07-26: Office Building, Rite Aid, MOB, Family Dollar, Office Buildings, Apartment Complex

Daily Best Commercial Properties

Office Building in Crown Point, IN: 21,705 SF well maintained office building on over 1 ac lot in a high income area. 100% leased. NOI $185K/yr. $2.1M. 8.85% cap. Rite Aid in Midlothian, VA: 14,845 SF Rite Aid drug store constructed in 1998 on 1.70 ac lot in affluent neighborhood with an AHI of $127K/yr in Richmond suburbs. Across from Kroger shopping center. 100% NNN- lease with over 5 yrs left. NOI $275K/yr. $3.548M. 7.75% cap. MOB in Lancaster, CA: 76,748 SF Class-B single tenant medical office building renovated in 2001 on over 8 ac lot in growing middle-class Los Angeles County. Close to 420-bed Antelope Valley Hospital and Hwy-14. New 10 yrs NNN lease to High Desert Medical Group, a multi-specialty medical group. NOI $845K/yr with 3% annual rent increases starting in 3/2018. $13M. 6.50% cap. Family Dollar in Irving, TX: 8370 SF single-tenant retail building on 1.14 ac lot in growing Fort Worth/Dallas suburbs. 100% NNN lease with 6 yrs left. NOI $125K/yr. $1.677M. 7.50% cap. Retail Center in San Antonio, TX: 39,085 SF well maintained retail center on nearly 3 ac lot along busy corridor. Adjacent to two Power Centers; Park North Shopping Center and La Plaza Del Norte. With easy access to I-410. 94% NNN leased. 8.05% cap. NOI N/A. MOB in Denton, TX: 12,892 SF Class-A multitenant medical office building completed in 2000 on 1.69 ac lot in fast growing and high income (AHI $82K/yr in a 3 mile ring) Dallas metro.  Across from Denton Regional Medical Center. 100% leased. NOI $190K/yr. $2.375M. 8% cap. Office Building in Phoenix, AZ: 46,523 SF Class-B four-story office building on 1.61 ac lot at a signalized corner location. Adjacent to Los Ninos Hospital.  Close to Phoenix Childrens Hospital, Abrazo Arizona Heart Hospital and Hwy-51. 77% leased to multiple tenants. $3.75M. NOI N/A. Retail Center in McMinnville, OR: 39,018 SF attractive retail center in growing middle-class Portland MSA. Major tenants include: Aaron's and Anytime Fitness. NOI $326K/yr. $5.03M. 6.50% cap. Strip Center in Conyers, GA: 14,400 SF strip center built in 2006 on 2 ac lot in growing Atlanta suburbs. 100% leased to seven tenants. NOI $155K/yr. $1.55M. 10% cap. Apartments in Sacramento, CA: 64-units apartment complex on nearly 2 ac lot. Over 200K in capital improvements.  Across from American River College. 100% occupied. NOI $554K/yr. $5.6M. 9.90% 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.