07-22: Davita, bank, Twin Peaks, Multi-family, Walgreens, Outback steakhouse, McDonalds, Sonic, Goodyear Auto

Daily Best Commercial Properties

Davita in San Antonio, TX: 11,022 SF 24-station dialysis center on 1.77 acres lot.  100% NNN lease with 9.5 yrs left.  NOI $226K/yr with 2% annual rent bumps. $3.625M. 6.25% cap. Oxford Bank & Trust in Westmont, IL: 4017 SF bank building completed in 1999 on 1.1 acres corner lot in wealthy Chicago suburbs with AHI of $111K/yr in 3 miles ring.  100% NNN leased to Oxford Bank & Trust with 7 locations.  NOI $120K/yr. with 3% annual rent bumps. $1.7m9M. 7% cap. Twin Peaks restaurant in Wheeling, IL: 13,597 SF  sports bar & restaurant, a chain with 38 locations in 17 states built in 2008 on 1.55 acres lot in growing high income Chicago metro.  100% absolute NNN lease till 2027.  NOI $243K/yr with rent bumps every 5 yrs (next bump in 2017).  $3.471M. 7% cap. Multi-family in Los Angeles, CA: 7-unit 5255 SF multifamily in densely-populated area with over 500K residents in 3 miles.  100% occupied.  NOI $80K/yr. $1.25M. 6.4% cap. Office Building in Flower Mound, TX: 7087 SF office building constructed in 2004 on 1 ac lot in high growth and affluent Dallas suburbs with AHI of $155K/yr in 1 mile.  100% leased to 4 tenants.  NOI $143K/yr. $1.75M. 8.17% cap. Walgreens in St Petersburg, FL: 15,525 SF drug store built in 1995 at a corner of 2 major arteries.  100% NNN- with 3 yrs left.  NOI $295K/yr. $4.538M. 6.5% cap. Outback Steakhouse in Green Brook, NJ: 6500 SF steakhouse on 2.53 acres lot in affluent NY suburbs with AHI of $115K/yr in 1 mile. New 15 yrs absolute NNN lease.  NOI $187K/yr with 1% annual rent bumps.  $3.567M. 5.25% cap. McDonalds & Texaco Gas in Covington, GA: 3070 McDonalds, 12-pump Texaco gas station with 2600 SF convenience store and 1560 SF barber on 2 acres site right off I-20 exit in Atlanta suburbs.  long term NNN leases.  NOI $172K/yr. $2.678M. 6.45% cap. Sonic Drive-in Restaurant in Ripon, CA:  1608 SF Sonic restaurant on 1.17 acres next to Hwy 99 exit near Modesto.  100% NNN leased  till 2023 to an operator with over 30 units.  NOI $159K/yr. $2.654M. 6% cap. Goodyear Auto in Columbia, SC: 5200 SF 8-bay auto service center on .77 ac lot. 100% NNN lease with 3 yrs left.  NOI $92K/yr. $1.155M. 8% cap.

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.