Monday, December 14, 2015

11-30: Fresenius, Advance Auto Parts, Pizza Pub, Shopping Centers


Daily Best Commercial Properties

  1. Fresenius in Portsmouth, VA: 10,100 SF Class-A built-to-suit dialysis center constructed in 1990 on nearly 1 ac lot in a growing Norfolk metro, VA (a Certificate of Need state). Close to Naval Medical Center. Recently extended NNN lease with 6 yrs left & guaranty by Fresenius Medical Care Holding. $123K/yr with 2% annual rent increases. $1.538M. 8% cap.
  2. Retail Center in Cooper City, FL: 9594 SF well maintained retail center on over 1 ac lot along busy corridor in affluent Miami suburbs with an AHI of $115K/yr in a 1 mile ring. 100% leased. NOI $223K/yr. $3.19M. 7% cap.
  3. Advance Auto Part in Olathe, KS: 13,684 SF single tenant auto center at a signalized corner location in growing upper middle-class Kansas City suburbs. Across form Price Chopper center and close to Walmart Supercenter. 10 yrs NNN- lease with 7 yrs left. NOI $69K/yr. $1.1M. 6.35% cap.
  4. Retail Center in Temple, TX: 27,340 SF retail center built in 2006 on 8 ac lot at a highly visible location. In fast growing Austin metro. 100% leased. NOI $232K/yr. $3M. 7.75% cap.
  5. Strip Center in Wilmington, CA: 7113 SF well kept strip center built in 2005 on .49 ac lot in densely populated Los Angeles area with over 480,000 residents in a 5 mile ring. 80% NNN leased. Actual NOI $159K/yr. $2.65M. 6% cap.
  6. Retail Center in Pomona, CA: 13,638 SF inline retail center completed in 2005 on over 1 ac lot at a hard corner location in growing upper middle-class Los Angeles suburbs. Shadow anchored by Food 4 Less. 100% NNN leased to Goodwill, Pizza Pirates and H & R Block. NOI $213K/yr. $3.9M. 5.50% cap.
  7. Pizza Pub in El Paso, TX: 5200 SF free-standing retail building constructed in 2004 on over 1 ac lot along major retail corridor.  Close to Walmart Supercenter, Home Depot & El Paseo Marketplace with Target, Party City and PetSmart. 100% NNN lease with 7 yrs left. NOI $108K/yr. $1.35M. 8% cap.
  8. Shopping Center in Phoenix, AZ: 98,599 SF shopping center renovated in 2000 on over 7 ac lot at a hard corner location. Across from Fry's grocery store. Major tenants Goodwill and Panda Express.  Close to Paradise Valley Mall. 94% leased. $14.75M. 7.31% 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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