05-27: Family Dollar, MOB, Dollar General, Zaxby's, Office Buildings, Retail Centers

Daily Best Commercial Properties

Family Dollar in Cape Coral, FL: 9248 SF Family Dollar store renovated in 2012 on .69 ac lot at a highly visible location  in growing middle class area. 10-yrs NNN- lease with 7-yrs left. NOI $116K/yr. $1.666M. 7% cap. 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 Chicago suburbs. With easy access to I-355. 100% NNN lease with 3-yrs left. NOI $252K/yr. Price reduced from $3.45M. to $3.25M. 7.78% cap. Dollar General Market in Bakersfield, CA: 18,827 SF single tenant retail building renovated in 2013 on 2 ac lot at a hard corner location and in a densely populated area. 15-yrs NNN- corp lease with 13-yrs left. NOI $328K/yr with 10% rent bumps every 5-yrs staring in year 11. $4.689M. 7% cap. MOB in Fort Worth, TX: 10,453 SF 24 Hours Complete Emergency Care constructed in 1990 on .78 ac lot along major retail corridor. With easy access to I-30. 100% NNN corp lease with 4-yrs left. NOI $192K/yr with annual CPI rent increases. $3.202M. 6% cap. Zaxby’s in Tampa, FL: 3493 SF built-to-suit casual restaurant constructed in 2009 adjacent to La Quinta Inn & Suites. Near Walmart Supercenter. 100% absolute NNN lease with 10-yrs left. NOI $161K/yr. $1.98M. 8.18% cap. Office Building in Arlington, TX: 7633 SF Class-B multitenant office building constructed in 1999 in growing and upper middle class area. Across from Walmart Supercenter and close to I-20.  96% leased. NOI $90K/yr. $1.115M. 8.12% cap. Retail Center in Algonquin, IL: 10,314 SF retail center built in 2006 on 1.54 ac lot in wealthy (AHI $113/yr in 1 mile) Chicago metro. Across from Power Center with Super Target, HomeGoods, Kohl’s, T.J. Maxx, JCPenney and Toys R Us. 100% NNN leased. NOI $108K/yr. $1.276M. 8.5% cap. Retail Building in Suwanee, GA: 11,050 SF well maintained retail building completed in 1996 on 1.20 ac lot at a signalized corner location in growing and high income Atlanta suburbs. Tenants include: O’Reilly Auto Parts, Subway, Imaj Styles and Fashion Care Cleaners. NOI $173K/yr. $1.865M. 9.30% cap. Shopping Center in Arlington, TX: 90,118 SF well kept shopping center on 9 ac lot anchored by Kroger grocery. Close to Six Flags Hurricane Harbor and I-30. 79% NNN leased with good tenant mix. Actual NOI $651K/yr. $7.8M. 8.35% actual cap. Upside potential when fully leased. Retail Center in Suwanee, GA: 11,286 SF retail building constructed in 2003 in growing and affluent Atlanta metro with an AHI of $114K/yr in a 3 mile radius. Lease to seven tenants with only one vacancy. Actual NOI $96K/yr. $1.2M. 8% actual 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.