08-14: Mixed-use, Dollar General, Denny's, CVS, MOB, Retail Center

Daily Best Commercial Properties

Mixed-use in Santa Ana, CA: 19,353 SF attractive ten units office and retail center on over 1 ac lot in upper middle class Southern California. 85% leased. Actual NOI $252K/yr. $4.59M. 5.5% cap. Strip Center in Garland, TX: 8228 SF attractive strip center built in 2011on 1.13 ac lot in fast growing Dallas suburbs. Across from Walmart Supercenter and on an off/on ramp of I-30. 83% NNN leased to T-Mobile, Dallas Gold & Silver, Sprint and AT&T. NOI $165K/yr. $2.365M. 7% cap. Dollar General in Wilmington, CA: 9728 SF remodeled Dollar Tree on .54 ac lot in densely populated Los Angeles area with over 461,000 residents in a 5 mile ring. Near I-110. 100% NNN corp lease with 6 yrs left. NOI $162K/yr with fixed rent increases. $2.7M. 6.02% cap. Retail Center in Pacoima, CA: 8304 SF well maintained retail center on .59 ac lot at a signalized corner location in Southern California. 100% leased. $2.4M. NOI N/A. Retail Center in Las Vegas, NV: 15,773 SF attractive retail center on over 1 ac lot. Good demographics: fast growing (51,210% pop growth since 2000) and high income (AHI $87K/yr) area. NNN leased with good tenant mix. NOI $312K/yr. $4.625M. 6.75% cap. Denny's in Blaine, MN: 5512 SF Denny's Restaurant on nearly 1 ac lot in Minneapolis suburbs. Adjacent to 600,000 SF Northtown Mall. 100% NNN corp lease with 3-yrs left. NOI $97K/yr. $1.44M. 6.75% cap. MOB in Durham, NC: 7000 SF Class-A single tenant medical office building on 1 ac lot. Close to Duke Regional Hospital. 100% leased to Private Diagnostic Clinic. NOI $101K/yr. $1.495M. 6.77% cap. CVS in Plantation, FL: 10,692 SF well kept drug store on 1.58 ac lot at a hard corner location in high income Fort Lauderdale suburbs.  100% absolute NNN corp lease with 6-yrs left. NOI $216K/yr. $3.7M. 5.80% cap. Shopping Center in Inkster, MI: 54,755 SF well maintained shopping center constructed in 1995 on 1.25 ac lot along major artery in Detroit suburbs. 97% leased. NOI $321K/yr. $3.57M. 9% 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.