07-16: Walgreen's, MOB, Auto Center, Mixed-use, Retail Centers, Apartments

1. Retail Center in Waukegan, IL: 12,430 SF well kept retail center in growing Chicago suburbs. Across from Target and Jewel-Osco Grocery. 89% NNN leased to Harris Bank, EZPawn and Virgin Mobile. NOI $166K/yr. Price reduced from $2.165M to $1.85M. 9% cap.
2. Walgreen’s in Fort Worth, TX: 15,120 SF Walgreen’s Pharmacy on 1.60 ac lot at a hard corner location. 20-yrs NNN- lease with 5-yrs left. NOI $296K/yr. $4.553M. 6.50% cap.
3. MOB in Idaho Falls, ID: 8946 SF completely remodeled single-tenant medical office building on 1 ac corner lot in growing upper middle-class area. Near Eastern Idaho Regional Medical Center.  100% NNN leased with 5-yrs left to Hospital Corporation of America, a non-profit healthcare provider managing 162 hospitals and 113 free-standing surgery centers. NOI $122K/yr. $1.468M. 8.37% cap.
4. MOB in Kennewick, OR: 48,791 SF Class-A medical office building at a four corner location in fast growing area. Close to Home Depot, Walmart Supercenter and Hwy-395. Near Trios at Southridge Hospital, scheduled to open summer of 2014. 98% NNN leased to 9 tenants. NOI $443K/yr. $6.12M. 7.25% cap.
5. Apartments in Lake Park, FL: 18-units well maintained multifamily complex on .67 ac lot North of West Palm Beach. 94% occupied. NOI $100K/yr. $1.09M. 9.25% cap.
6. Pep Boy Auto Center in Hesperia, CA: 9211 SF auto center in fast growing San Bernardino County. 100% NNN leased to Pep Boys Auto and Smog Shop/Auto Glass shop. NOI $90K/yr. $1.45M. 6.25% cap.
7. Office Building in Pepper Pike, OH: 33,000 SF Class-A multi-tenant office building in high income (AHI $106K/yr) Cleveland suburbs. Close to Uh Ahuja Medical Center and with easy access to I-271. 100% leased. NOI $445K/yr. $4.9M. 9% cap. 
8. Mixed-Use in Gilroy, CA: 17,332 SF well kept retail/office building along main corridor in high income Silicon Valley suburbs. 100% leased to five tenants. NOI $84K/yr. $1.19M. 6.80% cap.
9. Retail Center in Kennewick, WA: 28,650 SF retail center built in 1997 on 1.69 ac lot in growing middle-class area. 80% leased. Actual NOI $149K/yr. $1.49M. 10% cap. Upside potential when fully leased.
10. Shopping Center in Frisco, TX: 36,485 SF attractive shopping center on 3.73 ac outparcel to Walmart Supercenter in booming (6,063% pop growth) and affluent (AHI $113K/yr) Dallas MSA. 96% leased. NOI $745K/yr. $10.65M. 7% cap.

            (c) Transmercial 2014

07-15: Od Country Buffet, CVS, O'Reilly, Burger King, Wendy's Portfolio

1. Old Country Buffet in Rockford, IL: 11,519 SF well maintained Old Country Buffet on 2.79 ac lot along main retail corridor. Close to OSF Saint. Anthony Medical Center, Cherryvale Mall, Magic Waters Waterpark and I-90.  100% absolute NNN corp lease with 3-yrs left. NOI $232K/yr. $2.849M. 8.14% cap.
2. CVS in Brook Park, OH: 10,722 SF CVS Pharmacy on 1.50 ac lot in  Cleveland suburbs. 100% NNN corp lease with 5-yrs left. NOI $177K/yr. $2.366M. 7.50% cap.
3. O’Reilly in Tracy, CA: 16,017 SF single-tenant retail building on 1.45 ac lot in growing upper middle-class San Joaquin County. Close to Sutter Tracy Community Hospital. 20-yrs absolute NNN lease with 10 yrs left. NOI $160K/yr with a rent increase in Dec 2014. $3.675M. 5.66% cap.
4. Office Building in Independence, OH: 29,500 SF Class-B multi-tenant office building in high income Cleveland suburbs with an AHI of $90K/yr in 1 mile. Close to I-77. 96% leased. NOI $252K/yr. $2.65M. 9% cap.
5. Retail Center in Santa Rosa, CA: 10,000 SF retail center on 1.60 ac lot in Sonoma County. Near Kaiser Permanente Medical Center and Hwy-101. Shadow-anchored by Joan Fabrics. Across from Kmart and 24-Hr Fitness.  100% leased to 2 tenants. Pro forma NOI $116K/yr. $1.55M. 7.50% pro forma cap.  Just $155/SF!
6. Retail Center in Smyrna, GA: 16,150 SF attractive & upscale  retail center in high income (AHI $103K/yr) Atlanta suburbs. Adjacent to Publix Super Market shopping center. 93% NNN leased. NOI $402K/yr. $5.556M. 7.25% cap.
7. Burger King in Davenport, IA: 2721 SF franchised fast food restaurant on nearly 1 ac lot at a hard corner location. Across from Northpark Mall. 20-yrs absolute NNN lease with over 11-yrs left to an experienced operator with 10 units. NOI $80K/yr with 1.75% annual rent increases. $1.188M. 6.75% cap.
8. Strip Center in Omaha, NE: 11,472 SF strip center built in 2006 on 1.52 ac outlot to Super Save Grocery Store & Kmart. 100% NNN leased. NOI $144K/yr. $1.866M. 7.75% cap.
9. Neighborhood Center in Knoxville, TN: 299,329 SF well kept shopping cent on over 22 acres of land in high income (AHI $107K/yr) area. Anchored tenants include: Burlington Coat Factory and Big Lots.  Across Market Place with Home Depot and near Parkwest Medical Center and I-40/75. 82% leased. Actual NOI $1.377M/yr. $16.7M. 8.25% cap.
10. Wendy’s Portfolio in MI: 3 individual Wendy’s restaurants in Detroit suburbs. 20-yrs absolute NNN lease with 18-yrs left. Actual NOI $271K/yr. $3.804M. 7.15% cap.

            (c) Transmercial 2014

07-14: Best Buy, Dickey's Barbecue Pit, Dunkin Donuts, Apartments, MOB

1. Best Buy in Duluth, GA: 50,484 SF small-footprint Best Buy built in 1994 on over 5 ac lot in fast growing Atlanta suburbs. Close to Gwinnett Place Mall, with over 150 stores. Off ramp of I-85 and easy access to Hwy-316/104. Tenant has been at this location since 1994. 100% absolute NNN corp recently extended lease with over 5-yrs left. Current NOI $524K/yr. $4.6M. 11.41% cap. Note: landlord agreed to reduce rent to $410K/yr. from Dec 2014, offering 9% cap, making this more stable property.
2. Shopping Center in Kingwood, TX: 35,085 SF eye-catching shopping center built in 2008 on 5+ ac lot in growing and high income (AHI $89K/yr in 3 miles) Houston metro. Near Kingwood Medical Center and I-69. 99% NNN lease with medical, professional and retail tenants. 7.25% cap. NOI/Price N/A.
3. Dickey’s Barbecue Pit in Flour Mound, TX: 3424 SF restaurant built in 2005 on .79 ac lot along major corridor in growing and affluent Dallas/Fort Worth suburbs with an AHI of $124K/yr in 1 mile. 15-yrs NNN lease with 8-yrs left to strong franchisee. NOI $132K/yr with 10% rent bumps every 5-yrs. $1.885M. 7% cap.
4. MOB in Santa Ana, CA: 13,800 SF well maintained single-tenant medical office building on .84 ac lot in densely populated Los Angeles suburbs. Across from Bristol Marketplace , with Kohl’s, Big 5 Sporting Goods, Target, Smart & Final and CVS Pharmacy. Close to Kindred Hospital. 100% NNN lease with 9-yrs left to Memorial Care Medical Foundation. NOI $383K/yr with 3% annual rent increases. $6.99M. 5.5% cap.
5. Retail Center in Santa Rosa, CA: 18,742 SF 12-units well kept retail center ion 1.67 ac lot in growing middle-class town North of San Francisco. Close to Hwy-101. 100% NNN leased. NOI $203K/yr. $2.92M. 6.97% cap.
6. Dunkin Donuts in Baton Rouge, LA: brand new 2200 SF franchised Dunkin Donuts on .66 ac lot at a hard corner location. Between The Mall at Cortana and Bon Carre Mall. 10-yrs NNN- lease with over 9-yrs left. NOI $54K/yr with 10% rent increases every 5-yrs. $880K. 6.10% cap.
7. Retail Center in Dayton, OH: 24.401 SF newly renovated retail center on 2.39 ac lot along major retail artery and in a high income area. Across from new Kroger Market Place. 100% leased. NOI $209K/yr. $2.495M. 8.38% cap.
8. Apartments in Sacramento, CA: 20-units remodeled apartments. Close to schools, parks, shopping centers and Hwy-50. 90% occupied. Actual NOI $148K/yr. $1.75M. 8.50% cap. Upside potential.
9. Retail Center in Roswell, GA: 25,510 SF attractive retail center along main retail corridor in Atlanta suburbs. Close to Hwy400. 100% leased to stable tenants. NOI $382K/yr. $4.5M. 8.50% cap.   

            (c) Transmercial 2014

07-11: O'Reilly, Planet Fitness, School, Cyccle nation, Walgreens, Hotel

1. O'Reilly Auto Parts in Atlanta, GA: 8000 SF auto parts store built in 2005.  15 yrs NNN- corp lease with 7 yrs left.  NOI $65K/yr. $964K. 6.75% cap.
2. Planet Fitness Center in Springfield, MO: 50,250 SF fitness center built in 1994 on 4 ac lot.  100% NNN leased to Price Cutter Grocery with 46 store till 2014.  Currently sub-leased to Planet Fitness.  NOI $225K/yr.  $2.812M. 8% cap.  Just $56/SF! and low rent of $4.50/SF/year.
3. Culinary Institute in Scottsdale, AZ: 18,035 SF highly-rated Arizona Culinary Institute built in 2001with 5 professionally designed kitchens, and the student run du Jour Restaurant. ACI has been here since 2001.  100%  NNN lease with 10 yrs left.  Average NOI $264K/yr. $3.3M. 8.6% average cap.
4. Cycle Nation in Huntsville, AL: 30,550 SF single-tenant retail center built in 1997 on 2.58 ac lot in high income area.  20 yrs absolute NNN lease with about 10 yrs left to Cycle Nation, a motorcycle & accessories dealer.  NOI $193K/yr. $2.497M. 7.75% cap.
5. Walgreens in Fort Worth, TX: 13,905 SF drug store built in 1999 on 1.8 ac corner lot.  100% NNN- lease till 2029. NOI $289K/yr.  $5.269M.  5.5% cap.  Store with 12+M in sales ranked top 2-3% of all Walgreens stores in sales.
6. Apartments in Atlanta, GA: 86-unit apartments with total 105,814 SF on 8.7 ac lot in revitalized South Atlanta area. Constructed with durable brick exteriors and pitched roofs. Located near major employment hubs. Within walking distance to Therell High School and Kimberly Elementary.  64% occupied.  NOI $162K/yr. $2.1M. 7.75% cap.  Just over $24K/unit.  Upside potential.
7. Shopping Center in Rio Rancho, NM: 43,230 SF big box next to Intel Campus.  Shadow anchored by Big K. 69% leased to Big Lots!.  NOI $200K/yr. $3M. 6.6% cap.  Upside potential when fully leased.
8.  Ascot Suites Hotel in Morro Bay, CA: 32-room boutique style hotel just 1 block from the bay in a coastal town.  Rate 3 diamond by AAA and 4 stars on Yelp and Trip Advisor.  NOI $495K/yr. $6.195M. 8% cap.
9. Shopping Plaza in Mount Clemens, MI: 26,580 SF shopping plaza built in 2006 in 4.35 acres lot in middle-class Detroit suburbs. Anchored by Dollar General.  100% leased.  NOI $282K/yr. $3.125M. 9% ca

(c) Transmercial 2014

07-10: Business Center, Apartments, MOB, Retail Centers

1. Shopping Center in Oswego, IL: 36,000 SF well maintained shopping center at a signalized location in high income (AHI $97K/yr) Chicago metro. Close to Power Centers anchored by Target & Meijer grocery. 100% leased. NOI $384K/yr. $5.125M. 7.50% cap.
2. Retail Center in Waukegan, IL: 12,430 SF well kept retail center in growing Chicago suburbs. Across from Target and Jewel-Osco Grocery. 89% NNN leased to Harris Bank, EZPawn and Virgin Mobile. NOI $162K/yr. $2.165M. 7.50% cap.
3. Business Center in Davenport, IA: 55,492 SF attractive business park consisting of five buildings completed in 1997 on 5.37 ac lot in growing and affluent area with an AHI of $122K/yr in 1 mile radius. Near I-74 exit. 91% leased with solid tenant mix. NOI $554K/yr. $6.527M. 8.50% cap.
4. Office Building in Snellville, GA: 21,600 SF well maintained multitenant office building constructed in 1999 on over 1 ac lot in upper middle-class Atlanta MSA. 100% leased. NOI $246K/yr. $2.95M. 8.40% cap.
5. Retail Building in Mesa, AZ: 5100 SF retail building completed in 1999 on .57 ac lot along major artery in Phoenix suburbs. Close to Superstition Springs Center, Banner Gateway Medical Center and Hwy-60. 100% NNN leased to FastMed Urgent Care and Cricket Wireless. NOI $119K/yr. $1.713M. 7% cap.
6. Retail Building in Grand Rapids, MI: 11,041 SF Class-B two-tenant retail building in growing middle-class area. 100% leased to Fresenius Dialysis Center (with 9+ yrs left) and Florist. NOI $115K/yr. $1.65M. 7% cap.
7. Strip Center in Spokane, WA: 10,597 SF strip center built in 2006 on nearly 1 ac lot at a signalized intersection. Close to Walmart Supercenter, The Home Depot and WinCo Foods Grocery. 100% leased with mostly national credit tenants such as: O’Reilly Auto Parts. NOI $184K/yr. $2.83M. 6.50% cap.
8. Retail Center in Carrolton, TX: 11,650 SF retail center at a prime retail corridor shadow-anchored by Super H-Mart Grocery. Across from Walmart Supercenter and Lowe’s. On an off/on ramp of President George Bush Turnpike. Near I-35E. 100% leased. NOI $221K/yr. $2.7M. 8.20% cap.
9. Apartments in Lancaster, CA: 15-units well maintained multifamily complex in growing middle-class area. 80% occupied. NOI $88K/yr. $1M. 8.80% cap.
10.  MOB in Gurnee, IL: 7000 SF Class-B medical office building on .75 ac lot in growing Chicago suburbs. Near Hwy-41. 100% leased to four tenants. NOI $84K/yr. $939K. 9% cap.

            (c) Transmercial 2014

07-09: Discount Tire, Walgreen's, Dollar Tree, AutoZone, TitleMax, Flea Market, Office Buildings

1. Shopping Center in Visalia, CA: 76,062 SF shopping center built in 1993 on 6.42 ac lot anchored by 49,950 SF Food Maxx Grocery Market. 93% NNN leased with only three units. NOI $889K/yr. $12.275M. 7.25% cap.
2. Retail Center in Hutto, TX: 19,287 SF attractive retail center built in 2004 on 1.70 ac lot with excellent visibility from Hwy-79 in fast growing Austin MSA. 100% leased. Pro forma NOI $239K/yr. $3.125M. 7.65% pro forma cap.
3. Discount Tire in Amarillo, TX: 7890 SF well maintained auto center on .75 ac lot along I-40 in a growing middle-class area. 100% NNN lease with 5-yrs left. NOI $63K/yr. $899K. 7.10% cap.
4. Walgreen’s & Dollar Tree in Oak Park, MI: 29,772 SF consisting of two well maintained retail buildings completed in 1999 at a hard corner location in Detroit suburbs. 100% NNN leased to two credit tenants. NOI $694K/yr. $8.682M. 8% cap.
5. Strip Center in Medina, OH: 15,300 SF retail center built in 2000 on over 1 ac lot in a growing and upper middle-class city in Cleveland metro. Across from Walmart, Kohl’s, Home Depot & Hobby Lobby centers. 92% NNN leased. NOI $120K/yr. $1.38M. 8.71% cap.
6. Shopping Center in Colorado Springs, CO: 23,110 SF eye-catching shopping center built in 2003 on over 2 ac outparcel to Walmart Supercenter in growing middle-class area. 89% leased with regional/national tenants. NOI $494K/yr. $6.5M. 7.61% cap.
7. AutoZone in Johnson City, TN: 9455 SF well maintained auto parts center along major retail artery. Close to The Mall at Johnson City and I-26. 10-yrs NNN- corp lease with over 3-yrs left. NOI $81K/yr. $1.158M. 7% cap.
8. Flea Market in Bonita Springs, FL: 82,000 SF Flea Market on 14.60 acres of land in a high income Fort Myers.  Close to I-75. NOI $869K/yr. $9.35M. 9.30% cap.
9. TitleMax in Albuquerque, NM: 6800 SF single tenant retail building at a main thoroughfare. New 10-yrs absolute NNN lease to TitleMax, a national title loan company with 1000+ locations. NOI $58K/yr with 10% rent bumps every 5-yrs. $749K. 7.75% cap.
10. Office Building in Myrtle Beach, SC: 12,500 SF Class-A multi-tenant office building with excellent visibility to Hwy-17 in a coastal city. 100% leased. NOI $128K/yr. $1.595M. 8.06% cap.

            (c) Transmercial 2014

07-08: Apartments, Office Buildings, Shopping Centers

1. Apartments in Phoenix, AZ: 18-units well maintained multifamily complex adjacent to 216-bed acute care Phoenix Baptist Hospital, near Christown Spectrum Mall and I-17. Pro forma NOI $91K/yr. $1.215M. 7.56% pro forma cap.
2. Apartments in Phoenix, AZ: 12-untis recently improved apartments next to Phoenix Baptist Hospital. Close to Valley Metro Light Rail main station and Christown Spectrum Mall. Pro forma NOI $64K/yr. $815K. 7.89% cap.
3. Office Building in Vallejo, CA: 9050 SF consisting of two well maintained office buildings at a corner location Northeast of San Francisco. 86% leased.  NOI $75K/yr. $1.05M. 7.10% cap.
4. Office Buildings in Palm Bay, FL: 72,012 SF Class-B consisting of three office buildings on nearly 7 ac lot. 89% NNN leased. Actual NOI $523K/yr. $6.448M. 8.12% cap. Upside potential.
5. Retail Building is Lewisville, TX: 32,796 SF attractive shopping center built in 1994 on 3.58 ac lot in growing upper middle-class area. Part of a Power Center with Old Navy, Michaels, Office Max, PetSmart, JoAnn Farbric, Marshalls, Hobby Lobby, Sport Authority and more. Close to Vista Ridge Mall and I-35E. 100% NNN leased to Shoe Carnival, Tuesday Morning and Car Toys. NOI $479K/yr. $6.62M. 7.25% cap.
6. Strip Center in Sacramento, CA: 4896 SF well maintained strip center at a signalized intersection is densely populated area. Close to Hwy-50. 100% NNN leased to 7-Eleven, Smoke Town and Subway. NOI $113K/yr. $2.277M. 5% cap.
7. Shopping Center in Spring, TX: 28,680 SF shopping center on 2.45 ac lot in fast growing Houston suburbs. 100% leased with good tenant mix. NOI $199K/yr. $2.5M. 7.96% cap.
8. Strip Center in Haltom City, TX: 5967 SF attractive strip center built in 2006 on .76 ac lot along Hwy-377 in Fort Worth suburbs. 100% NNN leased to EZ Money, North Texas Gold & Silver, Solid PC, A Affordable and B&B Bakery. 8.30% cap. NOI/Price N/A.

            (c) Transmercial 2014

07-07: MOB, Shopping Centers, Retail Centers, Office Buildings

1. Strip Center in Orange Park, FL: 7500 SF attractive strip center built in 2002 on 1.25 ac lot in upper middle-class Jacksonville suburbs. 57% NNN leased. $1.1M. NOI/Cap N/A.
2. Retail Center in Tampa, FL: 18,883 SF well kept L-shaped retail center on almost 2 ac lot along Hwy-576. 90% leased. NOI $159K/yr. $1.875M. 8.50% cap.
3. Retail Center in Hemet, CA: 11,044 SF well maintained retail center on .62 ac outparcel to Sprouts Farmers Market Center in growing Riverside County. 80% NNN leased. Actual NOI $109K/yr. $1.55M. 7.04% actual cap. Upside potential when fully leased.
4. Retail Center in Algonquin, IL: 10,314 SF retail center built in 2012 on 1.52 ac lot in wealthy (AHI $119/yr in 1 mile) Chicago metro. Across from Power Center with Super Target, TJ Maxx, Kohl’s and Toys R Us. 100% NNN leased to Home of the Sparrow, a non-profit thrift store & donation center with 5 locations and Algonquin Smiles Dental. NOI $117K/yr. $1.209M. 9.75% cap.
5. Shopping Center in Edgewater, CO: 25,352 SF newly constructed lake-front shopping center on over 2 ac lot in Denver suburbs. Near Target and King Soopers Grocery. 94% occupied by a mix of local/nationally recognized tenants including Dunkin' Donuts, Little Caesars, The Cooler, GB Fish & Chips and Epic Ryde. NOI $618K/yr. $8.542M. 7.24% cap.
6. MOB in Miami, Fl: 8467 SF Class-B medical office building across from Jackson Memorial Hospital and near University of Miami Hospital. Easy access to I-95/395 and Hwy-836. 100% leased to Fresenius Dialysis Center. $2.4M. NOI/Cap N/A.
7. Office Building in Champlin, MN: 8250 SF Class-B office building completed in 2001 on 1 ac lot in high income (AHI $100K/yr in 1 mile) Minneapolis suburbs. 100% NNN leased by two tenants. NOI $100K/yr. $1.262M. 8% cap.
8. Retail Center in Suwanee, GA: 18,360 SF high quality construction retail center built in 2002 on nearly 2 ac lot at a signalized corner location in growing and affluent Atlanta metro with an AHI of $107K/yr in 1 mile. Across from Walmart Supercenter and Lowe’s. 84% NNN leased with only 2 vacancies. NOI $374K/yr. $4.68M. 8% cap. Buyer to assume $2.037M loan at 5.87% interest rate.
9. Strip Center in Lakewood, WA: 12,962 SF well maintained strip center on 1.30 ac lot at a busy corner location in Seattle suburbs. 100% NNN leased. NOI $193K/yr. $2.671M. 7.25% cap.
10. Shopping Center in Houston, TX: 43,631 SF attractive shopping center built in 2004 on 4 ac lot anchored by 33,862 SF Family Thrift Center with 8 locations. Across from PlazAmericas Shopping Mall & next to Hwy-59. 91% NNN leased. Current NOI $320K/yr. $3.9M. 8.25% cap.

            (c) Transmercial 2014

07-03: Shopping centers, MOBs, Single-tenant retail center

1.      Shopping Center in Houston, TX: 6021 SF shopping center built in 2007 on .69 ac corner lot with I-10 frontage. 100% leased to 4 tenants including Church's Chicken on a free standing building.  NOI $158K/yr.  $1.929M. 8.23% cap.
2.      Retail Center in Odessa, TX: 12,250 SF retail center built in 2007 on 1.52 ac outparcel to Walmart.  100% NNN leased to 5 tenants.  NOI $138K/yr. $1.84M. 7.5% cap.
3.      MOB in Spokane Valley, WA: 12,600 SF single-tenant medical office building on 2 parcels with 1.22 ac.  Substantially remodeled in 2010. 100% leased to Community Health Association of Spokane (CHAS), a non-profit healthcare providers with 10 locations.  NOI $155K/yr. $1.65M. 9.43% cap.
4.      Strip Center in San Antonio, TX: 6000 SF strip center developed in 2006 on a outparcel to Lowes with I-35 frontage.  83% leased to  State Farm, Sprint and Subway with 1000 SF unit vacant that will be master leased by the seller.  NOI $128K/yr. $1.587M. 8% cap.
5.      MOB in Perris, CA: 23,589 SF 2-story Medical Office Building on 1.83 ac lot in a fast growing town in Southern CA.  Excess land for future development on 1/3 ac. 95% leased to 12 tenants.  NOI $313K/yr. $4.7M. 6.7% cap.
6.          Single-tenant retail center in Irving, TX: 1116 SF free-standing retail center on .47 ac lot with frontage on Airport Freeway 183 in Dallas metro.  100% NNN leased since 2009 to Texas Car Title & Payday Loan with 200 locations.  NOI $75k/yr.  $885K. 8.5% cap.
7.      Retail Center in Elgin, IL: 21,564 SF retail center on 2.5 ac lot in Chicago metro.  Anchored by 7 Eleven and  Old Second Bank.  95% leased with 900 SF unit vacant.  NOI $277K/yr. $3.75M. 7.4% cap.
8.      Shopping Center in Bradenton, FL: 85,565 SF shopping center on 10.6 ac corner lot right off I-75 exit in high income (AHI $97K/yr in 1 mile)  Tampa suburbs. Anchored by Goodwill, Good Year, Crispers and Anytime Fitness.  9% cap.  NOI/price not avail.
9.       Strip mall in Boca Raton, FL: 6500 SF strip mall in high income (AHI $90K/yr) city in Palm Beach.  100% leased.  NOI $136K/yr. $1.595M. 8.57% cap.

            (c) Transmercial 2014

07-02: Ross Dress for Less, Dollar Tree, Advance Auto Parts, Jiffy Lube, Apartments, Office Building

Welcome new investors.  Transmercial is the only company that offers this list of best properties between $700K to $20M in 50 states.  These properties are selected from 300-400 daily listings on CBRE, M&M, SVN, and various other sources.   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 for selection criteria.  Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. 

Below are the most commonly used acronyms:

• AHI: Avg. Household Income.  National average is about $55+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. Strip Center in Texas City, TX: 8382 SF strip center built in 2006 on .49 ac lot in a coastal city SE of Houston. Across from Kroger center and near Hwy-1764. 100% leased to 4 good tenants: Bayview Dental, Methodist Sports Medicine, Edward Jones, and Coastal Dermatology. NOI $112K/yr. $1.4M. 8% cap..
2. Ross Dress for Less & Dollar Tree in North Richland Hills, TX: 64,842 SF well maintained retail building on nearly 6 ac lot in fast growing (163% pop growth) and affluent Fort Worth suburbs with an AHI of $152K/yr in 1 mile.  Near Walmart and Target. Across from 123,000 SF under construction center with Kroger Grocery. 77% NNN leased to national tenants. Actual NOI $271K/yr. $4.522M. 6% actual cap. Upside potential.
3. Advance Auto Parts in Dearborn, MI: 7000 SF auto parts retail building on .63 ac corner lot in Detroit suburbs. 100% NNN corp lease with 8 yrs left. NOI $169K/yr with a 10% rent bump in 2014. $2.335M. 7.25% cap.
4. Shopping Center in Cypress, TX: 20,340 SF attractive shopping center built in 2004 on 2.71 ac cornet lot. Great demographics: growing and affluent Houston suburbs with an AHI of $143K/yr in 1 mile. 88% NNN leased. NOI $292K/yr. $3.653M. 8% cap.
5. Apartments in Sacramento, CA: 64-unit recently renovated apartment complex. Close to schools, parks, shopping center and I-80. 90% occupied. NOI $225K/yr. $3.075M. 7.32% cap.
6. Jiffy Lube in Coachella, CA: 2000 SF Jiffy Lube on .53 ac lot at a main retail corridor in growing Riverside County. New 10-yrs NNN lease. NOI $81K/yr with 2% annual rent increases. $1.247M. 6.50% cap.
7. Office Building in Flower Mound, TX: 29,918 SF two-story multi-tenant office building completed in 2007 at a signalized intersection in high income (AHI $106K/yr in 3 miles) Fort Worth/Dallas MSA. 100% leased. NOI $475K/yr. $5.8M. 8.19% cap.  

            (c) Transmercial 2014

07-01: MOB, Dairy Queen, Taco Bell, Applebee's, Mixed-use

1. MOB in Altamonte Springs, FL: 5600 SF well maintained medical office building near Florida Hospital-Altamonte and Altamonte Mall in Orlando suburbs. 5-yrs lease to The Ear, Nose, Throat & Plastic Surgery Associates, a regional tenant with 4 locations. NOI $112K/yr with 3% annual rent increases. $1.445M. 7.78% cap.
2. Dairy Queen in West Valley City, UT: 2626 SF fast food restaurant built in 2003 on .43 ac lot in growing Salt Lake City suburbs. Close to 1M SF of brand new retail development. New 20-yrs absolute NNN lease. NOI $66K/yr. $943K. 7% cap.
3. MOB in Peachtree Corners, GA: 12,543 SF Class-B medical office building on over 1 ac lot along busy corridor in high income Atlanta suburbs with an AHI of $105K/yr in 3 mile radius. 100% leased to multiple tenants. NOI $159K/yr. $1.999M. 8% cap.
4. Taco Bell in Abilene, TX: 2383 SF drive-thru Taco Bell on .48 ac lot in growing middle-class area. Across from HEB grocery and near McMurry University. Tenant has been at this location for appx 20 yrs. 100% absolute NNN lease with 3-yrs left. NOI $79K/yr with a 10% rent bump in 2015. $1.05M. 7.54% cap.
5. Applebee’s in Wake Forest, NC: 5528 SF Applebee’s franchised restaurant remodeled in 2011. Next to/visible from Hwy-1 in high income Raleigh suburbs. Adjacent to Capital Plaza with Target, Home Depot and Petsmart.  Across from Lowe’s. 20-yrs absolute NNN lease with 7+-yrs left to strong operator with 131 units. NOI $243K/yr. $3.24M. 7.50% cap.
6. Retail Center in Texarkana, TX: 8550 SF attractive retail center on .54 ac lot with good access and excellent visibility to I-30. Adjacent to Power Center with Target and Home Depot. Across from Lowe’s & Walmart Supercenter and near Central Mall. 100% NNN leased. NOI $124K/yr. $1.509M. 8.25% cap.
7. MOB in Las Vegas, NV: 41,849 SF beautiful medical office building on 2.58 ac lot across from Valley Hospital Medical Center and near University Medical Center. Close to Las Vegas Premium Outlets and I-15. 94% leased with only 1 vacancy. Actual NOI $600K/yr. $8.4M. 7.15% cap.
8. Retail Center in Hemet, CA: 18,746 SF attractive retail center on over 1 ac lot in growing Riverside County. NOI $152K/yr. $1.8M. 8.46% cap.
9. Retail Center in Carrollton, TX: 14,950 SF attractive retail center built in 2005 on 1.80 ac outparcel to Walmart in affluent Dallas suburbs (AHI $104K/yr in 1 mile). Visible from Hwy-190 and close to I-35E. 87% NNN leased with 1 vacant unit. Current NOI $247K/yr. $3.3M. 7.5% cap. Upside when fully leased.
10. Mixed-use in San Antonio, TX: 8482 SF and 4000 SF retail/office buildings on .95 ac lot in a fast growing area. Close to Ingram Park Mall and I-410. 100% leased with strong tenant mix. NOI $133K/yr. $1.568M. 8.50% cap.

            (c) Transmercial 2014

06-30: Business Center, Family Dollar, Jack in the Box, MOB, Office Building

1. Business Center in Columbus, OH: 99,553 SF Class-A business center constructed in 1998 close to I-270 in upper middle class area with AHI $90+K/yr. Tenants include: Open Text, OSU Physicians, OSU Internal Medicine, Omega, Salon Lofts and Pediatric Physicians. 75% leased with two vacancies. NOI $780K/yr. $12M. 7% actual cap. Upside potential when fully leased.
2. Dental Office Building in Sacramento, CA: 14,992 SF well maintained multi-tenant dental office building on .73 ac lot. Near UC Davis Medical Center, Hwy-50 and I-80. 100% NNN leased. NOI $215K/yr. $3M. 7.17% cap.
3. Family Dollar in Chattanooga, TN: 10,000 SF expanding Family Dollar store on .80 ac corner lot. Tenant has been at this location since 2001. 11-yrs NNN- lease. NOI $107K/yr. $1.47M. 7.30% cap.
4. Retail Center in Appleton, WI: 15,000 SF well kept retail center built in 1990 on 1½ ac lot. Near Fox River Mall and Hwy-41. 100% NN leased. NOI $224K/yr. $2.8M. 8% cap.
5. Jack in the Box in Antioch, CA: 2624 SF attractive drive-thru restaurant on nearly 1 ac outparcel to Walmart in Northern CA. Adjacent to Antioch WaterPark. Close to Kaiser Permanente and Sutter Delta Medical Center. 100% absolute NNN lease with 6-yrs left. 2015 NOI $140K/yr. $2.8M. 5.40% cap.
6. Shopping Center in Charlotte, NC: 40,242 SF attractive shopping center on over 3 ac lot anchored by 30,092 SF Food Lion grocery in a high income (AHI $89K/yr) area. Adjacent to 107,504 SF Galleria Shopping Center, anchored by Walmart, Dollar Tree and Party City.  97% leased. NOI $261K/yr. $3.25M. 8% cap.
7. Shopping Center in Duluth, GA: 24,500 SF eye-catching shopping center built in 2000 on 2.52 ac lot at a signalized corner location. Close to Gwinnett Place Mall and I-85. 100% NNN leased. NOI $590K/yr. $7.3M. 8.10% cap. Buyer to assume $5.731M loan at 5.9% interest rate due in 2017.
8. Strip Center in Boardman, OH: 7540 SF renovated strip center on .42 ac lot across from Southern Park Mall in Youngstown suburbs. 100% NNN leased. NOI $78K/yr. $919K. 8.50% cap.
9. Office Building in Westerville, OH: 48,805 Class-B office building. Near Polaris Fashion Place and I-71. All units face main thoroughfare. 100% NNN leased. NOI $381K/yr. $4.3M. 8.87% cap.
10. MOB in Sterling, VA: 18,960 SF Class-B medical office building on 1.63 ac lot in growing and affluent (AHI $132K/yr in 3 mile radius) Washington MSA. 84% leased to multiple tenants. NOI $240K/yr. $3.2M. 7.50% cap.

            (c) Transmercial 2014

06-27: Starbucks Coffee, DaVita, Firestone, Office Building, Business Center

1. Shopping Center in Fairfield, CA: 42,657 SF recently renovated shopping center on over 3 ac lot in upper middle-class Solano County. Across from Westfield Solano Mall and along I-80. 100% NNN leased with good tenant mix.  NOI $581K/yr. $8.5M. 6.90% cap.
2. Retail Building in Richland, WA: 52,527 SF shopping center consists of 26,239 SF Hastings Store with136 locations and 23,912 SF Ace Hardware with over 4,700 stores on 4 ac lot along busy corridor with 32,000 CPD. 100% NNN leased to 2 credit tenants. NOI $423K/yr. $5.43M. 7.80% cap.
3. Strip Center in Cumming, GA: 9600 SF attractive strip center built in 2007 on 1.50 ac lot in growing (122% pop growth) and affluent Atlanta metro with an AHI of $147K/yr in 1 mile radius. 100% NNN lease to strong tenants. $2M. NOI/Cap N/A.
4. Retail Building in Phoenix, AZ: 9,141 SF retail center built in 2005 on 1.24 ac lot adjacent to Walgreens on busy thoroughfare near I-10. 100% NNN leased. NOI $118K/yr. $1.48M. 8% cap.
5. Starbucks Coffee in Burlington, NC: 2973 SF drive-thru Starbucks Coffee outparcel to newly renovated Holly Hill Mall in Greensboro suburbs. Near Alamance Regional Medical Center and I-40/85. Recently extended NN lease with 11-yrs left.  NOI $65K/yr. $1.095M. 6% cap.
6. DaVita in Las Vegas, NV: 4800 SF kidney dialysis center built in 2006 on ½ ac lot near Valley Hospital Medical Center and University Medical Center. 100% NNN lease with 4-yrs left. NOI $193K/yr with 3% annual rent increases. $2.783M. 7% cap.
7. Business Center in Ontario, CA: 54,820 SF Class-B business center on 3 ac lot at a signalized intersection in San Bernardino County. Close to I-15. 92% leased to multiple tenants. NOI $503K/yr. $8.1M. 6.22% cap.
8. Office Buildings in Arlington, TX: 23,070 SF consisting of four attractive office buildings in Fort Worth/Dallas suburbs. Across from Six Flags Hurricane and near Six Flags Over Texas, a 212 ac theme park and I-30. NOI $154K/yr. $2.2M. 7% cap.
9. Firestone in The Colony, TX: 7575 SF auto care center in affluent (AHI $113K/yr in 3 miles) Dallas suburbs. Next/visible to Hwy-121. 100% NN corp lease with 7-yrs left. NOI $196K/yr. $2.708M. 7.25% cap.

            (c) Transmercial 2014

06-26: Auto Center, MOB, Strip Centers, Professional Centers

1. Strip Center in Clearwater, FL: 8687 SF strip center built in 2006 on .73 ac corner lot along US Hwy-19 in Tampa suburbs. Close to Clearwater Mall. 100% leased. NOI $225K/yr. $2.795M. 8.08% cap.
2. Auto Center in Margate, FL: 8651 SF attractive auto center on .82 ac lot along major artery in Coral Springs suburbs. Near Northwest Medical Center. 100% NNN lease to 2 tenants: Good Year Auto and Collision Auto Center. NOI $187K/yr. $2.5M. 7.50% cap.
3. MOB/Professional Building in Fort Pierce, FL: 11,760 SF Class-B multi-tenant professional/medical office building on .85 ac lot. Close to Lawnwood Regional Medical Center. NOI $68K/yr. $895K. 7.60% cap.
4. Shopping Center in Vista, CA: 19,730 SF consisting of two well maintained retail center on 1.65 ac lot adjacent to Walgreen’s in Southern California. Across from Stater Bros Grocery Center. 100% lease to strong national/regional and local tenants. NOI $355K/yr. $7.113M. 7.89% cap.
5. Retail Center in Mansfield, TX: 11,659 SF upscale retail center in a fast growing (104% since 2000) and high income (AHI $104K/yr) Fort Worth/Dallas suburb. All units face main corridor. Near Kroger, Walmart. 87% leased. NOI $212K/yr. $2.65M. 8% cap.
6. MOB in Yuma, AZ: 50,000 SF Class-A medical office building on 2.65 ac lot adjacent to Yuma Regional Medical Center. 100% NNN leased to multiple tenants. NOI $890K/yr. $12M. 7.42% cap.
7. Neighborhood Center in Las Vegas, NV: 71,000 SF attractive shopping center on 6.46 ac lot. Close to Meadows Mall, University Medical Center and Valley Hospital Medical Center. 100% leased. NOI $855K/yr. $10.9M. 7.85% cap.
8. MOB in Sacramento, CA: 7,661 SF attractive single-tenant medical office building completed in 2004 on .75 ac lot in fast growing area. 100% NNN lease with 3-yrs left. NOI $207K/yr with 2% annual rent increases. $2.865M. 7.25% cap.

            (c) Transmercial 2014

06-25: Merryhill School, Sizzler, DaVita, Zio's Italian Restaurant, Apartments, Just Brakes, Family Dollar

1. Apartments in Berkeley, CA: 5-units recently upgraded multifamily building in upper middle class area East of San Francisco bay area. 100% occupied. NOI $71K/yr. $950K. 7.50% cap.
2. Merryhill School in Highlands Ranch, CO: 6784 SF day care facility built in 1998 on .91 ac lot in affluent Denver metro with an AHI of $118K/yr in 3 miles. 100% NNN- lease with 9 yr-s left to the 5^th largest for-profit early education provider. NOI $147K/yr. $1.95M. 7.57% cap.
3. Retail Building in Toledo, OH: 10,000 SF well maintained retail building on 1 ac lot. Close to I-475/90. 100% leased to six tenants. NOI $107K/yr. $1.195M. 9% cap.
4. Just Brakes & Family Dollar in Sanford, FL: 12,380 SF strip center and 4000 SF Just Brakes constructed in 2008 on over 3 ac lot in very high income Orlando suburbs. Along Hwy-17/92. 80%NNN- leased. NOI $215K/yr. $2.835M. 7.59% cap.
5. Retail Center in Riverside, CA: 13,044 SF attractive retail center on 1.33 ac lot next to Maxi Foods Market. Close to Riverside Community Hospital. 86% leased. NOI $150K/yr. $2.6M. 5.80% cap. Upside potential when fully leased.
6. Sizzler in Yuba City, CA: 6254 SF Sizzler Restaurant built in 2012 on over 1 ac lot in growing city North of Sacramento. 10-yrs absolute NNN lease to experienced franchisee with 23 units. NOI $120K/yr. NOI $120K/yr with 7% rent increases every 5-yrs. $2M. 6% cap.
7. Mixed-Use Center in Tulsa, OK: 20,300 SF 10-units retail/office building on 1.45 ac lot at a major retail artery. Close to I-44 and Hwy-51/64. 77% leased. Actual NOI $175K/yr. $1.75M. 10% cap.
8. Shopping Center in Powell, OH: 49,810 SF shopping center completed in 2001 on 7.78 ac lot anchored by 25,852 SF Discount Drug Mart (regional tenant with 71 stores) in affluent (AHI $133K/yr in 3 mile radius) Columbus suburbs. At a main retail corridor and close to Columbus Zoo and Aquarium. 89% leased. Actual NOI $582K/yr. $6.328M. 9.20% cap. Upside potential.
9. DaVita in Hemet, CA: 4353 SF Class-B dialysis center at a corner location in Riverside County. Close to Hemet Valley Medical Center. NOI $94K/yr. $1.225M. 7.70% cap.
10. Zio’s Italian Kitchen in Houston, TX: 7863 SF Italian Restaurant built in 2001 on 4.57 ac lot next/visible to I-45. Close to new 3M SF Exxon facility. 100% NNN leased with 2-yrs left. NOI $231K/yr. $2.963M. 7.80% cap.

            (c) Transmercial 2014

06-24: Big Lots, Denny's Restaurants, Office Buildings, Retail Centers

Welcome new investors.  Transmercial is the only company that offers this list of best properties between $700K to $20M in 50 states.  These properties are selected from 300-400 daily listings on CBRE, M&M, SVN, and various other sources.   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 for selection criteria.  Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. 

Below are the most commonly used acronyms:

• AHI: Avg. Household Income.  National average is about $55+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. Office Building in Mount Pleasant, SC: 7751 SF Class-B office building in growing and high income (AHI $101K/yr) coastal town. Close to East Cooper Medical Center and I-526. 100% leased to multiple tenants. NOI $82K/yr. $1.1M. 7.50% cap.
2. Medical Office Building in Boise, ID: 10,958 SF attractive multi-tenant medial office building constructed in 2006 on .81 ac lot in growth and high income area. 100% NNN leased to three tenants. NOI $141K/yr. $2.015M. 7% cap.
3. Shopping Center in Bakersfield, CA: 41,238 SF well maintained shopping center on nearly 3 ac lot anchored by Bank of America at a hard corner location. NNN leased to Regional/Local Tenants including ATA Tae Kwon Do, Bank of America, Liberty Tax Services, OneMain Financial, State Farm Insurance, Subway, Thai House and Today's Cleaners. NOI $481K/yr. $7.41M. 6.50% cap.
4. Big Lots in Lewisville, TX: 40,090 SF well kept big-box retail building on over 2 ac lot at a major retail artery in Fort Worth/Dallas metro. 100% NNN corp lease with 6-yrs left. NOI $220K/yr. $3.146M. 7% cap.
5. Retail Center in Las Vegas, NV: 26,375 SF consisting of three attractive retail buildings renovated in 2009 on 2.43 ac lot at a main thoroughfare. Close to Meadows Mall and Hwy-95. 80% leased. Actual NOI $232K/yr. $3.6M. 6.50% actual cap. Upside potential when fully leased.
6. Shopping Center in Mesa, AZ: 37,171 SF attractive shopping center at a hard corner location in Phoenix suburbs. 70% NNN leased. $2.8M. NOI/Cap N/A.
7. Denny’s in Round Rock, TX: 5637 SF Denny’s Restaurant in a high income area with an HAI of $108K/yr in 1 mile and next to I-35. 20-yrs NNN absolute NNN lease. NOI $162K/yr with 2% annual rent increases. $2.7M. 6.01% cap.
8. Denny’s in Austin, TX: 4300 SF sit-down family restaurant on nearly 1 ac lot at a hard corner location.  Close to Lakeline Mall and adjacent to Hwy-183. New 15-yrs NNN lease. NOI $144K/yr with 1.5% annual rent increases. $2.4M. 6% cap.

            (c) Transmercial 2014

06-23: Long John Silver's & A&W; La Petite Academy, Retail Center

1. Shopping Center in Yuba City, CA: 123,283 SF well kept shopping center on 6.76 ac lot anchored by Dollar Tree and Reibe’s Auto Parts in growing area North of Sacramento. 100% leased. NOI $683K/yr. $8.95M. 7.69% cap.
2. Strip Center in Hayward, CA: 7963 SF attractive strip center built in 2007 on nearly 1 ac lot in San Francisco Bay Area. Across from Fwy-92. 100% leased to eight tenants. NOI $160K/yr. $2.35M. 6.85% cap.
3. Strip Center in Morrow, GA: 13,875 SF well maintained strip center on over 2 ac corner lot in Atlanta metro anchored by CVS. Close to I-75. 100% NNN leased. NOI $227K/yr. $2.98M. 7.63% cap.
4. Retail Center in Whittier, CA: 9000 SF seven-units mature retail center in densely-populated and upper middle class Los Angeles area. Across from 99¢ Only Store and Goodwill. Only 2 vacancies. Pro forma NOI $83K/yr. $1.245M. 6.70% pro forma cap.
5. Retail Center in Kennewick, WA: 9600 SF retail center built in 2006 on 1.29 ac lot in growing and high income area. Tenants include: Hot Wingz, Factory Direct, Batteries Plus, Beauty Nail, Fellas Hair, Tuxedo Gallery, & Tri-City Vapors. Close to Columbia Center Mall. 100% NNN leased. NOI $155K/yr. $2.1M. 7.20% cap.
6. Long John Silver’s & A&W in Brownsville, TX: 2847 SF dual branded fast food restaurant built in 2003 on .69 ac lot conveniently located at main entrance to 740,000 SF Sunrise Mall with Bealls, Dillard’s, Sears and JCPenney. New 10-yrs absolute NNN lease to strong franchisee with 44 units. NOI $67K/yr with 10% rent bumps every 5-yrs. $1.131M. 6% cap.
7. Shopping Center in Waukegan, IL: 50,428 SF attractive shopping center completed in 2008 on 6.24 ac lot in Chicago suburbs. Across from newly constructed Super Walmart. 100% leased. NOI $1.062M/yr. $13.275M. 8% cap.
8. Strip Center in Waukegan, IL: 12,430 SF strip center in Chicago suburbs. Across from shopping center with Jewel-Osco and Target. 89% NNN leased. NOI $185K/yr. $2.322M. 8% cap.
9. Retail Center in Las Vegas, NV: 10,400 SF attractive strip center built in 2004 on 1.56 ac lot along major retail corridor. Shadow anchored by Food 4 Less. Tenants include: Advance America, Passion Nails, Adriana' s Tax Service, Dollar A, Access Auto Insurance Agency of Nevada, Great Clips for Hair, China Wok restaurant, North View Dental, and a Verizon cell tower. 100% leased. NOI $248K/yr. $2.9M. 8.58% cap.
10. La Petite Academy in North Las Vegas, NV: 10,000 SF day care center built in 2007 in area with strong demographics. 15 yr NNN lease with 8+ yrs left to a national childcare provider with over 500 locations. NOI $221K/yr. $2.95M. 7.50% cap.

            (c) Transmercial 2014

06-20: Bank of America, Arby's Restaurant, Professional Office, Retail Buildings

1. Retail/Office Building in Wilton Manors, FL: 27,581 SF attractive retail/office building on over 1 ac lot in a high income (AHI $89K/yr) Fort Lauderdale suburbs.  Strong occupancy with a diverse mix of local tenants. NOI $357K/yr. $4.85M. 7.37% cap.
2. Retail Center in Peoria, AZ: 51,200 SF consisting of two buildings completed in 2008 in growing and upper middle class Phoenix suburbs. Shadow anchored by Power Center with Target and Kohl’s, Michaels, Petco, Ross Dress for Less and more. Of an off/on ramp of Hwy-101. 100% NNN leased to LA Fitness, OfficeMax, Carter’s and Styles for Less. NOI $1.038M/yr. $14M. 7.42% cap.
3. Office Building in Temecula, CA: 15,626 SF Class-B two-story multi-tenant office building on 1+ ac corner lot in affluent (AHI $111K/yr in 1 mile) Southern California. Close to The Promenade in Temecula mall and I-15. 94% NNN leased. NOI $198K/yr. $2.7M. 7.37% cap.
4. Bank of America in Cicero, NY: 3510 SF Bank of America in Syracuse MSA.  Across from Lowe’s anchored center and near I-481. 100% NNN lease with 3-yrs left. NOI $50K/yr. $714K. 7% cap.
5. Office Complex in Salt Lake City, UT: 40,290 SF Class-B consisting of five professional buildings along Hwy-71. Close to Walmart Supercenter. 89% leased. NOI $282K/yr. $3.65M. 7.75% cap.
6. Office Building in Temecula, CA: 28,353 SF Class-B consisting of two office buildings on 1.80 ac lot in Los Angeles suburbs. Close to Promenade Temecula mall and I-15. 100% NNN leased. NOI $337K/yr. $4.995M. 6.75% cap.
7. Shopping Center in Woodinville, WA: 59,850 SF attractive shopping center anchored by Gold’s Gym in Seattle suburbs. Near Hwy-522. 100% leased to three tenants. NOI $987K/yr. $14.1M. 7% cap.
8. Arby’s & Retail Building in Wyoming, MI: 3370 SF drive-thru corp Arby’s Restaurant and 2924 SF retail building on 1.82 ac lot in Grand Rapids suburbs. Includes a CBS Billboard Sign. On an off/on ramp of Hwy-131. 100% NNN leased. NOI $116K/yr. $1.552M. 7.53% cap.

            (c) Transmercial 2014

06-19: CVS, O'Reilly Auto Parts, Master Kids Academy, Davita, Apartments, Retail Centers

1. CVS in North Attleboro, MA: 15,900 SF attractive drive-thru pharmacy on 2 ac lot Providence MSA. At a corner of a 3-way intersection and off Hwy-1. Close to Emerald Square Mall and I-295. Tenant has been at this location since 1986. 20-yrs NNN lease in 2002 with 9-yrs left. NOI $524K/yr. with rare rent bumps every 5 years.  $7.768M. 6.75% cap.
2. Shopping Center in Dallas, TX: 85,295 SF consisting of three retail centers at a signalized intersection. On an off/on ramp of I-20. Renovated in 2012. National tenants include: 15,725 SF Anna’s Linens and Dollar Tree, Taco Bell/Long John Silver’s. 94% leased to 20 tenants. NOI $649K/yr. $7.495M. 8.66% cap.
3. O’Reilly Auto Parts in Fairfield, CA: 9900 SF O’Reilly auto Parts on .98 ac lot along main corridor in Northern CA. Near Home Depot, Target and I-80. New 15-yrs NNN lease. NOI $121K/yr. $2.308M. 5.25% cap.
4. Medical/Retail Center in Grand Prairie, TX: 8054 SF attractive retail center built in 2013 on .89 ac lot at a signalized intersection in fast growing Dallas/Fort Worth suburbs. 100% leased to DaVita and Dos Amigos Insurance both with 10 yrs leases. NOI $153K/yr. $2.186M. 7% cap.
5. Shopping Center in North Richland Hills, TX: 29,406 SF well maintained shopping center on over 2 ac lot in Fort Worth suburbs. All units face main corridor. Close to I-820. Major tenants consist of First Cash Financial, Absolute Smile Dental, La Conchita, Car Sounds, Sandy' s Restaurant, H&R Block, and Buddy' s Home Furnishings. 100% with mostly NNN leases.  NOI $336K/yr. $3.956M. 8.50% cap.
6. Retail Center in Fort Worth, TX: 21,023 SF retail center constructed in 2007 on nearly 3 ac outparcel to Aldi Grocery. 86% NNN leased to Dollar Tree, ProCuts, Sally Beauty, Planet Burger, Metro PCS, Texas Loan, Steam Monkey, a Gyro Shop kiosk, and Bank of America ATM. Near I-820. NOI $284K/yr. $3.85M. 7.38% cap.
7. Master Kids Academy in Altamonte Springs, FL: 10,780 SF well maintained day care facility in growing Orlando suburbs. Close to Altamonte Mall and I-4. 100% NNN- lease with 8-yrs left. NOI $137K/yr. $1.7M. 8.06% cap.
8. Apartments in Lancaster, CA: 15-units well maintained multifamily complex on .75 ac lot in growing middle-class area. 87% occupied. NOI $91K/yr. $1.185M. 7.70% cap.
9. Neighborhood Center in Reno, NV: 57,896 SF shopping center built in 2004 in growing (384% pop growth since 2000) and high income (AHI $94K/yr in 3-miles) area. Shadow anchored by Smith’s Grocery. Across from Renown South Meadows Medical Center and near I-580. 73% leased to national/regional tenants. NOI $855K/yr. $12.495M. 6.85% cap. Upside potential when fully leased.

            (c) Transmercial 2014

06-18: EZ Pawn, CVS Pharmacy, Bassett Furniture, Shopping Centers

• AHI: Avg. Household Income.  National average is about $55+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. Retail Center in Meridian, ID: 6450 SF attractive retail center built in 2008 on .66 ac lot in high income Boise suburbs with an AHI of $107K/yr in 1 mile. Close to Roaring Springs Water Park and I-84. 100% leased to 3-tenants. NOI $71K/yr. $950K. 7.50% cap.
2. Strip Center in Woodbridge, VA: 7391 SF well maintained strip center along main corridor in Washington suburbs. Near Sentara Northern Virginia Medical, Potomac Mills Mall and I-95. 100% leased. NOI $120K/yr. $1.7M. 7.06% cap.
3. EZ Pawn in Chicago, IL: 5600 SF brand new retail building on .44 ac lot in densely populated area with over 700,000 residents in 5 mile radius. 10-yrs NNN- corp lease. NOI $140K/yr with 10% rent bumps every 5-yrs. $1.866M. 7.50% cap.
4. Retail Center in Sarasota, FL: 10,164 SF well kept retail center along major retail artery. Adjacent to Publix grocery center. 100% NNN leased with good/stable tenants mix. $1.995M. NOI/Cap N/A.
5. Neighborhood Center in Roswell, GA: 74,790 SF neighborhood center completed in 2004 at a hard corner location in growing Atlanta suburbs. Across from Power Center with Hobby Lobby, Big Lots, Dollar Tree and more. National tenants include: Auto Zone, Leslie’s Pool Supply and CiCi’s Pizza. NOI $912K/yr. $11.4M. 8% cap.
6. Strip Center in Puyallup, WA: 14,071 SF attractive new retail center in fast growing Tacoma/Seattle suburbs. 85% leased with 2,000 SF vacant unit. NOI $225K/yr. $3M. 7.50% cap.
7. Retail Center in Phoenix, AZ: 24,660 SF attractive retail center on over 2 ac lot with good tenant mix. 71% leased. Actual NOI $149K/yr. $1.972M. 7.60% actual cap. Upside potential when fully leased. Just $80/SF!
8. Shopping Center in Las Vegas, NV: 45,769 SF shopping center built in 19996 on nearly 4 ac lot at a major thoroughfare. Close to the STRIP and adjacent to I-15. 95% leased with two major ground leases (land for sale) McDonalds and Landry’s Seafood Restaurant. Pro forma NOI $820K/yr. $11M. 7.50% cap.
9. CVS in Baltimore, MD: 9216 SF CVS Pharmacy on .85 ac corner lot. On an off/on ramp of I-695. 100% NNN- lease with 3 yrs left. Store with $5.27M in annual sales revenue. NOI $190K/yr. $2.236M. 8.50% cap.
10. Bassett Home Furniture in Ontario, CA: 16,000 SF attractive retail building completed in 2007 on over 1 ac lot in San Bernardino County. Across from Ontario Mills Mall and near I-10/15. 100% NNN long lease. NOI $567K/yr. $7M. 8.10% cap.

            (c) Transmercial 2014

06-17: Tuffy Auto, O'Reilly Auto Parts, LA Fitness, Family Dollar, MOB, Apartments

1. Tuffy Auto in Jacksonville, FL: 5090 SF 4-bay newly constructed full-service automotive repair center at a main retail corridor. 100%  NNN lease to Tuffy Auto, a regional tenant with 15 yrs left. NOI $157K/yr with rent increases every 5 yrs. $2.2M. 7.15% cap.
2. O’Reilly Auto Parts in Atlanta, GA: 8000 SF retail building completed in 2005 on nearly 4 ac lot along main corridor. Close to Greenbriar Mall and I-285. 100% NNN- corp lease with 7-yrs left. NOI $65K/yr. $964K. 6.75% cap.
3. Retail Center in Beaverton, OR: 7430 SF well kept retail center built in 1994 on .78 ac lot at a hard corner location in Portland suburbs. Across from Beaverton Town Square. On an off/on ramp of Hwy-217. 100% NNN leased. NOI $129k/yr. $1.8M. 7.17% cap.
4. Strip Center in Antioch, CA: 7008 SF attractive strip center on .44 ac outparcel to Safeway and Rite Aid in San Francisco Bay Area. Strong demographics with AHI of $100+K/yr. Near Hwy-4. 100% NNN leased to Chase Bank and Great Clips. NOI $283K/yr. $3.775M. 7.50% cap.
5. LA Fitness in Goodyear, AZ: 45,000 SF Fitness Center built in 2010 in booming (1,676% pop growth) and high income (AHI $100K/yr in 1 mile) Phoenix MSA. Across from Canyon Trails Towne Center, with Super Target, Ross Dress For Less and Home Depot. 15-yrs NNN- lease with 11-yrs left. NOI $903K/yr with rent increases. $12.2M. 7.40% cap.
6. MOB in Fort Myers, FL: 24,174 SF Class-A medical office building in growing Cape Coral suburbs. 100% NNN leased with 4-yrs left to Lee Memorial Health Systems, largest employer in the county. Tenant recently invested in $700K in improvements.  NOI $361K/yr with rent increases. $4.375M. 8.25% cap.
7. Apartments in Los Angeles, CA: 6-units attractive multifamily complex completed in 2011 in densely populated area. Close to parks and I-110. NOI $99K/yr. $1.45M. 6.86% cap.
8. Strip Center in Sacramento, CA: 14,147 SF well maintained strip center at a corner location. Close to Country Club Plaza. $1.2M. NOI/Cap N/A.
9. Retail Center in Phoenix, AZ: 15,582 SF 7-units well maintained retail center on .89 ac lot at a signalized intersection. 87% leased with only 1 vacant unit. Actual NO $104K/yr. $1.224M. 8.50% actual cap. Upside potential when fully leased.
10. Family Dollar in Cincinnati, OH: 9272 SF single tenant retail building completed in 2009 at a corner location. 100% NNN- corp lease with 7-yrs left. NOI $136K/yr with a 10% rent bump in 2016. $1.775M. 7.68% cap. 

            (c) Transmercial 2014