08-03: Lugano Ristorante, Arby's, MOB, Strip Centers, Fitness Evolution, Shopping Centers

Daily Best Commercial Properties

Lugano Ristorante in Cary, NC: 8000 SF beautiful Italian Restaurant constructed in 2001 on 1.25 ac lot in affluent neighborhood with an AHI of $105K/yr in a 3 mile ring. 12 yrs NNN- lease with 10 yrs left. Highly rated on both Trip Advisor and Yelp. NOI $209K/yr with 2% annual rent bumps. $2.614M. 8% cap. Restaurant with strong sales revenue of $2.3M in 2015.  Note: Flyer not available, full brochure upon request. Arby's in Valrico, FL: 3400 SF Arby's restaurant built in 2008 on 1.16 ac lot along major corridor in Tampa MSA. 100% NNN corp lease with 3 yrs left. NOI $66K/yr. $1.099M. 6.01% cap. Strip Center in San Jose, CA: 6243 SF consisting of two well maintained retail centers on .53 ac lot in growing and high income Silicon Valley. 100% leased. NOI $142K/yr. $2.84M. 5% cap. Retail Center in Raleigh, NC: 8000 brand new retail center on 1.47 ac lot in upper middle-class area. 100% NNN leased to Tazo Grill, Pizza Store, Subway and UPS. NOI $212K/yr. $2.944M. 7.20% cap. Shopping Center in Sacramento, CA: 23,817 SF well maintained shopping center on over 2 ac lot along busy corridor. NNN leased to multiple tenants. NOI $376K/yr. $5.65M. 6.66% cap. MOB in Kingston, PA: 7120 SF Class-B single-tenant medical office building in Scranton suburbs. 100% leased with 7 yrs left Orthopedic Consultants of Wyoming Valley. NOI $75K/yr. $1.075M. 7% cap. Office Building in Menlo Park, CA: 2500 SF Class-B office building in affluent San Mateo County with an AHI of $154K/yr in a 1 mile ring. Adjacent to St. Patrick's Seminary & University and VA Palo Alto Health Care System. $2.59M. Excellent for owner-user! Fitness Evolution in Dixon, CA: 18,960 SF fitness center on 1.74 ac lot in growing upper middle-class Solano County with an AHI of $86K/yr in a 1 mile ring. 20 yrs absolute NNN lease to a strong franchisee with 46 units. NOI $227K/yr with 1.25% annual rent increases. $3.25M. 7% cap. Strip Center in Winston Salem, NC: 9000 SF newly constructed strip center on 1.25 ac lot in fast growing area. Across from Super Walmart. 100% leased to Great Clips, Anytime Fitness and Cricket Wireless. NOI $139K/yr. $1.93M. 7.25% cap. Office Building in Fridley, MN: 47,433 SF Class-B office building built in 1990 on nearly 4 ac lot Minneapolis suburbs. Close to Unity Hospital. 93% NNN leased. NOI $399K/yr. $5.395M. 7.40% 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.