|
- Tire
Kingdom in Deland, FL: 6000 SF well maintained auto center on
.88 ac lot along major artery in growing Orlando suburbs. Across from
Belk, T.J. Maxx and Winn-Dixie center. 100% NNN corp lease with 3 yrs
left. NOI $67K/yr. $997K. 6.75% cap.
- Shopping
Center in Tulare, CA: 34,764 SF consisting of three well kept
buildings on 2.64 ac lot at a signalized corner location in a growing
middle-class city. 82% NNN leased. NOI $390K/yr. $6M. 6.50% cap.
- Office
Building in Folsom, CA: 6319 SF office building completed in
2007 in growing and affluent Sacrament suburbs with an AHI of $115K/yr
in a 1 mile radius. Tenants include: 3164 SF BHC Sierra Vista Hospital,
Inc., Healing Path Counseling Services, Innovative Tax Solutions and
Invision 3D4D Ultrasound. 100% leased. NOI $118K/yr. $1.687M. 7% cap.
- Bealls
in Longview, TX: 40,524 SF retail building on over 3 ac lot part of Longview Mall with
Sears, Dillard's and JCPenney. Tenant has been at this location since
2004. 100% NNN leased with 9 yrs left to Bealls. NOI
$364K/yr. $5.2M. 7.01% cap.
- Regional
Center in Toledo, OH: 187,252 SF neighborhood center on over
22 acres of land anchored by Burlington Coat Factory, Michael's, Home
Town Buffet, Pet Supplies Plus and DaVita Dialysis. 75% NNN leased.
Actual NOI $970K/yr. $10.1M. 9.60% cap. Upside potential when fully
leased.
- Advance
Auto Parts in Health, OH: 7000 SF single tenant retail building
on .64 ac lot along major retail corridor. Close to Indian Mound Mall.
Tenant has been at this location for 18 yrs. 100% NNN lease with 10 yrs
left. NOI $67K/yr. $1.035M. 6.50% cap.
- Strip
Center in Waukegan, IL: 4800 SF attractive strip center on .56
ac lot. Adjacent to Super Fresh and ALDI grocery stores. 100% NNN leased
to Dunkin' Donuts, TitleMaxx and Elsie's Place. NOI $125K/yr. $1.75M.
7.17% cap.
- Speedy
Cash in Dolton, IL: 2025 SF attractive retail building constructed
in 2013 on .59 ac lot along main corridor in Chicago suburbs. 10 yrs NNN
lease with 8 yrs left to a strong operator. NOI $90K/yr with 10% rent
bumps every 5 yrs. $1.185M. 7.59% cap.
- Tahoe Joe's Steakhouse in Visalia,
CA: 6852 SF steakhouse restaurant built in 2007 on .59 ac
outparcel to WinCo Foods shopping center. Close to Sequoia Mall. 10 yrs
NNN lease to a strong operator with 500 restaurants. NOI $126K/yr with
10% rent bumps every 5 yrs. $2.3M. 5.50% cap.
- Shopping
Center in Phoenix, AZ: 20,173 SF 9-unit retail center built
in 1997 on 2.24 ac corner lot in an affluent & fast growth part of
Phoenix with AHI of $138K/yr in 1 mile. Across from Walgreens,
Safeway, Anytime Fitness. 84% NNN leased with 1 vacant unit.
Current NOI $264K/yr. $3.775M. 7.02% cap. Upside potential when
fully leased.
|
|
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.
|
|
No comments:
Post a Comment