08-16: Denny's, CHAMPPS Restaurant, Apartments, Shopping Centers, Mixed-use

Daily Best Commercial Properties

Shopping Center in Mesa, AZ: 46,035 SF shopping center built in 2006 on nearly 5 ac lot along busy retail corridor in growing Phoenix suburbs. Close to Superstition Springs Center and Hwy-60. 90% leased. Actual NOI $658K/yr. $9.4M. 7% cap. Denny's in Fayetteville, NC: 3254 SF brand new free-standing restaurant on .80 ac lot along busy artery. New 20 yrs NNN lease to a franchisee. NOI $123K/yr with 7.5% rent increases every 5 yrs. $2.012M. 6.15% cap. Apartments in Gladstone, OR: 17-units well maintained apartment building on 1.63 ac lot in middle-class Portland suburbs. Close to I-205. NOI $151K/yr. $2M. 7.56% cap. Retail Center in Las Vegas, NV: 21,009 SF retail center on 1.65 ac lot along major artery. 90% leased with good tenant mix. Actual NOI $245K/yr. $3.2M. 7.68% cap. CHAMPPS in Orlando Park, IL: 9420 SF CHAMPPS Restaurant & Bar on 2.48 ac lot along major corridor in a high income area with an AHI of $94K/yr. 100% absolute NNN lease with 8 yrs left. NOI $277K/yr. $3.695M. 7.5% cap. Retail Building in Santa Maria, CA: 15,000 SF well maintained single tenant retail building on nearly 1 ac lot along major retail thoroughfare in growing Santa Barbara County. 100% NNN lease with 3 yrs left to Beverly's Fabrics and Crafts. NOI $137K/yr.  $2.299M. 6% cap. MOB in Las Vegas, NV: 18,147 SF Class-A single-tenant medical office building constructed in 2004 on 3.55 ac lot. Adjacent to HealthSouth Rehabilitation Hospital. 100% NNN lease with 11 yrs left to Valley Surgery Center, the largest privately-owned ambulatory surgery center. NOI $368K/yr. $5.5M. 6.70% cap. Mixed-use in Warren, MI: 4992 SF retail center and 7990 SF office building along busy corridor in growing and middle-class neighborhood. Tenants include: Jimmy John's, Sprint, CPA office and Physical Therapy. 100% NNN leased. NOI $232K/yr. $2.649M. 8.78% cap. Shopping Center in Gastonia, NC: 62,230 SF shopping center built in 1993 on 8.65 ac lot anchored by BI-LO Grocery and Family Dollar in Charlotte suburbs. 100% leased. NOI $512K/yr. $7.075M. 7.25% cap. Shopping Center in Mableton, GA: 63,367 SF well kept shopping center on 7.85 ac lot anchored by Food Depot grocery in growing upper middle-class (AHI $86K/yr) Atlanta metro. NOI $405K/yr. $4.6M. 8.82% 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.