03-29: Retail center, Power center, CVS, Rite Aid, Motel

Daily Best Commercial Properties

Shopping Center in Indianapolis, IN:  74,852 SF shopping center built in 1993 on 7.6 ac parcel.  Near Costco, Walmart, Lowe's, Sam's Club, JC Penney, Kroger, Trader Joe's, Fresh Thyme, GFS, and Aldi.  100% leased to 3 tenants: Big Lots, The Roomplace Furniture (regional), and Easyhome Lease to Own.  NOI $580K/yr. $7.036M. 8.25% cap. Retail Plaza in Louisville, KY: 10,400 SF retail center built in 2002 on over1 ac lot. Adjacent to  86,000 square foot Kohl’s and shadow anchored 204,000 square foot Walmart Supercenter.  100% leased to 4 good tenants: Cato Fashion, Edward D. Jones,  Sally Beauty and Game Force.  NOI $143K/yr. $1.907M. 7.5% cap. Power Center in Brownsville, TX: 173,667 SF recently renovated power center next to I-69E in fast growing city.  96% leased to 26 tenants including: Fallas, Big Lots, Harbor Freight, Guitar Center, Family Dollar and the University of Texas.  NOI $1.224M. $16.323M. 7.5% cap. CVS in Charlotte, NC: 10,500 SF drugstore built in 1997 on .94 ac parcel at a major intersection in middle class area.  100% NNN- with just over 1 yrs left.  NOI $170K/yr. with rare $.73/SF every 5 yrs option.  $2.357M. 7.25% cap. Motel in Indianapolis, IN: 93-room independent motel (former Best Western) built in 1985 on 1.92 ac lot with easy access to I-465.  NOI $422K/yr. $3.25M. 13% cap. Rite Aid in Greenville, SC: 9504 SF Rite Aid on 3.5 ac lot.  100 absolute NNN lease with 4 yrs left.  No landlord responsibilities. NOI $188K/yr. $1.978M. 9.5% 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.