08-29: MOB, Wendy's, Dairy Queen, Retail Buildings, Shopping Centers

Daily Best Commercial Properties

Fresenius MOB in San Antonio, TX: 12,500 SF two-tenant medical office building constructed in 1999 on 1.29 ac lot. Close to Brooke Army Medical Center and I-410. 88% NNN- lease to Fresenius with 5 yr s left. NOI $240K/yr with 2% annual rent bumps. $3.323M. 7.25% actual cap. Upside potential when fully occupied. Wendy's in Orland, FL: 3741 SF single-tenant fast food restaurant on nearly 1 ac lot along major artery. Tenant has been at this location for approximately 30 yrs. Tenant recently renew lease for additional 2 yrs. NOI $80K/yr. $1.007M. 8% cap. Store with sales revenue of $1.343M/year. Retail Center in Hesperia, CA: 19730 SF attractive retail center completed in 2008 on 2.66 ac lot in San Bernardino County. Shadow anchored by Stater Bros. Markets. 87% NNN leased. NOI $298K/yr. $4.975M. 6% cap. Dairy Queen in Farmers Branch, TX: 3000 SF drive-thru franchised fast food restaurant renovated in 2008 on .47 ac lot in growing upper middle-class Dallas/Ft. Worth suburbs. On an off/on ramp of I-35E. 20 yrs absolute NNN lease with over 11 yrs left. NOI $74K/yr with 10% rent bumps every 5 yrs. $1.196M. 6.25% cap. Shopping Center in Tonawanda, NY: 55,473 SF well maintained shopping center on nearly 4 ac lot in Buffalo suburbs. Major tenants include: Rite Aid, Dollar Tree, Subway, Key Bank, Subway and Valu Home. Near I-290. 95% leased. Actual NOI $480K/yr. $6.2M. 7.75% cap. Retail Center in Jacksonville, NC: 68,500 SF brand new retail building on over 5 ac lot anchored by Burlington Coat Factory along major retail corridor. Adjacent to major centers with Marshalls, Target, Ross Sam's Club, Lowe's and more. 100% NNN leased. NOI $908K/yr. $13.97M. 6.50% cap. Strip Center in Norcross, GA: 9252 SF attractive strip center built in 2008 on .47 ac lot at a signalized corner location in growing Atlanta suburbs. 100% leased to five tenants. NOI $182K/yr. $2.395M. 7.62% cap. Retail Buildings in Sacramento, CA: 19,915 SF consisting of two attractive retail buildings in a fast growing area. All units face main corridor. Close to two major centers: ·        The Promenade with Target, Burlington Coat Factory, Cost Plus World Market, Old Navy to name a few. ·        Natomas Marketplace with Walmart, Home Depot, Michel's and Regal Cinemas. With easy access to I-80. 100% leased. NOI $228K/yr. $3.75M. 6.10% 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.