01-15: Walgreens, KFC Pier 1 Imports, MOB, Professional Centers

Daily Best Commercial Properties

MOB in Las Vegas, NV: 8164 SF attractive 3-unit medical office building constructed in 2008 on .64 ac lot. Across from Kindred Hospital and close to Desert Springs Hospital. 79% leased to 2 tenants: Healthcare Partners (owned by Davita), and Dental A+. Seller to provide 1 yr rent guaranty for the vacant unit. NOI $133K/yr. $1.75M. 7.64% cap. Professional Center in Sanford, FL: 7987 SF retail center built in 2004 on .71 ac lot in growing Orlando suburbs. Adjacent to Walgreens and across from Walmart and Dollar Tree center. 100% leased to professional, medical and retail tenants. NOI $77K/yr. $1.175M. 6.6% cap. Shopping Center in Daytona Beach, FL: 41,517 SF well maintained shopping center on over 5 ac lot. Adjacent to Volusia Mall & Halifax Hospital Medical Center. NOI and cap not avail. $3.75M.  Just $90/SF. MOB in Conyers, GA: 12,470 SF attractive medical office building in growing and high income (AHI $82K/yr) Atlanta suburbs. Major tenants include: C.H. Martin Co. Orthotics and Georgia Retina, P.C. 81% leased to five tenants. Actual NOI $139K/yr. $1.745M. 8% cap. Pier 1 Imports in Palm Harbor, FL: 8000 SF single tenant retail building on 1 ac lot in upper middle-class Tampa suburbs. Along Hwy-19. 100% absolute NNN lease with 5 yrs left. NOI $152K/yr. $2.183M. 7% cap.  Retail Building in San Jose, CA: 4250 SF retail building in a growing and high income Silicon Valley with an AHI of $98K/yr. Close to I-80 and Hwy-87. Operated as Willow Glen Meat & Smokehouse, a Yelp highly-rated business. NOI $101K/yr. $1.395M. 7.30% cap. MOB in Redding, CA: 10,771 SF Class-B multitenant medical office building adjacent to Mercy Medical Center Redding. NOI $142K/yr. $2.595M. 5.50% cap. Walgreens in Tulsa, OK: 13,500 SF drive-thru drug store on .89 ac lot at a hard corner location. Recently extended NNN lease with 4 yrs left. NOI $228K/yr. $3.147M. 7.25% cap. KFC in Birmingham, AL: 2288 SF franchised fast food restaurant on .45 ac lot at a major retail corridor. With easy access to I-20. 20 yrs absolute NNN lease with 19 yrs left to a strong operator with 25 units. Pro forma NOI $90K/yr with 2% annual rent increases starting 2021. $1.297M. 7% cap. Retail Center in Chattanooga, TN: 16,500 SF attractive retail center in a fast growing area. Adjacent to Home Depot and Lowes. Close to Hamilton Place Mall and I-75. 100% NNN leased. NOI $164K/yr. $1.79M. 9.20% cap.

(c) Transmercial 2016

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.