Welcome new investors. Each property has a brief description and an one-page flyer (attached). For a full marketing brochure, please email to maria@transmercial.com. Previous lists are posted on Transmercial’s blog after 2 weeks delay. Please click here to see how Transmercial selects the following properties among 300-400 properties on the market today.
AHI: Avg. Household Income
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.
1. Shopping Center in Tucson, AZ: 37,450 SF shopping center on 4.22 acres lot as part of a larger center at the intersection of 2 major arteries. 100% NNN leased to 2 national tenants: Michaels & Ace Hardware. Shadow anchored by CVS, Dollar Tree, and Checker Auto Parts. Across from Target, Office Max, Walgreens, Lowe’s, Big Lots, Office Depot, Fry’s Supermarket. NOI $354K/yr with strong rent bumps. $4.435M. 8% cap.
2. Walgreens in Brooklyn, NY: 12,360 SF brand new drug store in an area with over 2.5M residents in 5 miles ring. New 49 yrs NNN lease. NOI $720K/yr. $11.077M. 6.5% cap.
3. Auto Service Center in Tucker, GA: 10,840 SF multi-tenant auto service center on 1.16 acres lot in middle class North Atlanta suburbs. 100% NNN leased to 4 tenants. NOI $104K/yr. $1.1M. 9.5% cap.
4. Bevmo! in Glendale, AZ: 14,552 SF single-tenant retail center built in 2000 on 1.52 acres lot. 100% NNN sub-leased to Bevmo! with 101 locations in CA and AZ (lease is guaranteed by CVS and CVS subleases to Bevmo! at higher rent!). NOI $276K/yr. $3.79M. 7.3% cap.
5. Auto Service Center in Antioch, CA: 19,380 SF multi-tenant auto service center built in 2003 on 1.5 acres lot. 100% occupied. NOI $239K/yr. with annual rent bumps. $2.8M. 8.55% cap.
6. Shopping Center in Elk Grove, CA: 30,130 SF 16-unit inline shopping center right next to Hwy 99 exit in upper middle class Sacramento suburbs. Shadow anchored by Big Lots and CVS. 92% NNN leased with 2 small avail units. Current NOI $727K/yr. $7.27M. 10% cap.
7. Retail Center in Nipomo, CA: 10,190 SF retail center built in 2002 next to hwy 101 in a fast growing town near Santa Maria. Shadowed anchored by Ace Hardware and across from Vons and CVS. 100% NNN leased to 5 tenants. NOI $153K/yr. $1.83M. 8.38% cap.
8. Retail Center in Stockton, CA: 15,314 SF 8-unit shopping center built in 2008 on 1.84 acres lot. Shadow anchored by Walgreens and Costco. 58% NNN leased with current NOI of $275K/yr. $3.44M. Strong upside when 100% leased.
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