06-02: Dollar Tree, MOB, Mixed-use, Retail Center, Shopping Centers

Daily Best Commercial Properties

Dollar Tree in Detroit, MI: 8970 SF brand new single-tenant retail building on .46 ac corner lot. Close to Kindred Hospital. New 10 yrs NNN- lease. NOI $98K/yr. $1.32M. 7.48% cap. Shopping Center in Atlanta, GA: 46,219 SF shopping center completed in 2002 on 5.33 ac lot anchored by Pubix grocery in a high income (AHI $90K/yr in a 3 mile ring) area. Other national tenants include: UPS, Jackson Hewitt, Marco's Pizza, Metro PCS and Subway. On an off/on ramp of I-85.100% leased. NOI $781K/yr. Price N/A. Retail Center in League City, TX: 10,920 SF retail center built in 1995 on over 1 ac lot in a fast growing and affluent Houston MSA with an AHI of 115K/yr in a 1 mile ring. 100% NNN leased. NOI $233K/yr. $3.336M. 7% cap. Office Buildings in Norwalk, CT: 21,000 SF Class-B consisting of two office buildings on 1.39 ac lot in high income neighborhood with an AHI of $97K/yr. Major tenant: Stamford Health Integrated Practices. 100% leased to multiple tenants. 8% cap. NOI & price N/A. MOB in Mesquite, TX: 13,600 SF two-story multitenant medical office building completed in 2005 on .75 ac lot in growing middle-class Dallas suburbs. Adjacent to Town East Mall and I-635. 70% leased to high quality tenants. Actual NOI $161K/yr. $2.6M. 6.21% actual cap. Upside potential. Retail Center in Stow, OH: 26,173 SF consisting of eleven retail condo units on 5.68 ac corner lot in upper middle-class Akron MSA. Major tenants: PNC Bank, Fringe Salon and Phoenix Express. 93% NNN leased. Actual NOI $265K/yr. $3.2M. 8.29% cap. Retail Center in New Lenox, IL: 33,136 SF attractive shopping center in a growing and high income area with an AHI of $106K/yr in a 3 mile ring. Strong mix of national and regional tenants: Anytime Fitness, Dunkin' Donuts/Baskin' Robbins, ATI Physical Therapy, State Farm Insurance, First Bank of Manhattan among others. 95% NNN leased. NOI $548K/yr. Price reduced from $6.98M to $6.75M. 8% cap. Mixed-use in Vista, CA: 13,184 SF attractive two-story retail/office building on over 1 ac lot in growing San Diego metro. 94% leased. Actual NOI $98K/yr. $1.978M. 5% 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.