04-06: Walgreens, Oil Changers, Mountain View Surgery Center, Advance Auto Parts, MOB, Retail Centers

Daily Best Commercial Properties

Walgreens in St. Louis, MO: 13,035 SF drug store at a signalized corner location. Tenant has been at this location since 1986. Recently extended NNN lease with over 5 yrs left. NOI $153K/yr. $2.355M. 7% cap. Neighborhood Center in Evansville, IN: 192,377 SF well maintained shopping center completed in 1996 on over 14 acres of land. Major tenant include: 80,027 SF Burlington Coat Factory, 23, 084 SF Sky Zone, an indoor trampoline park and Tuesday Morning. 92% leased. Actual NOI $875K/yr. Price N/A. Shopping Center in Redding, CA: 37,046 SF consisting of four attractive retail buildings completed in 1999 on 3.50 ac lot at a signalized intersection. Across from Mt. Shasta Mall and with easy access to I-5. 96% NNN leased with excellent tenant mix including: Verizon, Aarons Brothers, Men's Warehouse, Jamba Juice, Cold Stone and GameStop. Actual NOI $884K/yr. $13.6M. 6.50% actual cap. Upside potential. Oil Changers in Berkeley, CA: 2097 SF auto center on .22 ac corner lot in densely populated Alameda County with an AHI of $89K/yr. Tenant has been at this location since 1986. 100% absolute NNN lease with 7 yrs left. NOI $88K/yr with CPI rent bumps every 3 yrs. $1.476M. 6% cap. Mountain View Surgery Center in Phoenix, AZ: 13,835 SF Class-B single-tenant medical office building. Close to Metrocenter, an enclosed Mall with over 100 stores and I-17.  100% NNN leased with 4 yrs left. NOI $303K/yr. $3.5M. 8.67% cap. Shopping Center in Dothan, AL: 79,400 SF shopping center anchored by Surplus Warehouse along major artery. Close to Wiregrass Commons Mall. 97% leased. Actual NOI $352K/yr. $3.675M. 9.60% actual cap. Only $46/SF. Upside potential. Retail Center in Lutz, FL: 10,000 SF retail center built in 1997 on over 1 ac lot in growing an upper middle-class Tampa metro. 100% NNN leased. NOI $145K/yr. $1.695M. 8.60% cap. Retail Center in Acworth, GA: 12,293 SF well maintained retail center on .80 ac lot in growing middle-class Atlanta MSA. 100% leased with long-term tenants. $1.2M. NOI N/A. Retail Center in Nederland, TX: 22,456 SF retail center on 1.89 ac lot in a growing Beaumont metro. Across from Central Mall and near Hwy-96. 80% NNN leased. Actual NOI $328K/yr. $2.7M. 10.94% cap. Advance Auto Parts in Houston, TX: 13,650 SF single tenant retail building on 1.87 ac corner lot. 15 yrs absolute NNN corp lease with 7 yrs left. NOI $183K/yr with a 20% rent increase in yr 11. $2.823M. 6.50% 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.