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. National average is about $50+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.
1. Burger King in Phoenix, AZ: 3600 SF fast food restaurant on .8 acre lot. Shadow anchored by Walgreens and Albertson’s supermarket. 100% absolute NNN leased to a multi-unit operator. NOI $90K/yr. with 5% rent bump every 5 yrs. $1.2M. 7.5% cap.
2. Retail Center in Los Angeles, CA: 2090 SF 2-unit retail strip in an affluent area near Beverly Hills (AHI $134K/yr). 100% NNN lease to Subway, and Yogo Frozen Yogurt. NOI $107K/yr. $1.385M. 7.76% cap.
3. Burger King in Avondale, AZ: 3300 SF restaurant on .87 ac lot in Phoenix metro. 100% NNN leased to a multi-unit operator. NOI $80K/yr. with 3% rent bump every 3 yrs. $1.066M. 7.5% cap.
4. REO Apartments in Austin, TX: 325-unit garden-style 2-story apartments on over 16 acres lot. Amenities include two sparking swimming pools, a fitness center, four onsite laundry facilities and a playground area. Pro forma NOI $781K/yr. $10.4M. 7.51% cap.
5. Retail Center in Los Angeles, CA: 9929 SF upscale retail center adjacent to University of Southern CA in densely populated area (over 1.3M residents within 5 miles). 100% NNN leased to 6 tenants. NOI $373K/yr. $5.33M. 7% cap.
6. Advance Auto Parts in Elizabeth, NJ: 7000 SF auto parts store built in 2007 in middle class area 45 minutes from NY city. 100% NNN- lease. NOI $257K/yr. $3.214M. 8% cap.
7. Business Center in Suwanee, GA: 6175 SF free-standing building on .79 acre lot in affluent Atlanta suburbs (AHI $99K/yr). 90% leased. NOI not avail. Just $796K.
8. Strip Center in Carmichael, CA: 8500 SF 7-unit strip center on ¾ ac lot in upper middle class Sacramento metro. NOI $120K/yr. $1.499M. 8% cap.
9. Shopping Plaza in Dallas, TX: 16,000 SF well-maintained multi-tenant shopping plaza on 1.28 acres lot. 87% leased to 7 tenants. NOI $164K/yr. $1.65M. 9.97% cap.
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