09-09: Northcutt Dental, Rite Aid, Carl's Jr., Just Brakes, Marsh Supermarket, Hardee's, Burger King

Daily Best Commercial Properties

Northcutt Dental in Hoover, AL: 5500 SF Class-A single tenant office building on .52 ac lot along major retail corridor in Birmingham suburbs. Recently executed 15 yrs NNN lease to a regional operator with six locations. NOI $82K/yr with 6.25% rent increases every 5 yrs. $1.375M. 6% cap. Rite Aid in Springfield, OH: 10,143 SF Rite Aid Pharmacy built in 1998 on 1 ac corner lot. Across from Kroger grocery center. Recently lease extended with 7 yrs left. NOI $145K/yr. $1.663M. 8.75% cap. Wellgate Sports Club in Redding, CA: 23,000 SF single-tenant fitness center on 2.20 ac lot. 100% NNN lease to an experienced operator with 9 yrs left. NOI $185K/yr with annual rent increases. Price reduced from $2.75M to $2.315M. 8% cap. Retail Center in Ventura, CA: 9701 SF attractive retail center completed in 2006 on .93 ac lot at a signalized corner location in growing upper middle (AHI $95K/yr) Southern California. NOI $166K/yr. $2.55M. 6.53% cap. Carl's Jr. in Bakersfield, CA: 2,734 SF well maintained drive-thru fast food restaurant on a .98 ac lot at a signalized intersection & along major retail artery. Adjacent to Costco. Tenant has been at this location since 1989. Outstanding visibility.  On an off/on ramp of Hwy-99. 10 yrs absolute NNN lease with 8 yrs left. NOI $137K/yr with rent increases every 5 yrs. $2.561M. 5.35% cap. Just Brakes in Wylie, TX: 4644 SF 4-bay auto center on .45 ac lot along busy retail corridor in growing (365% pop growth since 2000) and high income (AHI $116K/yr) Dallas suburbs. Adjacent to Target and TJ Maxx & HomeGoods center.  100% absolute NNN corp lease with over 14 yrs left. NOI $75K/yr with CPI rent increases every 5 yrs. $1.075M. 7% cap. Marsh Supermarket in Richmond, IN: 31,947 SF well maintained grocery store on over 3 ac lot. Adjacent to Earlham College. 10 yrs absolute NNN corp lease to a regional food chain with 97 stores. NOI $393K/yr. with 7% rent increases every 5 yrs. $5.247M. 7.50% cap. Hardee's in Springfield, IL: 5100 SF drive-thru fast food restaurant on nearly 2 ac corner lot along busy corridor. 100% absolute NNN lease with 8 yrs left to a strong franchisee with over 100 units. NOI $82K/yr. $1.282M. 6.40% cap. Burger King in Marysville, CA: 2639 SF franchised fast food restaurant on .48 ac lot in middle-class Yuba County North of Sacramento. Close to Rideout Memorial Hospital.  100% absolute NNN lease with 4 yrs left to an experience operator with over 70 units. NOI $90K/yr. $1.8M. 5% cap. Shopping Center in Riverview, FL: 33,950 SF attractive shopping center on over 2 ac lot at a signalized intersection in Tampa metro. Major tenants include: Anytime Fitness, Domino's Pizza, Kumon Learning and Tanning Salon. 68% leased. Actual NOI $259K/yr. $3.7M. 7% actual cap. Upside potential when fully leased.

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.