Monday, August 10, 2015

7-10: DaVita, MOB, Concentra, Steak 'n Shake, Shopping Centers


Daily Best Commercial Properties

  1. DaVita in Moorpark, CA: 11,594 SF dialysis center built in 2008.  15 yrs corp NNN lease with 12 yrs remaining to a Fortune 500 company.  NOI $336K/yr. with 10% rent bumps every 5 yrs (next bump in 2017). $6.725M. 5% cap.
  2. Shopping Center in Rialto, CA: 25,352 SF shopping center on 1.78 ac lot and anchored by Family Dollar.  100% leased to 5 tenants.  NOI $261K/yr. $4.11M. 6.35% cap.
  3. MOB in Lincoln, NE.  10,804 SF medical office building completed in 2003 in fast growth and affluent area (AHI $103K/yr).  100% leased.  NOI $117K/yr. $1.595M. 7.4% cap.
  4. Concentra Urgent Care in Peoria, AZ: 9107 SF urgent care center with immediate access to Loop 101 in high income area.  10 yrs absolute NNN lease with 3 yrs left to Concentra, a national health care company with 330 centers in 40 states.  NOI $198K/yr. $2.828M. 7% cap.
  5. Rite Aid in Gastonia, NC: 10,908 SF drug store built in 1999 at a signalized corner in Charlotte metro. 20 yrs absolute NNN lease till 2019.  NOI $278K/yr. $4M. 6.95% cap.
  6. Shopping Center in Phoenix, AZ: 26,101 SF shopping center on 2.7 ac corner lot.  93% leased to 9 tenants: food, beverage, medical and veterinarian users.  NOI $416K/yr. $5.55M. 7.51% cap.
  7. Steak 'n Shake in Lawrence, KS: 3690 SF restaurant built in 1998 on an outparcel to Target in Kansas city metro.  Close to Walmart, Kohl's, Home Depot, Best Buy, Bed Bath & Beyond, Petco, and many others.  100% absolute NNN lease with 2+ yrs left.  NOI $93K/yr. $1.06M. 8.79% 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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