04-16: Tire Kingdom, Fast Auto Loans, AutoZone, Pawn 1, Fresenius, MOB, Retail Centers

1. Tire Kingdom in Saint Petersburg, FL: 7689 SF auto center renovated in 2006 on .60 ac corner lot along main retail corridor. 100% absolute NNN corp lease with 4½ yrs left. NOI $73K/yr. $1.018M. 7.24% cap.
2. Fast Auto Loans in Beaumont, CA: 4000 SF attractive single tenant retail building on .38 ac lot in growing San Bernardino suburbs. 10-yrs NNN corp lease with 9-yrs left to strong regional tenant with over 70 stores. NOI $78K/yr with 10% rent bumps every 5-yrs. $1.356M. 5.75% cap. NOTE: flyer not available, full brochure upon request.
3. AutoZone in Woonsocket, RI: 6201 SF AutoZone retail building on .61 ac lot at a signalized intersection along main artery. Across form shopping center with Sears and Savers. 100% NNN lease with 6-yrs left. NOI $78K/yr. $1.215M. 6.50% cap.
4. Office Building in Bakersfield, CA: 12,669 SF Class-B multitenant office building in a high income area with an AHI of $90K/yr in a 3-mile ring. Close to major power center with Target, Home Depot and Walmart Supercenter. 100% leased. NOI $183K/yr. $2.525M. 7.26% cap.
5. Pawn 1 in Boise, ID: 8828 SF single tenant pawn shop completed in 2009 on .72 ac corer lot. New15-yrs absolute NNN lease to a strong regional tenant with 16 locations. NOI $121K/yr with 2% annual rent bumps. $1.803M. 6.75% cap.
6. Retail Center in Fountain Hills, AZ: 20,661 SF attractive retail center constructed in 2001 on over 2 ac lot in growing and high income (AHI $94K/yr in 3 miles) Phoenix MSA. 81% leased to seven tenants. Actual NOI $183K/yr. $2.615M. 7% actual cap. Upside potential.
7. Shopping Center in Tucson, AZ: 25,600 SF well maintained shopping center built in 2001 on 4.34 ac lot at a hard corner location. Shadow anchored by Safeway grocery. 85% leased to thirteen tenants. Actual NOI $362K/yr. $4.95M. 7.33% cap.
8. Fresenius in North Randall, OH: 4620 SF Class-B Fresenius Medical Center on 1 ac lot in Cleveland suburbs. Close to Regency North Central Ohio Hospital and I-480. Recently executed 3-yr lease. NOI $136K/yr. $1.362M. 10% cap.
9. MOB in Tampa, FL: 4350 SF eye-catching single tenant medical office building renovated in 2005 on .45 ac lot. Close to Memorial Hospital of Tampa. New 10 yrs absolute NNN lease  to Jay J. Garcia MD Weight Loss & Wellness Center with 3 locations in Tampa. NOI $117K/yr. with 3% annual rent bumps.  $1.62M. 7.25% cap.
10. Retail Center in Chesterfield, MO: 13,558 SF attractive retail center on 2 ac lot at a hard corner location in prosperous St. Louis suburbs with an AHI of $158K/yr in 1 mile. 100% leased. NOI $250K/yr. $2.95M. 8.50% cap.

            (c) Transmercial 2015

04-15: MOB, Office Buildings, Retail Centers, Shopping Centers

1. Neighborhood Center in Manteca, CA: 54,643 SF attractive shopping center built in 2007 on 5.47 ac lot in Stockton suburbs. Anchored by PetSmart. 84% NNN leased to eleven tenants. Actual NOI $569K/yr. $8.676M. 6.56% actual cap. Upside potential.
2. Office/MOB in Livonia, MI: 7100 SF Class-A office & medical building completed in 2001 on .60 ac lot in high income (AHI $86K/yr in 1 mile) Detroit suburbs. Close to St. Mary Mercy Livonia Hospital. 72% leased to multiple tenants. Actual NOI $103K/yr. $1.15M. 9% actual cap.
3. Retail Plaza in Littleton, CO: 53,587 SF well maintained shopping center on 4.41 ac lot in high income (AHI $93K/yr) Denver suburbs. Across from Southwest Plaza Mall, with Dillard’s, Macy’s, Sears and JCPenney. 91% NNN leased.  NOI $397K/yr. $4.96M. 8% cap.
4. Strip Center in Palos Heights, IL: 5548 SF strip center on .69 ac outparcel to Jewel-Osco supermarket in high income Chicago suburbs. 100% NNN leased to Lou Malnati' s Pizzeria, Great Clips, Jersey Mike' s Subs and Forever Yogurt. NOI $121K/yr. $1.737M. 7% cap.
5. Retail Center in Spring, TX: 26,670 SF retail center built in 2005 on over 2 ac lot along main artery in high income Houston suburbs with an AHI of $98K/yr in a 3 mile ring. 95% NNN leased with only 1 vacancy. Pro forma NOI $441K/yr. $4.995M. 8.80% cap.
6. Retail Center in Rancho Cordova, CA: 26,571 shopping center on nearly 2 ac lot in growing Sacramento suburbs. With easy access to Hwy-50. 100% leased to six tenants. NOI $227K/yr. $2.2M. 10.30% cap.
7. MOB in Independence, MO: 19,239 SF Class-A  medical office building constructed in 2004 on 2.48 ac lot in Kansas City suburbs. Across from Costco and Lowe’s. Close to Centerpoint Ambulatory Surgery Center, Independence Mall and I-70/470. 100% leased to two medical tenants. NOI $430K/yr. $5.408M. 7.95% cap.
8. MOB in Bethlehem, PA: 22,742 SF well maintained multitenant medical office building on 2.56 ac lot in Philadelphia suburbs. Close to Good Shepherd Specialty Hospital. 100% NNN leased to 3 tenants: Fresenius (S&P BBB-), DaVita (S&P BB) and Valley Kidney Specialist. All under new10-yrs NNN lease. NOI $357K/yr with annual rent increases. $5.338M. 6.70% cap.
9. Office Building in Tinley Park, IL: 23,101 SF Class-A office building completed in 2007 on 1.22 ac lot in fast growing (172% pop growth since 2000) and affluent (AHI $115K/yr) Chicago suburbs. Visible and next to I-80. 96% leased to multiple tenants. Pro forma NOI $358K/yr. $4.39M. 8.30% pro forma cap.
10. Retail Center in Rex, GA: 14,000 SF retail center built in 2008 on 3.49 ac lot in growing Atlanta suburbs. All units face Hwy-42. 71% leased. Actual NOI $89K/yr. $1.095M. 8.18% cap.

            (c) Transmercial 2015

04-14: Smart & Final, Dollar Tree, Arby's, MOB, Office Building, Retail Center

1. Retail Center in Lawrenceville, GA: 20,869 SF eye-catching retail center constructed in 2010 on over 2 ac lot along main artery. In fast growing and upper middle class Atlanta suburbs. 100% leased to ten tenants. NOI $280K/yr. $3.412M. 8.21% cap.
2. Smart & Final and Dollar Tree in Moreno Valley, CA: 39,268 SF two tenant retail center on 3.67 ac lot at a signalized intersection in growing Riverside County. 100% NNN leased to brand name tenants. NOI $407K/yr. $7.41M. 5.50% cap.
3. Retail Center in Southaven, MS: 15,900 SF attractive retail center built in 2007 on 2.29 ac lot in growing Memphis suburbs. Close to Baptist Memorial Hospital-Desoto and I-55/69. Immediately surrounded by national retailers including Walmart Supercenter, Target, Home Depot, Marshalls, Petco, Office Depot, and Sports Authority. 100% NNN leased to Belhaven University, Ageless Men’s Health, Firehouse Subs, Batteries Plus, AAA, Sport Clips and Swankys Taco Shop. NOI $275K/yr. $3.5M. 7.87% cap.
4. MOB in Winston Salem, NC: 10,584 SF Class-A multitenant medical office building completed in 2008 on 1.31 ac lot in a fast growing area. 83% leased to 2 medical tenants. Actual NOI $96K/yr. $1.2M. 8% cap. Upside potential when fully leased.
5. Retail Center in Alpharetta, GA: 17,700 SF attractive retail center in affluent Atlanta suburbs with an AHI of $108K/yr in a 3 mile radius. NNN leased. NOI $270K/yr. $3.6M. 7.50% cap.
6. Shopping Center in Urbandale, IA: 22,771 SF retail center built in 2001 on 3 ac lot in fast growing and high income (AHI $99K/yr in 3 miles) Des Moines suburbs. Outparcel to Super Target and Home Depot. Next to I-80/35. 86% NNN leased to 11 tenants including US Cellular, Great Clips, Game Stop, Quiznos, and Top Nails. Current NOI $239K/yr. $3.189M. 7.50% cap. Upside potential when fully leased.
7. Office Building in Sandy, UT: 26,056 SF recently remodeled professional/medical office building in growing middle-class Salt Lake City suburbs. Close to Alta View Hospital and major power center with Walmart Supercenter. 93% leased. NOI $178K/yr. $1.98M. 9% cap.
8. Retail Center in Englewood, CO: 13,258 SF attractive retail center built in 2001 on 1.47 ac lot in booming (1,906% pop growth since 2000) and affluent (AHI $110K/yr in 3 miles) Denver MSA. Close to I-25. 100% leased to six tenants. NOI $238K/yr. $3.275M. 7.28% cap.
9. MOB in Chandler, AZ: 10,706 SF Class-B medical office building on 1.23 ac lot in Phoenix suburbs. Close to Chandler Regional Medical Center and Banner Desert Medical Center. 87% leased with only one vacant unit. Pro forma NOI $110K/yr. $1.4M. 7.90% pro forma cap.
10. Arby’s in Muskegon, MI: 3,300 SF Arby’s Restaurant constructed in 2001 on over 1 ac outparcel to The Lakes Mall with over 76 stores. With easy access to Hwy-31. 100% absolute NNN lease with 7-yrs left. NOI $144K/yr with 1% annual rent increases. $1.999M. 7.25% cap.

            (c) Transmercial 2015

04-13: Retail Center, Pet Resort, MOB

1. Retail Center in Burlington, WA: 17,569 SF retail center built in 2006 on 1.47 ac lot in a growing town North of Seattle. Adjacent to Cascade Mall, with AMC Theaters, Macy’s and JCPenney. With easy access to I-5.  93% NNN leased with good tenant mix including, DaVita Dialysis and Weight Watchers. NOI $254K/yr. $3.56M. 7.15% cap. Note: Flyer not available full brochure upon request.
2. Retail Building in El Paso, TX: 11,830 SF well maintained retail building on .40 ac lot at a signalized corner location. 100% leased to Dollar Tree and Bryant’s Market. NOI $123K/yr. $1.83M. 6.75% cap.
3. Strip Center in Orlando, FL: 12,778 SF attractive retail center built in 2001 on 1.30 ac lot at a busy thoroughfare and in high income area with an AHI of $83K/yr in 1 mile. Adjacent to Publix Grocery center. 100% NNN leased. NOI $214K/yr. $2.952M. 7.25% cap.
4. Retail Center in Branchburg, NJ: 8250 SF well kept retail center on over 1 ac lot along US Route 202 in affluent (AHI $123K/yr in 3 miles) New York MSA. 100% leased. NOI $144K/yr. $2.05M. 7.06% cap.
5. Pete and Mac’s Pet Resort in Gilbert, AZ: 14,000 SF freestanding building constructed in 2006 on .84 ac corner lot in upper middle class Phoenix suburbs. 15-yrs NNN lease with 7-yrs left to successful operator. NOI $221K/yr with 2.5% annual rent increases. $2.957M. 7.50% cap.
6. Retail Building in Coram, NY: 25,000 SF retail building on 2½ ac lot along retail corridor. Good demographics: growing and high income area with an AHI of $86K/yr in a 3 mile radius. Tenants include: Benjamin Moore, The Gun Shop and King’s Pottery. NOI $166K/yr. $2.225M. 7.50% cap.
7. MOB in Berwyn, IL: 9400 SF Class-B single tenant medical office building at a signalized corner location in Chicago suburbs. Adjacent to centers with Meijer grocery, Jewel-Osco grocery, Kohl’s Toys “R” Us and Petco. Close to North Riverside Park Mall. 15-yrs NNN- lease with 14-yrs left to Oak Street Health. NOI $192K/yr with 2.5% annual rent increases. $2.75M. 7.01% cap.
8. Alexian Brothers Health System in Addison, IL: 11,200 SF Class-A single tenant 24-hrs full-service facility on 1.34 ac lot along major corridor in high income (AHI $89K/yr) Chicago suburbs. With easy access to I-355. 100% NNN lease with 3-yrs left. NOI $252K/yr. $3.45M. 7.33% cap.

04-10: Neighborhood Center, Inline Center, Retail Centers, Strip Centers

1. Strip Center in Windsor Mill, MD: 6000 SF strip center built in 2013 on .66 ac lot at a signalized intersection in growing Baltimore suburbs. 100% NNN leased to EJW Distributors, Boost Mobile & Metro PCS, Momo’s, C-Mart and church. NOI $103K/yr. $1.255M. 8.25% cap.
2. Retail Center in Fort Worth, TX: 15,073 SF retail center completed in 2004 on 1.41 ac lot. Across from 225,000 SF Chapel Hill Center, with upscale restaurants including WorldPlus Market, James Avery Jewelry, Mi Cocina and Buttons. With easy access to I-30. 100% NNN leased to five tenants. NOI $373K/yr. $4.5M. 8.30% cap.
3. Retail Center in Evansville, IN: 6312 SF well maintained retail center on nearly 1 ac lot. Across from Eastland Mall. 100% leased to 2 brand name tenants: Sprint and Schlotsky’s Deli/Cinnabon. NOI $93K/yr. $1.16M. 8% cap.
4. Shopping Center in Rialto, CA: 25,352 SF attractive shopping center on 1.78 ac lot along main corridor in San Bernardino County.  Anchored by a 9600 SF Family Dollar store.100% leased. NOI $266K/yr. $4.1M. 6.5% cap.
5. Shopping Center in Perris, CA: 48,331 SF shopping center constructed in 1991 on over 5 ac lot in fast growing Riverside County. Across from new 180,000 SF Super Walmart. With easy access to I-215. NOI $723K/yr. $10.3M. 7.02% cap.
6. Retail Center in Santa Rosa, CA: 21,230 SF attractive retail center completed in 2003 on 1½ ac lot in fast growing & upper middle class town North of San Francisco. 92% leased to national, regional and local tenants. Pro forma NOI $323K/yr. $4.95M. 6.50% pro forma cap.
7. Inline Center in Waukegan, IL: 18,200 SF inline center in growing Chicago suburbs. Shadow anchored by Target and Jewel Oslo grocery. Good tenants mix: GNC, Hair Cuttery, H&R Block, Sears Optical and Envy Nails. 92% NNN leased. Actual NOI $290K/yr. $3.87M. 7.50% cap.
8. Neighborhood Center in Melrose, IL: 138,355 SF shopping center on over 11 ac lot at a major retail intersection anchored by Planet Fitness, Harbor Freight and FAMSA. Adjacent to T.J Maxx, Burlington Coat Factory and Tony’s Finer Foods. Close to Kindred Hospital. 82% NNN leased. Actual NOI $1.031M/yr. $14.25M. 7.24% cap.

            (c) Transmercial 2015

04-09: Fast Auto Loans, Merchant's Tire, Jiffy Lube, Golden Corral, Office Buildings

1. Fast Auto Loans in Pittsburg, CA: 2676 SF newly renovated retail building on .72 ac lot visible from Hwy-4 in growing Contra Costa County. Adjacent to Home Depot and WinCo Foods. New 7-yrs NN corp lease. NOI $95K/yr with 2% annual rent increases. $1.59M. 6% cap.
2. Merchant’s Tire in Henrico, VA: 7080 SF single-tenant auto center on .65 ac lot in growing & upper middle class (AHI $83K/yr in 3 miles) Richmond suburbs. Across from Walmart Supercenter and Regency Square Mall. 20-yrs absolute NNN lease with 6-yrs left. NOI $216K/yr. $2.71M. 8% cap.
3. Jiffy Lube in Mesa, AZ: 4130 SF well maintained two-bay auto center at a busy corridor in growing Phoenix suburbs. Next to Walgreens and with easy access to Hwy-202. 20-yrs absolute NNN lease with 13-yrs left. NOI $106K/yr with 10% rent increases in yrs 10 & 15. $1.578M. 6.75% cap.
4. Shopping Center in Phoenix, AZ: 21,219 SF consisting of three retail buildings on 1.37 ac lot along main corridor and at a signalized intersection. Shadow anchored by 99 cents Only. Next to Home Depot.  Close to Paradise Valley Hospital and Hwy-51. 93% leased. NOI $245K/yr. $3.063M. 8% cap.
5. Office Building in Sacramento, CA: 52,252 SF Class-A single-tenant office building constructed in 1998 on 5.69 ac lot along main artery. Tenant has been at this location since 1998. 100% lease with over 7-yrs left Sacramento county. NOI $752K/yr. $8.95M. 8.43% cap.
6. Retail Center in West Sacramento, CA: 22,198 SF attractive retail center built in 1992 on 1.61 ac lot at a hard corner location. Near I-80. 90% leased to Kelly Moore, Harbor Dental, Subway, Nail Salon, Check into Cash and Raku Sushi. NOI $411K/yr. $5.175M. 7.95% cap.
7. KinderCare in Palatine, IL: 6175 SF daycare facility on nearly 1 ac lot in high income Chicago suburbs with an AHI of $96K/yr in1 mile ring. Tenant has been at this location since 1989. 100% absolute NNN corp lease with 5-yrs left. NOI $123K/yr with 2% annual rent increases. $1.65M. 7.50% cap.
8. Office Building in Austin, TX: 50,836 SF Class-B office building in a high income area and along Hwy-183. 90% NNN leased with good tenant mix including, attorneys, consultants, social services, doctors and technology tenants. Actual NOI $485K/yr. $6.66M. 7.29% actual cap. Upside potential.
9. Golden Corral in Humble, TX: 11,414 SF Golden Corral Restaurant on over 2 ac outparcel to Sam’s Club and across from Kroger grocery in Houston metro. Adjacent to major power centers, Deerbrook Mall and with easy access to Fwy-59.  100% NNN lease with 2-yrs left. NOI $223K/yr. $2.787M. 8% cap.
10. Retail Center in New Port Richey, FL: 27,077 SF well kept retail center constructed in 2006 on 5 ac lot in Tampa metro. All units face Hwy-1.  Tenants include: H&R Block, Allstate, Day Care, Doctors Offices, Marco’s Pizza and Bridal Shop. NOI $264K/yr. $3.3M. 8% cap.

            (c) Transmercial 2015 

04-08: Hereford House Steakhouse, Strip Centers, Retail Centers, Office Buildings

1. Retail Center in Indianapolis, IN: 16,785 SF attractive retail center built in 2008 on 1.79 ac corner lot close to I-74/465.  Tenants include: Huntington Bank, Subway, Sprint, Noble Romans, Gone Kountry and Sky Nails. NOI $257K/yr. $3.32M. 7.75% cap.
2. Hereford House in Leawood, KS: 11,055 SF Steakhouse Restaurant on 1 ac outparcel to Town Center Plaza in high income (AHI $98K/yr) Kansa City suburbs. Close to Menorah Medical Center. 15-yrs absolute NNN lease with 12-yrs left to tenant with 4 locations.  NOI $254K/yr with annual rent increases. $3.512M. 7.25% cap.
3. Office Building in Flower Mound, TX: 16,415 SF Class-B consisting of three medical/office  buildings completed in 1998 on 1.77 ac lot in growing and prosperous Fort Worth/Dallas suburbs with an AHI of $134K/yr. 97% leased to multiple tenants. Actual NOI $206K/yr. $2.55M. 8.10% cap.
4. Retail Center in Altamonte Springs, FL: 52,800 SF well maintained retail center along busy corridor in Orlando suburbs. Close to Altamonte Mall and I-4. Actual NOI $513K/yr. $5M. 10% cap.
5. Retail Center in Kissimmee, FL: 42,183 SF attractive retail center on 4.53 ac lot along Hwy-530 in Orlando metro. Close to Florida Hospital Celebration Health Hospital and I-4. Major tenants include: Ponderosa Steak House and Big Bargain World. 88% leased. Actual NOI $512K/yr. $5.1M. 10.05% cap. Upside potential.
6. Starbucks Coffee in Little Rock, AR: 1750 SF Starbucks Coffee constructed in 2006 on .46 ac lot along busy retail corridor. Near I-430. 10-yrs NNN- corp lease with 2-yrs left. NOI $92K/yr. $1.23M. 7.50% cap.
7. Strip Center in Edinburg, TX: 12,025 SF attractive strip center built in 2007 on over 1 ac lot in McAllen suburbs. Across from Walmart Supercenter. 90% NNN leased. NOI $236K/yr. $3.29M. 7.20% cap.
8. Retail Center in Minneapolis, MN: 30,712 SF well kept retail center at a corner location. 90% leased to Family Dollar, Mega Wash, Adult Day Care and Nokomis Child Care Center. Actual NOI $228K/yr. $2.6M. 8.80% cap.
9. Shopping Center in Topeka, KS: 37,189 SF shopping center on 2.83 ac lot close to West Ridge Mall and I-470. 100% leased to 4 tenants: Goodwill, Going Bonkers, Verizon and Bella Salon. Pro forma NOI $304K/yr. $3.5M. 8.70% cap.
10. Retail Center in Chandler, AZ: 11,665 SF attractive retail center in booming (1,586% pop growth since 2000) and affluent (AHI $112K/yr) Phoenix suburbs. 100% leased. NOI $258K/yr. $3.569M. 7.25% cap.

            (c) Transmercial 2015

04-07: Hancock Fabrics, Midas, Midwest Pain Clinic, Retail Centers

1. Retail Center in Dickinson, TX: 22,745 SF retail center built in 2009 on nearly 2 ac lot in fast growing and high income (AHI $87K/yr) Houston suburbs. 89% NNN leased. NOI $322K/yr. $3.555M. 9.08% cap.
2. Hancock Fabrics in Longmont, CO: 15,229 SF well maintained strip center on .94 ac lot at a signalized corner location in Denver metro. Recently renewed 5-yrs lease with roughly 6-yrs left. Pro forma NOI $94K/yr. $1.29M. 7.33% cap.
3. Midas in Port Charlotte, FL: 4970 SF built-to-suit automotive center on .36 ac lot along major retail artery. 20-yrs NNN lease with 3-yrs left. NOI $74K/yr with CPI rent increases every 2yrs. $999K. 7.50% cap.
4. Retail Center in Cordova, TN: 15,100 SF attractive retail center constructed in 1991 on 1.43 ac lot in Memphis suburbs. 100% NNN leased to AutoZone, Trinity Learning Center and Advance Prosthetics. NOI $217K/yr. $3.45M. 6.30% cap.
5. Shopping Center in Allen, TX: 48,849 SF shopping center built in 1999 on 8.46 ac lot at a hard corner location in growing and affluent Dallas suburbs with an AHI of $132K/yr in 1 mile. 86% leased with good tenant mix including: Wendy' s, Taco Bell, BB&T Bank, H&R Block, Subway, Little Caesars, GNC, Edward Jones and Farmers Insurance among others. Actual NOI $832K/yr. $11.641M. 7.15% actual cap. Upside potential.
6. Midwest Pain Clinic in Omaha, NE: 26,986 SF Class-A single-tenant medical office building completed in 1993 on 2 ac lot. Close to Methodist Hospital, Westroads Mall and I-680. 10 yrs absolute NNN lease. NOI $332K/yr. $4.6M. 7.22% cap.
7. Retail Center in Plano, TX: 22,900 SF well maintained retail center constructed in 1999 in growing and affluent Dallas metro with an AHI of $145K/yr in 1 mile. 8.5% cap. NOI/Price N.A.
8. Retail Center in Lauderhill, FL: 66,103 SF retail center on 8.76 ac lot close to Florida Medical Center in Fort Lauderdale metro. 89% leased with excellent tenant mix. Actual NOI $526K/yr. $7.95M. 6.62% cap.
9. Shopping Center in Pompano Beach, FL: 61,658 SF well kept shopping center on 4.51 ac lot at a signalized intersection in Fort Lauderdale metro. Near Broward Health Imperial Point. 80% leased. NOI $346K/yr. $4.5M. 7.70% actual cap. Upside potential as rent is below market rent.
10. Strip Center in Vernon Hills, IL: 12,113 SF attractive strip center on 1.38 ac lot at a signalized intersection in affluent (AHI $115K/yr in a 3 mile ring) Chicago suburbs. 85% leased. NOI $175K/yr. $1.95M. 9% cap.

            (c) Transmercial 2015

04-06: Rite Aid, Burger King, Office Building, Strip Centers, Shopping Centers

1. Strip Center in Aurora, CO: 15,800 SF attractive strip center built in 2006 on 1.65 ac lot at a hard corner location in high income (AHI $93K/yr in 3 miles) Denver suburbs.  Tenants include: Big 5 Sporting Goods, Subway, H & R Block and Quincy Liquor. 100% NNN- leased. NOI $336K/yr. $4.082M. 8.25% cap. Buyer to assume $2.804M at 5.57% interest rate.
2. Rite Aid in Antioch, CA: 16,708 SF well maintained drive-thru pharmacy constructed in 2000 on nearly 2 ac corner lot in high income (AHI $96K/yr) Contra Costa County. Adjacent to Epic Care and close to Sutter Delta Medical Center.  20-yrs NNN- corp lease with over 5-yrs left. NOI $303K/yr. with 5% rent bump each 5 yrs options.  $5M. 6.07% cap.
3. Shopping Center in Chicago, IL: 29,891 SF 14-units well maintained shopping center on over 1 ac lot along major retail artery. 92% leased with good tenant mix including: Aaron’s Little Caesars, Sprint, Subway and Universal Dental Group. NOI $444K/yr. $5.855M. 7.59% cap. Upside potential when fully occupied.
4. Retail Center in Meridian, ID: 22,008 SF retail center constructed in 1999 on 1.71 ac lot at a high traffic location in growing (49% pop growth since 2000) and upper middle Boise suburbs with an AHI of $83K/yr in 1 mile ring. Across from Meridian Crossroads with, Sportsman’s Warehouse, Ross, Shopko, PetSmart and Beth Bath & Beyond. Close to St. Luke’s Meridians Medical Center and I-84. 100% leased. NOI $269K/yr. $3.845M. 7% cap.
5. Office Building in Santa Ana, CA: 10,808 SF Class-B multitenant office building on .43 ac lot in densely populated Los Angeles suburbs. Close to Kindred Hospital Santa Ana and with easy access to I-5. 98% occupied. NOI $113K/yr. $1.275M. 8.92% cap.
6. Burger King in Louisville, KY: 3159 SF fast food restaurant remodeled in 2012 on 1.24 ac lot with good visibility. New 10-yrs NNN lease. NO $82K/yr. $1.38M. 6% cap.
7. Neighborhood Center in Lake Stevens, WA: 96,341 SF attractive shopping center on over 12 ac lot in high income Seattle suburbs. Anchored by 22,289 SF Rite Aid, Dollar Tree & Ace Hardware. Shadow anchored by Albertsons. 98% leased. $1.259M/yr. $18.25M. 6.90% cap.
8. Strip Center in Fort Wayne, IN: 12,227 SF attractive strip center on 1.33 ac lot in a high income (AHI $94K/yr) neighborhood. Adjacent to Walgreens and across from Kroger grocery center. Near Dupont Hospital Outpatient Hospital and I-69. 100% NNN leased with national tenants. NOI $224K/yr. $2.839M. 7.90% cap.
9. Retail Center in Lexington, KY: 13,500 SF attractive retail center on .87 ac lot along busy retail corridor. 80% leased. Actual NOI $124K/yr. $1.55M. 8% actual cap. Upside potential.
10. Retail Center in Lilburn, GA: 12,480 SF retail center constructed in 2005 on 1.70 ac corner lot in growing Atlanta suburbs. Close to Walmart Supercenter and Home Depot. 100% leased to ten tenants. NOI $193K/yr. $2.415M. 8% cap.

            (c) Transmercial 2015

04-03: Pet Paradise, KFC Restaurant, Office Buildings, Retail Centers

1. Shopping Center in Chandler, AZ: 55,194 SF well maintained shopping center on 4.62 ac lot at a hard corner location. Across from Home Depot, Safeway and Staples. Close to Chandler Regional Medical Center. 81% leased with good tenant mix including: Anytime Fitness, Filiberto’s, Sweeties Candy, 360 Physical Therapy, Novacur Pin Center and EVDI Medical Imaging among others. NOI $742K/yr. $10.6M. 7% cap.
2. Office Building in Jacksonville, FL: 16,222 SF Class-A multitenant office building on .74 ac lot along busy artery and near Hwy-1. 100% leased. NOI $195K/yr. $2.325M. 8.36% cap.
3. Shopping Center in Bell, CA: 22,686 SF consisting of three free standing retail buildings in densely populated Los Angeles area with nearly 900,000 residents in a 5 mile radius. Close to I-710.  Excellent tenant mix with only two vacancies. Actual NOI $566K/yr. $8.7M. 6.51% cap.
4. Office Building in Keller, TX: 7685 SF Class-B office building constructed in 1999 in affluent (AHI $144K/yr) Fort Worth/Dallas suburbs. 100% NNN leased to four medical/dental & professional tenants. NOI $119K/yr. $1.7M. 7% cap.
5. Retail Center in Oakland Park, FL: 20,159 SF well maintained retail center on 1.31 ac lot along busy artery in Miami suburbs. Close to I-95. 88% leased. NOI $165K/yr. $2.36M. 7% cap.
6. Pet Paradise in Plano, TX: 12,000 SF retail building completed in 2012 on 1.42 ac lot in upper middle class Dallas suburbs. Adjacent to major power centers with Costco, Target and Kohl’s. With easy access to Hwy-75. 100% absolute NNN lease with 17-yrs left to a regional operator with over 20 units. NOI $228K/yr with 2% annual rent bumps. $3.04M. 7.50% cap.
7. KFC in Palm Harbor, FL: 2627 SF KFC Restaurant built in 1999 on over 3 ac lot along Hwy-19 in Tampa suburbs. 100% NNN corp ground lease (land is for sale) with 5-yrs left. NOI $71K/yr. $1.197M. 6% cap.

            (c) Transmercial 2015 

04-02: FastMed Urgent Care, Professional Centers, Neighborhood Centers, Strip Centers, Office Buildings

1. Neighborhood Center in Gladstone, MO: 190,006 SF attractive shopping center on over 15 ac corner lot anchored by 61,990 SF Price Chopper and 51,626 SF Hobby Lobby in Kansas City suburbs. 91% leased with good tenant mix. NOI $1.389M/yr.  Best offer.
2. Strip Center in Palm Harbor, FL: 9056 SF strip center built in 1999 on nearly 3 ac lot with excellent visibility in upper middle class Tampa suburbs. 100% NNN leased with good tenant mix including The Vitamin Shoppe. NOI $194K/yr. $2.782M. 7% cap.
3. Shopping Center in Dallas, TX: 75,201 SF well maintained shopping center on 3.67 ac lot in high income (AHI $84K/yr in 3 miles) area. Good tenant mix: ACE Hardware, Spec' s Liquor, Fresh Market grocery store, PetSmart, Starbucks, Digg' s Taco Shop, and Luke' s Locker. NNN leased. Projected NOI $1.6M.  Best offer.
4. FastMed in Tempe, AZ: 3700 SF well maintained Urgent Care Center built in 1997 on .69 ac lot in Phoenix suburbs. Next to I-10 exit. 10 yrs NNN lease with 2 yrs left. NOI $91K/yr. $1.2M. 7.6% cap.
5. Professional Center in Brooklyn Park, MN: 18,428 SF Class-B multitenant medical & professional building constructed in 1998 on 2.45 ac lot in high income Minneapolis suburbs with an AHI of $89K/yr in 1 mile. Anchored by Children' s Hospitals and Clinics of Minnesota.  88% leased. NOI/Cap N/A.
6. Retail Center in Louisville, KY: 23,408 SF attractive retail center built in 2005 on 3.40 ac lot in growing and high income area. 100% NNN leased to Papa Murphy's, Liberty Tax, Sola Salon Studio, Langsford Learning Center, University of Louisville Physicians, Kenney Orthopedics, and Tipton & Unroe foot and ankle care. NOI $461K/yr. $6.125M. 7.53% cap.
7. Retail Center in Spring, TX: 20,888 SF newly renovated retail center on nearly 2 ac lot at a signalized intersection in Houston suburbs. Good demographics: 285% pop growth since 2000 and AHI of $90K/yr in 1 mile. 92% leased. NOI $224K/yr. $2.8M. 8% cap.
8. Shopping Center in Houston, TX: 30,000 SF recently renovated shopping center on 2.43 ac lot along main corridor & in densely populated area with over 500,000 residents in a 5-mile ring. Excellent visibility.  83% leased. NOI $258K/yr. $3.225M. 8% cap.
9. Office Building in Glen Rock, NJ: 20,000 SF Class-B office building on .45 ac lot in affluent New York metro with an AHI of $149K/yr in 1 mile. 95% leased to multiple tenants. Actual NOI $192K/yr. $2.4M. 8% cap. Upside potential when fully leased.
10. Strip Center in Gilbert, AZ: 8616 SF attractive strip center in high growth and high income (AHI $92K/yr in 3 miles) Phoenix suburbs. Near Hwy-202. 100% NNN leased. NOI $124K/yr. $1.665M. 7.50% cap.

            (c) Transmercial 2015

04-01: AutoZone, Retail Centers, Shopping Centers, Strip Centers

Welcome new investors.  Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states.  These properties are selected from 300-400 daily listings on major commercial real estate companies, 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. Shopping Center in Granite Bay, CA: 86,039 SF well maintained shopping center on over 10 ac lot in affluent Sacramento suburbs with an AHI of $123K/yr in 3 miles. Notable tenants include: Ace Hardware, Ripped Fitness and Dutch Bros. 67% NNN leased. Actual NOI $680K/yr. $10.295M. 6.61% cap. Upside potential when fully leased.
2. Retail Center in West Haven, CT: 37,050 SF retail center close to I-95. NNN leased to Tutor Time Daycare, Laundry Capital Laundromat, Big Bargain C Discount Store and RVP Recording Studios. NOI $325K/yr. $3.515M. 9.25% cap.  
3. Retail Center in Mundelein, IL: 16,803 SF attractive retail center on 1½ ac lot along busy retail corridor and in high income (AHI $110K/yr in 3 miles) Chicago suburbs. 100% leased by six tenants. NOI $238K/yr. $2.8M. 8.50% cap.
4. Strip Center in Littleton, CO: 10,000 SF strip center built in 204 on 1.40 ac lot in affluent Denver metro with an AHI of $108K/yr in 1 mile. Near Hwy-470. 100% NNN leased. NOI $208K/yr. $3.05M. 6.85% cap.
5. Retail Center in Hendersonville, TN: 20,038 SF L-shaped newly constructed retail center in growing Nashville suburbs. Adjacent to Home Depot and close to Walmart Supercenter. 80% leased to seven tenants. Actual NOI $460K/yr. $6.345M. 7.25% actual cap. Upside potential.
6. AutoZone in San Bernardino, CA: 10,500 SF AutoZone on 1 ac outparcel to Harbor Freight Tools. Near Inland Center Mall with easy access to I-215.  100% leased.  NOI $120K/yr. $2.275M. 5.27%cap.
7. Retail Center in Phoenix, AZ: 18,952 SF attractive retail center in high income neighborhood with an AHI of $89K/yr in 1 mile. Property is surrounded by Walgreens,  Trader Joe’s, Safeway and Fry’s Grocery centers. 90% NNN leased. Proforma NOI $327K/yr.  $3.6M. 9.1% pro forma cap.
8. Shopping Center in Cape Coral, FL: 16,000 SF like-new retail center on 1.6 ac lot on a major artery.  87% leased.  NOI $135K/yr. $1.875M. 7.2% cap.

            (c) Transmercial 2015

03-31: Walgreens, Tuffy Auto, Retail Centers, Shopping Centers

1. Retail Center in Edinburg, TX: 12,025 SF retail center built in 2007 on over 1 ac lot in fast growing McAllen suburbs. Across from Walmart Supercenter. 92% NNN leased with good tenant mix including: Subway, Metro PCS and SuperCuts. NOI $236K/yr. $3.29M. 7.20% cap.
2. Shopping Center in Crowley, TX: 26,158 SF brick & Stone construction shopping center built in 2003 on 2.54 ac lot in growing and high income Fort Worth suburbs. Tenants include: Vixen Vapors, Integrated Spinal Solutions, Dental Office, Edward Jones, Nail Salon, Stacy Nicole, Advance America, Planet Beach and Italian Restaurant. 61% NNN leased. Actual NOI $175K/yr. $2.815M. 6.25% actual cap. Upside potential. 
3. Strip Center in Fort Worth, TX: 9730 SF strip center completed in 2006 on 1 ac lot along main corridor in growing and high income area with an AHI of $94K/yr in 1 mile. 66% NNN leased with only two vacancies. Actual NOI $87K/yr. $$1.455M. 6% actual cap. Upside potential.
4. Neighborhood Center in Pearland, TX: 42,719 SF eye-catching shopping center built in 2007 on over 20 acres of land in growing (274% pop growth since 2000) and affluent (AHI $101K/yr in 1 mile) Houston suburbs. Shadow anchored by 100,000 SF Kroger Grocery. On off/on ramp of Fwy-288. 91% leased. Pro forma NOI $989K/yr. $13.2M. 7.5% cap.
5. Retail Center in Urbandale, IA: 22,771 SF retail center built in 2001 on 3 ac lot in high income (AHI $99K/yr in 3 miles) Des Moines suburbs. Outparcel to Super Target and Home Depot. Next to I-80. 86% NNN leased. NOI $239K/yr. $3.189M. 7.50% cap.
6. Shopping Center in Midlothian, IL: 62,684 SF shopping center renovated in 2008 on 9 ac lot at a signalized corner location in upper middle class Chicago suburbs. Notable tenants include: Charter Fitness, White Castle, Subway, H&R Block and State Farm. 75% NNN leased. Actual NOI $489K/yr. $6.12M. 8% actual cap.
7. Walgreens in McDonough, GA: 15,120 SF Walgreens Pharmacy constructed in 2001 on nearly 2 ac lot at a hard corner location in fast growing Atlanta suburbs. 100% NNN- corp lease with 6-yrs left. NOI $347K/yr. $4.968M. 7% cap.
8. Strip Center in Lithia Springs, GA: 4747 SF attractive strip center constructed in 2010 on .72 ac lot in Atlanta metro. All tenants face main corridor. Adjacent to Walgreens and across from Kroger Center. 100% NNN leased to 3 brand name tenants: AT&T, Church’s Chicken and Liberty Tax. NOI $84K/yr. $1.12M. 7.53% cap.
9. Tuffy Auto in Port Saint Lucie, FL: 3960 SF auto service center built in 2004 along major retail artery in fast growing city. 100% NNN lease with 4-yrs left. NOI $113K/yr. $1.6M. 7.09% cap.

            (c) Transmercial 2015

03-30: Lonestar Steakhouse, MOB, Office Buildings, Shopping Centers

1. Shopping Center in Ocala, FL: 90,440 SF attractive shopping center built in 1993 on 15.76 ac lot anchored by Save-A-Lot grocery and Beall’s Outlet. Between Walmart Supercenter and Winn-Dixie Plaza. NNN lease with excellent tenant mix. NOI $756K/yr. $8.975M. 8.43% cap.
2. Medical Office Building in Sicklerville, NJ: 12,665 SF recently renovated multitenant office building in growing and middle class Philadelphia suburbs. 100% leased. $2.1M. NOI N/A.
3. Strip Center in Sanford, FL: 8436 SF strip center built in 2004 on nearly 1 ac lot at a signalized intersection.  Adjacent to Walmart Supercenter, close to Seminole Towne Center and I-4. 95% leased to national, regional and local tenants. NOI $223K/yr. $3.195M. 7% cap.
4. Retail Center in Machesney Park, IL: 10,580 SF retail center on 1 ac outlot to Kohl’s in upper middle class Rockford suburbs. Close to Home Depot and Target. 100% NNN leased to H&R Block, Subway and other stable tenants. NOI $156K/yr. $1.734M. 9% cap.
5. MOB in Spring Hill, FL: 25,435 SF Class-A consisting of three buildings on 2.89 ac lot in Tampa suburbs. Tenants include: DaVita Dialysis, Renal Hypertension, Bright Beginnings and Horizon Home Health Care. 100% NNN leased. NOI $520K/yr. $8M. 6.50% cap.
6. MOB in Bryan, TX: 11,960 SF Class-A medical office building constructed in 1997 on 1 ac lot across from St. Joseph Regional Health Center. 100% NNN lease with 5-yrs left to St. Joseph Health Systems. NOI $206K/yr. $2.498M. 8.25% cap.
7. Lonestar Steakhouse in Cedar Rapids, IA: 8052 SF Steakhouse Restaurant on over 1 ac outparcel to Home Depot and along major retail artery. Across from Lindale Mall. 100% absolute NNN corp lease with 7-yrs left. NOI $156K/yr. $1.96M. 8% cap.
8. Office Building & Restaurant in Poughkeepsie, NY: 35,000 SF consisting of three story multitenant office building anchored by Bank of America and restaurant on 1.40 ac lot in New York MSA. 80% leased. Actual NOI $760K/yr. $9.5M. 8% actual cap. Upside potential.

            (c) Transmercial 2015

03-27: TJ-Maxx, Advance Auto Parts, Fast Auto & Payday Loans, VCA Animal Hospital, O'Reilly, Tire Rama, Mulligan's Bar and Grill

1. Shopping Center in Katy, TX: 32,387 SF attractive retail center built in 2005 on 4.58 ac outlet to Walmart Supercenter in a fast growing and high income (AHI $107K/yr in 3 miles) Houston MSA. Good tenant mix include: Pizza Hut, State Farm, Subway and Payless Shoe Source, Dentist, Tutoring Center, China Buffet, Hair Salon and Nail Salon and more. 89% NNN leased. $585K/yr. Price: Best Offer, expected to trade at $8+M or 7.25% cap.
2. TJ-Maxx in Spark, NV: 24,647 SF American Department Store constructed in 2012 on over 2 ac lot next to Target. Across from The Outlets Sparks. Near Wild Island Family Adventure Park and I-80.  100% NNN- lease with over 7-yrs left. NOI $245K/yr with 5% rent bumps. $3.8M. 6.5% cap.
3. Advance Auto Parts in Richmond, VA: 6750 SF automotive center built in 1995 on nearly 1 ac lot in a growing & middle class area. Across from Food Lion & Rite Aid center. 100% NNN lease with 5-yrs let. NOI $89K/yr. $1.238M. 7.25% cap.
4. Fast Auto and Payday Loans in Hayward, CA: 1,200 SF completely remodeled retail building on .34 ac corner lot at a signalized intersection in Alameda County. Across from Big Lots and 99 Centers Only Store shopping center. Close to Kaiser Permanente Post Acute Hospital and I-238. New 7-yrs NNN lease. NOI $75K/yr. $1.26M. 6% cap.
5. VCA Animal Hospital in Las Vegas, NV: 5551 SF animal hospital in growing and upper middle class area. 100% NNN lease to publically traded VCA Animal Hospitals (NASDAG: WOOF) with 2-yrs left.  NOI $118K/yr. $1.45M. 8.16% cap.
6. O’Reilly Auto Parts in Phoenix, AZ: 7000 SF well maintained auto parts store built in 1998 on .83 ac lot at a hard corner location. Recently extended absolute NNN lease with over 8-yrs left. NOI $91K/yr. $1.516M. 6% cap.
7. Retail Center in Mount Laurel, NJ: 39,182 SF attractive retail center on over 4 ac lot in high income Philadelphia suburbs with an AHI of $105K/yr in a 3-mile ring. 90% NNN lease with excellent tenant mix including: Bank of America, Saladworks, AtlantiCare Urgent Care Center among other national, regional and local tenants. NOI $623K/yr. $8.9M. 7% cap.
8. Tire Rama in Spokane, WA: 10,754 SF L-shaped auto center at a corner location and along main retail artery. Close to Northtown Mall and Providence Holy Family Hospital. 100% NNN lease with 8-yrs left to a regional tenant with over 40-units. NOI $119K/yr with annual CPI rent bumps. $1.768M. 6.75% cap.
9. 7-Eleven Retail Building in Lombard, IL: 4850 SF attractive retail building on .53 ac corner lot in high income (AHI $87K/yr in 3 miles) Chicago suburbs. 100% NNN lease to three tenants including 7-Eleven. NOI $84K/yr. $1.125M. 7.50% cap.
10. Mulligan’s Bar and Grill in Las Vegas, NV: 3500 SF highly rated on Yelp restaurant built in 2001 on .63 ac corner lot in growing and upper middle class area with an AHI of $80K/yr in 3-miles. 16-yrs absolute NNN lease with over 12-yrs left. NOI $150K/yr. $2M. 7.50% cap. 

            (C) Transmercial 2015

03-26: Hooters, Family Dollar, Fresenius, Shopping Centers

1. Hooters in Columbia, SC: 5793 SF Sports Bar & Grill Restaurant built in 1998 on 1.31 ac lot on an off/on ramp of I-27. Adjacent to Columbiana Centre, Walmart Supercenter, Home Depot, and Lowes.  20-yrs absolute NNN corp lease with 10-yrs left. NOI $212K/yr with rent bumps every 5-yrs. $2.599M. 8.20% cap.
2. Strip Center in Atlanta, GA: 6000 SF attractive strip center constructed in 2009 on .80 ac lot. 1010% NNN leased to Dunkin’ Donuts, Jimmy John’s and Gourmet Sandwiches. NOI $130K/yr. $1.828M. 7.13% cap.
3. Retail Building in Myrtle Beach, SC: 8058 SF retail building across from Walmart Supercenter and Costco. Close to Coastal Grand Mall with Dillard’s, Belk and JCPenney. 100% NNN leased to Vitamin Shoppe and Men’s Wearhouse. NOI $240K/yr. $3M. 8% cap.
4. Shopping Center in Henderson, NV: 64,599 SF well maintained shopping center completed in 2003 on 5.74 ac outparcel to Galleria at Sunset. Surrounded by major power centers with Walmart, Target, Bed Bath & Beyond and more. With easy access to Hwy-95. Major tenants include: Walgreens, Buffalo Wild Wings, Panera Bread and Sports Clips. 94% leased. NOI $1.383M/yr. $19.275M. 7.18% cap.
5. Neighborhood Center in Indianapolis, IN: 102,678 SF well kept shopping center on 11½ ac lot anchored by Big Lots and HHGregg in a fast growing area. Across from Washington Square Mall. 85% leased. NOI $483K/yr.  $6.45M. 7.50% cap.
6. Retail Center in Houston, TX: 18,864 SF retail center on 1.69 ac lot with excellent visibility. Close to New Forest Crossing and The Shops at Stone Park major power centers. 100% leased with medical and retail tenants including Dow Emergency Care. 8% cap. NOI/Price N/A.
7. Retail Building in Mesa, AZ: 4900 SF attractive retail building at a signalized intersection. Outparcel to Bashas’ grocery, Big 5 Sporting, Dollar General, Big Lots, Harbor Freight Tools and Goodwill. 100% leased to Filiberto’s Mexican Food & T-Mobile. NOI $137K/yr. $1.82M. 7.54% cap.
8. Office Building in Charlotte, NC: 24,870 SF Class-B single tenant office building in growing and upper middle class area. New 10-yrs NNN lease to Integra Employer Health. NOI $372K/yr. $4.5M. 8.29% cap.
9. Office building in Vancouver, WA: 32,000 SF Class-B office building renovated in 2012-2014 on 2 ac lot in Portland suburbs. Near I-5. 95% leased to multiple tenants. Pro forma NOI $245K/yr. $3.65M. 6.70% cap.
10. Family Dollar & Fresenius in Memphis, TN: 16,269 SF two-tenant retail building in a fast growing area. 100% NNN leased to Family Dollar and Fresenius Dialysis. NOI $226K/yr. $3.55M. 6.38% cap.

            (c) Transmercial 2015

03-25: Walgreens, Retail Centers, Strip Centers

1. Retail Center in Queen Creek, AZ: 16,798 SF attractive retail center on 2.68 ac lot in a fast growing (851% pop growth since 2000) and high income (AHI $94K/yr in 3 miles) Phoenix metro. 100% leased to national and local tenants. NOI $306K/yr. $4.247M. 7.21% cap.
2. Retail Center in Chicago, IL: 12,704 SF well maintained retail center built in 2005 on .51 ac lot along main corridor. 74% leased to five tenants. Actual NOI $90K/yr. $1.2M. 7.50% cap.
3. Strip Center in Corona, CA: 10,169 SF strip center constructed in 2005 on 1.40 ac lot at a hard corner location in high income Riverside County. 100% leased with a good tenant mix including Juice It Up and Pacific Dental Services. NOI $282K/yr. $4.915M. 5.75% cap.
4. Office Building in Madison, WI: 19,200 SF Class-B single tenant office building completed in 2001 on 2.49 ac lot in upper middle class area. New 10-yrs NNN lease. NOI $246K/yr with 2% annual rent increases. $3.29M. 7.5% cap.
5. Walgreens in Saint Augustine, FL: 15,525 SF Walgreens pharmacy on 1.51 ac lot. Adjacent to Ponce de Leon Mall and near 335-bed Flagler Hospital. Newly extended NNN corp lease with 5-yrs left. NOI $225K/yr. $3.601M. 6.25% cap.
6. Retail Center in Edinburg, TX: 13,040 SF retail building constructed in 2008 in McAllen suburbs. 100% leased to First Community Bank, All Stars Club, Metro PCS, Select Staff, EZ-Loans, Mr. Press Dry Cleaners and El Meson Mexican Restaurant.. NOI $231K/yr. $2.8M. 8.25% cap.
7. Strip Center in Houston, TX: 9600 SF attractive strip center on .86 ac outparcel to Home Depot and along Hwy-6. 100% NNN leased. Price/NOI N/A.
8. Retail Center in Mount Pleasant, WI: 16,124 SF retail center on an outparcel to Walmart and Menards in fast growing middle-class area. 81% leased. Actual NOI $177K/yr. $2.15M. 8.25% cap.

            (c) Transmercial 2015

03-24: Carsmetics; MOB; Retail Centers; Strip Centers

1. Retail Center in Houston, TX: 13,285 SF attractive retail center built in 2008 on 1.35 ac lot at a signalized corner location. On an off/on ramp of Hwy-8. 90% leased to six tenants. NOI $272K/yr. $3.4M. 8% cap.
2. Strip Center in Appleton, WI: 15,957 SF fully renovated strip center. NNN leased with long term tenants. NOI $117K/yr. $1.55M. 7.56% cap.
3. Shopping Center in Saint Petersburg, FL: 34,200 SF well maintained shopping center on 4 ac lot along busy corridor in Tampa suburbs. Close to Walmart and Bay Pines VA Healthcare Systems. 100% leased. NOI $245K/yr. $3.5M. 7% cap.
4. MOB in Round Rock, TX: 4423 SF Class-A multitenant medical office building completed in 2009 on over 2 ac lot in growing and high income (AHI $105K/yr) Austin suburbs. Adjacent to St David’s Round Rock Medical Hospital. 100% NNN leased to three physicians. NOI $120K/yr. $1.4M. 8.50% cap.
5. Retail Center in Reno, NV: 14,429 SF retail center built in 2007 in a growing and upper middle class area. Close to Meadowood Mall and I-580. 87% leased to St Mary’s Urgent Care Facility and Western Dental. Actual NOI $348K/yr. $4.8M. 7.25% actual cap. Upside potential.
6. Neighborhood Center in Lombard, IL: 131,601 SF well maintained shopping center on over 12 acres of land in high income Chicago suburbs with an AHI of $86K/yr in 1 mile. 78% leased with national, regional and local tenants. Actual NOI $449K/yr. $4.695M. 9.57% cap.  Upside potential when fully leased.
7. Retail Center in Phoenix, AZ: 16,980 SF retail center built in 2009 on nearly 2 ac lot in a fast growing area. Tenants include: Family Dollar, Quick Check Tax Services, City Nails & Spa, Boost Mobile and Krispy Krunchy Chicken. 85% leased with two vacancies. Pro forma NOI $192K/yr. $2.56M. 7.50% pro forma cap.
8. Retail Building in Pearland, TX: 6600 SF well maintained retail building on 1 ac lot in growing and high income (AHI $98K/yr) Houston MSA. 100% NNN leased to Verizon and Just Brakes. NOI $120K/yr. $1.857M. 6.50% cap.
9. MOB in San Jose, CA: 9454 SF mature multitenant medical office building on .61 ac lot in growing Silicon Valley. Across from Regional Medical Center of San Jose and with easy access to I-680.  72% leased. NOI $195K/yr. $3.35M. 5.84% cap.
10. Carsmetics in Brick, NJ: 7500 SF single tenant auto body shop renovated in 2011 on .34 ac lot in growing and high income (AHI $82K/yr) coastal town. 100% NNN lease with 7-yrs left. NOI $119K/yr. $1.55M. 7.74% cap.

            (c) Transmercial 2015

03-23: Famous Dave's, Jiffy Lube, MOB, Shopping Center, Retail Centers

1. Shopping Center in National City, CA: 84,230 SF well kept shopping center on 6.74 ac lot anchored by Wrigley’s Supermarket at a hard corner location in Southern California. Close to Paradise Valley Hospital and I-805. 92% NNN leased. NOI $1.079M/yr. $15.5M. 6.96% cap.
2. Neighborhood Center in Madera, CA: 134,833 SF shopping center constructed in 1992 on 13.51 ac lot anchored by Pak N Save Grocery (owned by Safeway). Shadow anchored by 118,963 SF Walmart and with easy access to Hwy-99. 91% leased with local, national and regional tenants. NOI $1.6M/yr. $21.335M. 7.50% cap.
3. Retail Center in Santa Fe, NM: 56,368 SF well maintained shopping center on 6.70 ac lot at a major signalized intersection.  Shadow anchored by Smith’s Food & Drug.  Near Christus St Vincent Regional Medical Center. NNN leased. NOI $636K/yr. $7.95M. 8% cap.
4. MOB in Las Vegas, NV: 43,897 SF multitenant medical office building completed in 1997 on 2.60 ac lot. Adjacent to Mountain View Hospital and near Hwy-95. 75% leased. Actual NOI $638K/yr. $9.35M. 6.83% actual cap. Upside potential.
5. Retail Center in Northglenn, CO: 34,272 SF attractive retail center on 3.59 ac lot in growing upper middle class area. With good visibility and with easy access to I-25. 95% leased. NOI $424K/yr. $5.25M. 8.10% cap.
6. Retail Center in Austin, TX: 12,500 SF attractive retail center at a corner location. Near Walmart Supercenter and Hwy-183. NNN leases. NOI $234K/yr. $3.6M. 6.50% cap.
7. Famous Dave’s in Aurora, CO: 6698 SF BBQ wood smoked restaurant constructed in 2010 on 1.55 ac outparcel to Cornerstar Center with Target, DSW, Ross Dress for Less and Home Goods. Good demographics:  2,199% pop growth since 2000 and high income area with an AHI of $101K/yr in a 3 mile ring. Across from Arapahoe Crossings with AMC Theaters and Kohl’s. New 15-yrs absolute NNN lease. NOI $265K/yr with 8.5% rent bumps every 5-yrs. $3.785M. 7% cap.
8. Shopping Center in Las Vegas, NV: 77,650 SF shopping center redeveloped in 2005 on nearly 7 ac lot anchored by Albertsons at a busy intersection. Close to Sunrise Hospital and Medical Center. 90% leased. NOI $1.694M/yr. $20M. 8.47% cap.
9. Jiffy Lube in Mission Viejo, CA: 4138 SF auto service center along busy retail corridor in affluent Orange County with an AHI of $132K/yr in 1 mile. Adjacent to major center with Big Lots, Stein Mart, Trader Joe’s and Michaels. 100% absolute NNN lease. NOI $141K/yr with 1% annual rent increases. $2.359M. 6% cap.

            (c) Transmercial 2015

03-20: Fresenius; A Good Time Out; Golden Corral; La Petite Academy; MOB

• 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. MOB in Debary, FL: 24,000 SF 12-suites medical office building constructed in 2009 on over 4 ac lot in Orlando suburbs. Major tenants include: Family Medicine, West Orange Nephrology, Integrative Physical Med and Kid MD Pediatrics. Close to175-bed Florida Hospital Fish Memorial and I-4. 100% leased. NOI $576K/yr. $7.68M. 7.50% cap.
2. Fresenius Medical Care in Wyoming, MI: 14,879 SF attractive built-to-suit dialysis center constructed in 1998 on 2.60 ac lot in stable Grand Rapids suburbs. With easy access to Hwy-131. 100% absolute NNN lease with 3-yrs left to a national tenant. NOI $270K/yr. $2.92M. 9.25% cap.
3. Mixed-use in Jacksonville, FL: 23,808 SF well maintained office/ retail center on 3.21 ac lot. Across from Kmart and adjacent to Winn-Dixie and Publix Supermarket centers. 100% leased with good tenant mix. NOI $220K/yr. $1.95M. 11.32% cap.
4. Strip Center in Hilliard, OH: 3,832 SF eye-catching strip center completed in 2006 in high income Columbus metro. 100% NNN leased to Cuzzin's Yogurt, Mod Salon, Jet’s Pizza and Elite Vapor. NOI $119K/yr. $1.442M. 8.25% cap.
5. A Good Time Out in Bakersfield, CA: 5400 SF highly rated on Yelp day care center constructed in 2005 on .55 ac lot. Adjacent to Endeavour Elementary School and close to major shopping centers. 100% NNN leased. NOI $100K/yr. $1.4M. 7.17% cap.
6. Department of Public Health in Bellwood, IL: 13,655 SF well maintained office building on .75 ac lot in Chicago suburbs. Tenant has been at this location of 20-yrs. 100% lease with over 3-yrs left to Illinois Department of Public Health with A- credit rating. NOI $122K/yr. $1.257M. 9.74% cap.
7. MOB in Snellville, GA: 22,606 SF value-add Class-B medical office building on 2.24 ac lot in upper middle-class Atlanta suburbs. Close to Eastside Medical Center. 50% NNN leased with 5-yrs left to Northside Hospital, a Metro Atlanta Healthcare System . Actual NOI $186K/yr. $3.1M. 6% actual cap.
8. Golden Corral in Indianapolis, IN: 10,003 SF Golden Corral buffet restaurant built in 1999 on 1.92 ac outparcel to Washington Square Mall.  100% NNN lease with 14-yrs left to a strong franchisee with 13 units.  NOI $185K/yr with 10% rent bumps every 5 yrs. Store with strong sales. $2.56M. 7.25% cap.
9. Retail Building in Chandler, AZ: 9478 SF well maintained retail center on over 1 ac lot at a hard corner location in Phoenix suburbs. Across from Walmart and Fry’s Food center. Close to East Valley Mall. 100% NNN leased. NOI $153K/yr. $1.85M. 8.30% cap.
10. La Petite Academy in Albuquerque, NM: 8900 SF day care center constructed in 1994 on .89 ac lot in a fast growing and affluent (AHI $95K/yr) neighborhood. 100% absolute NNN corp lease with 8-yrs left. NOI $171K/yr with annual rent bumps. $2.14M. 8% cap.

            (c) Transmercial 2015

03-19: MOB, La Petite Academy, Shopping Centers, Strip Centers

1. Retail Center in Richland, WA: 13,805 SF retail center built in 2007 on 1 ac lot at a signalized location in Kennewick suburbs. Close to Columbia Center Mall. 92% leased. NOI $199K/yr. $2.85M. 7.01% cap.
2. Shopping Center in Sandy, UT: 51,914 SF well maintained in-line shopping center on over 7 ac lot at a major retail artery in high income (AHI $105K/yr) Salt Lake City MSA. Shadow anchored by Shopko and Smith’s Grocery.  Across from Home Depot and The Fresh Market Center. Near Alta Valley Hospital. Pro forma NOI $735K/yr. $9M. 8.17% cap.
3. MOB in Valhalla, NY: 25,118 SF Class-B multitenant office building on 1.31 ac lot in affluent New York suburbs with an AHI of $128K/yr in a 3-mile ring. 75% leased with a good mix of medical & professional tenants. NOI $352K/yr. $4.4M. 8% cap.
4. Mixed-use in Marlborough, MA: 13,245 SF Class-B office/retail center on .82 ac lot in growing and high income (AHI $93K/yr in 3 miles) Boston metro. 80% leased. NOI $163K/yr. $2M. 8.19% cap.
5. Retail Center in Southaven, TN: 15,900 SF attractive retail center built in 2007 on 2.29 ac lot in growing Memphis suburbs. Close to Baptist Memorial Hospital-Desoto and I-55/69. 100% NNN leased to Belhaven University, Ageless Men’s Health, Firehouse Subs, Batteries Plus, AAA, Sport Clips and Swankys Taco Shop. NOI $275K/yr. $3.5M. 7.87% cap.
6. Retail Center in Clinton, UT: 34,186 SF in-line retail center built in 1999 on nearly 3 ac lot at a hard corner location in growing and upper middle-class city North of Salt Lake City. Shadow-anchored Maceys Grocery & across from Lowe’s and Walmart. 72% leased. Pro forma NOI $494K/yr. $6.615M. 7.25% pro forma cap.
7. Retail Center in Olathe, KS: 16,139 SF attractive retail center constructed in 2004 on an outparcel to Lowe’s, Petco and Hen House Market in Kansas City suburbs. Across from Walmart Supercenter. 100% leased to six local & national tenants including Subway and Jose Peppers. NOI $262K/yr. $3.5M. 7.50% cap.
8. MOB in Bradenton, FL: 26,180 SF Class-A medical office building on 3.45 ac lot close to 294-bed Blake Medical Center. 90% leased to multiple tenants. NOI $323K/yr. $3.895M. 8.30% cap.
9. Strip Center in Alsip, IL: 11,238 SF well kept strip center in upper middle class Chicago suburbs. All units face main road. Tenants include: Country Pantry, Alsip Cleaners, Hair Salon, Nexus Staffing, Bakery, Barber Shop and Poor Dog Restaurant. NOI $147K/yr. $1.55M. 9.50% cap.
10. La Petite Academy in Albuquerque, NM: 6800 SF well maintained day care facility on .65 ac lot in growing (55% pop growth) and upper middle-class (AHI $80K/yr in 3 miles) neighborhood. Close to Cottonwood Mall.  100% absolute NNN lease with 6-yrs left. NOI $129K/yr. $1.547M. 8.35% cap.

            (c) Transmercial 2015

03-18: Fresenius Dialysis Center, Famous Dave's, Walgreens, Office Buildings

1. Office Building in Sacramento, CA: 14,333 SF Class-B multitenant office building on over 1 ac corner lot along major artery in growing and upper middle-class area. Close to Country Club Plaza and Kaiser Permanente. 93% leased. Actual NOI $122K/yr. $1.75M. 7% cap.
2. Retail Center in Irving, TX: 30,512 SF retail center built in 1994 on nearly 2 ac lot in fast growing Dallas suburbs. Across from Irving Mall. On an off/on ramp of Hwy-183. Anchored by Fallas Discount Store. 100% NNN leased. NOI $269K/yr. $3.1M. 8.70% cap.
3. Office Building in Spring, TX: 42,000 SF Class-B office building constructed in 2002 on nearly 3 ac lot in growing and upper middle class (AHI $85K/yr in 3 miles) Houston suburbs. 89% leased. NOI $392K/yr. $5.2M. 7.55% cap.
4. Fresenius in Fort Mills, SC: 10,125 SF Class-A dialysis center built in 2005 on 1.95 ac lot in a fast growing Charlotte suburb. On an off/on ramp of I-77. 100% NNN lease with 9-yrs left. NOI $189K/yr. $2.7M. 7% cap.
5. Office Building in Wilton Manors, FL: 29,468 SF well maintained office building in Fort Lauderdale metro. Close to Coral Ridge Mall and Holy Cross Hospital. Leased with a diverse mix of  seasoned local, national and International tenants. NOI $381K/yr. $4.65M. 8.20% cap.
6. Neighborhood Center in Lakeway, TX: 101,121 SF attractive shopping center on over 11 ac lot in growing (118% pop growth since 2000) and affluent (AHI $130K/yr in 1 mile) Austin MSA. Major tenants include: Chair King and Tuesday Morning. 98% leased. NOI $1.313M/yr. $18.114M. 7.25% cap.
7. Retail Center in Austell, GA: 18,340 SF retail center built in 2007 on nearly 2 ac outparcel to Regal Pavilion Cinemas and Gold’s Gym in growing Atlanta suburbs. Major tenants include: Firehouse Subs, Oriental Café, Courtesy Finance of GA and AJA DUI School. 90% NNN leased with only one vacancy. NOI $329K/yr. $4.2M. 7.83% cap.
8. Famous Dave’s in Kennewick, WA: 7396 SF pit-smoked BBQ restaurant constructed in 2008 on 1.47 ac outparcel to Columbia Center Mall. Across from Costco. 100% absolute NNN lease with 13-yrs left. NOI $314K/yr. $4.65M. 6.76% cap.
9. Walgreen’s in Fort Worth, TX: 15,120 SF well maintained pharmacy on 1.60 ac lot at a hard corner location. 20-yrs NNN lease with over 4-yrs left. NOI $296K/yr. $4.228M. 7% cap. Strong sales of over $6M per year.
10. Retail Center in Washington, NJ: 10,227 SF attractive retail center on .62 ac lot at a signalized intersection in high income New York metro. 100% leased to stable tenants. NOI $98K/yr. $1.4M. 7.02% cap.

            (c) Transmercial 2015