- Fresenius Medical Care
in Wyoming, MI:
14,879 SF attractive built-to-suit open-24-hr, 6-days/week 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
2.5-yrs left to a national tenant. NOI $270K/yr. with 10% rent bumps
each 5 yr option. 24-hr location means tenant most likely to renew
the lease. $2.92M. 9.25% cap.
- St. Francis Urgent
Care in Greenwood, IN: 5425 SF attractive urgent care center on .75 ac lot
at a signalized intersection in growing Indianapolis suburbs. Across
from Greenwood
Park Mall. 100% absolute NNN lease with 6-yrs left. NOI $121K/yr.
$1.725M. 7.05% cap.
- Retail Center in
Duluth, GA:
13,627 SF attractive retail center built in 2006 on 1.31 ac outparcel to
Walmart in growing Atlanta suburbs. Along major retail artery and close
to Gwinnett Place Mall and I-85. 100% leased. NOI $223K/yr. $2.7M. 8.30%
cap.
- Shopping Center in
Santa Maria, CA:
61,803 SF well maintained shopping center on 1.87 ac lot at a hard
corner location in Southern California. Adjacent to Santa Maria Town Center.
Major tenants include: Rite Aid & Big 5. 92% leased. Actual NOI
$616K/yr. $9.14M. 6.75% cap.
- Retail building in
Yuba City, CA:
31,088 SF attractive retail building on over 2 ac lot at a major corner
location of Hwy-20 in Sacramento metro. Across from Yuba Sutter
Mall. 100% NNN leased to PetSmart, Chipotle, Sell Phones,
Cartridge World, School Financial and WestHaven Solar Showroom.
NOI $544K/yr. $8.4M. 6.50% cap.
- Retail Center in
Jupiter, FL:
26,413 SF L-shaped retail center on 2.76 ac lot along busy retail
thoroughfare. Across from Publix grocery center and with easy access to
I-95. 100% leased. NOI $489K/yr. $7.3M. 6.70% cap.
- Office Building in
Richardson, TX:
9864 SF completely remodeled office building on .66 ac lot in densely
populated Fort Worth/Dallas suburbs. New 20-yrs absolute NNN lease to
Soffitec, Inc., a successful accounting firm. NOI $136K/yr with 10% rent
bumps every 5-yrs. $1.95M. 7% cap.
- Iron Horse Casino in
Auburn, WA:
12,278 SF Iron Horse Casino on 1.54 ac lot at a hard corner location in
growing middle class Seattle suburbs. Across from Lowe’s and close to
Hwy-167. 10-yrs absolute NNN lease. NOI $360K/yr with annual CPI rent
bumps. $4.9M. 7.35% cap.
- Strip Center in West
Jordan, UT:
7647 SF attractive strip center constructed in 2007 on over 3 ac lot
along busy corridor in growing Salt Lake City suburbs. NOI $134K/yr.
$1.92M. 7% cap.
- Strip Center in
Rockwall, TX:
10,900 SF strip center on over 1 ac outparcel to Walmart Supercenter in
Dallas suburbs. On an off/on ramp of I-30. 100% leased to five tenants.
NOI $200K/yr. $2.5M. 8% 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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