07-07: China Star Buffet Restaurant, Office Buildings, Medical Buildings, Shopping Centers

Daily Best Commercial Properties

China Star in North Las Vegas, NV: 6300 SF attractive buffet restaurant built in 2007on 1.30 ac lot at a signalized corner location in densely populated & growing middle-class area. Along main retail corridor and across from Home Depot, Walgreens center. Tenant has been at this location since 2007. 100% absolute NNN lease with over 10 yrs left and no landlord responsibilities. NOI $166K/yr. Price reduced from $2.05M to $1.99M. 8.36% cap. Retail Center in Fort Worth, TX: 18,900 SF eye-catching retail center completed in 2006 on 1.73 ac corner lot. Good demographics: 1,270% pop growth since 2000 & affluent neighborhood with an AHI of 109K/yr in a 1 mile ring. 100% leased. NOI $198K/yr. $2.841M. 7% cap. Retail Center in Jacksonville, FL: 9000 SF retail center built in 2003 on over 1 ac lot. Adjacent to Publix Supermarket shopping center. Close to 304-bed Mayo Clinic Hospital. On an off/on ramp of Hwy-202. NNN leased. $999K. NOI N/A. Office Building in Ridgewood, NJ: 12,964 SF Class-B multitenant office building on .29 ac corner lot in affluent (AHI of $177K/yr in a 1 mile ring) New York metro. Leased to retail and professional practices. NOI $227K/yr. $2.8M. 8.14% cap. Retail Center in Maricopa, AZ: 13,572 SF retail center built in 2006 on 1.38 ac lot in growing Phoenix suburbs. Main tenants include: Penascos Mexican Restaurant, Domino's Pizza, Healthy Smiles Dental Group and ACTS medical Office. 100% NNN leased. NOI $262K/yr. $4.037M. 6.50% cap. Retail Center in Florence, OH: 24,911 SF retail center constructed in 2006 on 1.60 ac lot in growing middle-class Cincinnati suburbs. Shadow anchored by 203,091 SF Walmart Supercenter. Major tenants include: Jersey Mike's, Liberty Tax, Sally Beauty and Fantastic Sams. 100% NNN leased. NOI $432K/yr. $6.18M. 7% cap. Strip Center in Ogden, UT: 12,470 SF attractive strip center on over 1 ac lot along busy retail corridor in Salt Lake City suburbs. 86% NNN leased. Actual NOI $120K/yr. $1.56M. 7.71% actual cap. Upside potential when fully leased. MOB in Alabaster, AL: 9760 SF Class-B medical office building on .73 ac lot in Birmingham MSA. Across from Shelby Baptist Medical Center. 100% leased to multiple medical practices. NOI $85K/yr. $1.217M. 7% cap. Strip Center in San Diego, CA: 9840 SF well maintained strip center along busy corridor. With easy access to I-5. 83% leased to six tenants. Actual NOI $120K/yr. $1.9M. 6.4% actual cap. Upside potential when fully leased.

(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.