11-16: Pep Boys, RaboBank, Fresh & Easy, Jiffy Lube, Church's Chicken, Buffalo Wild Wing, Pizza Hut

1. Pep Boys Auto in Kingwood, TX: 3950 SF Pep Boys built in 1995 on .728 ac lot in high income Houston suburbs.  10 yrs absolute NNN corp lease.  NOI $76K/yr with 10% rent bumps in all options. $1.084M. 7% cap. 
2. RaboBank in Corning, CA: 5300 SF bank built in 2006 on 1.06 acres next to I-5 in Northern CA.  15 yrs NNN corp lease to RaboBank (S&P AAA) is among 10 largest and safest banks in the world by Global Finance Magazine with over 100 locations in CA alone.  NOI $130K/yr with 2% annual rent bump.  $2.181M. 6% cap. 
3. Fresh & Easy market in Napa, CA: 19,204 SF Fresh & Easy Neighborhood Market on 1.84 acres lot in high income city in wine country. 100% NNN- with 18 yrs left.  NOI $432K/yr with 10% rent bumps every 5 yrs.  Price reduced to $6.75M. 6.4% cap. 
4. Shopping Plaza in Lisle, IL: 13,500 SF shopping plaza on 1.15 ac lot in affluent town (AHI $118K/yr in 3 miles) in Chicago suburbs.  NOI $154K/yr.  $1.93M. 8% cap. 
5. Jiffy Lube in Las Vegas, NV: 3960 SF Jiffy Lube on 1/3 ac outparcel in high income area (AHI $89K/yr in 1 mile).  Long term NNN lease to Heartland Automotive Services Inc, the largest franchisee of Jiffy Lube with approximately 450 locations.  NOI $122K/yr. with 2% annual rent bump. $1.742M. 7% cap. 
6. Church’s Chicken in Los Angeles, CA: 1112 SF restaurant on a corner lot in densely populated area with more than 1M residents in 5 miles.  100% absolute corp NNN lease with 13 yrs left.  NOI $48K/yr with 1.5% annual rent bumps.  $770K.  6.2% cap. 
7. Buffalo Wild Wings in Douglasville, GA: 5428 SF Buffalo Wild Wings Restaurant and Sports Bar built in 2004 on 1 ac lot with I-20 visibility and adjacent to the successful Arbor Place Mall in Atlanta metro.  100% NNN corp lease with 8 yrs left.  NOI $177K/yr.  $2.223M. 8% cap. 
8. Pizza Hut in Louisville, KY: 3113 SF restaurant on .6 ac corner lot across from Walgreens.  15 yrs NNN lease to a franchisee with 20+ locations.  NOI $79K/yr with 12% rent bump every 5 yrs. $1.057M. 7.5% cap.

© Transmercial 2011

11-15: SunTrust, Walgreens, Shopping centers, Advance Auto, Medical Office Building, CVS

1. SunTrust Bank in Coconut Creek, FL: 4 yrs old bank on .78 ac lot across from upscale The Promenade at Coconut Creek center in well-off Miami suburbs. 17-yrs remaining on absolute NNN corp ground lease. NOI $275K/yr with 10% rent increases every 5-yrs. $3.999M. 6.88% cap. 
2. Walgreen’s in Holly Hill, FL: 13,662 SF pharmacy built in 1998 on 1.6 ac corner lot near I-95 North of Daytona Beach. 100% NNN- corp lease till 2018. NOI $267K/yr. $3.337M. 8% cap.  
3. Retail Center in Frisco, TX: 5200 SF retail center constructed in 2008 across from Wal-Mart and Kroger anchored centers in wealthy & growing Dallas suburbs. 100% NNN leased to 2-tenants: Massage Green & Advanced Family Eye Care. NOI $137K/yr. $1.6M. 8.58% cap.  
4. Shopping Center in Lewisville, TX: 29,079 SF high-quality constructed and well-maintained 2-building shopping center on 3+ acres of land. Shadow-anchored by Wal-Mart. Close to I-35E and in fast growing North of Dallas metro. 91% leased. Current NOI $370K/yr. $4.5M. 8.23% cap.  
5. Retail Center in Morristown, TN: 9948 SF retail center built in 2002 shadow anchored by Wal-Mart Supercenter, Hobby Lobby, Dollar Tree and Ross Dress for Less. Across from Walters State Community College. 100% leased to strong national and regional tenants. NOI $170K/yr. $2.5M. 8.30% cap.  
6. Advance Auto Parts (S&P BBB-) in Richmond, VA: 8075 SF relocated single-tenant retail store constructed in 2008 on .87 ac outparcel to Food Lion anchored center. NNN- corp lease till 2023. NOI $113K/yr with rental increases in each option term. $1.57M. 7.50% cap.  
7. Shopping Center in Orlando, FL: 32,538 SF newly constructed shopping center on 5.40 acres in densely populated area. Anchored by Planet Fitness Gym and shadow-anchored by Wal-Mart Supercenter. Near Universal Studios Orlando. 89% leased. NOI $415K/yr. $5.87M. 7.08% cap.  
8. Medical Building in Arroyo Grande, CA: 3750 SF single-tenant medical building next to Arroyo Grande Community Hospital in Southern California coastal city. 100% NNN leased. NOI $65K/yr. $860K. 7.67% cap. 
9. Retail Center in Reno, NV: 14,111 SF retail center built in 2008 between CVS Pharmacy and Fresh & Easy grocery store. Across from The Home Depot, Office Depot, Petco and Ross. 100% leased to national, regional & local tenants. NOI $394K/yr. $5.443M. 7.25% cap. 
10. CVS in Lakeland, FL: 12,772 SF CVS pharmacy built in 1999 at an intersection in affluent city (AHI $101K in 1 mile) between Tampa and Orlando. 100% corp NNN lease till 2019.  NOI $185K/yr with rent bumps in all 5-yr options.  Store sales of over $5.5M (low 3.4% rent to income ratio).  $2.5M. 7.3% cap.

© Transmercial 2011.

11-14: Best Buy, Shopping Center Family Dollar, Chase Bank

Welcome new investors.  Each property has a brief description and a flyer (attached).  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 between $700K-$20M on the market today (please advise if you are interested in properties above $20M).  Underlined names if any indicate safe hyperlinks that you can click for more info.

For a full marketing brochure, please forward the email to maria@transmercial.com and specify the property number.  We may ask you for feedback later for the listing broker.  If so, please cooperate.

• 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. Best Buy in Sioux City, ID: 48,035 SF single-tenant retail center built in 1996 as part of Western Mall.  100% NNN- corp lease.  Tenant has been at this location since 2001 and has just renewed for 10 yrs.  NOI $420K/yr.  $5.4M. 7.78% cap. 
2. Shopping Center in Farmington, MI: 27,620 SF retail center on 3 ac lot in affluent and stable Detroit suburbs (AHI $117K/yr in 3 miles).  100% NNN leased to Gordon Food Service ($5.5B company), and Advance Auto.  NOI $410K/yr. $5.664M. 7.25% cap. 
3. Family Dollar in McDonough, GA: 8000 SF Family Dollar store under construction in fast growing Atlanta metro.  Long term NNN- corp lease.  NOI $136K/yr. $1.64M. 8.3% cap. 
4. JP Morgan Chase in Phoenix, AZ: 3106 SF 3 yrs old bank on .78 ac lot on a major artery.  100% NNN lease to Chase (S&P A+).  NOI $137K/yr with 10% rent bump every 5 yrs.  $2.119M. 6.5% cap. 
5. Retail Center in Moreno Valley, CA: 23,888 SF retail center on 2.19 ac lot. Shadow anchored by Cardenas Market, a regional tenant with 30 locations in CA and NV. 100% leased to 3 tenants.  NOI $213K/yr. $2.499M. 8.52% cap.
6.  Strip Mall in Austin, TX: 9750 SF multi-tenant strip mall with I-35 frontage in fast growing & high income (AHI $89K/yr) area.  100% leased to 2 retail and 2 dental tenants.  NOI $264K/yr. $3.11M. 8.5% cap.

© Transmercial 2011.

11-11: Neighborhood center, Apartments, Dollar General, Burger King

1. Neighborhood Center in Kansas City, MO: 143,171 SF shopping well maintained & established grocery store anchored shopping center close to I-435 in fast growing & affluent (AHI $102K/yr within 3-miles) South of Kansas City. 93% NNN leased. NOI $786K/yr. $8.279K. 9.5% cap. Just $53/SF! 
2. Shopping Center in Desoto, TX: 89,380 SF shopping center on 7.54 acres lot in Dallas metro. Tenants include Big Lots!, dd Discount, Family Dollar, Citi Trend.  Across from Tom Thurmb grocery anchored center. 82% leased. NOI $384K/yr. $4.3M. 8.94% cap. 
3. Apartments in Hayward, CA: 23-units two-story well-managed multifamily building on .74 ac lot Silicon Valley.  Next to BART Station.  100% Occupied. $2.795M. 7.63% cap. 
4. Retail Center in Hollywood, FL: 15,746 mature retail center close to Memorial Hospital Pembroke and Hwy-817. In densely populated North Miami metro. 100% leased. NOI $173K/yr. $2.99M. 8% cap. 
5. Dollar General in Acworth, GA: 9375 SF recently remodeled retail building on 1.40 ac lot adjacent to Advance Auto Parts. Near Hwy-92 and in fast growing Atlanta suburbs. NNN- leased till 2019. NOI $80K/yr. $932K. 8.65% cap. 
6. Strip Center in Austin, TX: 9750 SF newly constructed retail/medical center adjacent to 24-Hour Fitness and next to I-35. Surrounded by national tenants such as: Wal-Mart, Best Buy, HEB, Petco, and Lowes. 100% leased. NOI $264K/yr. $3.11M. 8.5% cap. 
7. Burger King in Oshkosh, WI: 3664 SF soon to be remodeled restaurant near University of Wisconsin Oshkosh. New 20-year NNN lease to a very experienced franchisee. NOI $115K/yr with 7.5% rent increases every 5-yrs. $1.586M. 7.25% cap.  $325,000 to be held in escrow for remodeling after closing.

© Transmercial 2011.