 100% NNN leased. NOI $131K/yr. $1.75M. 7.54% cap.
  3. Office Building in Colorado Springs, CO: 10,705 SF Class-B multitenant office building on 1.26 ac lot along major corridor in a fast growing area. 100% leased to multiple tenants. NOI $120K/yr. $1.35M. 8.93% cap.
  4. Shopping Center in Rialto, CA: 25,353 SF attractive retail center on 1.78 ac lot with excellent visibility in growing San Bernardino County. Anchored by Family Dollar. 100% NNN leased. NOI $272K/yr. $4.123M. 6.6% cap.
  5. Retail Center in Grand Rapids, MI: 11,440 SF five-units retail center constructed in 2007 on 1.45 ac outparcel to Meijer grocery. NNN leased. NOI $228K/yr. $3.259M. 7% cap.
  6. Shopping Center in Bakersfield, CA: 87,803 SF shopping center at a signalized intersection. Anchored by Vons Grocery. Other major tenants include: Dollar General, Pizza Hut, Taco Bell, Auto Zone, Subway, Bank of  America among others. 87% leased.  Actual NOI $856K/yr. $13.45M. 6.37% cap.
  7. Retail Building in Ventura, CA: 6000 SF retail center on .33 ac lot in high income (AHI $92K/yr) Southern California. Close to 208-bed Ventura County Medical Center and Pacific View Mall with 145 stores. 100% leased. NOI $109K/yr. $1.65M. 6.66% cap. 
  8. Retail Center in Chino, CA: 13,077 SF attractive retail center completed in 2008 on 3.70 ac lot in growing and high income San Bernardino County with an AHI of $100K/yr. Shadow anchored by Stater Bros Market. 91% leased to national, regional and local tenants. Actual NOI $324K/yr. $5.897M. 5.50% cap.
  9. Arby's in Chandler, AZ: 3300 SF Arby’s restaurant renovated in 2008 on .83 ac lot in Phoenix suburbs. 100% NNN lease with 7 yrs left. NOI $110K/yr with 2% annual rent increases. $1.522M. 7.25% cap.
  10. Auto Center in El Cajon, CA: 11,913 SF consisting of two L-shaped auto centers on .85 ac lot along main retail corridor in San Diego suburbs. 100% leased to Precision Tune Auto, A1 AutoGlass, AutoRepair4Less &  S+S Auto Detailing. NOI $174K/yr. $2.9M. 6% 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, July 26, 2016

07-12: MOB, Retail Centers, Shopping Centers, Strip Centers



Daily Best Commercial Properties

  1. Strip Center in Sacramento, CA: 12,748 SF strip center built in 2008 on over 1 ac lot along busy corridor. Close to Kaiser Permanente and with easy access to Hwy-99. 66% leased. Actual NOI $127K/yr. $2.415M. 5.29% actual cap. Upside potential when fully leased.
  2. Retail Center in Largo, FL: 12,600 SF attractive retail center constructed in 2004 on 1.28 ac outparcel to Publix and Home Depot in St. Petersburg suburbs. Across from Largo Mall. 100% NNN leased with excellent tenant mix. NOI $261K/yr. $3.552M. 7.35% cap.
  3. MOB in Rolling Meadows, IL: 13,700 SF well kept single-tenant medical office building on 1.43 ac lot in growing and high income area. Close to Northwest Community Hospital and I-90. 100% absolute NNN lease with over 8 yrs left to Northwest Suburban Physicians with two locations. NOI $244K/yr with rent increases. $3.758M. 6.50% cap.
  4. MOB in Hobart, IN: 16,707 SF multitenant medical office building completed in 2008 on 2.31 ac corner lot in a fast growing area SE of Chicago. Adjacent to St. Mary's Hospital. 100% NNN leased to Fresenius, Michiana Hematology & Oncology and Peak. NOI $289K/yr. $4.137M. 7% cap.
  5. Shopping Center in Charlotte, NC: 19,523 SF consisting of two retail centers built in 2001 on over 3 ac lot in upper middle-class area. 85% NNN leased. Actual NOI $327K/yr. $4.5M. 7.27% actual cap.
  6. Retail Center in Pearland, TX: 11,850 SF newly constructed retail center on 1.50 ac outparcel to Walmart Neighborhood Market. Excellent demographics: 4,680% pop growth and AHI of $124K/yr in a 1 mile ring. 100% leased.  NOI $302K/yr. $4.488M. 6.75% cap.
  7. Retail Center in McKinney, TX: 19,707 SF retail center built in 2003 on 2.10 ac lot in fast growing Dallas MSA. Adjacent to Power Centers with Walmart Supercenter, Sam's Club, Home Depot and Lowe's. Near Hwy-121. 100% leased with solid tenants. NOI $358K/yr. $5.2M. 6.90% cap.
  8. Strip Center in Milwaukee, WI: 8034 SF strip center built in 2012 on .82 ac lot along main retail corridor. 100% NNN leased to Mattress Firm, T-Mobile and UBreakiFix. NOI $182K/yr. $2.407M. 7.60% cap.
  9. Strip Center in Ridgeland, MS: 11,045 SF strip center along main retail artery. Adjacent to Northpark Mall and across from Walmart Supercenter. Tenants include: Extreme Wheels, Tailor Made Tuxedos & Suites, Bridesmart LP, Create a Shirt and Wireless Wizard. NOI $205K/yr. $1.975M. 6% cap.
  10. Retail Building in Oakland, CA: 10,096 SF well maintained retail building constructed in 2010 at a signalized location. Close to I-880. 100% leased to eight tenants. NOI $101K/yr. $1.85M. 5.50% 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.

Monday, July 25, 2016

07-11: Rite Aid, CVS Pharmacy, Goodwill, Imaging center, Retail Centers,


Daily Best Commercial Properties

  1. Retail Building in Deer Park, IL: 5029 SF retail building constructed in 2006 in affluent neighborhood with and AHI of $170K/yr in a 1 mile ring. 100% NNN leased to Jamba Juice and AT&T. NOI $196K/yr. $5.029M. 6.35% cap.
  2. Rite Aid in Enterprise, AL: 14,564 SF drug store on over 2 ac lot at a signalized corner location in a growing middle-class area. Next to Hwy-84. 100% NNN leased with 9 yrs left. NOI $290K/yr. $4.15M. 7% cap.
  3. CVS Pharmacy in Kissimmee, FL: 10,908 SF single tenant CVS Pharmacy built in 2000 on 1.35 ac lot at a hard corner location. Adjacent to major center with Goodwill and across from Winn-Dixie grocery and Dollar Tree center. 20 yrs corp lease with 4 yrs left. NOI $292K/yr. $4.329M. 6.75% cap.
  4. Retail Center in Dallas, TX: 13,400 SF well maintained retail center on over 1 ac outparcel to 500,000 SF Power Center with  Walmart Supercenter and Lowe's. With easy access to I-30. 100% leased to seven tenants. NOI $364K/yr. $5.395M. 6.75% cap.
  5. MOB in Savannah, GA: 6651 SF 2-story medical office building in a growing area. Between Candler, Memorial and St. Joseph's Hospitals. 100% NNN lease with 10 yrs left to a Medical Imaging tenant.  NOI $156K/yr. with up to 2% annual rent bumps. $2M. 7.8% cap.
  6. Goodwill in Phoenix City, AL: 15,800 SF built-to-suit single tenant retail building on 2.48 ac lot in Columbus suburbs. Along Hwy-431.  100% absolute NNN lease with over 17 yrs left. NOI $248K/yr. $3.821M. 6.50% cap.
  7. Neighborhood Center in Las Vegas, NV: 117,096 SF attractive shopping center on over 15 acres of land anchored by Albertsons grocery. At a highly visible and busy intersection.  76% NNN leased. Actual NOI $1.723M/yr. $25.5M. 6.76% actual cap. Upside potential when fully leased.
(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.


07-08: Econo Lube N Tune, MOB, Office Buildings, Shopping Centers, Strip Centers


Daily Best Commercial Properties

  1. Office Building in Santa Rosa, CA: 6230 SF well maintained office building in growing middle-class Sonoma County. Close to Kaiser Permanente and Hwy-101. 100% leased to four tenants. NOI $59K/yr. $1.05M. 5.67% cap.
  2. Retail Building in Victorville, CA: 47,650 SF well kept retail building on over 5 ac lot at a signalized intersection in San Bernardino County. 100% leased by two national tenants: dd's Discount operated and guaranteed by Ross Dress for Less, and Fallas a strong operator with over 350 stores. NOI $285K/yr. $4.752M. 6% cap. Just $100/SF!
  3. Econo Lube N Tune in Anaheim, CA: 2710 SF well kept single tenant auto center on .36 ac lot at a signalized corner location. Good demographics: densely populated (over 600,000 residents in a 5 mile ring) and upper middle-class (AHI $84K/yr in a 5 mile ring) Los Angeles area. 100% NN lased with 5 yrs left. NOI $73K/yr with 3% annual rent increases. $1.465M. 5% cap.
  4. Retail Building in Raleigh, NC: 6400 SF attractive single tenant retail building at a visible corner location in a fast growing area. Outparcel to Burlington Coat Factory center. New 7 yrs NNN lease to Beauty Mega, Inc. a cosmetic & beauty supply store. NOI $76K/yr. $960K. 8% cap.
  5. Retail Center in Perkin, IL: 8400 SF retail center constructed in 2006. Adjacent to major retailers such as: Walmart Supercenter, Menards, Dollar Tree, Gold's Gym, ALDI grocery among others. 100% leased to national/regional tenants. NOI $109K/yr. $1.352M. 8.13% cap.
  6. Retail Center in Riverton, UT: 15,000 SF attractive retail center constructed in 2009 on 1.47 ac lot in growing and high income (AHI $104K/yr) Salt Lake City suburbs. 100% leased to five tenants. NOI $234K/yr. $2.809M. 8.33% cap.
  7. Strip Center in San Antonio, TX: 11,883 SF attractive strip center at a signalized corner location. In a fast growing and high income area. All units face main corridor. 100% leased. 7.50% cap.
  8. Retail Center in Orlando, FL: 11,700 SF beautiful retail center completed in 2007 at a corner location. All units face Hwy-17. Across from Gatorland, a 110-acre theme park. 100% leased. Proforma NOI $218K/yr. $3.2M. 6.84% proforma cap.
  9. MOB in Agoura Hills, CA: 51,775 SF Class-B multitenant medical office building on nearly 4 ac lot in affluent Los Angeles suburbs with an AHI of $149K/yr in a 1 mile ring. Next to Hwy-101. Tenants include: Pediatrics, Gastroenterology, Pathology, Orthopedic Surgery, Ophthalmology and Dentistry. 91% leased. $907K/yr. $15M. 6.05% cap.
  10. KFC in Power Springs, GA: 2867 SF well maintained franchised fast food restaurant on .79 ac corner lot in growing Atlanta suburbs. 100% absolute NNN lease with over 15 yrs left to a strong operator with 361 units. NOI $60K/yr with 10% rent bumps every 5 yrs. $1.008M. 6% 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.

07-07: China Star Buffet Restaurant, Office Buildings, Medical Buildings, Shopping Centers


Daily Best Commercial Properties

  1. China Star in North Las Vegas, NV: 6300 SF attractive buffet restaurant built in 2007on 1.30 ac lot at a signalized corner location in densely populated & growing middle-class area. Along main retail corridor and across from Home Depot, Walgreens center. Tenant has been at this location since 2007. 100% absolute NNN lease with over 10 yrs left and no landlord responsibilities. NOI $166K/yr. Price reduced from $2.05M to $1.99M. 8.36% cap.
  2. Retail Center in Fort Worth, TX: 18,900 SF eye-catching retail center completed in 2006 on 1.73 ac corner lot. Good demographics: 1,270% pop growth since 2000 & affluent neighborhood with an AHI of 109K/yr in a 1 mile ring. 100% leased. NOI $198K/yr. $2.841M. 7% cap.
  3. Retail Center in Jacksonville, FL: 9000 SF retail center built in 2003 on over 1 ac lot. Adjacent to Publix Supermarket shopping center. Close to 304-bed Mayo Clinic Hospital. On an off/on ramp of Hwy-202. NNN leased. $999K. NOI N/A.
  4. Office Building in Ridgewood, NJ: 12,964 SF Class-B multitenant office building on .29 ac corner lot in affluent (AHI of $177K/yr in a 1 mile ring) New York metro. Leased to retail and professional practices. NOI $227K/yr. $2.8M. 8.14% cap.
  5. Retail Center in Maricopa, AZ: 13,572 SF retail center built in 2006 on 1.38 ac lot in growing Phoenix suburbs. Main tenants include: Penascos Mexican Restaurant, Domino's Pizza, Healthy Smiles Dental Group and ACTS medical Office. 100% NNN leased. NOI $262K/yr. $4.037M. 6.50% cap.
  6. Retail Center in Florence, OH: 24,911 SF retail center constructed in 2006 on 1.60 ac lot in growing middle-class Cincinnati suburbs. Shadow anchored by 203,091 SF Walmart Supercenter. Major tenants include: Jersey Mike's, Liberty Tax, Sally Beauty and Fantastic Sams. 100% NNN leased. NOI $432K/yr. $6.18M. 7% cap.
  7. Strip Center in Ogden, UT: 12,470 SF attractive strip center on over 1 ac lot along busy retail corridor in Salt Lake City suburbs. 86% NNN leased. Actual NOI $120K/yr. $1.56M. 7.71% actual cap. Upside potential when fully leased.
  8. MOB in Alabaster, AL: 9760 SF Class-B medical office building on .73 ac lot in Birmingham MSA. Across from Shelby Baptist Medical Center. 100% leased to multiple medical practices. NOI $85K/yr. $1.217M. 7% cap.
  9. Strip Center in San Diego, CA: 9840 SF well maintained strip center along busy corridor. With easy access to I-5. 83% leased to six tenants. Actual NOI $120K/yr. $1.9M. 6.4% actual cap. Upside potential when fully leased.
(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.

07-06: Golden Corral, Mini Mall, Big O Tires, Shopping Centers, DaVita Dialysis Center


Daily Best Commercial Properties

  1. Shopping Center in Riverdale, GA: 69,480 SF attractive shopping center on 9.66 ac lot along busy corridor in growing Atlanta metro. 98% leased. Actual NOI $451k/yr. $4.1M. 11% actual cap. Upside potential.
  2. Golden Corral in Indianapolis, IN: 10,900 SF buffet & grill restaurant built in 2004 on over 3 ac lot along major retail artery. Between I-65 and I-465. 20 yrs absolute NNN corp lease with 10 yrs left. NOI $140K/yr with 5% rent bumps in yr 11 and 16. $2.082M. 6.75% cap.
  3. Professional Buildings in Montclair, CA: 42,392 SF consisting of four well maintained professional buildings on 4 ac lot in San Bernardino County. Adjacent to Montclair Hospital Medical Center. 90% leased to medical & professional tenants. NOI $416K/yr. $7.82M. 5.33% cap.
  4. Shopping Center in Arlington, TX: 32,012 SF well maintained shopping center on over 3 ac lot in growing and high income (AHI $92K/yr) Ft. Worth/Dallas suburbs. Close to I-20 and Hwy-287. 100% leased with good tenant mix including Tuesday Morning, Geico Insurance. Mostly NNN leased.  NOI $339K/yr. $4.32M. 7.87% cap.
  5. Office Building in Springfield, IL: 8024 SF attractive multitenant office building across from White Oaks Mall. 100% NNN leased. NOI $97K/yr. $975K. 10% cap.
  6. Mini Mall in Merced, CA: 39,626 SF well kept shopping center on 3.20 ac lot at a signalized intersection. 82% NNN leased with national & strong local tenants. Actual NOI $342K/yr. $5.35M. 6.40% cap.
  7. Zio's 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. $2.8M. 10.21% cap. 
  8. Big O Tires in Concord, CA: 5937 SF auto center on .31 ac lot along busy corridor in Contra Costa County. 100% absolute NNN lease with 12 yrs left. NOI $102K/yr with a rent increase. $1.85M. 5.50% cap.
  9. Shopping Center in Lancaster, PA: 70,692 SF attractive shopping center in a fast growing middle-class area. 100% leased. NOI $341K/yr. $5.255M. 6.5% cap. Upside potential as most rents are well below market rent.
  10. DaVita in Longview, TX: 18,412 SF Class-A single tenant dialysis center on 1.77 ac lot. Close to Select Specialty Hospital. Recently extended NNN lease with over 8 yrs left. NOI $230K/yr with 4% rent bumps every 5 yrs. $3.835M. 6% 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, July 19, 2016

7-05: MOB, Professional Buildings, Advance Auto Parts, Shopping Centers, Strip Centers



Daily Best Commercial Properties

  1. MOB in Bakersfield, CA: 5733 SF Class-B single tenant medical office building on .58 ac lot. Near Bakersfield Memorial Hospital. New 10 yrs NNN lease to Dignity Healthcare, a credit tenant operating 42 hospitals throughout USA. NOI $67K/yr with 3% annual rent increases. $1.04M. 6.50% cap.
  2. Retail Buildings in Fort Worth, TX: 30,528 SF retail center consisting of three attractive retail buildings in a fast growing area. Shadow anchored by Lowe's and 24 Hour Fitness and Best Buy. Major tenants include: Baylor Institute for Rehabilitation Outpatient Services, Edible Arrangements, Mattress Firm, Cinnabon and Verizon Wireless. With easy access to I-820. 91% NNN leased. 7.75% cap. NOI & price N/A.
  3. Shopping Center in Waldorf, MD: 45,395 SF shopping center built in 2002 on 5.86 ac lot anchored by Food Lion grocery in high income (AHI $103K/yr) Washington MSA. Close to 981,000 SF St Charles Towne Center. 100% NNN leased. NOI $582K/yr. $7.667M. 7.60% cap.
  4. Shopping Center in Victorville, CA: 21,800 SF attractive shopping center on 1.66 ac lot in growing middle-class San Bernardino County. Shadow anchored by Rite-Aid Pharmacy and Stater Bros Supermarket. Close to The Mall of Victor Valley. 94% NNN leased with excellent tenant mix including Metro PCS, Little Caesar's Pizza, Cash 4 Gold, Liberty Dental among others. NOI $474K/yr. $7.7M. 6.16% cap. Upside potential when fully leased.
  5. Strip Center in San Jose, CA: 3096 SF well kept strip center along busy corridor in upper middle-class Silicon Valley. 100% leased to Las Delicias and Cricket Cell Phone. NOI $129K/yr. $1.875M. 6.93% cap.
  6. MOB in Clinton Township, MI: 15,763 SF attractive medical office building constructed in 1995 on nearly 2 ac lot along busy corridor. 100% NNN leased with over 5 yrs left to Mount Clements Regional Medical Center. NOI $206k/yr with annual rent increases. $2.95M. 7.01% cap.
  7. Professional Building in Ventura, CA: 8102 SF Class-A multitenant office building on over 1 ac corner lot in growing and upper middle-class Southern California. 95% leased. NOI $99K/yr. $1.65M. 6% actual cap. Upside potential.
  8. Advance Auto Parts in Kansas City, MO: 7000 SF single tenant retail building constructed in 2001. Tenant has been at this location since 2001. Recently extended lease with 11 yrs left. $1.6M. NOI N/A.
(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.