11-20: Lin's Buffet, Planet Fitness, Burger King, MOB, Retail Centers, Shopping Centers

Daily Best Commercial Properties

MOB in Cordova, TN: 11,669 SF Class-A single tenant medical office building on 1.58 ac corner lot in growing and upper middle-class area. 100% NNN lease with 4 yrs left to Memphis Spine and Rehab Center Clinic. NOI $185K/yr. $2.5M. 7.40% cap. Shopping Center in La Vista, NE: 48,712 SF consisting of four attractive retail buildings completed in 2000 on over 6 ac lot in growing and high income (AHI $102K/yr) Omaha suburbs. 84% NNN leased. Actual NOI $423K/yr, $5.25M. 8.07% cap. Lin's Buffet in Albuquerque, NM: 12,500 SF well maintained buffet restaurant remodeled in 2011 on 1.71 ac lot. Across from Lovelace Medical Hospital. 15 yrs NNN lease with 11 yrs left to a regional operator with 23 units. NOI $172K/yr with 2% annual rent increases. $$2.375M. 7.25% cap. Planet Fitness in Albuquerque, NM: 16,464 SF fitness center at a hard corner location in growing and upper middle-class area with an AHI of $82K/yr in a 1 mile ring. 10 yrs absolute NNN lease with 9 yrs left. NOI $181k/yr with generous rent increase in yr 5. $2.786M. 6.50% cap. Burger King in Phoenix, AZ: 3500 SF Burger King on .80 ac outparcel to Albertsons center and Walgreens. 100% NNN lease with 3 yrs left to an experienced franchisee. NOI $94K/yr. $1.461M. 6.50% cap. MOB in Spokane, WA: 35,559 SF Class-A medical office building completed in 2005 in a fast growing area. Across from Providence Holy Family Hospital and close to Northtown Mall.  Tenants include: Spokane Orthopedic, Inland Neurosurgery, Pathology Assoc. Medical and The Doctors Clinic. $4.5M. NOI N/A. Retail Center in Marietta, GA: 13,200 SF attractive retail center built in 2007 on over 2 ac lot at a highly visible location in upper middle-class (AHI $87K/yr) Atlanta suburbs. 79% NNN lease to Dialysis Clinic and Physical Therapy. NOI $168K/yr. $2.245M. 7.50% cap. Upside potential when fully leased.

(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.