07-13: Office Buildings, Arby's Fast Food Restaurants, Auto Centers, Shopping Centers

Daily Best Commercial Properties

Strip Center in Lansing, IL: 8308 SF retail center built in 2007 on .91 ac outparcel to a brand new 24-hour Walmart Supercenter South of Chicago. Close to I-94. 100% NNN leased to AT&T, Wing Stop, Checkers and CD One Price Cleaners. NOI $161K/yr. Price reduced from $2.487M to $2.395M. 6.75% cap. Retail Building in Charlotte, NC: 6800 SF strip center on .80 ac outparcel to Target at a visible hard corner location. Close to Carolinas Medical Center. Tenants include: Payless ShoeSource, Liberty Tax, Pizza Hut and Appalachia Cookie Company. 100% NNN leased. NOI $131K/yr. $1.75M. 7.54% cap. Office Building in Colorado Springs, CO: 10,705 SF Class-B multitenant office building on 1.26 ac lot along major corridor in a fast growing area. 100% leased to multiple tenants. NOI $120K/yr. $1.35M. 8.93% cap. Shopping Center in Rialto, CA: 25,353 SF attractive retail center on 1.78 ac lot with excellent visibility in growing San Bernardino County. Anchored by Family Dollar. 100% NNN leased. NOI $272K/yr. $4.123M. 6.6% cap. Retail Center in Grand Rapids, MI: 11,440 SF five-units retail center constructed in 2007 on 1.45 ac outparcel to Meijer grocery. NNN leased. NOI $228K/yr. $3.259M. 7% cap. Shopping Center in Bakersfield, CA: 87,803 SF shopping center at a signalized intersection. Anchored by Vons Grocery. Other major tenants include: Dollar General, Pizza Hut, Taco Bell, Auto Zone, Subway, Bank of  America among others. 87% leased.  Actual NOI $856K/yr. $13.45M. 6.37% cap. Retail Building in Ventura, CA: 6000 SF retail center on .33 ac lot in high income (AHI $92K/yr) Southern California. Close to 208-bed Ventura County Medical Center and Pacific View Mall with 145 stores. 100% leased. NOI $109K/yr. $1.65M. 6.66% cap.  Retail Center in Chino, CA: 13,077 SF attractive retail center completed in 2008 on 3.70 ac lot in growing and high income San Bernardino County with an AHI of $100K/yr. Shadow anchored by Stater Bros Market. 91% leased to national, regional and local tenants. Actual NOI $324K/yr. $5.897M. 5.50% cap. Arby's in Chandler, AZ: 3300 SF Arby’s restaurant renovated in 2008 on .83 ac lot in Phoenix suburbs. 100% NNN lease with 7 yrs left. NOI $110K/yr with 2% annual rent increases. $1.522M. 7.25% cap. Auto Center in El Cajon, CA: 11,913 SF consisting of two L-shaped auto centers on .85 ac lot along main retail corridor in San Diego suburbs. 100% leased to Precision Tune Auto, A1 AutoGlass, AutoRepair4Less &  S+S Auto Detailing. NOI $174K/yr. $2.9M. 6% 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.