06-30: Famous Dave's, Havoline Xpress Lube, MOB, Shopping Centers, Retail Centers

Daily Best Commercial Properties

Shopping Center in Phoenix, AZ: 104,204 SF shopping center renovated in 2009 on over 4 ac lot anchored by 75,488 SF Los Altos Ranch Market. Next to Costco and with easy access to Hwy-60. 100% NNN leased to seven tenants. NOI $1.095M/yr. $15.65M. 7% cap. Note: flyer not available, full brochure upon request. Shopping Center in Lafayette, IN: 97,904 SF in-line shopping center on over 19 ac lot along main retail corridor. Shadow anchored by Home Depot. Major tenants include: Jo-Ann Fabrics, Tuesday Morning, Party City, JP Morgan Chase Bank and Pet Supplies Plus. 84% NNN leased. actual NOI $642K/yr. $7.9M. 8.14% cap. Famous Dave's in Addison, IL: 5000 SF attractive restaurant built in 2000 on 1.13 ac outparcel to Marcus Addison Cinema in growing & high income (AHI $89K/yr) area. Close to I-355. This is a Sale-Leaseback investment. New 20 yrs absolute NNN lease to an experienced franchisee. NOI $150K/yr with 1.5% annual rent increases. $2.4M. 6.25% cap. Mr. Tire in Oaklyn, NJ: 2625 SF auto service center on .42 ac corner lot in densely populated Philadelphia suburbs. Recent 10 yrs NNN lease extension. NOI $85K/yr. $1.215M. 7% cap. Retail Center in Nampa, IN: 16,501 SF attractive retail center constructed in 2006 on 1.80 ac lot in Boise MSA. 95% leased with good tenant mix including Anytime Fitness. NOI $175K/yr. $2.8M. 6.25% cap. MOB in Denton, TX: 19,864 SF Class-A multitenant medical office building on 1.38 ac lot in a fast growing area. Close to Texas Health Presbyterian Hospital and I-35. 100% leased. NOI $285K/yr. $4.074M. 7% cap. Shopping Center in Shrewsbury, MO: 45,062 SF newly constructed shopping center on 6.25 ac lot in St. Louis suburbs. Adjacent to new Walmart Supercenter. 100% NNNN leased to Here Today (regional tenant with 6 stores), Planet Fitness, LifeXist, Supercuts and Massage Luxe. NOI $649K/yr. $8.954M. 7.25% cap. MOB in Savanna, GA: 3870 SF Class-A single tenant surgery center with Certificate Of Need. Close to Candle Hospital.  100% NNN lease with 5 yrs left. Pro forma NOI $87K/yr. $1.25M. 7% cap. Retail Center in Albuquerque, NM: 20,544 SF well kept retail center on 1.76 ac lot. Recent improvements include: facade, signage, 7 new HVAC units in 2015 and updated gas lines. 100% leased. NOI $144K/yr. $1.694M. 8.50% cap. Havoline Xpress Lube in Tampa, FL: 2250 SF three-bay auto center on .26 ac lot at a signalized corner location. 100% NN lease with 6 yrs left to a strong operator. NOI $81K/yr with a 10% rent increase in 2017. $1.295M. 6.31% 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.