09-04: Burger King, MOB, Neighborhood Centers, Retail Centers

Daily Best Commercial Properties

Retail Center in Rialto, CA: 25,352 SF well kept retail center on 1.78 ac lot along main artery in San Bernardino County. Anchored by 9600 SF Family Dollar. 100% NNN leased. NOI $261K/yr. Price reduced from $4.35M to $4.2M. 6.25% cap. MOB in Portland, OR: 12,046 SF single tenant medical office building renovated in 2010 on over 1 ac lot at a signalized intersection. Close to Providence Milwaukie Hospital. 100% NNN lease with 5 yrs left to Northwest Primary Care, a well established tenant with seven locations. NOI $322K/yr with CPI-based annual rent bumps. $5.2M. 6.2% cap. Retail Center in Garland, TX: 67,510 SF well maintained retail center on 5.64 ac lot in growing Dallas suburbs. 85% leased. Actual NOI $450K/yr. $5.48M. 8.22% actual cap. Upside potential when fully occupied. Shopping Center in Hillsboro, OR: 59,180 SF L-shaped recently renovated shopping center on over 5 ac lot at a signalized intersection & along Hwy-8. Major tenants include: Planet Fitness and Baxter Auto Parts (regional tenant with 32 stores in OR, CA, and WA). 93% NNN lease with only two vacancies. Actual NOI $700K/yr. $9.8M. 7.15% cap. MOB in Tampa, FL: 4454 SF single tenant medical office building renovated in 2005 on .45 ac lot. Close to Memorial Hospital of Tampa. 100% NNN lease to Jay J. Garcia MD Weight Loss & Wellness Center with 3 locations in Tampa. NOI $117K/yr with 3% annual rent bumps.  $1.62M. 7.25% cap. Burger King in Medina, OH: 3601 SF well maintained single tenant fast food restaurant on over 1 ac lot at a hard corner location in growing and upper middle class area. Across from Buehler's Fresh Foods grocery and close to Regal Cinemas and Walmart Superstore. 100% NNN corp lease with 12 yrs left. NOI $92K/yr. $1.415M. 6.50% cap. Neighborhood Center in Memphis, TN: 104,365 SF well kept shopping center on over 10 ac lot. 82% leased with excellent tenant mix. With easy access to I-240. 9% 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.