Tuesday, August 18, 2015

08-04: Tuffy Auto Center, Pollo Regio, Mixed-use, Sonic Drive-In, Tutor Time


Daily Best Commercial Properties

  1. Tuffy Auto Center in Palm Coast, FL: 7000 SF auto service center built in 2008 along major retail corridor. Across from Publix Supermarket and close to Walmart Supercenter, Lowe's, Home Depot and I-95. 100% NNN- corp lease with 13-yrs left. NOI $176K/yr with rent increases in 2018 & 2023. $2.516M. 7% cap.
  2. Retail Center in Granite City, IL: 32,842 SF well maintained mature retail center on 2.52 ac lot in St. Louis suburbs. Major tenants include; Goodwill, Rent-A-Center, Papa John's Pizza and Metro PCS. 99% leased to twelve tenants. NOI $299K/yr. $3.634M. 8.25% cap.
  3. Retail Center in Longview, TX: 15,405 SF attractive retail center constructed in 1996 on over 1 ac lot in a growing middle class area. Adjacent to Longview Mall. 100% NNN leased. NOI $140K/yr. $2.01M. 7% cap.
  4. Pollo Regio in Fort Worth, TX: 2157 SF drive-thru restaurant built in 2003 on .62 ac lot along major retail artery. New 15-yrs absolute NNN lease to Pollo Regio, a regional chain. NOI $60K/yr with 10% rent increases every 5-yrs. $1M. 6% cap.
  5. Office Building in Santa Clara, CA: 12,400 SF Class-B multitenant 2-story office building on .63 ac lot along busy corridor in high income Silicon Valley. Near Costco. With easy access to Hwy-101. 100% leased to eight tenants. NOI $178k/yr. $2.55M. 7% cap.
  6. Mixed-use in Glendale, CA: 13,107 SF attractive retail & office center at a corner location in Southern California. Close to Glendale Memorial Hospital and Costco. NNN leased. NOI $300K/yr. $5M. 6% cap.
  7. Sonic in Aurora, CO: 1629 SF Sonic Drive-In fast food restaurant built in 2006 along major corridor. Close to Anschutz Medical Center and Children's Hospital. Brand new 20-yrs absolute NNN lease. NOI $100K/yr with 1% annual rent bumps. $1.6M. 6.25% cap.
  8. Shopping Center in Providence, RI: 40,563 SF shopping center anchored by Aldi grocery. Close to Roger Williams Medical Center. 95% leased with excellent tenant mix. NOI $542K/yr. $6.775M. 8% cap.
  9. Tutor Time in Shelby Township, MI: 12,126 SF child care learning center built in 2001 in upper middle class Detroit suburbs. 100% absolute NNN corp lease with over 6 yrs left. NOI $254K/yr with CPI rent increases every 5 yrs. $3.043M. 8.35% 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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