05-02: DaVita, Planet Fitness, O'Reilly Auto Parts, Shopping Centers, Retail Centers

Daily Best Commercial Properties

DaVita in Neptune City, NJ: 6900 SF single-tenant dialysis center built in 2001 on .88 ac lot in a high income (AHI $90K/yr in a 3 mile radius) Coastal Town in New York suburbs. Close to Jersey Shore University Medical Center.  New 10 yrs NNN corp lease. NOI $129K/yr with 2% annual rent increases. $2.166M. 6% cap. Planet Fitness in Shawnee, KS: 28,505 SF fitness center on over 2 ac lot in growing and high income Kansas City suburbs with an AHI of $88K/yr. Adjacent to PowerPlay Entertainment Center with bowling, go-karts, rides & an arcade, plus a casual buffet.  Across from Hy-Vee grocery. Newly executed 11 yrs NNN- lease to a strong operator with seven locations. NOI $270K/yr. $3.735M. 7.25% cap. Shopping Center in Atlanta, GA: 75,456 SF shopping center on 10 ac lot anchored by Wayfield Foods and Family Dollar. Frontage on Roosevelt Highway. Close to I-285. 96% leased. Actual NOI $446K/yr. $4.7M. 9.50% actual cap. Upside potential. Retail Center in Palm Springs, FL: 15,050 SF retail center built in 2010 on 1.44 ac lot in a fast growing area. 100% NNN leased. NOI $217K/yr. $3.1M. 7% cap. Retail Center in Rolling Meadow, IL: 26,561 SF well kept retail center along major retail corridor and in a high income area with an AHI of $92K/yr in a 3 mile radius. NNN leased with long term tenants. NOI $433K/yr. $5.975M. 7.25% cap. Shopping Center in McAllen, TX: 40,004 SF shopping center built in 2007 on 4 ac lot in a fast growing area. Visible & with easy access to I-2. Across from Costco. 95% NNN leased Actual NOI $896K/yr. $11.954M. 7.50% actual cap. Upside potential. O'Reilly in Los Banos, CA: 7000 SF attractive auto parts center on .55 ac corner lot along main artery in growing middle-class Merced County. 100% absolute NNN lease with 3 yrs left. NOI $152K/yr. $2.275M. 6.71% cap. Strip Center in Compton, CA: 8500 SF L-shaped well maintained strip center constructed in 1990 on .49 ac corner lot in densely  populated Los Angeles area with over 700,000 residents in a 5 mile ring. Tenants include: Tai Food, Cigar Shop, Pizza, Coin Laundry and CPT Center. 100% NNN leased. NOI $186K/yr. $2.49M. 7.50% 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.