Monday, August 10, 2015

07-14: Dollar Tree, MOB, Auto Center, Shopping Centers


Daily Best Commercial Properties

  1. Dollar Tree in Cape Coral, FL: 9248 SF attractive retail building renovated in 2012 on .69 ac lot along busy corridor. 10-yrs NN lease with 7-yrs left. NOI $116K/yr. $1.666M. 7% cap.
  2. Retail Center in Chino Hills, CA: 11,200 SF newly constructed retail center on nearly 2 ac lot in affluent San Bernardino County with an AHI of $116K/yr. Shadow anchored by CVS Pharmacy. 100% leased to seven tenants. NOI $308K/yr. $5.6M. 5.50% cap.
  3. Strip Center in Glendora, CA: 9420 SF mature strip center on .80 ac lot in high income Los Angeles suburbs. 100% leased to five long term tenants. NOI $128K/yr. $2.198M. 5.90% cap.
  4. MOB in Montebello, CA: 8094 SF well maintained multitenant medical office building at a corner location in densely populated Los Angeles area with over 700,000 residents in a 5 mile ring. 100% leased. NOI $139K/yr. $2M. 6.95% cap.
  5. Neighborhood Center in Murfreesboro, TN: 77,189 SF well kept shopping center on nearly 11 ac lot in growing Nashville MSA. 91% NNN leased with national & credit tenants. NOI $533K/yr. $6.665M. 8% cap.
  6. Auto Center in Tigard, OR: 8554 SF attractive auto center on nearly 1 ac lot along main corridor in Portland suburbs. With easy access to Hwy-217. 100% leased to three tenants. NOI $131K/yr. $1.625M. 8.10% cap. 
  7. Strip Center in La Palma, CA: 5802 SF well maintained strip center on in high income (AHI $98K/Yr) Los Angeles suburbs. 100% NNN leased. NOI $103K/yr. $2.061M. 5% cap.
  8. Retail Center in Morrow, GA: 15,581 SF attractive retail center on 1.72 ac lot along main corridor in growing Atlanta suburbs. All units face main corridor. 61% leased. Actual NOI $133K/yr. $1.594M. 8.40% actual cap. Upside potential when fully leased.
  9. MOB in Marysville, CA: 4616 SF Class-A medical office building remodeled in 2007 in a growing area North of Sacramento. 100% leased by Freemont Rideout. Near Rideout Memorial Hospital. NOI $80K/yr. $1.3M. 6.20% 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.  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.


David V. Tran
Chief Investment Advisor. CA BRE# 00969014
Transmercial -- Commercial Real Estate Investments
408-288-5500 ext. 201, 408-288-5533 (F)


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