03-15: Burger King, Just Brakes, MOB, Shopping Center, Retail Centers, Strip Centers

Daily Best Commercial Properties

Burger King in Royal Oak, MI: 2030 SF well maintained fast food restaurant on .94 ac lot along busy artery. 20 yrs absolute NNN lease to a strong operator with 22 units. NOI $105K/yr with 10% rent bumps every 5 yrs. $1.68M. 6.25% cap. Retail Center in Mansfield, TX: 7,894 SF strip enter constructed in 1999 on .82 ac outparcel to Walmart  in affluent (AHI $100K/yr) Dallas/Ft Worth metro. With easy access to Hwy-287. 100% NNN leased. NOI $152K/yr. $2.05M. 7.45% cap. Retail Center in Des Moines, IA: 12,000 SF attractive retail center on 1.48 ac outparcel to Home Depot, Office Max, Best Buy & PetSmart power center. Across from Walmart Supercenter. 100% NNN leased to Jimmy John's, Aspen Dental & Verizon. NOI $246K/yr. $3.405M. 7.25% cap. Strip Center in Phoenix, AZ: 9872 SF strip center on over 1 ac lot with affluent (AHI of $100K/yr in 1 mile radius) neighborhood.  100% NNN leased.  NOI $208K/yr. $2.785M. 7.50% cap. Neighborhood Center in Wichita, KS: 120,342 SF well maintained shopping center along main retail artery. Adjacent to Walmart Neighborhood Market. Major tenants include: Planet Fitness, Payless, Mattress Firm, Cricket and Sprint. 94% leased. NOI $1.271M/yr. $14M. 9.08% cap. Retail Building in Bakersfield, CA: brand new 15,000 SF retail building on nearly 1 ac lot at a main retail artery.  Near Valley Plaza Mall. On an off/on ramp of Hwy-99. 100% NNN leased to Lumber Liquidators and Hustler Hollywood. NOI $221K/yr. $3.171M. 7% cap. MOB in Columbus, OH: 8200 SF Class-B single-tenant medical office building on .52 ac lot. Close to Mt Carmel St. Ann's Hospital and I-270. Tenant has been at this location since 1994. 100% NNN lease with 5 yrs left to Nova Care, a national healthcare provider with over 1,000 locations. NOI $114K/yr. $1.52M. 7.50% cap. Just Brakes in Waco, TX: 3454 SF 6-bay auto center on .37 ac lot in a fast growing area. Along major artery.100% absolute NNN lease. NOI $69K/yr with 10% rent increases every 5 yrs. $1.066M. 6.50% cap. MOB in Geneva, IL: 21,900 SF Class-A medical office building completed in 2008 on 1.40 ac lot in a growing and high income area with an AHI of $112K/yr. Close to Delnor Community Hospital and Geneva Commons an upscale lifestyle power center with several anchor tenants. 80% leased to multiple medical tenants. NOI $270K/yr. Price reduced from $3.6M to $2.9M. 8% cap. Office Building in Keyport, NJ: 20,000 SF Class-B consisting of two multitenant office buildings constructed in 1990 on 1.45 ac lot in high income New York suburbs. NNN leased to medical and professional tenants. NOI $198K/yr. $2.65M. 7.50% 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.