Tuesday, August 2, 2016

07-19: MOB, Shopping Centers, Retail Centers, Strip Centers


Daily Best Commercial Properties

  1. Retail Center in Snellville, GA: 14,050 SF attractive retail center built in 2006 on 1.32 ac lot at a signalized corner location in growing Atlanta suburbs. 100% NNN leased to ten tenants. NOI $255K/yr. $3.168M. 8.07% cap. NOTE: flyer not included full brochure upon request.
  2. Shopping Center in Waldorf, MD: 45,395 SF shopping center built in 2002 on 5.86 ac lot anchored by Food Lion grocery in high income (AHI $103K/yr) Washington MSA. Close to 981,000 SF St Charles Towne Center. 100% NNN leased. NOI $582K/yr. $7.667M. 7.60% cap.
  3. Retail Center in Folsom, CA: 13,578 SF retail center completed in 2007 along major retail corridor in high income Sacramento suburbs with an AHI of $113K/yr in a 1 mile ring. 100% leased. NOI $305K/yr. $4.695M. 6.50% cap.
  4. Retail Center in Columbus, OH: 12,158 SF retail center built in 2006 on 1.50 ac lot. Adjacent to Lowe's and Kroger shopping center. Close to I-270. 88% leased. Actual NOI $116K/yr. $1.558M. 7.50% actual cap. Upside potential when fully leased.
  5. MOB in Norwalk, CA: 18,984 SF single tenant medical office building in densely populated Los Angeles area. 10 yrs NNN lease to Avanti Hospitals, a LA-based hospital system and high-quality healthcare service provider. NOI $319K/yr. $5.8M. 5.50% cap.
  6. MOB in Lansing, MI: 37,607 SF Class-A medical office building. Adjacent to Ingham Regional Hospital. NNN leased to multiple tenants. NOI $257K/yr. $3.816M. 6.75% cap.
  7. Strip Center in San Jose, CA: 6906 SF attractive strip center built in 1991 along major artery in high income (AHI $114K/yr in a 3 mile radius) Silicon Valley. 100% NNN leased. NOI $224K/yr. $3.91M. 5.75% cap.
  8. MOB in Chandler, AZ: 39,726 SF Class-B multitenant medical office building on 4.78 ac lot in fast growing and upper middle-class Phoenix suburbs. 90% NNN leased with good tenant mix. NOI $409K/yr. $5.857M. 7% actual cap.
  9. Shopping Center in Louisville, KY: 74,300 SF well maintained shopping center on nearly 10 ac lot anchored by 26,155 SF Price Less Foods and Dollar Tree. 82% NNN leased. NOI $591K/yr. $7.4M. 8% cap.
  10. Retail Center in Grand Prairie, TX: 22,655 SF shopping center constructed in 2007 on 1.80 ac lot in fast growing Dallas/Ft. Worth suburbs. Across from Albertsons grocery. 100% NNN leased. NOI $249K/yr. $3.1M. 8.06% 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.
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