- MOB in Warren, MI: 9266 SF well
maintained single tenant medical office building on .72 ac lot in a
densely populated area with over 300,000 residents in a 5 mile radius.
New 10 yrs NNN lease to PACE, a
tenant providing senior health care and support. NOI $120K/yr with rent
increases starting in yr 6. $1.72M. 7% cap.
- Shopping Center in
Katy, TX: 20,000
SF retail center constructed in 2005 on 1.66 ac outparcel to 24-hour
Walmart Supercenter. At a major signalized intersection and in a growing
upper middle class Houston suburbs. 88% NNN leased. Actual NOI $377K/yr.
$5M. 7.55% cap.
- Retail Center in
Cordova, TN: 17,360
SF retail center built in 2002 on 1.69 ac lot at a signalized corner
location. Good demographics: 50% pop growth and AHI of $96K/yr in a 1
mile ring. 100% leased to local, regional and national tenants. $1.9M.
NOI N/A.
- Office Building in
North Chesterfield, VA: 8938 SF attractive multitenant office building
completed in 1992 on 1.50 ac lot in affluent (AHI $108K/yr) Richmond
suburbs. Close to three major centers and Johnson Willis Hospital. 100%
NNN leased. NOI $162K/yr. $1.95M. 8.31% cap.
- Strip Center in
Berwyn, IL: 6657
SF strip center built in 2000 on .57 ac lot at a hard corner location
and along busy corridor in upper middle-class area. 100% NNN leased. NOI
$101K/yr. $1.35M. 7.54% cap.
- Retail Center in
Phoenix, AZ: 24,858
SF L-shaped retail center constructed in 2006 on .57 ac corner lot.
Close to I-10. NNN leased. NOI $212K/yr. $2.95M. 7.20% cap.
- Shopping Center in Las
Vegas, NV: 28,381
SF attractive shopping center built in 2003 on 2.83 ac lot at a main
retail artery. Across from Walmart. 100% NNN leased. NOI $329K/yr.
$4.625M. 7.12% 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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