05-18: Jiffy Lube, Pep Boys, Just Brakes, 24 Hour Fitness Sport, Retail Plaza, Shopping Centers

Daily Best Commercial Properties

Jiffy Lube in Omaha, NE: 3006 SF Jiffy Lube built in 2012 on .41 ac outparcel to Target center and at a highly visible location. Adjacent to Chi Health Immanuel Hospital. 20-yrs absolute NNN lease with 17-yrs left. NOI $90K/yr with 10% rent bumps every 5-yrs. $1.389M. 6.50% cap. Note: flyer not available full brochure upon request. Pep Boys in Holly Springs, GA: 5546 SF newly constructed auto center on .87 ac corner lot along busy corridor in growing upper middle class Atlanta suburbs. With easy access to I-575. 10-yrs NNN- lease. NOI $120K/yr with a rent bump in yr-6. $2.01M. 6% cap. Just Brakes in Tampa, FL: 4757 SF completely renovated auto brake service center on .65 ac lot along retail corridor. 15-yrs NNN lease. NOI $122K/yr with 10% rent increases every 5-yrs. $1.96M. 6.25% cap. Shopping Center in Manteca, CA: 55,959 SF attractive shopping center built in 2007 on 5.47 ac lot in a growing city. Anchored by 20,000 SF PetSmart. Across from the city's primary retail destination Spreckels Park - a 420,000-Square Foot Power Center anchored by Target and Home Depot. Adjacent to 88,000-square foot Food 4 Less supermarket. 86% NNN leased. Actual NOI $601K/yr. Price reduced from $8.676M to $8.347M. 7.21% actual cap. Upside potential. 24 Hour Fitness Sport in Fort Worth, TX: 37,500 SF attractive fitness center built in 2008 on over 6 ac lot. Part of 228,000 SF Power Center. With easy access to I-820. 15-yrs NNN- corp lease with 9 yrs left. NOI $843K/yr with 12.5% rent bump in 2019. $12.053M. 7% cap. Retail Plaza in Moorpark, CA: 55,573 SF well maintained retail plaza on 4.66 ac lot at a signalized corner location in high income (AHI $115K/yr in 3 miles) Southern California. With several points of ingress/egress. 83% leased with strong/seasoned mix of national, regional and local credit tenants. Actual NOI $908K/yr. $15.95M. 5.69% actual cap. Upside potential. Retail Center in El Cajon, CA: 32,186 SF retail center remodeled in 1992 on 4 ac lot at a major signalized intersection in San Diego County. Across from 1.3M SF Parkway Plaza Mall and next to I-8. 92% leased to nine tenants. Actual NOI $439K/yr. $8.5M. 5.18% actual cap. Upside potential.

(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.