09-17: MOB, Alberto's Mexican Food, Office Buildings, Shopping Center

Daily Best Commercial Properties

Retail Center in Rohnert Park, CA: 14,530 SF well maintained retail center on 1 ac lot in a growing & upper middle-class city North of San Francisco. 100% NNN leased to Gracie Barra Mixed Martial Arts, The Sandwich Spot, Maxie Java, Fast Mart and Oasis Laundry. NOI $201K/yr. $3.7M. 5.45% cap. Shopping Center in Mobile, AL: 42,600 SF shopping center completed in 2004 on nearly 5 ac lot anchored by 17,000 SF Office Depot and 12,000 SF Dollar Tree. 96% NNN leased with good tenant mix. Pro forma NOI $530K/yr. $6.9M. 7.69% pro forma cap. MOB in Port Saint Lucie, FL: 6184 SF Class-A single tenant medical office building constructed in 2004 on 1.40 ac lot along major corridor. Close to Tradition Medical Center and I-95. Across from Sam's Club and Walmart. 100% NNN lease with 3 yrs left. NOI $103K/yr with rent bumps. $1.475M. 7% cap. Office Buildings in Atlantis, FL: 12,880 SF consisting of three well maintained office buildings in Lake Worth suburbs. Adjacent to JFK Medical Center. 76% leased to multiple tenants. Actual NOI $174K/yr. $2.495M. 7% actual cap. Upside potential. MOB in Warren, MI: 9266 SF Class-B single tenant medical office building on .72 ac lot in Detroit suburbs. Tenant recently spent nearly $600K on improvements.  10 yrs NNN lease with over 9 yrs left. NOI $120K/yr. $1.72M. 7% cap. Retail Center in Tomball, TX: 29,352 SF retail center constructed in 2007 on 6 ac outparcel to Walmart Supercenter along major artery in affluent (AHI $117K/yr) Houston suburbs. Major tenants include: Boost Mobile, H&R Block, Community Urgent Care, Leslie's Poolmart, Dollar Tree and Cato. 100% NNN leased. NOI $423K/yr. $6.509M. 6.5% cap. Retail Center in Bourbonnais, IL: 9442 SF attractive retail center on .86 ac lot in a growing middle-class city. 100% NNN leased to three tenants including Advance Auto Parts. NOI $155K/yr. $2.297M. 6.75% cap. Strip Center in Vista, CA: 7,200 SF well maintained inline strip center on .64 ac shadow anchored by Vons Supermarket, Harbor Freight Tools, and Autozone in upper middle class San Diego suburbs. 100% leased. NOI $74K/yr. $1.475M. 5.05% cap. Note: while the cap is low, this property has upside potential as it's only $200/SF. Office Building in Urbandale, IA: 39,000 SF Class-A multitenant office building on 4 ac lot in high income Des Moines suburbs with an AHI of $109K/yr in a 1 mile ring. 95% leased with strong national and local credit tenants. Actual NOI $272K/yr. $3.4M. 8% cap. Alberto's Mexican Food in Riverside, CA: 2400 SF well maintained Mexican Restaurant on .52 ac lot in growing upper middle-class Los Angeles suburbs. With easy access to Hwy-91. Tenant has been at this location for 15 yrs. Newly executed 10 yrs NNN corp lease. NOI $86K/yr with 2% annual rent bumps. $1.645M. 5.25% 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.