Friday, March 11, 2016

02-26: MOB, Walgreens, Retail Centers, Office Buildings



Daily Best Commercial Properties

  1. Neighborhood Center in Downers Grove, IL: 218,091 SF attractive shopping center on over 13 acres of land along major retail artery in Chicago metro. Between Finley Square Mall and Yorktown Center. With easy access to I-355/I-88. 98% leased to national, regional and local tenants. Actual NOI $1.467M/yr. $17.4M. 8.43% cap.
  2. MOB in Corona, CA: 45,793 SF well maintained multitenant medical office building on 4.27 ac lot in Riverside County. Adjacent to Corona Rehab Hospital and Kaiser Permanente. 93% leased. NOI $678K/yr. $11.3M. 6% cap.
  3. Retail Center in Dallas, TX: 40,752 SF well kept retail center on over 3 ac lot along busy corridor. Across from Texas Instruments and near Kindred Hospital. 65% leased. $3.5M. NOI N/A.
  4. Retail Center in Leawood, KS: 16,809 SF retail center completed in 2004 on over 2 ac lot in a growing and affluent (AHI $143K/yr) Kansas City metro. 100% leased. NOI $311K/yr. $4.15M. 7.50% cap.
  5. Shopping Center in Lake Jackson, TX: 65,408 SF consisting of two retail center on over 6 ac lot anchored by Academy Sports. Across from Brazos Mall. 94% leased. NOI $760K/yr. $9.5M. 8% cap.
  6. Office Building in Las Vegas, NV: 12,500 SF Class-A office building on nearly 1 ac lot along busy artery. 85% NNN leased to multiple tenants. NOI $147K/yr. $2.1M. 7% cap.
  7. Retail Building in Conyers, GA: 4882 SF newly-renovated 2-unit retail center at a hard corner location in growing Atlanta metro consists of 2782 SF Church's Chicken with new 15 yrs lease and 2100 SF Express Pharmacy. Across from Rockdale Hospital. 100% NNN leased. NOI $78K/yr. $975K. 8% cap.
  8. MOB in Las Vegas, NV: 44,894 SF Class-B single-tenant medical office building constructed in 1995. Close to Mountain View Hospital. 100% NNN leased with 7 yrs left to United Healthcare Services (NYSE :UNH) a managed health care company and number 14 on the Fortune 500 with $141.5 Billion in revenue in 2015. NOI $1.077M/yr with 1.5% annual renter increases. $15.75M. 6.84% cap.
  9. Strip Center in Pittsburg, CA: 5900 SF five-units strip center on .59 ac corner lot in Contra Costa County. 75% NNN leased to 7-Eleven, BBQ Cafe and Social Service Agency. NOI $84K/yr. $1.4M. 6% cap. 
  10. Walgreens in Chicago, IL: 13,000 SF built-to-suit pharmacy constructed in 1993 on 1 ac lot at a signalized intersection. With easy access to I-90. 100% NN lease with 4-yrs left. NOI $159K/yr. Price reduced from $2.461M to $2.285M. 7% cap. Store with strong estimated $8M/year in sales (this means tenant is likely to renew lease).

(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, March 10, 2016

02-25: Burger King, Taco Bell & Pizza Hut, Pediatric Health Choice, Sports Club, PetSense, Little Pros Academy, Walgreens

Attached please find the revised article "Certificate of Need for MOBs"

Daily Best Commercial Properties

  1. Burger King in Crystal Lake, IL: 3931 SF franchised fast food restaurant along main retail corridor in growing and high income area. Adjacent to T.J. Maxx, Savers and Dollar Tree center. Tenant has been at this location since 1977. 20 yrs absolute NNN lease to a strong operator with 75 units. NOI $97K/yr with 7.5% rent increases every 5 yrs. $1.65M. 5.91% cap.
  2. Taco Bell & Pizza Hut in Homewood, AL: 1974 SF dual-branded restaurant built in 1992 on .63 ac outparcel to Walmart Supercenter, Sam's Club, Sears Outlet, Hobby Lobby and Dollar Tree center. With easy access to I-65. 100% NNN leased to a strong franchisee with 7 yrs left. NOI $72K/yr with 1.5% annual rent bumps. $1.206M. 6% cap.
  3. Pediatric Health Choice in Baton Rouge, LA: 7700 SF single-tenant medical office building completely renovated in 2010 on .85 ac lot. Close to I-12. 100% NNN- corp lease with 5 yrs left. NOI $126K/yr. $1.68M. 7.50% cap.
  4. Retail Center in Wyoming, MI: 25,688 SF retail center built in 2007 on 2.70 ac lot in stable Grand Rapids suburbs. Across from Menards, Target and Meijer grocery. Close to Hwy131. 100% NNN leased. NOI $316K/yr. $3.95M. 8% cap.
  5. World Gym in Oxnard, CA: 35,366 SF fitness center completed in 2005 in upper middle-class (AHI $89K/yr) city. Across from Ventura County Medical Center and Kaiser Permanente. Near St. John's Regional Medical Center and Hwy-101. 10 yrs NNN lease. NOI $660K/yr with 3% annual rent increases. $8.8M. 7.5% cap.
  6. PetSense in North Richland Hills, TX: 8558 SF newly renovated retail building on nearly 1 ac lot in fast growing Ft Worth suburbs. 100% NNN corp lease with 9 yrs left to PetSense with 115 locations nationwide. NOI $119K/yr. $1.775M. 6.75% cap.
  7. Little Pros Academy in Morrisville, NC: 11,250 SF high quality constructed day care facility renovated in 2009 on 2.26 ac lot in affluent Raleigh suburbs with an AHI of $114K/yr in a 1 mile ring. 10 yrs NNN lease with 4 yrs left to an experienced regional operator with 27 schools. NOI $301K/yr with 2.5% annual rent increases. $3.353M. 9% cap.
  8. Retail Centers in Richmond, VA: 26,664 SF consisting of two retail buildings on 1.51 ac lot at a major signalized intersection. 92% leased. $1.075M. NOI N/A.
  9. Walgreens in Chicago, IL: 13,000 SF built-to-suit pharmacy constructed in 1993 on 1 ac lot at a signalized intersection. With easy access to I-90. 100% NN lease with 4-yrs left. NOI $159K/yr. Price reduced from $2.461M to $2.285M. 7% 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, March 9, 2016

02-24: Dollar General, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Dollar General in Shreveport, LA: 9100 SF Dollar General built in 2011 on over 1 ac lot along busy retail corridor and close to I-49. 15 yrs NNN corp lease with 10 yrs left. NOI $106K/yr. $1.424M. 7.50% cap.
  2. Retail Center in Orlando, FL: 37,729 SF consisting of four retail buildings on 4.61 ac lot along prime retail corridor. Close to Universal Studios and next to Hwy-4. Major tenants include: Buffalo Wild Wings and Pizza Hut. NOI $638K/yr. $8.518M. 7.50% cap.
  3. Shopping Center in Littleton, CO: 45,748 SF shopping center in growing and high income (AHI $96K/yr) Denver suburbs. Shadow anchored by Walmart Neighborhood Market. 97% leased. NOI $657K/yr. $8.75M. 7.51% cap.
  4. Retail Center in San Jacinto, CA: 6000 SF well kept retail center at a signalized intersection in Riverside County. 100% leased to 4 good tenants: Little Caesar's Pizza, El Portal Taco Shop, Ramji Baraiya, DDS and Boost Mobile. NOI $109K/yr. $1.849M. 5.87% cap.
  5. Strip Center in Denver, CO: 12,180 SF strip center on .88 ac lot in a fast growing area. 100% NNN leased to seven tenants. NOI $102K/yr. $1.3M. 7.92% cap.
  6. Shopping Center in Fresno, CA: 30,751 SF attractive shopping center built in 1980 on 3.42 ac lot in a growing middle-class area. Major tenants include: 5950 SF TGI Fridays, Mountain Mike's Pizza, Village Liquor, Massage Spa Le Perisien Cafe among others. 96% NNN leased. NOI $610K/yr. $9.775M. 6.25% cap.
  7. Retail Center in Folsom, CA: 22,550 SF retail center on 2.41 ac lot in affluent Sacramento suburbs. Adjacent to 554,000 SF Folsom Premium Outlets. 100% leased. NOI $325K/yr. $4.643M. 7% cap.
  8. Retail Center in Mesa, AZ: 8416 SF six-units retail center built in 2002 on over 1 ac lot in Phoenix suburbs. Close to Banner Gateway Medical Center and Hwy-60. Tenants include: Subway, CheckMate, barber, massage studio and nail salon, 82% leased with only one vacancy. Actual NOI $126K/yr. $1.8M. 7.02% actual cap. Upside potential when fully leased.
(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, March 8, 2016

02-23: Country Skillets, Dollar General, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Phoenix, AZ: 79,105 SF well maintained shopping center on 8.59 ac lot along busy artery. With easy access to Hwy-51. 85% NNN leased with good tenant mix including Ace Hardware. Actual NOI $659K/yr. $9.41M. 7% actual cap. Upside potential.
  2. Shopping Center in League City, TX: 50,962 SF attractive shopping center completed in 2014 on 5.88 ac lot in fast growing and affluent (AHI $112K/yr) Houston suburbs. NNN leased. NOI $911K/yr. $12.75M. 7.15% cap.
  3.  Retail Center in Crowley, TX: 26,500 SF retail center built in 2007 on 2.47 ac lot in growing (95% pop growth since 2000) and upper middle-class Fort Worth MSA. Tenants include: i-Fit Elite Fitness Center, Nails Plus, Diet Solutions, Bethel Management, Gold Tanning and Inspire Salon. 100% leased. NOI $234K/yr. $2.925M. 8% cap.
  4. Strip Center in Mansfield, TX: 7894 SF strip enter constructed in 1999 on .82 ac outparcel to Walmart  in affluent (AHI $101K/yr) Dallas/Ft Worth metro. 100% NNN leased. NOI $152K/yr. $2.182M. 7% cap.
  5. Country Skillets in Pittsburg, CA: 4000 SF well maintained family restaurant on .57 ac lot at a signalized intersection in growing Contra Costa County. 100% NNN lease to an experienced operator with 10 yrs left. NOI $84K/yr with 2% annual rent increases. $1.527M. 5.5% cap.
  6. Retail Center in Bethany, OK: 30,000 SF well kept retail center on over 3 ac lot along busy corridor in Oklahoma City suburbs. 91% leased. Actual NOI $121K/yr. $1.475M. 8.27% cap.
  7. Retail Center in Euless, TX: 12,652 SF retail center built in 2005 on over 1 ac lot in Dallas/Ft. Worth suburbs. Shadow anchored by Albertsons grocery. 88% NN leased to T-Mobile Limited, Little Caesar's Pizza, Check N Go, and Euless Swiftcare. NOI $191K/yr. $2.162M. 8.86% cap.
  8. Neighborhood Center in Algonquin, IL: 103,266 SF shopping center on 11 acres of land in a high income area. Anchored by Butera Foods (a local grocery store chain), Dollar Tree, Goodwill and Chase Bank. 78% leased. NOI $566K/yr. $7.977M. 7.10% cap.
  9. Retail Center in Elgin, IL: 12,500 SF attractive retail center in growing and upper middle-class area. Close to Presence Saint Joseph Hospital. NNN leased. NOI $142K/yr. $1.728M. 8.25% cap.
  10. Dollar General in Louisville, KY: 12,928 SF freestanding retail building on nearly 1 ac lot. Adjacent to University of Louisville with over 22,000 students. 100% NNN lased with 2 yrs left. 8% cap. NOI N/A.
(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.


02-22: AAP, The Learning Experience, Professional Complex, Retail Center, Strip Centers


Daily Best Commercial Properties

  1. Advance Auto Parts in Cincinnati, OH: 6720 SF well maintained auto center built in 2003 at a .66 corner lot location and along busy corridor. 100% NNN- corp lease with 8 yrs left. $2.021M. 6.65% cap.
  2. Retail Center in Tacoma, WA: 19,000 SF mature retail center on 4 ac lot in growing Seattle suburbs. 100% leased. Major tenants include: H&R Block, Boost Mobile, Brave Hearts and M&M Liquor & Wine. NOI $385K/yr. $5.5M. 7% cap.
  3. Professional Complex in Littleton, CO: 19,474 SF Class-B multitenant office building on over 2 ac lot in growing and high income Denver MSA with an AHI of $103K/yr in a 3 mile ring, 85% leased to professional and medical tenants. NOI $206K/yr. $2.95M. 7.01% cap.
  4. Retail Center in Round Lake Beach, IL: 28,706 SF retail center completed in 2000 on over 3 ac lot in a high income neighborhood. Adjacent to Home Depot. 100% leased. NOI $324K/yr. $4.45M. 7.3% cap.
  5. Office Building in Tustin, CA: 10,560 SF Class-B multitenant office building on .22 ac lot in high income (AHI $102K/yr) & densely populated Los Angeles suburbs with over 500,000 residents in a 5 mile ring. Adjacent to major centers with Trader Joe's, Sprouts Farmers Market and Albertsons. NOI $142K/yr. $2.375M. 6% cap.
  6. Shopping Center in Cedar Park, TX: 34,245 SF attractive shopping center constructed in 2002 on 4.49 ac lot in fast growing and high income Austin suburbs with an AHI of $100K/yr. Good tenant mix: Goodwill, Dominos, dentist, orthodontist, restaurant and more. 94% leased. Actual NOI $531K/yr. $7.5M. 7.09% actual cap. Upside potential.
  7. Strip Center in South Bend, IN: 7805 SF strip center shadow anchored by Walmart and Lowe's. With easy access to Hwy-31. 100% NNN leased to Verizon Wireless, Midwest Kosher Deli, Sweet Frog and MK's Barber Shop. NOI $148K/yr. $2.072M. 7.15% cap.
  8. Retail Center in Springfield, MO: 20,000 SF attractive retail center on over 2 ac lot. Adjacent to new Planet Fitness. 89% NNN leased with good tenant mix. $2.295M. NOI N/A.
  9. The Learning Experience in Katy, TX: 11,077 SF day care facility completed in 2009 on 1.74 ac lot in high income Houston suburbs. 15 yrs NNN- lease with 10 yrs left. NOI $282K/yr with 12% rent bumps every 5 yrs. $3.995M. 7.06% cap.
  10. Retail Building in Montgomery, AL: 5040 SF attractive single-tenant retail building. Across from The Shoppes at EastChase with Kohl's, Target, World Market, Ross Dress for Less, Pier 1 Imports to name a few. With easy access to I-85. 100% leased to a regional tenant with 100 locations. NOI $101K/yr with 3% annual rent increases. $1.45M. 7% 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, March 4, 2016

02-19: Fresenius, MOB, Office Building, Shopping Centers, Retail Centers


Daily Best Commercial Properties

  1. Retail Center in Surprise, AZ: 13,901 SF attractive retail center on 4 ac lot at a hard corner location in Phoenix suburbs. Shadow anchored by Walmart. 100% leased. NOI $294K/yr. $3.98M. 7.40% cap.
  2. Retail Center in Gainesville, FL: 10,186 SF well maintained retail center in fast growing middle-class area. Across from The Oaks Mall. Close to North Florida Regional Medical Center and with easy access to I-75. 100% NNN leased. NOI $143K/yr. $1.722M. 8.33% cap.
  3. Office Buildings in Antioch, CA: 16,586 SF Class-B consisting of two multitenant office buildings on over 1 ac lot in Contra Costa County. Across from Delta Medical Center. 97% leased. Actual NOI $176K/yr. $2.35M. 7.50% cap.
  4. Strip Center in Miamisburg, OH: 10,088 SF strip center built in 2008 on 1.38 ac lot in Dayton metro. 100% NNNN leased. NOI $141K/yr. $1.629M. 8.70% cap.
  5. Shopping Center in Arnold, MO: 42,091 SF attractive shopping center in St. Louis suburbs. Adjacent to Target and Home Depot. With easy access to I-55. 90% leased to a diverse mix of tenants. NOI $311K/yr. $4.017M. 7.75% actual cap. Upside potential.
  6. Fresenius in Crosby, TX: 6000 SF well maintained dialysis center built in 2005 on nearly 1 ac lot in growing and high income Houston metro. 100% NNN corp lease with 4 yrs left. NOI $136K/yr. $1.875M. 7.28% cap.
  7. Retail Center in La Vergne, TN: 11,400 SF retail center along busy corridor in Nashville suburbs. On an off/on ramp of I-24. 100% leased. NOI $94K/yr. $1.3M. 7.25% cap.
  8. Office Building in Pacoima, CA: 53,745 SF two-story office building on 2 ac lot in densely populated Los Angeles area with over 400,000 residents in a 5 mile ring. Pro forma NOI $1.141M/yr. $14M. $8.15% cap.
  9. Surgery Center in Fort Myers, FL: 8895 SF Class-A single-tenant medical office building completed in 1993 for the treatment of prostate disease, infertility, kidney stone, erectile dysfunction, urologic cancer. 100% NNN. NOI $269K/yr. with 2% annual rent bumps. Personal guaranty from 6 physicians. $3.167M. 8.50% 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, March 3, 2016

02-18: KFC, Fresenius Dialysis Center, MOB, Shopping Centers



Daily Best Commercial Properties

  1. Retail Center in Noblesville, IN: 15,040 SF attractive retail center completed in 1996 on 1.37 ac outparcel to Marsh Supermarket. Tenants include: Crown Liquors, Papa Murphy's, Big League Barbers, Chinese Restaurant and Pharmacy Express. NNN leased with only two small vacancies. Actual NOI $247K/yr. $3.12M. 7.93% actual cap. Upside potential.
  2. Shopping Center in Ocala, FL: 30,904 SF well maintained shopping center on 2.75 ac lot along major retail artery. Across from Publix Super Market ad Harbor Freight Tools center. Excellent tenant mix. NOI $188K/yr. $2.162M. 8.73% cap. Just $70/SF!
  3. KFC in Atlanta, GA: 2660 SF KFC restaurant completed in 1995 on .62 ac lot on an off/on ramp of I-285. 20 yrs absolute NNN lease with 16 yrs left. NOI $92K/yr with rent bumps every 5 yrs. $1.752M. 5.25% cap.
  4. Shopping Center in Fort Wayne, IN: 84,560 SF mature shopping center along busy retail artery. Adjacent to several shopping center including Glenbrook Square Mall. 100% leased. Actual NOI $383K/yr. $3.995M. 9.61% cap.
  5. Retail Center in Lawrenceville, GA: 19,724 SF attractive retail center constructed in 2005 on over 1 ac lot in fast growing Atlanta suburbs. 84% leased to retail, office and medical tenants. NOI $179K/yr. $1.8M. 10% cap.
  6. Fresenius in Stone Mountain, GA: 8700 SF dialysis center with excellent visibility in growing Atlanta suburbs. Tenant has been at this location since 2005. 100% NNN- lease with 4 yrs left. NOI $174K/yr. $2.485M. 7% cap.
  7. MOB in Fort Myers, FL: 8162 SF Class-A single-tenant medical office building completed in 1993. 100% NNN. NOI $187K/yr. $2.21M. 8.50% cap.
  8. Shopping Center in Fresno, CA: 87,850 SF established shopping center at a corner location.  Anchored by 99-Cents Store and dd’s Discounts.  NNN leased.  NOI $614K/yr. $8.785M. 7% cap.
  9. Shopping Center in Las Vegas, NV: 54,924 SF shopping center built in 1999 on 5.44 ac lot along major retail artery. 87% NNN leased. Actual NOI $684K/yr. $9.4M. 7.28% cap.
  10. Strip Center in West Jordan, UT: 5101 SF strip center built in 2007 on .72 ac lot in a growing and high income Salk Lake City suburbs with an AHI of $80K/y in a 1 mile ring. 100% NNN leased to Starbucks Coffee, Spring Mobile and Al Sabor Mexican restaurant. NOI $137K/yr. $1.828M. 7.50% 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, March 2, 2016

02-17: El Pollo Loco, Tutor Time, Office Buildings, Shopping Centers, MOB's



Daily Best Commercial Properties

  1. El Pollo Loco in San Antonio, TX: brand new free-standing drive-thru Mexican style grilled chicken restaurant  outparcel to Home Depot and Gold's Gym shopping center. 20 yrs absolute NNN ground lease (land for sale). NOI $125K/yr with 12% rent increases every 5 yrs. $2.272M. 5.5% cap. Note: Flyer not available, full brochure upon request.
  2. Office Building in Glendale, AZ: 36,040 SF Class-B multitenant office building on 3 ac lot in growing Phoenix suburbs. Close to Abrazo Arrowhead Campus Hospital and Arrowhead Towne Center. 72% leased. Actual NOI $355K/yr. $5M. 7.10% actual cap. Upside potential when fully leased.
  3. Retail Building in Goodyear, AZ: 35,199 SF In-line retail building completed in 2000 on over 7 ac lot in growing Phoenix suburbs. Shadow anchored by Target and across from West Valley Hospital. Good tenant mix including Michaels and Starbucks. 100% NNN leased. NOI $396K/yr. $6.2M. 6.40% cap.
  4. Retail Center in Crestwood, IL: 15,812 SF retail center built in 2008 on 2.36 ac lot along major retail corridor. Across from Rivercrest Shopping center with Target, Ross Dress for Less, AMC Theater and more. 100% NNN leased to AT&T, FedEx and Ingalls Care Center. NOI $366K/yr. $4.821M. 7.60% cap.
  5. Shopping Center in Ypsilanti, MI: 27,816 SF well maintained shopping center on 3.63 ac lot at a hard corner location in a growing and upper middle-class Ann Arbor metro. Across from Target and Meijer. Near Hwy-23. NOI $384K/yr. $4.8M. 8% cap.
  6. MOB in Cape Coral, FL: 39,579 SF high-quality construction medical office building along major artery in Fort Myers suburbs. 100% NNN leased to multiple tenants. NOI $898K/yr. $12.5M. 7.20% cap.
  7. Strip Center in Escalon, CA: 9865 SF strip center built in 2007 on .85 ac lot in San Joaquin County. North of Modesto. 72% NNN leased to O'Reilly Auto Parts. Actual NOI $125K/yr. $1.65M. 7.60% cap.
  8. Medical Office Building in Woodridge, IL: 10,135 SF Class-B multitenant office building constructed in 1995 on .89 ac lot in a high income neighborhood. Close to I-355. Key tenant: DuPage Medical. 100% leased. NOI $102K/yr. $1.275M. 8.06% cap.
  9. Tutor Time in West Bloomfield, MI: 14,000 SF day care facility in affluent area with an AHI of $113K/yr in a 1 mile ring. 100% NNN- leased with 9 yrs left. NOI $264K/yr with rent increases every 5 yrs. $3.406M. 7.75% cap. $3.406M. 7.75% cap.
  10. Shopping Center in Owings Mills, MD: 59,918 SF shopping center built in 2001 on nearly 7 ac lot in high income Baltimore suburbs. Anchored by 37,985 SF Food Lion grocery, a chain with 1100 stores. 98% leased. Pro forma NOI $1.04M/yr. $11.559M. 9% pro forma 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, March 1, 2016

02-16: KinderCare Learning Center, Vantage Oncology Treatment Center, Fitness 19, Mi Pueblo, MOB



Daily Best Commercial Properties

  1. MOB in Merrionette Park, IL: 57,127 SF medical office building renovated in 2004 along busy artery in Chicago metro. Key tenants include: Advocate Health Care (AA credit tenant) & Dialysis Centers of America (owned by Fresenius). 96% leased. NOI $980K/yr. $12.25M. 8% cap.
  2. KinderCare Learning Center in Warren, NJ: 13,576 SF attractive day care facility constructed in 2003 on 2.62 ac lot in affluent (AHI $162K/yr) New York suburbs. 100% NNN corp lease with 4 yrs left. 9% cap. NOI and price N/A.
  3. Retail Center in Dunedin, FL: 13,384 SF well maintained retail center on over 1 ac corner lot in Tampa MSA. Across from Walmart Neighborhood Market center. Close to Westfield Countryside Mall and Hwy-19. 94% leased. NOI $180K/yr. $2.249M. 8.02% cap.
  4. Retail Buildings in Katy, TX: 18,000 SF consisting of two multitenant retail buildings completed in 2005 on 1.46 ac lot in upper middle-class Houston suburbs. 92% leased. NOI $238K/yr. $2.804M. 8.50% cap.
  5. MOB in Kettering, OH: 13,943 SF Class-B single-tenant medical office building on 1.42 ac lot in Dayton suburbs.  100% absolute NNN lease with 3 yrs left to Digestive Specialists, Inc.,& Digestive Endoscopy Center LLC (DBA Amsurg, NASDAQ: AMSG). NOI $166K/yr. $1.897M. 8.80% cap.
  6. Vantage Oncology Treatment Center in El Centro, CA: 8492 SF Class-B single-tenant Cancer center constructed in 1997 in growing Imperial County. 100% NNN lease with 4 yrs left to Vantage Oncology, LLC is a leading national provider of radiation oncology services and integrated cancer care with 50 treatment facilities in 14 states. NOI $224K/yr. $3.276M. 6.85% cap.
  7. MOB in Massapequa, NY: 7743 SF attractive multitenant medical office building in high  income New York suburbs. Across from Westfield Sunrise Mall. $1.9M. Excellent opportunity for owner-user!.
  8. Fitness 19 in Victorville, CA: 10,215 SF attractive fitness center on nearly 1 ac lot in growing San Bernardino County. 100% NNN corp lease with 8 yrs left. NOI $121K/yr. $2.121M. 5.75% cap.
  9. Mi Pueblo Supermarket in San Rafael, CA: 35,931 SF Mi Pueblo Food Center renovated in 2009 on nearly 4 ac lot in growing Marin County North of San Francisco. 100% NNN corp lease with over 8 yrs left to Mi Pueblo, a regional tenant with 19 stores. NOI $896K/yr with annual rent increases. $13.75M. 6.52% cap.
  10. Shopping Center in Manassas, VA: 47,936 SF shopping center completed in 2005 on 7.33 ac lot. Anchored by 38,274 SF Food Lion grocery in affluent (AHI $138K/yr) Washington Metro. 98% leased. Pro forma NOI $765K/yr. $8.5M. 9% pro forma 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.