09-06: Burger King, MOBs, Denny's, Auto center, Shopping Centers

Daily Best Commercial Properties

Burger King in Council Bluffs, IA: 3624 SF well kept fast food restaurant on nearly 1 ac lot along major retail corridor. Close to I-480/29. Tenant has been at this location for over 30 yrs. 100% absolute NNNN corp lease with over 12 yrs left. NOI K$109K/yr with 7.5% rent bumps every 5 yrs. $2.093M. 5.25% cap. Shopping Center in Indio, CA: 30,619 SF shopping center at a hard corner location in growing Riverside county. 4-points of ingress/egress along Hwy-111. Shadow anchored by Stater Bros grocery. 88% leased to national and regional tenants. Actual NOI $645K/yr. $10.765M. 6% cap. MOB in Prescott, AZ: 12,000 SF Class-A newly constructed multitenant office building in fast growing middle-class Phoenix MSA. 100% absolute NNN leased to Thumb Butte Medical Center, PLLC and Ali Askari, MD Cardiology. NOI $360K/yr. $5.143M. 7% cap. Denny's in McAllen, TX: 5411 SF Denny's Restaurant on .82 ac lot along busy artery. Adjacent to La Quinta Inn & Suites. Close to McAllen Medical Center and La Plaza Mall. New 10 yrs NNN lease. NOI $239K/yr. $3.999M. 6% cap. Shopping Center in Palmdale, CA: 27,455 SF attractive retail center in a fast growing Los Angeles suburbs. Shadow anchored by Food 4 Less and Rite Aid. Major tenants: Subway, Sally Beauty, H&R Block, and Metro PCS. 100% leased. NOI $463K/yr. $6.975M. 6.65% cap. Shopping Center in Tucson, AZ: 25,365 SF attractive shopping center shadow anchored by Fry's Food and Drug, a Kroger subsidiary. 92% NNN leased to national and regional tenants. Actual NOI $391K/yr. $6.3M. 6.22% actual cap. Upside potential. Professional Office Building in Dover, NJ: 11,320 SF Class-B multitenant office building in growing and high income New York metro. 92% leased. Actual NOI $156K/yr. $2.325M. 6.72% cap. MOB in Rialto, CA: 34,709 SF well kept medical office building completed in 1993 on over 3 ac lot in San Bernardino County. Off Hwy-215.  NOI $437K/yr. $8.5M. 5.15% cap. MOB in Plantation, FL: 15,052 SF Class-B multitenant medical office building constructed in 2005 on nearly 1 ac lot. 100% NNN leased to multiple tenants. NOI $547K/yr. $8.298M. 6.60% cap. Retail Center in Lauderhill, FL: 19,493 SF well maintained auto center built in 1986 on 1.93 ac lot along busy artery in Fort Lauderdale metro. 100% leased to 5 auto tenants including 8475 SF Tire Kingdom and Precision Tune. NOI $301K/yr. $4.5M. 6.70% 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.