- Shopping
Center in Tracy, CA: 49,580 SF well maintained shopping
center on 3.54 ac corner lot in upper middle-class San Joaquin County.
100% leased to 14 tenants. NOI $294K/yr. $3.926M. 7.50% cap.
- Retail
Center in Orlando, FL: 19,790 SF attractive retail center
built in 2007 on over 2 ac lot along busy corridor. All units face main
thoroughfare. Close to I-4. 94% leased. NOI $251K/yr. $3.3M. 7.61% cap.
- Retail
Building in Layton, UT: 10,000 SF two-units retail building
on .68 ac outparcel to Hobby Lobby and Harbor Freight Tools in growing
Salt Lake City suburbs. Near Layton Hills Mall and with easy access to
I-15. NNN leased. NOI $176K/yr. $2.2M. 8% cap.
- Havoline
Xpress Lube in Duluth, GA: 4314 SF three-bay well maintained
auto center constructed in 1995 in growing and high income Atlanta
suburbs with an AHI of $97K/yr in a 3 mile radius. 15 yrs absolute NNN
lease with over 14 yrs left to a strong operator with over 290 units.
NOI $92K/yr with 10% rent bumps every 5 yrs. $1.43M. 6.50% cap.
- Outback
Steakhouse in Greenfield, WI: 6500 SF restaurant on 1.50 ac lot in
middle-class Milwaukee suburbs. Close to Southride Mall and
I-43. 100% NNN corp ground lease (land for sale) with 5 yrs left. NOI
$72K/yr with generous rent increase in the next option period. $1.161M.
6.25% cap.
- MOB in New
Albany, IN: 13,131 SF Class-A single-tenant medical office building
in Louisville suburbs. Over $1M in recent upgrades to the building
infrastructure to support the new expansion of the Women's Center. Near
I-265. 100% NNN lease. NOI $211K/yr. $3.2M. 6.61% cap.
- Retail
Center in North Olmsted, OH: 30,000 SF well maintained retail
center on 2 ac lot along busy corridor. Close to Great Northern Mall
and I-480. 90% leased with many long-term tenants. Actual NOI $180K/yr.
$2M. 9% actual cap. Upside potential.
- The Children's
House in West Chester, OH: 16,000 SF day care facility
constructed in 2006 on 1.88 ac lot in affluent Cincinnati suburbs with
an AHI of $103K/yr in a 1 mile ring. Close to I-75. 100% NNN lease with
5 yrs left to a regional operator with six locations. NOI $288K/yr.
$3.49M. 8.25% cap.
- Greystone Steak & Seafood
in Wichita, KS: 4872 SF upscale restaurant built in 2003 on nearly 1
ac lot in affluent (AHI $131K/yr) neighborhood. New 10 yrs
absolute NNN lease. NOI $150K/yr with 2% annual rent increases. $2M.
7.50% cap.
- MOB in
Stockbridge, GA: 12,876 SF Class-B multitenant medical office building
on 1 ac lot in growing upper middle class Atlanta suburbs. Close to
Piedmont Henry Hospital and I-75. 100% leased to two tenants. NOI
$270K/yr. $3.4M. 7.95% 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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