08-25: MOB, Office Buildings, Shopping Centers, Retail Centers, Strip Centers

Daily Best Commercial Properties

Shopping Center in Waukesha, WI: 57,727 SF recently renovated shopping center on 4 ac lot at a signalized intersection in Milwaukee metro. Major tenants include: Gold's Gym, Visionworks, Subway, George Webb and Great Clips. NOI $700K/yr. $7.668M. 9.13% cap. MOB in Farmington Hills, MI: 27,217 SF well maintained multitenant medical office building on 1.73 ac lot in a high income area with an AHI of $104K/yr in a 5 mile radius. Close to I-696.  82% NNN leased. Actual NOI $557K/yr. $6.5M. 8.58% actual cap. MOB in Fort Myers, FL: 15,488 SF single-tenant class-A medical office building completed in 2007 on 1.43 ac lot in fast growing area.  7-yrs absolute NNN lease to 21st Century Oncology, a multi-billion dollar provider of cancer care services with 391 locations.  NOI $363K/yr with 2.5% annual rent bumps. Price reduced from $4.84M to $4.54M. 8% cap. Strip Center in Chicago, IL: 7599 SF attractive strip center at a signalized intersection in a densely populated area with over 800,00 residents in a 5 mile ring. 100% NNN leased with local and national tenants. NOI $156K/yr. $2.04M. 7.65% cap. MOB in Las Vegas, NV: 45,895 SF Class-B medical office building on over 3 ac lot along major artery. 73% leased. Actual NOI $408K/yr. $5.4M. 7.64% actual cap. Upside potential. Retail Center in Fremont, CA: 25,972 SF recently remodeled shopping center built in 1990 on 1.70 ac lot in high income (AHI $96K/yr) Silicon Valley. 100% NNN leased. NOI $897K/yr. $13.164M. 6.82% cap. Retail Center in Suwanee, GA: 11,200 SF retail center built in 2000 on 1.46 ac lot along major thoroughfare in growing & affluent Atlanta suburbs. Across from Kroger grocery. 75% NNN leased to stable tenants. Pro forma NOI $189K/yr. $1.89M. 10% pro forma cap. Office Building in Roseville, CA: 9315 SF Class-B multitenant office building on over 1 ac lot in growing upper middle class Sacramento suburbs. 100% leased to five tenants. 7% cap. NOI N/A. Shopping Center in Downers Grove, CO: 56,120 SF shopping center on 6.69 ac lot at a hard corner location in a high income area. Adjacent to Kohl's and across from Finley Square Mall. On an off/on ramp of I-355. 88% NNN leased. 9.25% cap. NOI N/A.

(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.