- Shopping
Center in Oak Park, IL: 36,170 SF shopping center on 1.88 ac lot in affluent
(AHI $93K/yr in 1 mile) Chicago suburbs. Close to Shriners Hospital for
Children and Brickyard Mall. 87% NNN leased. NOI $479K/yr. $6M. 8%
cap.
- Shopping
Center in Plainfield, IL: 55,073 SF attractive shopping center on 6.62 ac lot
along busy retail corridor in affluent neighborhood. Adjacent to Walmart
Supercenter. 93% leased with good tenant mix. Actual NOI $656K/yr.
$8.12M. 8.09% actual cap. Upside potential when fully leased.
- Strip
Center in Burnsville, MN: 8852 SF strip center in upper middle-class (AHI
$84K/yr in a 3-mile ring) Minneapolis suburbs. Along busy corridor and
close to I-35W. 100% leased with good tenant mix. $1.575M. NOI/Cap
N/A.
- Shopping
Center in Durham, NC: 36,758 SF well maintained shopping center on 4.42 ac
lot in a growing and upper middle-class area. Across from Walgreens and
Big Lots center. Along Hwy-55. 100% leased to 11 tenants. NOI $443K/yr.
$4.895M. 9.06% cap
- Retail
Center in Peachtree City, GA: 18,472 SF retail center built in 2000 on over 2 ac
lot in growing and affluent Atlanta metro with an AHI of $111K/yr in a 1
mile ring. Major tenants include: Waffle House, Goodwill and Dominos.
All units face Hwy-54. 90% NNN leased. NOI $321K/yr. $4.25M. 7.57% cap.
- Shopping
Center in Indio, CA: 30,619 SF well kept shopping center at a hard corner
location in growing Riverside county. 4-points of ingress/egress along
Hwy-111. Shadow anchored by established Stater Bros grocery. 88% leased
to national and regional tenants. Actual NOI $645K/yr. $10.765M. 6% cap.
- Shopping
Center in Strongsville, OH: 40,545 SF shopping center on 4+ ac lot at a
signalized corner location in high income (AHI $100K/yr) Cleveland
suburbs. Anchored by Rego's Neighborhood Market. 88% NNN leased. Actual
NOI $357K/yr. $4.07M. 8.78% cap. Upside potential when fully leased.
- Retail
Center in Millbrook, AL: 32,540 SF attractive retail center on 4.50 ac
outparcel to Walmart Supercenter in Montgomery metro. Major tenants
include: Dollar Tree, AT&T and Young American Insurance. 86% leased.
NOI $369K/yr. $4.612M. 8% cap.
- Walgreens
in Plantation, FL: 13,905
SF drug store completed in 2000 on nearly 2 ac lot at a signalized
intersection in Miami suburbs. 100% NNN leased with 3 yrs left. NOI
$316K/yr. $4.427M. 7.15% cap.
- Shopping
Center in Venice, FL: 33,263 SF shopping center on 2.7 ac lot in a growing
middle-class Tampa suburbs. Along US Hwy-41. 97% leased. Actual NOI
$330K/yr. $4.4M. 7.50% 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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