01-21: Winn Dixie, Shopping Centers, Retail Plaza, MOB

Welcome new investors.  Transmercial is the only company in the US that offers this list of best properties between $900K to $30M 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.  Transmercial will guide you thru the whole acquisition process if needed.  It will track all the issues via the "Due Diligence Summary" report until they are all resolved prior to closing.

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. Winn Dixie in North Fort Myers, FL: 46,295 SF free-standing Winn Dixie supermarkets along major retail corridor in Cape Corral suburbs. 100% NNN- corp lease with 5-yrs left to a private company with 688 stores. NOI $525K/yr. $6M. 8.75% cap.
2. Retail Center in Mesa, AZ: 11,257 SF attractive retail center at a hard corner location in growing Phoenix suburbs. 100% NNN leased. NOI $181K/yr. $2.59M. 7.01% cap.
3. MOB in Lee’s Summit, IL: 14,078 SF Class-B multitenant medical office building completed in 2006 in Kansas City MSA. Across from 171-bed Saint Luke’s East Hospital. With easy access to I-470. 100% leased to DaVita, Arms Dodge Nephrology, Amedisys and Ophthalmology Practice. NOI $243K/yr. $3.36M. 7.24% cap.
4. Retail Plaza in Lawrenceville, GA: 38,800 SF consisting of two retail buildings constructed in 2009/2010 in fast growing Atlanta suburbs. All units face main corridor. Close to Gwinnett Medical Center and Hwy-316. Nearly fully leased to a diverse mix of local tenants. NOI $489K/yr. $6.1M. 8.02% cap.
5. Retail Center in South El Monte, CA: 11,086 SF well maintained retail center at a signalized corner location in densely populated Los Angeles County. Easy access to Hwy-60. 100% NNN leased. NOI $280K/yr. $3.95M. 7.10% cap.
6. Neighborhood Center in Atwater, CA: 109,698 SF shopping center renovated in 2007 on over 10 acres of land anchored by 87,888 SF K-Mart at a high traffic location in a growing city near Merced. 98% NNN leased with only two vacancies. NOI $709K/yr. $5.995M. 11.83% cap.
7. Shopping Center in Sunrise, FL: 31,524 SF well maintained shopping center on 6.69 ac lot along busy artery in Fort Lauderdale suburbs. 93% leased. NOI $327K/yr. $3.8M. 8.63% cap.
8. Retail Center in Las Vegas, NV: 11,288 SF attractive retail center built in 2005 at a corner location. Good demographics: 172% pop growth since 2000 and upper middle class area with an AHI of $70K/yr in a 3 mile ring. 100% leased. NOI $119K/yr. $1.49M. 8% cap.

            (c) Transmercial 2015