- Shopping
Center in Inkster, MI: 54,755 SF shopping center built in 1995 on nearly 7
ac corner lot in Detroit suburbs. Major tenants include: O'Reilly Auto
Parts, Family Dollar, Rent-A-Center and Citi Trends. 97% NNN leased.
Actual NOI $321K/yr. $3.57M. 9% cap.
- Retail
Building in Louisville, KY: 5494 SF attractive retail center completed in 2000 on
.46 ac outparcel to Home Depot. Close to Jefferson Mall. 100% NNN leased
to Sprint and Check Smart. NOI $105K/yr. $1.5M. 7.03% cap.
- O'Reilly
Auto Parts in Gilbert, AZ: 6650 SF single tenant retail building constructed in
1999 on .65 ac lot in affluent (AHI $97K/yr) Phoenix suburbs. Across
from Fry's Food center. 100% NNN
lease with 4 yrs left to a national tenant. NOI $66K/yr. Price reduced
from $1.025M to $945K. 7% cap.
- Retail
Center in Elgin, IL: 12,500 SF well maintained retail center in upper
middle-class area. Adjacent to Presence
Saints Joseph Hospital and with easy access to Hwy-20. 79% NNN
leased to five tenants. NOI $141K/yr. $1.823M. 7.75% cap.
- Fast Auto
Loans in Pittsburg, CA: 2676 SF newly renovated retail building on .72 ac lot
in growing Contra Costa County in San Francisco Bay Area. Adjacent to
Home Depot and WinCo Foods. Visible from Hwy-4 New 7-yrs NN corp
lease. NOI $95K/yr with 2% annual rent increases. $1.468M. 6.5%
cap.
- Retail
Center in Kissimmee, FL: 23,628 SF well kept retail center built in 1999 on
over 3 ac lot along busy corridor in growing Orlando suburbs. Across
from brand new Publix shopping center. 91% leased with good tenant mix.
$3.9M. NOI N/A.
- Retail
Center in Streamwood, IL: 17,562 SF high quality construction attractive strip
center in a high income (AHI $98K/yr) area. Across from Target and
Marshalls center. 92% NNN leased. NOI $350K/yr. $4.417M. 7.93% Cap.
- Marie
Callender's in Morgan Hill, CA: 6400 SF restaurant constructed in 1991 on 1.63 ac lot
in high income Silicon Valley with an AHI of $112K/yr in a 3 mile radius.
Across from Cochrane Plaza with Walmart Supercenter, Big 5 Sporting
Goods and Hobby Lobby. With easy access to Hwy-101. 100% NNN lease with
3 yrs left. NOI $128K/yr. $2.35M. 5.46% cap.
- Lightning
Lube in Scottsdale, AZ: 3030 SF three-bay well maintained auto center on .31
ac lot along busy corridor in Phoenix suburbs. Tenant has been at this
location since 2007. New 20-yrs NNN lease. NOI $66K/yr. $1.015M. 6.50%
cap.
- MOB in Fort
Worth, TX: 6065 SF Class-A single-tenant Outpatient Surgery
Center on nearly 1 ac lot. Adjacent to Plaza Medical Center and close to
Harris Methodist Hospital. 100% NNN lease with 5-yrs left to a tenant
with 10 locations. NOI $264K/yr. $3.78M. 7% 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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