08-05: Hooters Restaurant, Firestone, Walgreens, MedExpress, Apartments, Retail Centers, Shopping Centers, MOB

Daily Best Commercial Properties

MedExpress in Altoona, PA: 5300 SF single-tenant urgent care center constructed in 2010 in middle-class town East of Pittsburgh. Close to I-99. 10 yrs NNN corp lease with over 9 yrs left. NOI $110K/yr. $1.704M. 6.50% cap. Retail Center in Lee's Summit, MO: 10,000 SF well maintained retail center renovated in 2013 in upper middle-class Kansas City suburbs. 90% NNN leased to Subway, Boost Mobile, Aqueous Vapor, Sarpino's Pizzeria, Longboards Wraps and Massage Zone. 7.78% cap. NOI N/A. Retail Center in Houston, TX: 19,130 SF well kept shopping center on 1 ac lot along busy artery.  All units face main corridor. 85% leased. NOI $162K/yr. $2.1M. 7.75% cap. Strip Center in Arlington, TX: 6186 SF attractive strip center built in 2006 on .73 ac lot in fast growing Dallas/Fort Worth suburbs. 100% leased with a good tenant mix including; Alamo Title, Farmers Insurance and Edwards Jones Investments. NOI $81K/yr. $1.14M. 7.14% cap. Apartments in Oakland, CA: 96-units apartment complex on nearly 3 ac lot. Close to Oakland Zoo and I-580. The unit mix is comprised of 2 studios, 50 one bedroom/one bathroom units, 26 two bedroom/one bathroom units, 13 three bedroom/one bathroom units, 2 three bedroom/two bath units, 2 four bedroom/one bathroom unit and 1 office. NOI $330K/yr. $5.5M. 6% cap. Aaron's Rent To Own in Coachella, CA: 7360 SF single-tenant retail building on .85 ac lot in Riverside County. Along Hwy-86. 100% NNN leased with 4 yrs left. NOI $174K/yr. $2.329M. 7.50% cap. Walgreens in Lafayette, CO: 15,120 SF Walgreen's Pharmacy built in 2001 at a hard corner location in high income Denver metro. Strong store sales. 100% NNN- corp lease with 12 yrs left. NOI $295K/yr. $4.725M. 6.25% cap. Strip Center in Colorado Springs, CO: 5000 SF strip center built in 1990 at a signalized corner location and along busy retail corridor. Shadow anchored by Hobby Lobby and near Walmart Supercenter. 100% leased. NOI $87K/yr. $1.458M, 6% cap. Firestone in Livonia, MI: 10,600 SF auto care center along major retail thoroughfare. Tenant has been at this location since 1960. Across from Walmart Supercenter and Target. 100% NNN leased with 9 yrs left. NOI $93K/yr. $1.38M. 6.75% cap. Hooters in Lakeland, FL: 4623 SF Hooters Restaurant renovated in 2013 on .75 ac outparcel to Walmart Supercenter. Adjacent to shopping center with Marshalls, Ross Dress for Less Stain Mart and Hobby Lobby. With easy access to Hwy-570. 100% NNN corp lease with 5 yrs left. NOI $175K/yr. $2.9M. 6.06% 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.