04-22: MOB, The Learning Experience, Casa Ole, Shopping Centers, Retail Centers

Daily Best Commercial Properties

MOB in Flossmoor, IL: 15,100 SF multitenant medical office building constructed in 2010 on 1.79 ac lot along busy corridor in a high income (AHI $106K/yr) Chicago suburbs. 98% NNN leased to five medical tenants and one injury law firm. NOI $322K/yr. $4.426M. 7.28% cap. Retail Center in Mesa, AZ:11,257 SF eight-units retail center built in 2005 on 1.76 ac lot at a hard corner location in growing middle-class Phoenix suburbs. 91% leased with only one vacancy. NOI $188K/yr. $2.6M. 7.15% cap. Shopping Center in Henderson, NV: 75,740 SF shopping center completed in 1994 on over 8 ac lot anchored by 24 Hour Fitness at a hard corner location in a high income area in Las Vegas metro. Close to I-215. 89% leased. 7% leased. NOI/Price N/A. Shopping Center in Pearland, TX: 42,517 SF shopping center built in 2007 on 3.77 ac lot along major retail corridor in growing (173% pop growth) and affluent (AHI $129K/yr) Houston MSA. 100% NNN leased. NOI $525K/yr. $7.5M. 7% cap. The Learning Experience in Jacksonville, FL: 10,000 SF day care facility built in 2014 on 1.27 ac lot in a high income area with an AHI of $107K/yr. 100% NNN lease with 17 yrs left to a strong national tenant. NOI $250K/yr with rent increases. $$3.572M. 7% cap. The Learning Experience in Huntersville, NC: 10,995 SF child development center on 1.32 ac lot in affluent Charlotte suburbs with an AHI of $127K/yr. Brand new 17 yrs NNN lease to a national tenant with over 200 locations. NOI $219K/yr with annual rent increases. $3.142M. 7% cap. Casa Ole in Conroe, TX: 6200 SF Tex-Mex restaurant on 1 ac outparcel to Walmart Supercenter, Sam's Club and Lowe's in Houston MSA. With easy access to I-45. 18 yrs NNN corp lease with 5 yrs left. NOI $91K/yr with 1.5% annual rent increases. $1.222M. 7.50% cap. Shopping Center in Centerville, OH: 97,617 SF well maintained shopping center renovated in 2007 on 7.64 ac lot in a high income area with an AHI of $85K/yr in a 3 mile radius in Dayton metro. 98% leased with excellent tenant mix including Crossfit Fitness,  Club 52 Fitness, Dollar General and Auto Zone. Actual NOI $503K/yr. $5.6M. 9% actual 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.