- Hooters
in North Little Rock, AR: 5073 SF Hooters restaurant on 1.68
ac lot adjacent to major power centers. Across from McCain Mall, near
Baptist Medical Center and next to Hwy-67. 100% NNN corp lease with 9
yrs left. NOI $148K/yr with 10% rent increases every 5 yrs. $2.376M.
6.25% cap.
- Wendy's
in Canoga Park, CA: 3139 SF fast food restaurant on .76
ac lot in upper middle-class Los Angeles County. 100% NNN lease to a
strong operator with 96 units. NOI $175K/yr with annual rent bumps.
$3.352M. 5.25% cap.
- LA
Fitness in Naples, FL: 30,571 SF fitness center on over 5
ac lot in a high income area with an AHI of $94K/yr in a 1 mile ring.
100% NNN corp lease with over 7 yrs left. NOI $687K/yr with 10% rent
increases every 5 yrs. $8.87M. 7.75% cap.
- Walgreens
in Indianapolis, IN: 15,120 SF well maintained drug store
constructed in 2001 on 1.74 ac lot at a signalized corner location. 100%
NNN corp lease. NOI $285K/yr. $3.455M. 8.25% cap.
- Sports
Authority in Phoenix, AZ: 63,034 SF retail building renovated
in 2008 on 6.27 ac lot at a major retail corridor. Adjacent to Target
and Hobby Lobby. Across from Ahwatukee Foothills Towne Center
with AMC Theaters, Marshalls, Ross Dress for Less,
Babies R Us and Petsmart and more. Near I-10. 100% absolute NNN leased
with over 8-yrs left. NOI $1.036M/yr. $13M. 8% cap.
- Retail
Center in Louisville, KY: 14,737 SF attractive retail center
built in 2004 on 2 ac lot in growing and affluent (AHI $116K/yr in a 3
mile ring) neighborhood. 100% NNN leased. NOI $196K/yr. $2.45M. 8% cap.
- Retail
Center in Katy, TX: 17,125 SF retail center completed in
2013 on 1.68 ac lot in booming (2,309% pop growth since 2000) and
prosperous (AHI $160K/yr in 3 miles) Houston MSA. 100% NNN leased. NOI
$386K/yr. $5.308M. 7.50% cap.
- Retail
Center in Houston, TX: 14,350 SF attractive retail center
built in 2010 on 1.72 ac lot along major artery in a fast growing area.
100% leased to Normandy Dental, Capital Title, Edward Jones, Barber
Shop, Hal-Iows Boutique, Bibo's Cafe, Texan Nails and La Sirena Seafood
Restaurant. NOI $277K/yr. $3.962M. 7% cap.
- Office
Building in Mesa, AZ: 21,710 SF Class-B office building on
over 1 ac lot along busy corridor. 88% leased to multiple tenants.
Actual NOI $180K/yr. $2.5M. 7.23% actual cap. Upside potential.
- Retail
Center in Naples, FL: 16,449 SF well maintained retail
center built in 2000 on nearly 2 ac lot in Fort Myers suburbs. 92%
leased. NOI $155K/yr. $1.795M. 8.70% cap. Upside potential when fully
leased.
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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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