12-11: Hometown Buffet, Walgreens Portfolio, Office Buildings, Shopping Centers

Daily Best Commercial Properties

Hometown Buffet in Vacaville, CA: 8600 SF Hometown Buffet on 1.33 ac lot in growing upper middle-class (AHI $91K/yr in a 3 mile ring) city near Sacramento. Adjacent to Vacaville Premium Outlets, Sam's Club and Walmart Supercenter. Close to I-80.   20-yrs absolute NNN corp lease with over 4 yrs left. NOI $154K/yr. $2.808M. 5.50% cap. Office Building in Melbourne, FL: 15,000 SF Class-A single tenant office building completed in 2007. 100% NNN leased to Health First Physicians, Inc. NOI $225K/yr. $3.01M. 7.48% cap. Office Building in Spokane, WA: 11,576 SF Class-B multitenant office building on .73 ac lot. Adjacent to Costco, 100% leased with strong local tenants. NOI $97K/yr. $1.345M. 7.25% cap. Walgreens Portfolio in Various Cities, IL: 42,930 SF consisting of three drive-thru Walgreens in Chicago MSA. Each store reports above average sales. 100% NNN lease with 4 yrs left. NOI $1.032M.  $15.296M. 6.755 cap. Retail Center in Spokane, WA: 26,818 SF well maintained retail center on an outparcel to a center with Cash&Carry, Grocery Outlet, Hobby Lobby and Michaels. Across from Costco. 100% NNN leased to Dollar Tree, Beyond Beads, Julie's Dance Academy, Escape Entertainment and Kinja Sushi. NOI $199K/yr. $2.57M. 7.75% cap. Shopping Center in Punta Gorda, FL: 24,500 SF attractive shopping center on 2.68 ac lot. Close to Walmart Supercenter and with easy access to I-75. NNN leased. NOI $340K/yr. $3.4M. 10% 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.