04-25: Walgreens, MOB, The Inn At Saratoga, Office Building, MOB

Daily Best Commercial Properties

Walgreens & Saturn Cafe in Santa Cruz, CA: 14,155 SF Walgreens and 3285 SF Coffee Shop constructed in 2012 on 1.23 ac lot at a signalized intersection in a high income area. Just minutes from Santa Cruz Wharf. 100% NNN leased. NOI $655K/yr. $13.1M. 5% cap. Office Building in Covina, CA: 10,100 SF well maintained multitenant office building on .48 ac lot in densely populated and upper middle class Los Angeles suburbs. Adjacent to Home Depot and close to Kindred Hospital. 100% leased. NOI $105K/yr. $1.63M. 6.50% cap. MOB in Summerville, SC: 7152 SF Class-B medical office building on over 1 ac lot in fast growing Charleston metro. Close to Summerville Medical Center. 100% NNN leased to multiple tenants. NOI $152K/yr. $$1.45M. 10.50% cap. Strip Center in Casselberry, FL: 7305 SF well maintained strip center on .60 ac lot in Orlando suburbs. Across from Publix center and Home Depot. Along Hwy-17. 100% leased. NOI $81K/yr. $1.05M. 7.77% cap. Retail Center in Austin, TX: 13,286 SF retail center on nearly 1 ac lot in a fast growing area. Visible and with easy access to IH-35. 100% NNN leased. 8.01% cap. NOI/Price N/A. Retail Center in Montebello, CA: 26,303 SF attractive retail center on 1.53 ac lot at a hard corner location in Los Angeles area. With one big monument sign. Tenant include: Coin Laundry, Market, 99 Cents Store, Sushi Restaurant and Beauty Salon among others. 78% NNN leased. Pro forma NOI $378K/yr. $6M. 6.30% pro forma cap. Office Building in Rancho Cucamonga, CA: 77,488 SF Class-A multitenant office building on 2.64 ac lot at a major corner location. Across from Terra Vista Town Center with Big 5 Sporting Goods, Hobby Lobby, Target, Ross Dress for Less and Home Goods.  91% leased to multiple professional tenants such as: Century 21 Realty, ReMax Commercial and County of San Bernardino. Actual NOI $1.042M/yr. $14.378M. 7.25% cap. MOB in Colorado Springs, CO: 18,222 SF attractive multitenant medical office building completed in 1998 on 2.31 ac lot in a high income area. 73% leased to successful long-term tenants. Actual NOI $159K/yr. $2.625M. 6.08% actual cap. Upside potential. The Inn At Saratoga in Saratoga, CA: 47-room well maintained highly-rated on Yelp Hotel in affluent Silicon Valley with an AHI of $202K/yr in a 1 mile ring. 8.50% cap. NOI/Cap N/A.

(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.