- Walgreens in St
Louis, MO: 13,035
SF Walgreens on .67 ac lot at a signalized corner location. Tenant has
been at this location since 1986. 100% NNN- corp lease with over 5 yrs
left. $2.355M. 6.50% cap. Location with
estimated $15M (avg is $8M) in sales revenue/year.
- Inline Center
in Spring, TX: 42,232 SF consisting of two inline retail centers
renovated in 2009 on 4.71 ac corner lot in growing Houston suburbs.
Shadow anchored by Kroger grocery. 94% leased. Actual NOI
$444K/yr. $5.925M. 7.50% actual cap.
- The Learning
Experience in Aurora, IL: 10,000 SF day care facility completed in 2015 on 1.36
ac lot in a high income area. 15 yrs NNN- lease. NOI $240K/yr with 8%
rent increases every 5 yrs. $3.1M. 7.75% cap.
- Jimmy John's in
Leawood, KS: 2420
SF franchised sandwich restaurant on .38 ac lot along main corridor in a
high income area. Close to St. Joseph Medical Center and I-435. 15 yrs
absolute NNN lease with 12 yrs left to a franchisee with 20 units.
NOI $83K/yr with 10% rent bumps every 5 yrs. $1.391M. 6% cap.
- Retail Center
in Brookfield, WI: 10,977 SF well maintained retail center on over 1 ac
lot in upper middle-class Milwaukee suburbs. 100% leased to Fugo Salon,
Cosmo Prof, House of Beauty, H.I.I.T. Fitness, Hair Portfolio and AA
Best Choice. NOI $104K/yr. $1.248M. 8.40% cap.
- Retail Center
in Clermont, FL: 10,000 SF attractive retail center built in 2005 on
1.63 ac lot along busy corridor with 30,000 CPD in Orlando MSA. 100% NNN
leased to seven tenants. NOI $103K/yr. $1.35M. 7.66% cap.
- Shopping Center
in Allen, TX: 24,389
SF shopping center constructed in 1999 on 2.24 ac lot in growing and
affluent Dallas metro with an AHI of $149K/yr in a 1 mile ring. Tenants
include: Foundation Health Chiropractic, Best in Class Education Center,
Absolute Dental, Crossfit 380 South, Legacy Wak and Coconut Express
among other. 90% leased. NOI $359K/yr. $5.13M. 7% actual cap. Upside
potential when fully leased.
- Zaxby's in
Knightdale, NC: 3564 SF fast casual restaurant built in 2003
outparcel to Lowes grocery center in growing Raleigh suburbs. Across
from Home Depot and Target center. Recently exercised 1st absolute NNN
option lease with 3 yrs left. NOI$161K/yr. $1.995M. 8.12% cap.
- Ambulatory
Surgery Center in Southgate, MI: 9811 SF Class-B single-tenant medical office building
on 1.20 ac corner lot. Tenant has been at this location since 1983.
Recently executed NNN lease with over 13 yrs left. NOI $285K/yr.
$3.615M. 7.90% cap.
- Dollar Tree in
Redford, MI: 13,428
SF newly constructed retail building on .20 ac lot along busy artery in
a middle-class area. 10 yrs NNN- corp lease. NOI $114K/yr. $1.64M. 7%
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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