06-10: Smith's Grocery, Office Building, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Shopping Center in Greenwood, IN: 31,673 SF well maintained shopping center on 4.57 ac lot in upper middle class Indianapolis suburbs. Adjacent to Meijer grocery. 78% leased to twelve tenants. NOI $287K/yr. $3.594M. 8% actual cap. Retail Center in Tacoma, WA: 19,000 SF well maintained retail center on 1½ ac lot at a main corridor. 100% NNN leased. NOI $130K/yr. $10% cap. Shopping Center in Orlando, FL: 75,701 SF shopping center close to The Mall at Millennia and I-4. 82% leased with good tenant mix including Family Dollar, Subway and Busy Bee Market. NOI $579K/yr. $6.9M. 8.40% cap. Retail Center in Tomball, TX: 16,800 SF shopping center built in 2008 on 1.91 ac lot in high income Houston suburbs with an AHI of $100K/yr in a 3-mile ring.  100% leased. NOI $259K/yr. $3.245M. 8% cap. Smith’s Grocery in Las Vegas, NV: 52,091 SF Smith’s Grocery on 4.81 ac lot at a highly visible location. 100% absolute NNN lease. NOI $591K/yr. $9.1M. 6.50% cap. Office Building in Johnson City, TN: 21,572 SF Class-A office building completed in 2002 on 1.54 ac lot. 100% NNN leased to multiple tenants. NOI $369K/yr. $4.5M. 8.20% cap. Shopping Center in Omaha, NE: 127,789 SF shopping center renovated in 2012 on 12 ac lot anchored by Fareway Food Stores, a regional tenant. 89% leased. NOI $507K/yr. $7.7M. 6.60% 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.