06-02:Sherwin Williams, Jiffy Lube, Tire Kingdom, Retail Centers, Shopping Centers

Daily Best Commercial Properties

Retail Center in Dover, NJ: 10,500 SF well kept retail center on 1 ac lot in high income New York metro with an AHI of $97K/yr in a 3 mile radius. 95% NNN leased. NOI $192K/yr. $2.75M. 7% cap. Sherwin Williams in Springfield, IL: 5000 SF single tenant retail building constructed in 2008 on .76 ac lot at a signalized corner location & in a high income (AHI $91K/yr) neighborhood. Close to White Oaks Mall and other major shopping centers. 100% NNN corp lease with 14-yrs left. NOI $99K/yr. $$1.659M. 6.02% cap. Jiffy Lube in Omaha, NE: 3,006 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. Tire Kingdom in Tampa, FL: 5,904 SF Tire Kingdom on .63 ac lot at a signalized intersection.  100% absolute NNN corp lease with 3-yrs left to TBC Retail Group with 1,200 locations.  NOI $91K/yr. $1.31M. 7% cap. Shopping Center in Waterford, MI: 42,590 SF well maintained shopping center along Hwy-24 in middle-class Detroit suburbs. NOI $364K/yr. $4.3M. 8.47% cap. Retail Center in Addison, TX: 32,252 SF attractive retail center on over 3 ac lot along major retail corridor in growing Dallas suburbs. Across from Power Center with Target and Kroger grocery. 89% NNN leased. Actual NOI $630K/yr. $9.59M. 6.57% actual cap. Upside potential. Retail Center in Irving, TX: 67,503 SF retail center on 5.68 ac lot in growing Dallas/Fort Worth suburbs. Adjacent to Target and next to Fwy-183. 87% leased. NOI $530K/yr. $7.575M. 7% cap.  Shopping Center in Phoenix, AZ: 21,219 SF consisting of three retail buildings on 1.37 ac lot along main corridor and at a signalized intersection. Shadow anchored by 99 cents Only. Adjacent to Home Depot. 93% NNN leased. NOI $245K/yr. Price reduced from $3.063M to $2.995M.  8.19% cap. NOTE: flyer not avail, full brochure upon request.

(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.