Monday, March 28, 2016

03-14: Vantage Oncology, Wallgate Sports Club, MOB, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Shopping Center in Fort Worth, TX: 23,004 SF retail center in a fast growing and upper middle-class area. With easy access to I-820. 100% NNN leased with mostly medical tenants in addition to a gas station. NOI $422K/yr. $5.85M. 7.21% cap.
  2. Vantage Oncology in Los Angeles, CA: 9525 SF single-tenant cancer care center on .61 ac lot along major artery in densely populated (626,000 residents in a 5 mile ring) and upper middle-class (AHI $83K/yr) area. 10 yrs NNN corp lease with 5 yrs left to a strong credit tenant with 50 cancer treatment centers. NOI $212K/yr with annual CPI rent increases. $4.1M. 5.18% cap.
  3. Shopping Center in San Antonio, TX: 26,485 SF consisting of three separate buildings on 2.71 ac lot at a signalized corner location. 79% leased. Actual NOI $181K/yr. $2.137M. 8.50% actual cap. Upside potential when fully leased.
  4. Office Building in Fresno, CA: 22,753 SF Class-B multitenant office building on 1.80 ac lot along main retail corridor. Close to Fashion Fair Mall and Hwy-41. 100% leased. NOI $159K/yr. $2.13M. 7.50% cap.
  5. Strip Center in Norcross, GA: 9600 SF attractive strip center in fast growing Atlanta metro. 100% NNN leased to seven tenants. NOI $90K/yr. $1M. 9.04% cap.
  6. Office Building in Murrieta, CA: 9852 SF Class-B multitenant office building completed in 2001 on .73 ac lot high income Riverside County with an AHI of $90K/yr in a 3 mile radius. With easy access to I-15. 100% NNN leased to medical and professional tenants. NOI $134K/yr. $2.69M. 5% cap.
  7. Wellgate Sports Club in Redding, CA: 23,000 SF single-tenant elite fitness center on over 2 ac lot. 100% NNN lease to an experienced operator with 9 yrs left. NOI $203K/yr with annual rent increases. $2.75M. 7.40% cap.
  8. Neighborhood Center in Fayetteville, GA: 72,277 SF attractive shopping center on 8.58 ac lot anchored by Harbor Freight Tools and Goodwill in Atlanta MSA. 84% leased. Actual NOI $627K/yr. $6.85M. 9.16% actual cap. Upside potential.
  9. Retail Center in Suwanee, GA: 17,366 SF high-quality construction retail center completed in 2009 on 1.70 ac lot in affluent Atlanta suburbs with an AHI of $112K/yr in a 3 mile ring. Major tenant: Emory Healthcare. 100% leased. NOI $304K/yr. $4.14M. 7.30% cap.
  10. MOB in Centennial, CO: 50,287 SF Class-B medical office building constructed in 1996 on over 5 ac lot in affluent (AHI $117K/yr) Denver metro. 76% leased with mostly medical tenants. NOI $399K/yr. $6.45M. 6.20% 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.
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