05-15: Burger King, AAMCO, Office Building, Shopping Centers, Strip Centers

Daily Best Commercial Properties

Retail Center in McKinney, TX: 19,707 SF eye-catching retail center constructed in 2003 on 3.70 ac lot at a major retail corridor in growing Dallas suburbs. Adjacent to Kroger grocery and surrounded by Power Centers with Walmart, Sam’s Club Home Depot, Target and Lowe’s. 100% leased.  Tenants include Children’s Medical, Pizza Hut and Monarch Dental. NOI $348K/yr. $5.2M. 6.70% cap. Strip Center in Las Vegas, NV: 11,668 SF strip center built in 2008 on .81 ac corner lot. Close to Eastern Beltway Center with Walmart, Home Depot, Ross, Sam’s Club and Petco. With easy access to I-215. 93% leased to strong tenants. Actual NOI $140K/yr. $1.85M. 7.60% actual cap. Upside potential. Retail Center in Redwood City, CA: 21,927 SF retail center on 1.21 ac lot at a signalized intersection in a densely populated residential area. Excellent demographics: growing and high income (AHI $106K/yr) Silicon Valley. 97% NNN leased. NOI $615K/yr. $12.3M. 5% cap. Burger King in Cleveland, OH: 2896 SF franchised fast food restaurant built in 2003 on .66 ac lot at a hard corner location. 100% absolute NNN corp lease with over 8-yrs left to a strong operator with over 650 units. NOI $114K/yr with 1% annual rent increases. $1.835M. 6.25% cap. Shopping Center in Mechanicsville, VA: 28,106 SF shopping center constructed in 2004 along main corridor and adjacent to Lowe’s in Richmond suburbs. 80% leased with only two vacancies. NOI $342K/yr. $4.5M. 7.60% cap. Office Building in Lafayette, CO: 37,664 SF Class-A multitenant office building completed in 2000 in growing and high income Denver suburbs. Close to Exempla Good Samaritan Medical Center. 100% leased. NOI $452K/yr. $5.75M. 7.87% cap. AAMCO in Manassas, VA: 4226 SF six-bay auto repair center on ½ ac lot along major artery in growing and upper middle class Washington DC MSA. Near Manassas Mall. 100% NNN lease with 6-yrs left. NOI $72K/yr. $1.15M. 6.30% cap. Shopping Center in Glendale, AZ: 62,949 SF shopping center on 7.78 ac lot at a highly visible location in Phoenix suburbs. Across from Thunderbird School of International Management and close to Banner Thunderbird Medical Center. 73% leased with good tenant mix. Actual NOI $643K/yr. $8.815M. 7.30% cap. Retail Center in Richmond, CA: 12,163 SF attractive retail center on 1 ac outparcel to Target. With easy access to I-80. NNN leased to credit tenants including: AT&T Mobility, Panda Express, Sally Beauty and Subway. NOI $503K/yr. $9.985M. 5.04% cap. Office Building in Dallas, TX: 12,100 SF Class-B office building on .77 ac lot in a growing middle class area. NOI $125K/yr. $1.25M. 10% cap.

(c) Transmercial 2015

About The Properties 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 from many commercial real estate companies, and various other sources.   Each property has a brief description and a flyer.  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.