Tuesday, February 2, 2016

01-19: Burger King, Pizza Hut, Retail Centers, Office Buildings


Daily Best Commercial Properties

  1. Retail Center in Mission, TX: 11,040 SF retail center built in 2005 on over 1 ac lot in growing McAllen suburbs. Close to Walmart Supercenter, Home Depot and major center  with H-E-B, T.J. Maxx, Ross, Dress for Less and Target. Adjacent to CVS and I-2. 100% leased with good tenant mix including: WingStop, Family Practice Dr. Louis, Bravo Taco. NOI $178K/yr. $2.556M. 7% cap.
  2. Shopping Center in Colorado Springs, CO: 20,000 SF well maintained shopping center on 1 ac lot in a fast growing area. Close to The Citadel Mall. 100% leased. NOI $158K/yr. $2.261M. 7% cap.
  3. Retail Center in Rialto, CA: 25,352 SF  well maintained retail center on 1.78 ac lot along main artery in San Bernardino County. 100% NNN leased with good tenant mix. NOI $261K/yr. $4M. 6.50% cap.
  4. Office Building in Scottsdale, AZ: attractive office building at a corner location in high income (AHI $98K/yr) Phoenix MSA. 100% NNN lease with 6 yrs left to a national credit tenant. Tenant has been at this location since 2006. NOI $175K/yr. $2.5M. 7% cap.
  5. Burger King in Taylor, MI: 3506 SF franchised fast food restaurant along main retail corridor. Close to Oakwood Heritage Hospital. This is a sale-leaseback investment. New 20 yrs NNN lease. NOI $57K/yr with 1% rent increases starting in yr 11. $950K/yr. 6% cap.
  6. Pizza Hut in Abilene, TX: 2725 SF well kept Pizza Hut on .64 ac adjacent to Mall a Abilene. Visible and on an off/on ramp of Hwy-83. 100% NNN lease with 4 yrs left. NOI $84K/yr. $1.01M. 8.40% cap.
  7. Retail Center in Baton Rouge, LA: 6000 SF retail center built in 2007 on .52 ac lot in a fast growing middle-class area. Tenants include: Inga's Subs & Salads, French Nails, Hookah, Chinese Kitchen, College Daze and Prince Donuts. NOI $104K/yr. $1.3M. 8% cap. 
(c) Transmercial 2016
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.

01-18: DaVita Dialysis Center, Tuffy Auto Center, MOB, Retail Centers



Daily Best Commercial Properties

  1. DaVita in Victorville, CA: 11,780 SF Class-A brand new dialysis center on over 1 ac lot in growing San Bernardino County in Southern CA. New 15 yrs NNN corp lease. NOI $297K/yr with 10% rent bumps every 5 yrs. $5.565M. 5.35% cap.
  2. Shopping Center in Indianapolis, IN: 50,107 SF well maintained shopping center on 5.25 ac outparcel to 963,000 SF Washington Square Mall. Major tenant include: 21,500 SF Jo-Ann Fabric and Tires Plus. 90% leased. Actual NOI $403K/yr. $4.04M. 10% actual cap. Upside potential.
  3. Shopping Center in Miami Garden, FL: 38,100 SF attractive shopping center on over 1 ac lot along major retail artery in Miami suburbs. 94% leased with good tenant mix including 7,680 SF Chen Neighborhood Medical Center, an established operator with 12 locations.  NOI $620K/yr. $9.2M. 6.74% cap.
  4. Tuffy in Batavia, IL: 4216 SF auto service center built in 2000 on .79 ac lot in an affluent Chicago metro with an AHI of $116K/yr in a 1 mile radius. 20 yrs NNN corp lease with 5 yrs left. NOI $98K/yr with a 10% rent bump on 8/2016. $1.234M. 8% cap now and 8.8% cap in Aug 2016.
  5. MOB in Lake Mary, FL: 14,600 SF Class-A multitenant medical office building in fast growing and high income Orlando suburbs. 90% NNN leased. NOI $262K/yr. $3.5M. 7.50% cap.
  6. Retail Center in Maple Grove, MN: 13,395 SF retail center on over 1 ac lot in growing and affluent (AHI $113K/yr in a 3 mile ring) Minneapolis suburbs. Adjacent to Maple Grove Crossing a major center with Cub Foods, Kohl's, Bed Bath & Beyond, Pier 1 Imports and more. With easy access to I-94. 100% NNN leased. NOI $128K/yr. $1.6M. 8% cap.
  7. Retail Center in Boynton Beach, FL: 26,525 SF well maintained retail center completed in 1990 on nearly 3 ac lot in Lake Worth suburbs. Across from Walmart. 98% leased. 7.25% cap. NOI & price N/A.
  8. Office Buildings in Arlington, TX: 31,967 SF consisting of two high quality construction office buildings built in 2007 on over 3 ac lot with excellent visibility. Along busy corridor and close to Hwy-360. NOI $393K/yr. $4.6M. 8.55% cap.
  9. Strip Center in Colleyville, TX: 6764 SF brick/stone strip center built in 2003 at  signalized intersection along major retail corridor in fast growing and prosperous (AHI $159K/yr)Ft Worth/Dallas suburbs. Across from Whole Foods Market, Petco and Ace Hardware center. NOI $126K/yr. $1.7M. 7.42% cap.
  10. Retail Center in Weymouth, MA: 7800 SF well maintained retail center on over 1 ac lot along busy corridor in high income Boston MSA with an AHI of $100K/yr. Adjacent to CVS Pharmacy. NNN leased to Papa Ginos Pizza, SPA and Indian Restaurant. NOI $86K/yr. $1.199M. 7.20% cap.
(c) Transmercial 2016
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.


Friday, January 29, 2016

01-15: Walgreens, KFC Pier 1 Imports, MOB, Professional Centers


Daily Best Commercial Properties

  1. MOB in Las Vegas, NV: 8164 SF attractive 3-unit medical office building constructed in 2008 on .64 ac lot. Across from Kindred Hospital and close to Desert Springs Hospital. 79% leased to 2 tenants: Healthcare Partners (owned by Davita), and Dental A+. Seller to provide 1 yr rent guaranty for the vacant unit. NOI $133K/yr. $1.75M. 7.64% cap.
  2. Professional Center in Sanford, FL: 7987 SF retail center built in 2004 on .71 ac lot in growing Orlando suburbs. Adjacent to Walgreens and across from Walmart and Dollar Tree center. 100% leased to professional, medical and retail tenants. NOI $77K/yr. $1.175M. 6.6% cap.
  3. Shopping Center in Daytona Beach, FL: 41,517 SF well maintained shopping center on over 5 ac lot. Adjacent to Volusia Mall & Halifax Hospital Medical Center. NOI and cap not avail. $3.75M.  Just $90/SF.
  4. MOB in Conyers, GA: 12,470 SF attractive medical office building in growing and high income (AHI $82K/yr) Atlanta suburbs. Major tenants include: C.H. Martin Co. Orthotics and Georgia Retina, P.C. 81% leased to five tenants. Actual NOI $139K/yr. $1.745M. 8% cap.
  5. Pier 1 Imports in Palm Harbor, FL: 8000 SF single tenant retail building on 1 ac lot in upper middle-class Tampa suburbs. Along Hwy-19. 100% absolute NNN lease with 5 yrs left. NOI $152K/yr. $2.183M. 7% cap.
  6.  Retail Building in San Jose, CA: 4250 SF retail building in a growing and high income Silicon Valley with an AHI of $98K/yr. Close to I-80 and Hwy-87. Operated as Willow Glen Meat & Smokehouse, a Yelp highly-rated business. NOI $101K/yr. $1.395M. 7.30% cap.
  7. MOB in Redding, CA: 10,771 SF Class-B multitenant medical office building adjacent to Mercy Medical Center Redding. NOI $142K/yr. $2.595M. 5.50% cap.
  8. Walgreens in Tulsa, OK: 13,500 SF drive-thru drug store on .89 ac lot at a hard corner location. Recently extended NNN lease with 4 yrs left. NOI $228K/yr. $3.147M. 7.25% cap.
  9. KFC in Birmingham, AL: 2288 SF franchised fast food restaurant on .45 ac lot at a major retail corridor. With easy access to I-20. 20 yrs absolute NNN lease with 19 yrs left to a strong operator with 25 units. Pro forma NOI $90K/yr with 2% annual rent increases starting 2021. $1.297M. 7% cap.
  10. Retail Center in Chattanooga, TN: 16,500 SF attractive retail center in a fast growing area. Adjacent to Home Depot and Lowes. Close to Hamilton Place Mall and I-75. 100% NNN leased. NOI $164K/yr. $1.79M. 9.20% cap.
(c) Transmercial 2016
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.



Thursday, January 28, 2016

01-14: Fitness Nation, Sharp Healthcare, Food City, Tires Plus, Office Buildings, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Phoenix, AZ: 98,599 SF attractive shopping center on over 7 ac lot at a hard corner location.  Across from Fry's grocery store.  Close to Paradise Valley Mall. 94% leased. NOI $1.078M/yr. $14.75M. 7.31% cap.
  2. Fitness Nation in Bedford, TX: 40,000 SF fitness center on over 3 ac lot in fast growing and upper middle class Ft Worth/Dallas suburbs. With excellent visibility along Hwy 121/183. 10 yrs NNN- lease. NOI $400K/yr with rare 15% rent bumps every 5 yrs. $5.72M. 7% cap.
  3. Sharp Healthcare in San Diego, CA: 36,731 SF Class-A single tenant medical office building on 1.65 ac lot in high income (AHI $107K/yr in a 3 mile ring) Southern California. Tenant has been at this location for over 25 yrs. Tenant recently invested over $4M in capital improvements. 100% NNN lease with 6 yrs left. NOI $605K/yr. $10.011M. 6.05% cap.
  4. Food City in Phoenix, AZ: 43,040 SF renovated grocery store on nearly 4 ac corner lot along busy artery. Close to Desert Sky Mall. 100% corp NNN lease with 8 yrs left to a strong regional tenant with 130 stores. NOI $250K/yr. $3.572M. 7% cap.
  5. MOB in East Orange, NJ: 11,000 SF multitenant medical office building in densely populated New York suburbs with over 700,000 residents in a 5 mile ring. Adjacent to East Orange General Hospital and close to I-280. 100% NNN leased. NOI $110K/yr. $1.58M. 7% cap.
  6. Tires Plus in Tampa, FL: 4784 SF well kept auto repair center along major retail artery. Good demographics: growing and affluent neighborhood with an AHI of $112K/yr. 100% NNN lease with 6 yrs left. NOI $93K/yr with 2% annual rent increases. $1.375M. 6.83% cap.
  7. Shopping Center in Orlando, FL: 52,556 SF shopping center on over 6 ac lot anchored by Save A Lot grocery store at a hard corner location. 98% NNN leased. NOI $335K/yr. $3.9M. 8.61% cap.
  8. Office Building in Morgan Hill, CA: 7877 SF Class-B multitenant office building on .91 ac lot in affluent (AHI $131K/yr) Silicon Valley suburbs. 100% leased with long-term tenants. NOI $101K/yr. $1.699M. 6% cap.
  9. Retail Center in Garland, TX: 27,345 SF well maintained retail center at a hard corner location in affluent Dallas metro with an AHI of $120K/yr. 68% leased. Actual NOI $157K/yr. $2.4M. 6.55% cap. Upside potential when fully leaded.
  10. Retail Center in Watauga, TX: 23,655 SF L-shaped attractive retail center in fast growing and high income Ft Worth suburbs. Along Hwy-377. 95% NNN leased. NOI $216K/yr. $2.54M. 8.54% cap.
(c) Transmercial 2016
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.


Wednesday, January 27, 2016

01-13: Auto Center, Dollar Tree, MOB, Retail Centers, Shopping Centers



Daily Best Commercial Properties

  1. Shopping Center in Santa Ana, CA: 77,610 SF consisting of four mixed-use retail buildings on over 4 ac lot at a signalized corner location in densely populated Southern California. Across from Santa Ana College and adjacent to Bristol Marketplace, a major center with Target and Smart & Final Extra. 90% leased to retail and medical tenants. NOI $1.077M/yr. $17.685M. 6.09% cap.
  2. Tire Plus Auto Center in Coral Springs, FL: 6180 SF well maintained retail building completed in 1999 at a corner location. 20 yrs NNN lease with 2 yrs left. NOI $171K/yr. $2.365M. 7.25% cap.
  3. Retail Center in Romeoville, IL: 29,209 SF attractive retail center constructed in 1990 on 4.83 ac lot in a growing and upper middle-class area. NOI $375K/yr. $5M. 7.50% cap.
  4. Shopping Center in New Hope, MN: 42,415 SF shopping center built in 1990 on nearly 5 ac corner lot in Minneapolis suburbs. Major tenants: Ace Hardware and Anytime Fitness. 95% leased. NOI $503K/yr. $6.95M. 7.25% cap.
  5. Neighborhood Center in Romeoville, IL: 60,999 SF shopping center built in 2004 on over 10 ac lot at a hard corner location in a growing and upper middle-class area. Shadow anchored by Jewel Osco grocery. 100% NNN leased with good tenant mix. NOI $1.235 $16.9M. 7.31% cap.
  6. Dollar Tree in Petersburg, FL: 9900 SF high-quality constructed Family Dollar store built in 2006 on .88 ac lot. 100% NNN corp lease with 2 yrs left.  NOI $150K/yr.  $1.875M. 8% cap.
  7. Retail Center in Compton, CA: 6566 SF attractive retail center built in 2008 on .64 ac corner lot in Los Angeles County with over 750K residents in 5 miles ring. Adjacent to CVS Pharmacy. 79% NNN leased to Cricket Wireless, Liberty Tax, Subway, and Smoke 4 Less. Actual NOI $130K/yr. $2.151M. 6.05% cap. Upside Potential.
  8. MOB in Columbus, OH:10,490 SF attractive medical office building at a busy thoroughfare.  Close to Mt Carmel East Hospital and I-270. 100% NNN leased to multiple tenants. NOI $166K/yr. $2.292M. 7.25% cap.
  9. Retail Center in Wheaton, IL: 14,630 SF eye-catching retail center along busy retail corridor in an affluent neighborhood with an AHI of $116K/yr in a 3 mile radius. All units face main thoroughfare. 100% NNN leased. NOI $195K/yr. $2.7M. 7.25% cap.
(c) Transmercial 2016
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.


Tuesday, January 26, 2016

01-12: Hereford House, MOB, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Peoria, AZ: 83,436 SF shopping center built in 2003 on 8.59 ac lot in Phoenix suburbs. Anchored by 57,850 SF Bashas' Grocery store with 130 locations. Other major tenants include, H&R Block, Subway, Great Clips, UPS and Kinsley Healthcare. 87% leased. Actual NOI $783K/yr. $10.815M. 7.25% actual cap. Upside potential when fully leased.
  2. Retail Center in Darien, IL: 14,060 SF high-quality construction retail center on 1.76 ac lot in affluent neighborhood with an AHI of $108K/yr in 1 mile. Next to Walgreens. 100% leased with long-term established tenants. NOI $262K/yr. $3.275M. 8% cap.
  3. MOB in San Jose, CA: 4800 SF Class-B medical office building in growing and high income (AHI $112K/yr) Silicon Valley. Close to O'Connor Hospital, Westfield Valley Fair and I-880. $2.2M. Excellent opportunity for owner-user!
  4. Retail Center in Miami, FL: 21,001 SF mature retail center on 1.61 ac lot along busy retail corridor. 100% NNN leased. NOI $351K/yr. $5.5M. 6.40% cap.
  5. Retail Center in Moreno Valley, CA: 20,342 SF retail center constructed in 205 on 1.74 ac lot in fast growing Riverside County. Major tenants include: US Health Works, 99 Cents Store, Alberto's Mexican Food and Liberty Tax Services. 78% leased to thirteen tenants. Actual NOI $216K/yr. $3.5M. 6.19% cap.
  6. Hereford House in Leawood, KS:11,055 SF Steakhouse on 1.06 ac outparcel to Town Center Plaza - a major open-air lifestyle center with over 90 stores in high income Kansas City suburbs. 100% long term absolute NNN lease. NOI $254K/yr with 2% or CPI annual rent bumps.  $3.512M. 7.25% cap.
  7. MOB in Columbus, OH: 31,293 SF newly renovated multitenant medical office building on 3.50 ac lot in a high income (AHI $99K/yr) area. 100% NNN leased. NOI $352K/yr. $4.7M. 7.50% cap.
  8. Retail Center in San Antonio, TX: 14,984 SF attractive retail center on 1.44 ac lot at a busy intersection. Close to North Central Baptist Hospital. 100% NNN leased to strong tenants. NOI $287K/yr. $4.1M. 7% cap.
  9. Strip Center in Reseda, CA: 8301 SF L-shaped well maintained strip center on .39 ac lot at a signalized intersection in densely populated Los Angeles area with over 580,000 residents in a 5 mile ring. 85% NNN leased. NOI $156K/yr. $2.55M. 6.13% cap.
(c) Transmercial 2016
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.


David V. Tran
Chief Investment Advisor. CA BRE# 00969014
Transmercial -- Commercial Real Estate Investments
408-288-5500 ext. 201, 408-288-5533 (F)

Monday, January 25, 2016

01-11: Lumber Liquidators, Rite Aid, Eco Thrift, Retail Centers, MOB


Daily Best Commercial Properties

  1. Retail Center in Zion, IL: 16,630 SF retail center constructed in 2001 on 3.25 ac lot in growing and upper middle class area with an AHI of $83K/yr. Adjacent to Walmart Supercenter. 100% NNN leased. NOI $122K/yr. $1.3M. 9.40% cap.
  2. Strip Center in Glenview, IL: 10,000 SF attractive strip center built in 2009 along major retail artery in affluent (AHI $144K/yr) Chicago suburbs. 100% NNN leased to Dunkin' Donuts, Adam's Kabob, Domino's and GH Fitness. NOI $233K/yr. $3.475M. 6.73% cap.
  3. MOB in Spring Hill, FL: 10,064 SF Class-B medical office building completed in 2003  in Tampa suburbs. Close to Bayfront Health Spring Hill Hospital. 100% NNN leased to two medical tenants. NOI $216K/yr. $1.8M. 12% cap.
  4. Retail Center in Phoenix, AZ: 12,980 SF retail center built in 2008 along busy artery. Tenants include: Mediterranean Market, Aqua Tots, Little Angels School, AZ Best Cleaners and Our Kitchen To Yours. NOI $247K/yr. $3.395M. 7.28% cap.
  5. Lumber Liquidators in York, PA: 8004 SF freestanding retail building on 1.26 ac lot. Across from 800,000 SF York Galleria Mall and with easy access to Hwy-30. 100% NNN lease with 8 yrs left. NOI $99K/yr. $1.4M. 7.10% cap.
  6. Rite Aid in Banning, CA: 27,469 SF Rite Aid Pharmacy on 2.51 ac lot in Riverside County. Part of a big center with Albertsons Grocery. Close to San Gorgonio Memorial Hospital. Across from Walmart Supercenter and with easy access to I-10. 100% NNN lease with 5 yrs left. NOI $407K/yr. $4.8M. 8.48% cap.
  7. Neighborhood Center in Billings, MT: 51,486 SF shopping center on 3.86 ac lot shadow anchored by Target. Major tenants include: Dollar Tree and T.J. Maxx. 91% leased. NOI $445K/yr. $6.36M. 7% cap.
  8. Retail Center in Salinas, CA: 21,694 SF well kept retail center on 2 ac lot shadow anchored by CVS Pharmacy along main retail corridor in a growing city. 100% leased to fourteen tenants. NOI $358K/yr. $5.738M. 6.25% cap. NOTE: flyer not available, full brochure upon request.
  9. Eco Thrift in Sacramento, CA: 38,536 SF single tenant retail building on over 4 ac lot. Visible and on off/on ramp of Hwy-99. Tenant has been at this location since 1982. Recently extended 10 yr lease.  Eco Thrift, a regional operator with seven locations. NOI $337K/yr with 3% annual rent increases. $5M. 6.75% cap. NOTE: flyer not available, full brochure upon request. 
  10. Retail Center in Tracy, CA:49,580 SF well maintained shopping center on 3.54 ac corner lot in upper middle-class San Joaquin County. 100% leased to 13 tenants. NOI $294K/yr. $3.926M. 7.50% cap. Flyer not available, full brochure upon request.

(c) Transmercial 2016
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.


Friday, January 22, 2016

01-08: Hometown Buffet, Walgreens, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Hometown Buffet in Vacaville, CA: 8600 SF Hometown Buffet on 1.33 ac lot in growing upper middle-class (AHI $84K/yr in a 3 mile ring) city near Sacramento. Adjacent to Vacaville Premium Outlets, Sam's Club and Walmart Supercenter. Close to I-80.   20-yrs absolute NNN corp lease with over 4 yrs left. NOI $154K/yr. Price reduced from $2.808M. to $2.686M. 5.75% cap.
  2. Retail Center in Rohnert Park, CA: 11,528 SF well maintained retail center on .89 ac lot in a growing City North of San Francisco. Adjacent to several major shopping center and with easy access to Hwy-101. 100% leased. NOI $133K/yr. $1.95M. 6.85% cap.
  3. Shopping Center in Las Cruces, NM: 25,267 SF shopping center constructed in 2004 on 2.63 ac lot. Near Walmart Supercenter. close to Mesilla Valley Mall and I-25. 80% leased. NOI $189K/yr. $2.49M. 7.60% cap.
  4. Strip Center in Marlton, NJ: 12,450 SF strip center on 2.66 ac lot at a signalized intersection along major artery in affluent (AHI $117K/yr) Philadelphia suburbs. 100% leased to fine tenants. NOI $254K/yr. Price & NOI N/A.
  5. Retail Center in Fountain, CO: 16,690 SF attractive retail center on nearly 2 ac lot in growing middle-class Colorado Springs suburbs. Across from Safeway center. 100% NNN leased with good tenant mix. NOI $328K/yr. $4.694M. 7% cap.
  6. Retail Buildings in Fountain, CO: 29,428 SF consisting of two retail buildings on over 8 ac lot Shadow anchored by Safeway grocery and along main corridor. 100% NNN leased. Tenants include Pizza Hut, UPS Store, Subway, State Farm, Wells Fargo, Federal navy Credit Union, Fantastic Sams, and more. NOI $706K/yr. $10.098M. 7% cap.
  7. Walgreens in Sharonville, OH: 13,905 SF Walgreens constructed in 1998 on nearly 2 ac lot at a hard corner location in high income (AHI $94K/yr in a 3 mile ring) Cincinnati suburbs. 100% NNN lease with 3 yrs left. NOI $290K/yr. $3.742M. 7.75% cap.
  8. Shopping Center in Cedar Park, TX: 20,135 SF attractive shopping center built in 2007 on nearly 3 ac lot in fast growing and high income Austin MSA. Close to Cedar Park Regional Medical Center. Major tenants include: State Farm Insurance, Thundercloud Subs, Edible Arrangements, Texon Eye and Blue Corn Harvest Bar & Grill. 100% NNN leased. NOI $400K/yr. $6.156M. 6.50% cap.
  9. Neighborhood Center in Fort Wayne, IN: 84,560 SF mature shopping center on 8.54 ac lot along busy retail artery. Adjacent to several shopping center including 1,200,000 SF Glenbrook Square Mall. 96% leased. Actual NOI $372K/yr. $3.995M. 9.32% cap. Upside potential.     
(c) Transmercial 2016
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.
 

Thursday, January 21, 2016

01-07: Mixed-use, Walgreens, Lowe's, Plasma Collection Facility, La Petite Academy, Retail Centers



Daily Best Commercial Properties

  1. Mixed-use in Orange City, FL: 35,250 SF high quality constructed shopping center completed in 2007 on over 3 ac lot in growing Orlando suburbs. Close to Florida Hospital and I-4. Excellent mix of tenants: medical, retail and office. NOI $370K/yr. $5.05M. 7.34% cap.
  2. Shopping Center in Dublin, OH: 30,493 SF consisting of four retail buildings completed in 2010 on 4.72 ac lot in affluent Columbus metro with an AHI of $104K/yr. 100% NNN leased. NOI $623K/yr. $7.8M. 8% cap.
  3. Walgreens in Columbia, SC: 15,120 SF well maintained drive-thru drug store constructed in 2002 on 1.25 ac lot at a hard corner location. 20 yrs NNN lease with over 6 yrs left. NOI $427K/yr. $6.102M. 7% cap.
  4. Retail Center in Mesa, AZ: 10,122 SF inline retail buildings on 2 ac outparcel to Albertsons grocery in growing Phoenix suburbs with AHI of $80K/yr. 88% NNN leased with 1 available unit. Tenants include Starbucks, State Farm, Eye Center.  Actual NOI $211K/yr. $3.025M. 7% cap.
  5. Professional Plaza in Orange, CA: 16,322 SF Class-B professional building on 1.16 ac lot in Los Angeles area. Close to UCI Medical Center, Hwy-57 and I-5. 100% leased to medical & professional tenants. NOI $199K/yr. $3.5M. 5.70% cap.
  6. Lowe's in Concord, NC: 136,197 SF big-box home improvement center built in 1999 on over 20 acres of land along major corridor in Charlotte suburbs. Close to Columbia Medical Center, Columbia Mall and I-85. 100% NNN lease with 4 yrs left. (Tenant formally approved early extension till 2026 with a 30% rent reduction but buyer is not required to accept it.) NOI $922K/yr. $10.85M. 8.50% cap.
  7. Plasma Collection Facility in Columbus, OH: 14,597 SF Class-B single-tenant office building constructed in 2006 on 3.37 ac lot along retail corridor. 10 yrs NNN lease to BiomatUSA, a strong operator with over 150 units. NOI $239K/yr. $3.425M. 7% cap.
  8. La Petite Academy in Las Vegas, NV: 8,000 SF built-to-suit education day care center built in 1997 in a high income area with an AHI of $83K/yr. 100% NNN lease with 4 yrs left. NOI $129K/yr. $1.842M. 7% cap.
  9. Shopping Center in Centennial, CO: 58,304 SF well kept shopping center on 4 ac lot along main artery in high income (AHI $102K/yr) Denver suburbs. Close to The Street of SouthGlenn, a major Power Center and Littleton Adventist Hospital. 91% leased to 15 tenants. Actual NOI $383K/yr. $5.86M. 6.54% cap.
  10. Retail Center in Turnersville, NJ: 23,400 SF retail center on nearly 5 ac lot in high income Philadelphia MSA with an AHI of $101K/yr in a 1 mile ring. Adjacent to Burlington Coat Factory, LA Fitness and Kohl's. NOI $205K/yr. $2.6M. 7.90% cap.
(c) Transmercial 2016
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.