Wednesday, November 18, 2015

11-04: Professional Buildings, Shopping Centers, Retail Buildings, Strip Centers


Daily Best Commercial Properties

  1. Shopping Center in Duluth, GA: 64,223 SF well maintained shopping center on 6.53 ac lot at a hard corner location in high income Atlanta suburbs. Adjacent to Gwinnett Medical Center. 100% leased. NOI $624K/yr. $7.5M. 8.33% cap. NOTE: flyer not available, full brochure upon request.
  2. Retail Center in Fresno, CA: 12,000 SF attractive retail center on 1.41 ac outparcel to Walmart Neighborhood Market. Across from Target and T.J. Maxx center. 100% leased. NOI $265K/yr. $3.495M. 7% cap.
  3. Professional Building in Las Vegas, NV: 20,263 SF Class-A professional office building completed in 1997 on 1.33 ac lot. Close to The Strip and near I-15. 100% leased. UFC, a Multi-Billion dollar corporation occupies 63% of the building.  NOI $242K/yr. $2.95M. 8.21% cap.
  4. Retail Building in Greenwood Village, CO: 5540 SF well maintained four units retail building on .53 ac lot in growing and high income (AHI $81K/yr in a 3 mile radius) Denver suburbs. 100% leased. NOI $131K/yr. $1.875M. 7% cap.
  5. Strip Center in Ceres, CA: 7142 SF strip center built in 2006 on .62 ac lot in Modesto suburbs. Adjacent to Big 5 Sporting Goods and Cost Less Foods. Across from Home Depot, Kmart and with easy access to Hwy-99. 80% leased. NOI $105K/yr. $1.4M. 7.20% cap.
  6. Retail Building in Little Rock, AR: 6066 SF single-tenant retail building at a major retail artery & in upper middle-class area. Across from Power Center and close to I-430. Brand new 10 yrs NNN lease. NOI $90K/yr. $1.213M. 7.50% cap.
  7. Shopping Center in Fountain, CO: 46,118 SF consisting of three retail buildings completed in 2000 on over 10 ac lot at a signalized intersection in growing Colorado Springs suburbs. Shadow anchored by Safeway. 97% NNN leased. NOI $1.024M/yr. $14.642M. 7% cap.
  8. Office Building in Denton, TX: 19,800 SF Class-A multitenant office building on 1 ac lot. Across from Denton County Courthouse. 98% leased. NOI $177K/yr. $2.338M. 7.60% cap.
  9. Shopping Center in Coral Springs, FL: 26,184 SF shopping center built in 1993 on 1.30 ac lot along busy retail corridor. NNN leased with national tenants. Pro forma NOI $348K/yr. $4.59M. 7% pro forma cap.
  10. Shopping Center in Apopka, FL: 45,368 SF shopping center built in 2008 on 6.82 ac lot in growing Orlando suburbs. Major tenants include: Staples and Dollar Tree. Adjacent to Home Depot & across from Lowe's and Winn Dixie. 76% leased. Actual NOI $395K/yr. $5.65M. 7% actual 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.
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