06-29: JCPenny, Bright Horizons, Hardee's, Church's Chicken, MOB, Professional Buildings, Shopping Centers

Daily Best Commercial Properties

JCPenny in Hiram, GA: 104,828 SF big-box retail building constructed in 2009 on over 8 ac lot in fast growing Atlanta suburbs. Across from Super Target, Sam's Club, Kohl's and Home Depot anchored power centers. 20 yrs absolute NNN corp ground lease (land is for sale) with 13 yrs left. NOI $432K/yr with a 5% rent increase in 2019. $6.646M. 6.50% cap. Retail Center in Plainfield, IL: 27,958 SF attractive retail center in growing and affluent neighborhood with an AHI of $121K/yr in a 1 mile radius. Adjacent to Meijer grocery and near ALDI, Menards and Jewel-Osco. 100% NNN leased to Goodwill and Kiddie Academy. NOI $430K/yr. $6.15M. 7% cap.    Bright Horizons in Phoenixville, PA: 10,178 SF attractive day care center built in 2007 in growing and affluent (AHI of $139K/yr in 1 mile ring) Philadelphia MSA. 10 yrs NNN- lease with 7 yrs left. Corporately guaranteed lease by Bright Horizons Family Solutions, a publicly traded company with over 750 Locations. NOI $211K/yr with 2% annual rent bumps starting in 2018. $2.84M. 7.45% cap.  Hardee's in Mobile, AL: 3825 SF fast food restaurant built in 1993 on 1.85 ac lot along busy corridor. Across from Walmart Neighborhood Market and close to Publix Super Market. 20 yrs absolute NNN lease with 4 yrs left to an experienced operator with 110 units. NOI $79K/yr with annual rent increases. $1.026M. 7.75% cap. Church's Chicken in Houston, TX: 2139 SF franchised single tenant retail building on .44 ac corner lot in growing middle-class area. New 16 yrs absolute NNN lease to an operator with 110 units. NOI $74K/yr with 1.5% annual rent increases. $1.234M. 6% cap. Retail Building in Vacaville, CA: 4560 SF strip center at a high traffic intersection shadow anchored by Lucky Grocery (owned by Save Mart Supermarkets) in upper middle-class in Northern CA with an AHI of $81K/yr. 100% leased to Subway, Papa Murphy's, Habib's Famous Kabobs and The Cash Shop. NOI $121K/yr. $2.204M. 5.50% cap. Shopping Center in Saint Paul, MN: 108,600 SF attractive retail centers on over 7 ac lot in growing middle-class Minneapolis suburbs. Major tenants: Dollar Tree, Boost Mobile and Metro PCS. 82% leased. Actual NOI $709K/yr. Price reduced from $8.25M to $7.95M. 8.92% actual cap. Upside potential when fully leased.  MOB in San Antonio, TX: 34,486 SF Class-A multitenant medical office building constructed in 2006 on 3.20 ac lot. Close to Northeast Baptist Hospital and I-410.. 92% leased to Interventional Pain Management, Oakwell Clinical Research, San Antonio Oral Surgery and Alamo Urology. NOI $571K/yr. $8.4M. 6.80% cap. Professional Building in Thousand Oaks, CA: 20,141 SF Class-B two-story office building on 1.21 ac lot in high income Los Angeles suburbs. Between Whole Foods Market and Ross Dress for Less Centers. Across from Janss Marketplace and close to The Oaks Mall and Hwy-101. 96% leased with a good mix of professional tenants. Actual NOI $316K/yr. $5.1M. 6.20% actual cap. Upside potential.

(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.