Thursday, July 14, 2016

06-30: Famous Dave's, Havoline Xpress Lube, MOB, Shopping Centers, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Phoenix, AZ: 104,204 SF shopping center renovated in 2009 on over 4 ac lot anchored by 75,488 SF Los Altos Ranch Market. Next to Costco and with easy access to Hwy-60. 100% NNN leased to seven tenants. NOI $1.095M/yr. $15.65M. 7% cap. Note: flyer not available, full brochure upon request.
  2. Shopping Center in Lafayette, IN: 97,904 SF in-line shopping center on over 19 ac lot along main retail corridor. Shadow anchored by Home Depot. Major tenants include: Jo-Ann Fabrics, Tuesday Morning, Party City, JP Morgan Chase Bank and Pet Supplies Plus. 84% NNN leased. actual NOI $642K/yr. $7.9M. 8.14% cap.
  3. Famous Dave's in Addison, IL: 5000 SF attractive restaurant built in 2000 on 1.13 ac outparcel to Marcus Addison Cinema in growing & high income (AHI $89K/yr) area. Close to I-355. This is a Sale-Leaseback investment. New 20 yrs absolute NNN lease to an experienced franchisee. NOI $150K/yr with 1.5% annual rent increases. $2.4M. 6.25% cap.
  4. Mr. Tire in Oaklyn, NJ: 2625 SF auto service center on .42 ac corner lot in densely populated Philadelphia suburbs. Recent 10 yrs NNN lease extension. NOI $85K/yr. $1.215M. 7% cap.
  5. Retail Center in Nampa, IN: 16,501 SF attractive retail center constructed in 2006 on 1.80 ac lot in Boise MSA. 95% leased with good tenant mix including Anytime Fitness. NOI $175K/yr. $2.8M. 6.25% cap.
  6. MOB in Denton, TX: 19,864 SF Class-A multitenant medical office building on 1.38 ac lot in a fast growing area. Close to Texas Health Presbyterian Hospital and I-35. 100% leased. NOI $285K/yr. $4.074M. 7% cap.
  7. Shopping Center in Shrewsbury, MO: 45,062 SF newly constructed shopping center on 6.25 ac lot in St. Louis suburbs. Adjacent to new Walmart Supercenter. 100% NNNN leased to Here Today (regional tenant with 6 stores), Planet Fitness, LifeXist, Supercuts and Massage Luxe. NOI $649K/yr. $8.954M. 7.25% cap.
  8. MOB in Savanna, GA: 3870 SF Class-A single tenant surgery center with Certificate Of Need. Close to Candle Hospital.  100% NNN lease with 5 yrs left. Pro forma NOI $87K/yr. $1.25M. 7% cap.
  9. Retail Center in Albuquerque, NM: 20,544 SF well kept retail center on 1.76 ac lot. Recent improvements include: facade, signage, 7 new HVAC units in 2015 and updated gas lines. 100% leased. NOI $144K/yr. $1.694M. 8.50% cap.
  10. Havoline Xpress Lube in Tampa, FL: 2250 SF three-bay auto center on .26 ac lot at a signalized corner location. 100% NN lease with 6 yrs left to a strong operator. NOI $81K/yr with a 10% rent increase in 2017. $1.295M. 6.31% 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, July 13, 2016

06-29: JCPenny, Bright Horizons, Hardee's, Church's Chicken, MOB, Professional Buildings, Shopping Centers


Daily Best Commercial Properties

  1. JCPenny in Hiram, GA: 104,828 SF big-box retail building constructed in 2009 on over 8 ac lot in fast growing Atlanta suburbs. Across from Super Target, Sam's Club, Kohl's and Home Depot anchored power centers. 20 yrs absolute NNN corp ground lease (land is for sale) with 13 yrs left. NOI $432K/yr with a 5% rent increase in 2019. $6.646M. 6.50% cap.
  2. Retail Center in Plainfield, IL: 27,958 SF attractive retail center in growing and affluent neighborhood with an AHI of $121K/yr in a 1 mile radius. Adjacent to Meijer grocery and near ALDI, Menards and Jewel-Osco. 100% NNN leased to Goodwill and Kiddie Academy. NOI $430K/yr. $6.15M. 7% cap.   
  3. Bright Horizons in Phoenixville, PA: 10,178 SF attractive day care center built in 2007 in growing and affluent (AHI of $139K/yr in 1 mile ring) Philadelphia MSA. 10 yrs NNN- lease with 7 yrs left. Corporately guaranteed lease by Bright Horizons Family Solutions, a publicly traded company with over 750 Locations. NOI $211K/yr with 2% annual rent bumps starting in 2018. $2.84M. 7.45% cap.
  4.  Hardee's in Mobile, AL: 3825 SF fast food restaurant built in 1993 on 1.85 ac lot along busy corridor. Across from Walmart Neighborhood Market and close to Publix Super Market. 20 yrs absolute NNN lease with 4 yrs left to an experienced operator with 110 units. NOI $79K/yr with annual rent increases. $1.026M. 7.75% cap.
  5. Church's Chicken in Houston, TX: 2139 SF franchised single tenant retail building on .44 ac corner lot in growing middle-class area. New 16 yrs absolute NNN lease to an operator with 110 units. NOI $74K/yr with 1.5% annual rent increases. $1.234M. 6% cap.
  6. Retail Building in Vacaville, CA: 4560 SF strip center at a high traffic intersection shadow anchored by Lucky Grocery (owned by Save Mart Supermarkets) in upper middle-class in Northern CA with an AHI of $81K/yr. 100% leased to Subway, Papa Murphy's, Habib's Famous Kabobs and The Cash Shop. NOI $121K/yr. $2.204M. 5.50% cap.
  7. Shopping Center in Saint Paul, MN: 108,600 SF attractive retail centers on over 7 ac lot in growing middle-class Minneapolis suburbs. Major tenants: Dollar Tree, Boost Mobile and Metro PCS. 82% leased. Actual NOI $709K/yr. Price reduced from $8.25M to $7.95M. 8.92% actual cap. Upside potential when fully leased. 
  8. MOB in San Antonio, TX: 34,486 SF Class-A multitenant medical office building constructed in 2006 on 3.20 ac lot. Close to Northeast Baptist Hospital and I-410.. 92% leased to Interventional Pain Management, Oakwell Clinical Research, San Antonio Oral Surgery and Alamo Urology. NOI $571K/yr. $8.4M. 6.80% cap.
  9. Professional Building in Thousand Oaks, CA: 20,141 SF Class-B two-story office building on 1.21 ac lot in high income Los Angeles suburbs. Between Whole Foods Market and Ross Dress for Less Centers. Across from Janss Marketplace and close to The Oaks Mall and Hwy-101. 96% leased with a good mix of professional tenants. Actual NOI $316K/yr. $5.1M. 6.20% actual 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.

Tuesday, July 12, 2016

06-28: Walgreens, Office Buildings, Filiberto's Mexican Restaurant, MOB, Shopping Centers



Daily Best Commercial Properties

  1. Walgreens in Lake Charles, LA: 14,490 SF well maintained drive-thru drug store constructed in 2001 on over 1 ac corner lot in high income New Orleans metro. 100% NNN- corp lease with 5 yrs left. NOI $288K/yr. $4.114M. 7% cap.  
  2. Walgreens in Mobile, AL: 15,120 SF Walgreens at a hard corner location in a fast growing and high income area with an AHI of $95K/yr. Across from Winn-Dixie grocery. 100% NNN lease with 5 yrs left. NOI $356K/yr. $4.8M. 7.42% cap.
  3. Office Building in Crystal Lake, IL: 9600 SF Class-B office building on 1.23 ac lot in affluent neighborhood with an AHI of $98K/yr in a 1 mile ring. 85% NNN leased with only one vacancy. Actual NOI $104K/yr. $1.35M. 7.75% actual cap. Upside potential when fully leased.
  4. Filiberto's in Phoenix, AZ: 2440 SF Mexican Restaurant constructed in 2007 on .71 ac outparcel to Food City grocery center. Near Banner Estrella Medical Center. 9 yrs operating at this location. New 15 yrs NNN lease. NOI $120K/yr with 2% annual rent increases. $1.6M. 7.50% cap.
  5. Planet Fitness in Shawnee, KS: 28,505 SF fitness center on over 2 ac lot in growing and high income Kansas City suburbs with an AHI of $88K/yr. Adjacent to PowerPlay Entertainment Center with bowling, go-karts, rides & an arcade, plus a casual buffet restaurant.  Across from Hy-Vee grocery. Newly executed 11 yrs NNN- lease to a strong operator with seven locations. NOI $270K/yr. $3.735M. 7.25% cap.
  6. Retail Center in Cheektowaga, NY: 24,767 SF retail center built in 1994 in Buffalo suburbs. Close to 1,600,000 SF Walden Galleria Mall and I-90. Major tenants include: Longhorn Steakhouse, Destination XL (DXL) and Hockey Giant. NOI $435K/yr. $6.455M. 6.75% cap.
  7. Neighborhood Center in Macon, GA: 111,324 SF well maintained shopping center on 22.75 ac lot. Anchored by DD's Discount, Ollie's Bargain Outlet, City Trend and CATO. Across from 1,100,000 SF Macon Mall. 81% leased. NOI $428K/yr. Price Reduced from $5.2M to $4.702M. 9.11% cap.
  8. Palo Verde Cancer Center in Glendale, AZ: 10,500 SF single-tenant medical office building completed in 2008 on over 3 ac lot in growing (3.432% pop growth since 2000) and middle-class Phoenix suburbs. close to Dignity Health St. Joseph's Westgate Medical Center and Hwy-101. 7 yrs NNN lease to Palo Verde Cancer Specialists with 6 locations in AZ. Tenant spent over $2M to build out and equipt the facility.  NOI $227K/yr with generous 3% annual rent increases. $3.5M. 6.50% cap.
  9. Shopping 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 to stable credit tenants. NOI $272K/yr. $4.123M.. 6.60% 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.

Monday, July 11, 2016

06-27: DaVita Dialysis, Popeyes, Family Dollar, Office Buildings, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Tulare, CA: 119,677 SF well maintained shopping center on over 5 ac lot at a hard corner location and in a fast growing area. Anchored by 21,893 SF Rite Aid and 20,237 SF Grocery Outlet. Other major tenant include: H&R Block, WIC, DMV, Ace Cash Express and Cricket Wireless among others. 93% NNN leased. NOI $1.127M/yr. $17.95M. 6.28% cap.
  2. DaVita in Northwood, OH: 9600 SF Class-B dialysis center on 1.53 ac lot in Toledo suburbs. Close to Mercy St. Charles Hospital and I-280. 100% NNN lease with 9 yrs left. NO $72K/yr with annual rent bumps. $1.058M. 6.80% cap.
  3. Shopping Center in Arlington, TX: 54,646 SF well kept shopping center on over 4 ac corner lot in Dallas/Ft Worth suburbs. Shadow anchored by Halal Import Food Market. Main tenants include: Planet Fitness, Aaron's and Speedy Cash. 100% leased to eleven tenants. NOI $369K/yr. $4.615M. 8% cap.
  4. Professional Center in Bakersfield, CA: 13,334 SF Class-B office building completed in 2007 in growing and high income area with an AHI of $103K/yr in a 1 mile ring. 100% leased to multiple tenants. Pro forma NOI $199K/yr. $2.95M. 6.75% cap.
  5. Popeyes in Midland, TX: 1948 SF single-tenant fast food restaurant on .61 ac lot in fast growing and high income oil/gas town. Close to Midland College. 100% NNN lease with 4 yrs left. NOI $79K/yr. $1.031M. 7.75% cap.
  6. Retail Center in Tampa, FL: 38,219 SF attractive retail center on over 4 ac lot along busy retail corridor. Major tenants include: JSA Healthcare Corp and La Hacienda Restaurant. Close to Tampa Community Hospital. 98% leased to twenty-two tenants. Actual NOI $392K/yr. $5.187M. 7.57% actual cap. Upside potential.
  7. Office Building in Portland, OR: 4180 SF well kept multitenant professional building in growing and high income area. Adjacent to Providence Medical Center and close to I-84. 80% leased. Pro forma NOI $82K/yr. $1.29M. 6.40% cap.
  8. Strip Center in Sacramento, CA: 7360 SF attractive strip center built in 2006 on .86 ac lot at a signalized corner location on a main artery. Tenants include: Subway, Allied Cash Advance and Premier Insurance Cervices. 100% NNN leased to six tenants. NOI $156K/yr. $2.61M. 6% cap.
  9. Family Dollar in Syracuse, NY: 8320 SF under construction single tenant retail building at a high traffic corner location. With easy access to I-81. New 15 yrs NNN lease. NOI $142K/yr with a rent increase in yr 11. $2.285M. 6.25% cap.
  10. Office Building in Grove City, OH: 18,000 SF multitenant office building on over 1 ac lot in Columbus suburbs. NNN leased to DaVita Dialysis, Mid-Ohio Screen Print Incorporated, Hollywood Dance Studio and Clarity Hearing. NOI $143K/yr. $1.789M. 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.

06-24: The Learning Experience, National Tire & Battery (NTB), Retail Center, Retail Centers, Shopping Centers



Daily Best Commercial Properties

  1. The Learning Experience in Aurora, IL: 10,000 SF childcare center built in 2015 on 1.35 acres lot in high-income area with an AHI of $93K/yr in a 1 mile ring.  15 yrs NNN- lease with over 13 yrs left. Corp guaranteed lease for the first 5 yrs.  NOI $240K/yr with 8% rent bumps every 5 yrs.  $3.1M. 7.75% cap.
  2. The Learning Experience in Houston, TX: 10,000 SF newly constructed child development center on 2 ac lot in a high income area. New 15 yrs NNN- corp lease. NOI $280K/yr with 10% rent increase every 5 yrs. $3.943M. 7.10% cap.
  3. Retail Center in McAllen, TX: 38,268 SF attractive retail center built in 2007 on 4 ac lot in a fast growing area. Across from Costco and Lowe's. Close to Las Tiendas Plaza anchored by Walmart, Sam's Club, Ross Dress For Less and Target. On a ramp of I-2. Credit tenant include: Krispy Kreme, Baskin Robins, AT&T and Platos Closet. 94% NNN leased. Actual NOI $867K/yr. $11.56M. 7.50% cap.
  4. Shopping Center in Farmington Hills, MI: 61,409 SF completely renovated shopping center at a corner location in a high income (AHI $98K/yr in a 3 mile radius) Detroit suburbs. With easy access to I-696. Good tenant mix of national and regional tenants. NOI $10.65M. $10.65M. 7.78% cap.
  5. Neighborhood Center in Pasadena, TX: 163,992 SF well maintained regional shopping center on over 13 ac lot in growing Houston suburbs. Major tenants include: Surplus Warehouse, Dollar Tree, Big Lots, Harbor Freight and ValueMart. Across from 134,006 SF center anchored by Kroger. 90% leased. NOI $653K/yr. $8.075M. 8.09% cap.
  6. Office Building in Roseville, CA: 20,759 SF two story well maintained office building on 1.21 ac lot in high income Sacramento suburbs. 96% leased to multiple tenants. NOI $133K/yr. $1.85M. 7.22% cap.
  7. NTB in Decatur, GA: 11,960 SF single tenant auto center constructed in 1993 on 1.64 ac lot in growing Atlanta suburbs. Adjacent to Home Depot and with easy access to I-20. 100% NNN corp lease with 9 yrs left. NOI $115K/yr with a rent bump in 2020. $1.683M. 6.85% cap.
  8. Retail Center in Appleton, WI: 24,287 SF retail center built in 2003 on over 4 ac lot in growing and high income area. Across from Walmart Supercenter and close to Hwy-441. 100% leased to ten tenants. NOI $329K/yr. $4.7M. 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.


Thursday, July 7, 2016

06-23: DaVita, VA Clinic, Medical Complex, Winn Dixie Supermarket, Shopping Centers



Daily Best Commercial Properties

  1. Shopping Center in Saginaw, MI: 50,150 SF attractive shopping center in a middle-class area. Across from Super Walmart shopping center. 88% leased with only 6,000 SF vacant space. Actual NOI $433K/yr. $5.784M. 7.50% cap.
  2. Shopping Center in Boise, ID: 173,476 SF well maintained shopping center on over 25 acres of land anchored by 53,496 SF Albertson's grocery. Other major tenants include: Family Dollar and Planet Fitness. 95% NNN leased. Actual NOI $1.274M/yr. $19.61M. 6.50% actual cap. Upside potential when fully leased.
  3. VA Clinic in Oklahoma City, OK:11,282 SF single-tenant office building on over 1 ac lot in a fast growing area. Across from Northpark Mall. Tenant has been at this property since 2004. Newly executed 10 yrs NNN lease to U.S. Department of Veterans Affairs with 9 yrs left. NOI $205K/yr. Price reduced from $2.834M to $2.651M. 7.75% cap.
  4. Medical Complex in Westminster, CO: 13,030 SF newly renovated medical office park on over 2 ac lot in fast growing middle-class Denver suburbs. Adjacent to St. Anthony North Hospital. Close to Water World. 100% NNN leased to three stable tenants. NOI $204K/yr. $3.03M. 6.76% cap.
  5. Shopping Center in Lake Forest, CA: 127,360 SF shopping center on 9.27 ac lot along main retail corridor in growing and high income Las Angeles suburbs. Across from Ralph's Center, 99 Cents Only center and Home Depot. Close to Laguna Hills Mall and on an off/on ramp of I-5. National credit tenants: Petco, CVS Pharmacy, Ross Dress for Less and Jack in the Box among others. 98% NNN NOI $900K/yr. $10.6M. 8.50% cap.  Note: this is a sale of buildings only.  The property is on a ground lease with 19 years left.
  6. Winn Dixie in New Orleans, LA: 59,000 SF supermarket on 5.20 ac lot. Along Hwy-90 and visible from I-10. On an off/on ramp of I-10. 20 yrs NNN lease with 4 yrs left. NOI $773K/yr.  $9.094M. 8.5% cap.
  7. Shopping Center in Las Vegas, NV: 42,730 SF shopping center completed in 2008 on 4 ac lot along busy retail corridor. Across from Walmart Supercenter and Lowe's. 80% NNN leased with good tenant mix including: Chiropractic, Pizza, Go Wireless, Mattress Firm and other local tenants. Actual NOI $821K/yr. $12M. 6.84% 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, July 6, 2016

06-22: Professional Park, Shopping Centers, Retail Centers, Strip Centers


Daily Best Commercial Properties

  1. Retail Center in Compton, CA: 16,460 SF retail building on .94 ac lot at a signalized corner location. In densely populated Los Angeles area with over 800,000 residents in a 5 mile ring. 98% leased with a strong mix of local tenants. NOI $244K/yr. $4M. 6.10% cap.
  2. Shopping Center in Bakersfield, CA: 87,803 SF shopping center at a signalized intersection. Anchored by Vons Grocery. Other major tenants include: Dollar General, Pizza Hut, Taco Bell, Auto Zone, Subway, Bank of  America among others. 87% leased.  Actual NOI $856K/yr. $13.45M. 6.37% cap.
  3. Neighborhood Center in Aurora, CO: 109,037 SF attractive shopping center on 7.79 ac lot in growing middle-class Denver suburbs. On an off/on ramp of I-225. Shadow anchored by Burlington Coat Factory. Other major tenant include: Verizon Wireless, Cici's Pizza, Subway, T-Mobile, Mattress Firm and UPS. Close to The Medical Center of Aurora Hospital and Town Center at Aurora. 95% leased to national and credit tenants. NOI $1.543M/yr. $22.045M. 7% cap.
  4. Professional Park in Scottsdale, AZ: 65,732 SF Class-B multitenant professional buildings on nearly 4 ac lot along busy corridor in Phoenix suburbs. Close to 337-bed HonorHealth Scottsdale Osborn Medical Center. 91% leased. Actual NOI $646K/yr. $8.5M. 7.60% cap.
  5. Retail Center in Des Moines, IA: 12,000 SF attractive retail center on 1.48 ac outparcel to Home Depot, Office Max, Best Buy & PetSmart power center. Across from Walmart Supercenter. 100% NNN leased. NOI $246K/yr. $3.291M. 7.50% cap.
  6. Neighborhood Center in Laveen, AZ: 102,079 SF eye-catching shopping center completed in 2008 on over 12 acres of land in growing Phoenix suburbs. Anchored by Big Lots, 99 Cents Only, Big 5 Sporting Goods and Pet Club. 98% leased. Actual NOI $1.104M/yr. $16.734M. 6.60% cap.
  7. Retail Center in Phoenix, AZ: 23,239 SF attractive retail center on over 2 ac lot with big monument sign at entrance along busy corridor. 90% leased to ten tenants. Actual NOI $184K/yr. Price reduced from $2.49M to $2.29M. 8% cap.
  8. Shopping Center in Fox River Grove, IL: 72,730 SF well maintained shopping center on 6.49 ac lot in high income area with an AHI of $122K/yr in a 3 mile radius. Shadow anchored by Jewel/Osco grocery. 91% NNN leased. NOI $700K/yr. Price reduced from $8.75M. to $7.95M. 9% cap.
  9. Retail Center in Champlin, MN: 11,835 SF retail center on 2 ac lot in upper middle-class (AHI $99K/yr) Minneapolis metro.  100% leased to 7 tenants.  NOI $125K/yr. $1.672M. 7.5% 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, July 5, 2016

06-21: MOB, Burger King, DaVita, Medical Plaza, Rite Aid, Walgreens, Shopping Centers


Daily Best Commercial Properties

  1. Urgent Care Center in Fort Wayne, IN: 4800 SF built-to-suit single-tenant medical office building constructed in 2004 on .75 ac lot at a hard corner location. Close to Parkview Heart Institute Hospital and I-69. 100% NNN leased with 5 yrs left to RediMed Urgent Care North. NOI $127K/yr. $1.696M. 7.50% cap.
  2. Retail Center in Rockford, IL: 13,255 SF retail center built in 2000 on 1.46 ac lot in a fast growing area. Good visibility and two points of ingress/egress. 91% NNN leased. Actual NOI $142K/yr. $1.4M. 10.20% actual cap.
  3. Burger King in Wichita, KS: 3817 SF franchised fast food restaurant fully renovated in 2005 on .78 ac lot along busy corridor. Close to Wesley Woodlawn Hospital and ER. 37 year operation history. 20 yrs absolute NNN lease with 9 yrs left to a strong operator with 58 units. NOI $78K/yr. $1.315M. 6% cap.
  4. DaVita in Northport, AL: 4050 SF well maintained dialysis center renovated in 2013 on .47 ac lot in Tuscaloosa suburbs. Across from Northport Medical Center. In a Certificate of Need State. 100% NNN- corp lease with 8 yrs left. NOI $69K/yr with 2% annual rent increases. $1.024M. 6.75% cap.
  5. Medical Plaza in Lancaster, CA: 26,565 SF Class-B consisting of two multitenant medical office buildings on 2 ac lot in Los Angeles County. Adjacent to Antelope Valley Hospital. 92% leased. Actual NOI $363K/yr. $5.622M. 6.47% actual cap. Upside potential when fully leased.
  6. Neighborhood Center in Libertyville, IL: 101,210 SF shopping center on over 9 ac lot along major retail artery in affluent Chicago suburbs with an AHI of $140K/yr in a 1 mile ring. Anchored by XSport Fitness with 37 locations in IL, NY and VA. 85% leased. Actual NOI $1.12M/yr. $12.3M. 9.11% actual cap. Upside potential.
  7. Rite Aid in Dayton, OH: 11,180 SF Rite Aid on 1.56 ac lot at a hard corner location. With rare three points of ingress/egress. 100% NNN lease with 2 yrs left. NOI $246K/yr. $2.742M. 9% cap.
  8. Walgreens in Glendale, AZ: 15,120 SF Walgreens constructed in 2001 on 2.18 ac lot at a hard corner location in Phoenix suburbs. 20 yrs absolute NNN corp lease with 5 yrs left. NOI $269K/yr. $3.769M. 7.15% cap.
  9. MOB in South Plainfield, NJ: 11,280 SF Class-B medical office building on .68 ac lot in growing and high income (AHI $105K/yr) New York suburbs. 80% leased to multiple tenants. NOI $134K/yr. $1.79M. 7.5% cap.
  10. Shopping Center in Stoughton, MA: 73,000 SF well maintained shopping center on 6.42 ac lot anchored by PriceRite Supermarket in high income Boston MSA. Other major tenants include: Douglas Wine & Spirits, Sonic Drive-In and Rite Aid. 100% leased. NOI $978K/yr. $14.5M. 6.75% 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.

06-20: 24 Hour Fitness, Professional Buildings, MOB, Retail Centers



Daily Best Commercial Properties

  1. Shopping Center in Victorville, CA: 21,800 SF attractive shopping center on 1.66 ac lot in growing middle-class San Bernardino County. Shadow anchored by Rite-Aid Pharmacy and Stater Bros Supermarket. 94% NNN leased with excellent tenant mix including Metro PCS, Little Caesar's Pizza, Cash 4 Gold, Liberty Dental among others. NOI $474K/yr. $7.7M. 6.16% cap. Upside potential when fully leased.
  2. Retail Center in Indio, CA: 30,619 SF well kept 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.
  3. Retail Center in Pittsfield Township, MI: 27,829 SF retail center on 3 ac corner lot in growing and upper middle-class Ann Arbor metro. With easy access to I-94. 93% leased. NOI $364K/yr. $4.416M. 8.26% cap.
  4. Strip Center in Port Saint Lucie, FL: 8640 SF strip center built in 2005 on over 1 ac lot along busy corridor. 100% NNN leased to five tenants. NOI $98K/yr. $1.315M. 7.48% cap.
  5. Retail Center in Coachella, CA:10,268 SF well kept retail center at a hard corner location in Riverside County. 94% NNN leased with good tenant mix including 7-Eleven. NOI $149K/yr. $2.29M. 6.51% cap.
  6. 24 Hour Fitness in Upland, CA: 33,350 SF fitness center renovated in 2004 on over 3 ac lot along major artery in upper middle-class San Bernardino County. Tenant has been at this location for 11yrs. 15 yrs NNN lease with 4 yrs left. NOI $403K/yr. $6.208M. 6.5% cap.
  7. Professional Buildings in Orange Park, FL: 27,793 SF well maintained professional buildings in Jacksonville suburbs. Across from Orange Park Medical Center. 74% leased to multiple tenants. NOI $379K/yr. $3.95M. 9.60% cap.
  8. MOB in Rochester, PA: 34,534 SF single tenant medical office building in Pittsburgh suburbs. 20 yrs NNN corp lease with over 13 yrs left to Staunton Clinic. NOI $225K/yr. $3.214M. 7% cap.
  9. Retail Center in Norcross, GA: 21,600 SF retail center along busy corridor in growing middle-class Atlanta suburbs. 95% leased. Pro forma NOI $260K/yr.  $2.6M. 10% 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.

Friday, July 1, 2016

06-17: Walgreens, MOB, Professional Office Plaza, Retail Centers, Auto Centers


Daily Best Commercial Properties

  1. Retail Center in Sacramento, CA: 16,200 SF L-shaped retail center at a corner location and along busy corridor. Adjacent to 99 Cents Only and Harbor Freight Tools center. NOI $200K/yr. $3.05M. 6.59% cap.
  2. Retail Center in Tamarac, FL: 18,051 SF well maintained retail center along major artery in Fort Lauderdale suburbs. Major tenants include: Boost Mobile, Subway, Avon and Little Helpers Preschool. 100% leased. NOI $193K/yr. $2.7M. 7.16%cap.
  3. Walgreens in Baytown, TX: 13,905 SF Walgreens constructed in 2000 on 1.50 ac lot at a signalized corner location. Close to San Jacinto Hospital and Hwy-146. 20 yrs NNN- corp lease with over 3 yrs left. NOI $259K/yr. $3.463M. 7.50% cap.
  4. Retail Center in Tomball, TX: 20,315 SF retail center built in 2015 on over 2 ac lot in fast growing and affluent Houston metro with an AHI of $130K/yr. Tenants include: Bahama Buck's, Texas State Optical, Sport Clips, Domino's, McCardell's Tavern and Grille & Bella Boutique. 7.10% cap. NOI & price N/A.
  5. Auto Center in Mesa, AZ: 8781 SF two tenant auto center on nearly 1 ac lot at a hard corner location in Phoenix suburbs. Adjacent to Superstition Springs Center, Walmart Supercenter and Burlington Coat Factory. 100% NNN leased to Enterprise Rent-A-Car and Performance Tire & Auto. NOI $96K/yr. $1.425M. 6.74% cap.
  6. Shopping Center in Pomona, CA: 49,243 SF attractive shopping center remodeled in 2010 on 5.54 ac lot along main artery in growing and high income Los Angeles suburbs. All units face main corridor. 75% NNN leased with excellent tenant mix. Actual NOI $539K/yr. $8.305M. 6.50% actual cap. Upside potential when fully leased.
  7. MOB in Naperville, IL: 10,000 SF Class-B single-tenant medical office building completed in 2003 in affluent (AHI $121K/yr) neighborhood. 100% NNN lease with 5 yrs left. NOI $223K/yr. $3.438M. 6.50% cap.
  8. Professional Office Plaza in Hazelwood, MO: 79,980 SF Class-A multitenant professional building in St. Louis suburbs. Near SSM DePaul Hospital and Christian Hospital. Adjacent to I-270 and Hwy-67. Credit tenants include: Mercy, SSM, Lab Corp and DaVita. 8% cap. NOI & pricing 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.