- Advance
Auto Parts in Orlando, FL: 7000 SF retail building completed in
2004 on nearly 1 ac lot at a highly visible location. 15 yrs NNN corp
lease with 4 yrs left. NOI $1.852M. 7.15% cap. NOTE: flyer not avail
full brochure upon request.
- Buffalo
Wild Wings in Moreno Valley, CA: 5126 SF casual dining restaurant &
bar built in 2009 on nearly 1 ac lot in growing Riverside County.
Adjacent to Moreno Valley
Mall, Costco and Lowe's. With easy access to Hwy-60. 100% NNN lease
with 5 yrs left to a national tenant (NASDAQ: BWLD) with over 1000
locations. NOI $249K/yr. $4.5M. 5.54% cap.
- Tutor
Time in Apple Valley, MN: 11,083 SF day care center constructed
in 1998 on .99 ac lot in affluent (AHI $102K/yr in a 3 mile ring)
Minneapolis MSA. Tenant has been at this location since 1998. Tenant to
invest $150k in improvements. Newly executed 5 yrs NNN lease. NOI
$216K/yr. $2.4M. 8.25% cap.
- Retail
Center in Austin, TX: 14,887 SF retail center at a main
retail corridor. Across from Lakeline Mall and close to Hwy-183/45. 100%
leased to established long term tenants. NOI $396K/yr. $5.665M. 7% cap.
- Pick 'n
Save in Milwaukee, WI: 67,866 SF well maintained grocery store
on over 5 ac lot in a densely populated area. 20 yrs absolute NNN lease
with over 11 yrs left to a strong operator with over 150 location. NOI
$630K/yr with 3% rent bumps every 5 yrs. $9M. 7% cap.
- MOB in
Westford, MA: 13,139 SF multitenant medical office building on 5.43 ac
lot in prosperous Boston metro with a AHI of $142K/yr in a 1 mile ring.
87% NNN leased. Actual NOI $204K/yr. $2.55M. 8% actual cap. Upside
potential when fully leased.
- Denny's
in Auburn, NY: 5545 SF 24-hour franchised family restaurant on 1.52 ac
lot across from 200,000 SF center with Marshalls, Dollar Tree and Bed
Bath & Beyond. Close to Walmart Supercenter. Recently executed 10
yrs absolute NNN lease. NOI $138K/yr with 10% rent increases every 5
yrs. $2.132M. 6.50% cap.
- Tire
Choice in Greenacres, FL: 6200 SF auto center along major retail
corridor in Lake Worth suburbs. New 10 yrs NNN- lease. NOI $96K/yr with
10% rent bumps every 5 yrs. $1.6M. 6% cap.
- Red
Lobster in San Jose, CA: 7876 SF American casual dining
restaurant on 1.68 ac lot at a hard corner location in a high income
(AHI $120K/yr) Silicon Valley. Close to Eastridge Mall and Hwy-101.
25-yrs NNN lease with over 23 yrs left. NOI $405K/yr with 2% annual rent
increases. $7.576M. 5.35% cap.
- Strip
Center in Roswell, GA: 8000 well maintained strip center on
.96 ac lot in fast growing and high income Atlanta suburbs with an AHI
of $105K/yr. 100% leased. NOI $90K/yr. $1.2M. 7.50% 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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