05-09: In-shape City, Retail Centers, Shopping Centers, Neighborhood Centers

Daily Best Commercial Properties

Retail Building in San Jose, CA: 23,758 SF well maintained free-standing retail building on nearly 2 ac lot in growing Silicon Valley. Adjacent to Fwy-101. 100% NNN- leased to DaVita Dialysis Center and Sports Giant. NOI $401K/yr. $8.037M. 5% cap. Shopping Center in Farmington, MI: 41,780 SF mature shopping center on 3.14 ac lot in a high income area with an AHI of $86K/yr in a 1 mile ring. 92% leased to long-term tenants including O'Reilly Auto Parts. Actual NOI $439K/yr. $5.895M. 7.46% actual cap. Upside potential. Neighborhood Center in Saint Paul, MN: 108,600 SF consisting of three attractive retail centers on over 7 ac lot in growing middle-class Minneapolis suburbs. Major tenants: Dollar Tree, Boost Mobile and Metro PCS. 81% leased. Actual NOI $695K/yr. $8.25M. 8.43% actual cap. Upside potential when fully leased. Shopping Center in Antioch, CA: 60,784 SF shopping center on nearly 4 ac lot anchored by Grocery Outlet in Contra Costa County in Northern CA. NNN leased with good tenant mix including Starbucks Coffee, Boost Mobile and Contra Costa Federal Credit Union. Close to Hwy-4. Actual NOI $623K/yr. Price reduced from $10.3M to $9.9M. 6.30% actual cap. Upside potential. Retail Center in Las Vegas, NV: 21,009 SF well maintained retail center on 1.65 ac lot along major artery. 90% leased with good tenant mix. Actual NOI $244K/yr. $3.2M. 7.65% cap. Retail Building in Yuba City, CA: 3000 SF attractive retail center built in 2006 on .61 ac lot a signalize corner location in growing and upper middle-class Sacramento MSA. 100% leased to Starbucks and York's Yummies, a sandwich & soup tenant. NOI $107K/yr. $2.146M. 5% cap. In-Shape City in Turlock, CA: 21,700 SF recently remodeled fitness center  on 2.62 ac lot in a fast growing middle-class area.  20 yrs NNN corp lease with 5 yrs left. NOI $216K/yr. $3.2M. 6.76% 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.