09-15: Miller's Atlanta Ale House, Schlotzsky's Deli, Oil Can Henry, Mimi's Cafe, MOB

Daily Best Commercial Properties

MOB in Lynchburg, VA: 9652 SF attractive medical office building constructed in 1990 on .76 ac lot. Close to Centra Lynchburg General Hospital, and Alan Pearson Regional Cancer Center. 100% NNN- leased to DaVita and Lynchburg Nephrology. NOI $204K/yr. $3.144M. 6.5% cap. Miller's Atlanta Ale House in Alpharetta, GA: 8254 SF restaurant on 1.66 ac outparcel to Sam's Club and Main Event  in affluent Atlanta suburbs with an AHI of $115K/yr in a 5 mile ring.  Close to North Point Mall and with easy access to Hwy-400. 15-yrs NNN corp lease with 4-yrs left. NOI $261K/yr with 3% annual rent increases. $3.49M. 7.50% cap. Retail Building in Montgomery, AL: 15,376 SF well maintained retail building along major retail corridor. Across from Eastdale Mall and near Hwy8/53. 100% NNN leased to Advance Auto Parts and Meineke Car Care. NOI $115K/yr. $1.645M. 7% cap. Retail Center in Las Vegas, NV: 15,794 SF consisting of two well maintained retail buildings on over 1 ac lot in a growing middle class area. NOI $199K/yr. $2.85M. 7% cap. Hereford House in Leawood, KS: 11,055 SF Steakhouse on 1.06 ac outparcel to Town Center Plaza - major open-air lifestyle center with over 90 stores. 15 years absolute NNN lease with 12 yrs left to Hereford House.  High income area with AHI of $98K/yr. NOI $254K/yr. with 2% or CPI annual rent bumps.  $3.512M. 7.25% cap. Schlotzsky's Deli in Olathe, KS: 3241 SF fully renovated Cafe & Bakery restaurant on over 1 ac lot in a high income (AHI $83K/yr in 3 miles) area. Visible and next to I-35. New 15-yrs absolute NNN lease. NOI $100K/yr with 7.5% rent bumps every 5-yrs. $1.55M. 6.5% cap. Oil Can Henry's in Modesto, CA: 3600 SF four-bays auto maintenance center at a 5 points intersection of Hwy-108. 100% NNN lease with 8-yrs left. NOI $97K/yr. $1.3M. 7.5% cap. Mimi's Cafe in Colorado Springs, CO: 6983 SF restaurant built in 2000 along major retail corridor.  Adjacent to Sam's Club, Marshalls, Home Depot and Hobby Lobby. 20-yrs absolute NNN corp lease with 5-yrs left. NOI $266K/yr. $3.45M. 7.72% cap. Retail Center in Stafford, TX: 16,696 SF retail center on over 1 ac lot in fast growing and high income Houston suburbs with an AHI of $83K/yr in a 1 mile ring. 100% NNN leased. NOI $296K/yr. $3M. 9.87% 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.