- Taco Bueno in Wichita,
KS: 2620
SF Taco Bueno restaurant built in 2005 on .81 ac lot near 760-bed acute
care Wesley Medical Center. 15
yrs absolute NNN corp lease with 5 yrs left. NOI $85K/yr with 10%
rent bumps every 5 yrs. $1.217M. 7.75% cap.
- Strip Center in
Frisco, TX:
7165 SF strip center constructed in 2008 on 1.42 ac lot in booming (137%
pop growth since 2000) and prosperous (AHI $151K/yr in 1 mile) Fort
Worth/Dallas suburbs. 100% leased. NOI $170K/yr. $2.6M. 6.55% cap.
- Auto Center in Brookfield,
WI:
13,199 SF well maintained auto center at a busy artery in Milwaukee
suburbs. 100% leased to two tenants: Monro Brake & Tire and Auto
Glass . NOI $233K/yr. $2.5M. 9.35% cap.
- Retail Center in
Sacramento, CA:
19,888 SF consisting of two attractive retail centers completed in 1990
on over 2 ac lot. All tenants face main corridor. Across from 99 Cents
Only Store and Goodwill center. 100% NNN leased to 10 tenants. NOI
$353K/yr. $4.6M. 7.68% cap.
- PetsMart in Coral
Springs, FL:
19,077 SF single tenant retail building constructed in 2005 on 2 ac lot.
Adjacent to major centers with Walmart, Lowe’s, Target, Home Depot and
Burlington Coat Factory. Recently extended absolute NNN lease with
10-yrs left. Pro forma NOI $370K/yr with rent increases. $6.177M. 6% pro
forma cap.
- Shopping Center in
Lakewood, CO:
61,832 SF well maintained shopping center on 4 ac lot at a signalized
corner location in Denver suburbs. Near Walmart Supercenter. 91.9%
leased. NOI $469K/yr. $6.48M. 7.25% cap.
- MOB in Columbus, OH: 15,069 SF Class-B
multitenant medical office building on 1.79 ac lot in a growing and
middle class neighborhood. Close to Mt Camel East Hospital and
with easy access to I-270. 100% leased to: Mount Carmel Urgent Care,
Eastglen Pediatrics, Dane Drugs, Family practitioner, Gynecologist and
Chiropractor. NOI $117K/yr. $1.616M. 7.25% cap.
- Retail Center in
Orland Park, IL:
16,000 SF eye-catching retail center in growing and high income Chicago
metro with an AHI of $110K/yr in a 1 mile ring. 100% leased with
national, regional and local tenants including Dunkin’ Donuts. NOI
$253K/yr. $3.17M. 8% cap.
- Back Yard Burger in
Lincoln, NE:
4088 SF franchised Back Yard Burger on nearly 2 ac outparcel to Wamart
Supercenter and Sam’s Club. Near Nebraska
Heart Institute-Heart Hospital. 100% NNN lease with 5-yrs left. NOI
$77K/yr. $1.1M. 7% cap.
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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.
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