08-25: Shopping centers, AutoZone, Walgreens, Office Building

FREE “How to invest in commercial real estate” seminar/webinar. 

Date: Sat Sept 24, 2011

Time: 8:55AM to 11:30AM PST

Place: Transmercial at 1340 Tully Rd.  suite 307.  San Jose CA 95122

You can also attend the seminar remotely if you have a PC with Internet access (to see the presentation) and phone (to listen in and ask questions).

Presenter: David Tran

This seminar is intended for investors who would like to understand the fundamentals of commercial real estate investment:

• Compare commercial vs. residential investment properties.
• Commercial real estate terminology: cap rate, NOI, etc.
• Which property type should you invest? Shopping strip, Office building, Apartment, or Gas station? Single tenant or multi-tenant properties?
• How to choose a good investment property.
• Investment returns
• National demographic trends that may influence on where to invest
• Where should you invest?  
• Leases: gross lease, net lease, & percentage lease. Which one investors prefer?
• Property Management issues.
• What you should know about financing for commercial properties.
• The offer process, due diligence.

Please use attached form for reservation for both seminar and webinar. Webinar instruction will be emailed 1 week before the presentation date.

1. Shopping center in Lake Saint Louis, MO: 75,850 SF shopping center next to I-64 in high growth (63% since 2000) & affluent (AHI $116K/yr in 1 mile radius) Saint Louis suburbs.  Anchored by TJ Maxx, Sports Authority and co-anchored by Lowes. 100% NNN leases.  NOI $909K/yr. $10.1M. 9% cap. 
2. Shopping Center in Beaumont, TX: 80,491 SF neighborhood center on over acres lot in high income area.  Anchored by 30,000 SF Stein Mart.  100% NNN lease to 15 tenants.  NOI $1.026M. $11.5M. 8.93% cap. 
3. AutoZone in Carpentersville, IL: 7500 SF retail center on an outparcel to a 100,000 SF shopping center.  Next to Spring Hill Mall in upper-middle class Chicago metro. 100% NNN lease with 8.5 yrs left.  NOI $90K/yr.  $1.2M. 7.5% cap. 
4. Walgreens in Tinley Park, IL: 13,905 SF Walgreens built in 1999 on 1.79 acres lot at a signalized corner in high income Chicago metro.  100% NNN- with 8 yr remaining.  NOI $277K/yr.  Store with very strong sales of over $9.25M (very low 3% rent to income ratio means highly profitable store and lease renewal very likely).  $3.462M. 8% cap. 
5. Banked-owned Office/R&D Building in Morgan Hill, CA: 20,797 SF high-quality R&D building completed in 2002 on 1.67 acres lot in affluent Silicon Valley suburbs (AHI $123K/yr).  Easy access to Hwy 101.  Sold in 2003 for $4.2M. $1.495M. Strong upside potential when 100% leased.

© Transmercial 2011.