12-17: Petsense, Burger King, Walgreens, KinderCare, MOB, Retail Centers

Daily Best Commercial Properties

Retail Center in Redford Charter Twp, MI: 24,400 SF retail center built in 1995 on over 2 ac lot at a signalized corner location. 100% NNN leased to national & regional tenants including Dollar General. NOI $176K/yr. $1.595M. 11.07% cap. Shopping Center in Centerville, OH: 99,617 SF recently remodeled shopping center on early 8 ac lot in growing & upper middle-class (AHI $81K/yr) Dayton suburbs. 100% NNN leased. NOI $494K/yr. $6.5M. 7.60% cap. Retail Center in West Palm Beach, FL: 20,700 SF well maintained retail center on 1.72 ac lot along major artery. 100% leased. NOI $251K/yr. $3.215M. 7.84% cap. Retail Center in Woodland Park, NJ: 11,556 SF attractive retail center on .90 ac lot in affluent New York suburbs with an AHI of $105K/yr in a 1 mile ring. 92% leased with long-term tenants. NOI $186K/yr. $2.615M. 7.13% cap. Petsense in North Richland Hills, TX: 8558 SF renovated retail building on nearly 1 ac lot in fast growing Ft Worth/Dallas suburbs. Adjacent to major shopping center and with easy access to I-820. 10 yrs NNN- corp lease with 9 yrs left. NOI $119K/yr with an 8% rent bump in yr 6. $1.775M. 6.75% cap. Burger King in Fayetteville, GA: 2,848 SF fast food restaurant on .91  ac lot along main retail corridor in growing upper middle-class Atlanta suburbs. With access from two roads. 100% absolute NNN lease with 6 yrs left. NOI $117K/yr with 6% rent increases every 3 yrs. $1.746M. 6.75% cap. Walgreens in McDonough, GA: 15,120 SF built-to-suit drug store constructed in 2001 on nearly 2 ac lot at a hard corner location in Atlanta MSA. 20 yrs NNN- corp lease with 6 yrs left. NOI $347K/yr. $4.636M. 7.50% cap. MOB in Bremerton, WA: 34,500 SF Class-B three-story medical office building on 1.90 ac lot in Seattle suburbs. Adjacent to Harrison Medical Center. 100% NNN leased to Peninsula Community Health Center, Harrison Hospital and The Doctors Clinic. NOI $580K/yr. $5.8M. 10% cap. Retail Center in Amarillo, TX: 20,884 retail center built in 2001 on 1.69 ac lot in a growing upper middle neighborhood with an AHI of $89K/yr.  Close to I-27. Tenants include: Pizza Planet, State Farm Ins, Fish Pros, Gowdy Carpet and Optimal Physical Therapy. 100% NNN leased. NOI $176K/yr. $2.35M. 7.50% cap. KinderCare in West Windsor, NJ: 10,563 SF well maintained day care facility completed in 1997 on over 3 ac lot in prosperous Philadelphia metro with an AHI of $215K/yr. 100% absolute NNN corp lease with 4 yrs left. NOI $275K/yr. $3.934M. 7% 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.