Please click here to see how Transmercial selects the following properties among 300-400 properties on the market today.
1. Boston Market in North Richland Hills, TX: 3263 SF franchised restaurant built in 1994 on .84 ac lot in stable Dallas-Fort Worth suburbs. Long term NNN lease. NOI $73K/yr. $963K. 7.65% cap.
2. Strip Center in San Bernardino, CA: 21,269 SF 8-unit retail center on 2.21 acres lot in business district close to I-215 and I-10. 97% NNN lease with below market rent. NOI $316K/yr. $3.949M. 8% cap.
3. Jack In the Box in Nashville, TN: 2857 SF restaurant built in 2001 on .91 acre parcel. 15 yrs NNN corp lease with 6 yrs remaining. Tenant jus resealed the parking lot. NOI $95K/yr. $1.05M. 9.11% cap.
4. Rite Aid in East Northport, NY: 10,908 SF drug store built in 2003 in upper middle class New York suburbs (AHI $117K/yr). 100% absolute NNN lease. NOI $462K/yr. $5.54M. 8.35% cap. Buyer to assume $4.325M loan at low 5.59% interest due in 2015.
5. Fourplex in Dana Point, CA: 4000 SF 4-plex in a wealthy coastal town (AHI $145K/yr) in Orange county. 100% occupied. NOI $51K/yr. $1.035M. 5% cap.
6. Medical Building in Oakland, CA: 17,425 SF 3-story medical office building developed in 2009 near the prestigious water-front Jack London Square. 100% NNN leased. NOI $353K/yr. $5.4M. 6.47% cap.
7. Shopping Plaza in Mansfield, TX: 31,184 SF 14-unit retail plaza built in 2001 on 3.28 acres corner lot in fast growing (150% since 2000) affluent (AHI $94K/yr) & dense trade area in Dallas metro. 95% NNN leased. NOI $562K/yr. $6.6M. 8.5% cap.
8. Shopping center in Knoxville, TN: 44,413 SF shopping center built in 1994 on over 12 acres lot with 3 frontages. Close to I-75. Shadow anchored by Kroger Supermarket. 88% NNN leased. NOI $498K/yr. $5.86M. 8.5% cap.
9. Office Building in San Jose, CA: 6093 SF free-standing high-quality construction vacant office building in South San Jose with easy access to hwy 101. Just $700K.
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