- MOB in
Cincinnati, OH: 21,553
SF multitenant medical office building constructed in 1995 on 2 ac lot.
Adjacent to Eastgate Mall
and with easy access to I-275. Major tenants: Cincinnati Children's Hospital
(AA2 Credit Rating and employs Over 14,000 in Cincinnati MSA) and The
Christ Hospital (A3 Credit Rating and employs over 6,000 in Cincinnati
MSA). 82% NNN leased. Actual NOI $229K/yr. $2.75M. 8.35% actual cap.
Upside potential.
- Retail
Center in Grandville, MI: 17,248 SF retail center built in
1997 on over 2 ac lot in Grand Rapids suburbs. Close to Walmart
Supercenter and I-196. 100% NNN leased with good tenant mix: Panera
Bread, Regis, Sun Tan City and State Farm. NOI $231K/yr. $3.2M. 7.22%
cap.
- Shopping
Center in Milwaukee, WI: 35,327 SF L-shaped well maintained
shopping center built in 1989 on 3.5 ac lot along main corridor. Close
to Walmart. 88% leased with good tenant mix. Actual NOI $328K/yr.
$3.454M. 9.50% actual cap. Upside potential.
- Retail
Center in Houston, TX: 22,831 SF eye-catching retail center
built in 2007 on over 2 ac lot in a fast growing and high income Houston
suburbs. Major tenants: Portal Family Dentistry, Legend Nails, Little
Moe's, L Hair Salon and Donuts Delight. 100% NNN leased. NOI $354K/yr.
$4.4M. 8.06% cap.
- Retail
Center in Indianapolis, IN: 39,048 SF retail center built in
2002 on 5.36 ac lot at a hard corner intersection. 80% leased. Actual
NOI $382K/yr. $4.777M. 8% cap. Upside potential when fully leased.
- MOB in
Indianapolis, IN: 12,681 SF single-tenant Podiatry Outpatient surgery
center on 2.59 ac lot. Adjacent to St
Vincent's Hospital. 100% NNN leased to Community Health Network, a
A2 Moody's national credit tenant. Center performs more than 1000
cases/year. NOI $374K/yr. $5.1M. 7.34% cap.
- Shopping
Center in Louisville, KY: 44,366 SF attractive shopping center
on over 3 ac lot along Hwy-60. Shadow anchored by Kroger Grocery. Good
tenant mix: Dr. Bizer's Vision World, Sun Tan City, GNC, Sherwin
Williams, Hear Here and Double Dragon II. 84% NNN leased. NOI
$507K/yr. $5.635M. 9% cap.
- Retail
Center in Katy, TX: 18,000 SF retail center on 1.46 ac
lot in growing and high income Houston suburbs with an AHI of $79K/yr in
a 1 mile radius. 92% leased. NOI $240K/yr. $2.835M. 8.50% cap.
- Francis
Urgent Care in Greenwood, IN: 5245 SF Class-B urgent care center
on .74 ac lot at a signalized intersection in growing Indianapolis
suburbs. Across from Greenwood Park Mall. 100% absolute NNN lease with
over 5-yrs left. NOI $121K/yr. $1.62M. 7.50% cap.
- Strip
Center in Beaumont, CA: 11,000 SF eight-units well
maintained retail center on .87 ac lot in growing Riverside County in
Southern CA. With easy access to I-10. 100% leased. NOI $125K/yr. $1.924M.
6.50% cap.
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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.
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