01-20: Shopping Centers, Retail Centers, Strip Centers

Daily Best Commercial Properties

Shopping Center in Atlanta, GA: 190,167 SF shopping center renovated in 2014 on 20.56 ac of land anchored by 85,537 SF Burlington Coat Factory. Along Bufford Highway and close to I-285. 100% leased. NOI $1.622M/yr. Price reduced from $20.275M to $19.085M. 8.5% cap. Buyer to assume $11.8M loan at 4.66% interest due in 2025. Retail Center in Huntsville, AL: 16,109 SF well kept retail center on over 1 ac lot along major retail corridor and in a fast growing area. Shadow anchored by Ashley Furniture. 100% NNN leased to national & regional tenants. NOI $234K/yr. $3.275M. 7.17% cap Shopping Center in Marlborough, MA: 48,054 SF shopping center on 3.53 ac lot in high income (AHI $102K/yr) Boston MSA. Along main retail artery and close to Target. 96% leased. NOI $442K/yr. $5.25M. 8.42% cap. Retail Center in Odessa, TX: 17,126 SF well maintained retail center constructed in 1980 in a fast growing area. 100% leased to Sun Loans, Monarch Dental, Capital Loans and Verizon Wireless. NOI $140K/yr. $1.75M. 8% cap. Shopping Center in Pontiac, MI: 95,140 SF shopping center at a hard corner location anchored by Rite Aid. 95% leased to national, regional and local tenants. NOI $910K/yr. $9.5M. 9.58% cap. Retail Center in Chicago, IL: 8302 SF attractive retail center on .59 ac lot. Shadow anchored by Walgreens. 100% leased with good tenant mix including Subway & Dunkin' Donuts. NOI $201K/yr. $2.3M. 8.76% cap. Retail Center in Albuquerque, NM: 13,863 SF L-shaped retail center on over 1 a lot in a fast growing middle-class area. With easy access to I-25. 88% leased with only one vacancy. NOI Actual NOI $88K/yr. $1.1M. 8% cap. Upside potential. Strip Center in Bossier City, LA: 11,827 SF attractive strip center at a signalized intersection. Adjacent to Lowe's and Walmart Supercenter. 100% leased with national and regional tenants. NOI $268K/yr. $3.83M. 7% cap. Retail Center in Apex, NC: 17,547 SF retail center on 1.80 ac lot in growing (101% pop growth since 2000) and high income (AHI $112K/yr in a 3 mile ring) Raleigh suburbs. 100% leased to five tenants. NOI $244K/yr. $3.6M. 6.80% 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.