09-06: shopping center, Audio production studio, Black-eyed Peas

• AHI: Avg. Household Income.  National average is about $50+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.

1.  Neighborhood Center in Lake Jackson, TX: 34,969 SF 14-unit center on 3.44 ac lot. Shadow-anchored by Kohl’s. 92% NNN leased to 12 tenants including: Famous Footware, Lane Bryant, Sally Beauty Supply, Edward Jones, Quest Diagnostic, Cricket Communication. High income town 30 minutes South of Houston.  NOI $518K/yr. $6.48M. 8% Cap.  
2. Office-R&D in Hollywood, CA: 40,315 SF recently renovated two-story highly improved audio post production facility on 1.32 ac lot.  Affluent Hollywood Media District with AHI of $113K/yr in 1 mile. 100% NNN lease till 2018 to renowned sound post operator CSS Studios, LLC a wholly owned subsidiary of Discovery Communications, Inc. (Nasdaq: DISCA.  The facility has won numerous Academy Awards for sound including The Bourne Ultimatum, Dreamgirls, Chicago, Black Hawk Down, Gladiator, Saving Private Ryan, Apollo 13, Speed and ET, Extra Terrestrial. NOI $1.057M/yr with 3% annual rent increases. $12.4M.  8.74% Cap. 
3. Retail Center in Houston, TX: 15,524 SF inline retail center shadow-anchored by Kroger and close to Fwy-290. 87% leased with several national tenants: Wells Fargo, Jackson Hewitt Tax Service, Ace Cash Express and Rainbow Fashion. NOI $220K/yr. $2.2M. 10% Cap.  
4. Neighborhood Center in Rocky Hill, CT: 109,000 SF multi-tenant center renovated in 2005 on 8.80 ac lot.  83% leased to 3 long-term tenants: Porter & Chester Institute, Davita Dialysis and Namco. Current NOI $894K/yr. $11.175M.  8% Cap.  
5. Black-Eyed Peas in Colorado Springs, CO: 5570 SF well-performing single-tenant family restaurant on 1.33 ac lot next to I-25 and adjacent to Hilton Place, Super 8, La Quinta, Days Inn and more. 100% NNN absolute NNN lease. NOI $156K/yr. $1.950M. 8% Cap.

© Transmercial 2011.

09-02: Sports Authority, Burlington Coat Factory

1. Shopping Center in Orlando, FL: 49,200 SF 12-unit shopping center built in 2008 on 5.45 acres lot in high-growth area.  Anchored by HH Gregg Appliance (NYSE: HGG).  Part of a shopping center co-anchored by Walmart Neighborhood market and Sam’s Club.  95% NNN leased.  NOI $726K/yr.  $9M. 8.07% cap. 
2. Sports Authority in Moreno Valley, CA: 40,000 SF single-tenant retail center built in 2008 on 3.35 ac lot. Adjacent to Moreno Valley Mall, Lowe’s and Costco.  Easy access to I-215 and hwy 60.  100% NNN corp lease with 9 yrs left.  NOI $670K/yr. $7.98M. 8.4% cap. 
3. Distressed Shopping Center in Lithonia, GA: 37,730 SF 13-unit upscale shopping center built in 2002 on 4.28 acres lot across from the Mall at Stonecrest in high growth & high income Atlanta metro.  68% NNN leased with 3 vacant units.  Pro forma NOI $577K/yr. $3.775M. 15.29% Pro forma cap. 
4. Burlington Coat Factory in Garden Grove, CA: 83,746 SF single-tenant retail center in densely populated city in Orange county (over 800K residents in 5 miles radius).  Easy access to hwy 22.  100% leased to Burlington Coat Factory.  NOI $628K/yr. $8.38M. 7.5% cap.

© Transmercial 2011.

09-01: FREE SEMINAR. Bucca Di Beppo, Long John Silver's, shopping center

Welcome new investors.  Each property has a brief description and a flyer (attached).  Previous lists are posted on Transmercial’s blog after 2 weeks delay. Please click here to see how Transmercial selects the following properties among 300-400 properties between $700K-$20M on the market today (please advise if you are interested in properties above $20M).  Underlined names if any indicate safe hyperlinks that you can click for more info.

For a full marketing brochure, please forward the email to maria@transmercial.com and specify the property number.  We may ask you for feedback later for the listing broker.  If so, please cooperate.

·         AHI: Avg. Household Income.  National average is about $50+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.

1. Strip Center in Boardman, OH: 7520 SF recently renovated strip center on .42 ac lot across from Southern Mall in Youngtown metro. 100% NNN leased. NOI $78K/yr. $979K. 8% Cap. 
2. Buca Di Beppo in Maitland, FL: 8071 SF restaurant on 1.35 ac lot in well-off neighborhood (AHI $90K/yr) along Hwy-17 in Orlando metro. Absolute NNN corporate lease till 2025. NOI $182K/yr with 1.5% annual rent bumps. $2.434M. 7.5% Cap. 
3. Shopping Center in Kendall, FL: 23,678 SF well-maintained shopping center outparcel to The Home Depot in high income (AHI $85K/yr in 1 mile) Miami suburbs. 100% leased. NOI $479K/yr. $6.150M. 7.80% Cap. 
4. Long John Silver’s in Melbourne, FL: 2060 SF single-tenant restaurant on 1.21 ac lot in front of Hilton Hotel and close to Melbourne International Terminal. 100% NNN leased to multi-unit operator. NOI $84K/yr. $1.083M. 7.75% Cap.
5.  Shopping Center in Union city, GA: 101,021 SF shopping center on 10.45 acres lot next to I-85 exit in Atlanta suburbs.  Anchored by 57,036 SF Kroger supermarket, with 2010 store’s sales of over $22M/yr., Advance Auto, and Chase.  100% NNN leased to 22 tenants.  NOI $1.227M.  Unpriced but expected to trade at 8.5% cap or $14.4M. 
6. Shopping Center in Hampton, VA: 20,000 SF attractive shopping center built in 2006 near  Sentara Careplex Hospital and I-64. 88% leased. NOI $212K/yr. $2.8M. 7.60% Cap. 
7. Retail Center in Desert Hot Springs, CA: 17,200 SF retail center shadow-anchored by Vons & across from Big K-Mart. 100% leased. NOI $173K/yr. $2.1M. 8.25% Cap.

FREE “How to invest in commercial real estate” seminar/webinar. 

Date: Sat Sept 24, 2011

Time: 8:55AM to 11:30AM PST

Place: Transmercial at 1340 Tully Rd.  suite 307.  San Jose CA 95122

You can also attend the seminar remotely if you have a PC with Internet access (to see the presentation) and phone (to listen in and ask questions).

Presenter: David Tran

This seminar is intended for investors who would like to understand the fundamentals of commercial real estate investment:

• Compare commercial vs. residential investment properties.
• Commercial real estate terminology: cap rate, NOI, etc.
• Which property type should you invest? Shopping strip, Office building, Apartment, or Gas station? Single tenant or multi-tenant properties?
• How to choose a good investment property.
• Investment returns
• National demographic trends that may influence on where to invest
• Where should you invest?  
• Leases: gross lease, net lease, & percentage lease. Which one investors prefer?
• Property Management issues.
• What you should know about financing for commercial properties.
• The offer process, due diligence.

Please use attached form for reservation for both seminar and webinar. Webinar instruction will be emailed 1 week before the presentation date.

© Transmercial 2011

08-31: Hardees, Peter Piper Pizza, Strip Centers, Office Building

1. Hardee’s in Indianapolis, IN: 3377 SF restaurant on 1.39 ac corner lot 1 block from I-74 in high income area.  20 yrs absolute NNN corp lease.  NOI $100K/yr. with 10% rent bump every 5 yrs.  $1.312M. 7.65% cap.  
2. Peter Piper Pizza in Albuquerque, NM: 12,000 SF 5 yrs old pizza restaurant on 2.2 acres lot in high growth & high income area.  15 yrs NNN corp with 10 yrs remaining to Peter Piper Pizza, a regional chain with 135 locations.  NOI $214K/yr with rent bump every 5 yrs.  $2.55M. 8.4% cap.
3.  Strip Center in Forney, TX: 4350 SF strip center on 1.1 acres lot  across from Walmart super store and Lowe’s in Dallas suburbs.  100% NNN leased to 3 national tenants: Starbucks, GameStop and Cash Store.  NOI $146K/yr. $1.467M. 10% cap. 
4. Office Building in Maitland, FL: 7542 SF 2-stories beautiful single-tenant office building constructed in 1999 on 1.17 ac lot next to I-4 in affluent Orlando metro. 100% NNN lease with 7 yrs left to BB&T Insurance Services, a national tenant. NOI $158K/yr. $$1.915M. 8.25% Cap.
5.  Shopping center in Clarkston, GA: 39,590 SF shopping center on 5.37 acres lot next to hwy 410 exit in Atlanta metro. 100% leased to 19 tenants and 4 cell towers.  NOI $590K/yr. $5.9M. 10% cap.

© Transmercial 2011

08-30: Binny's Beverage Depot, Hooters, Advance Auto Parts, CVS Pharmacy, Texas Land and Cattle Restaurant

1. CVS Pharmacy in Daytona Beach, FL: 10,981 SF well-performing drug-store on 1.60 ac lot at main intersection close to hospital. 100% leased. NOI $291K/yr. $3.650M. 8% Cap. 
2. Advance Auto Parts in Brownsville, TX: 7000 SF attractive auto parts store built in 2004 with excellent visibility along main blvd. NNN leased till 2019. NOI $85K/yr with 10% increase in year 10 and in options. $1.074M. 8% Cap. 
3. Office Building in Maitland, FL: 7542 SF 2-stories beautiful single-tenant office building constructed in 1999 on 1.17 ac lot next to I-4 in affluent Orlando metro. 100% NNN leased. NOI $158K/yr. $$1.915M. 8.25% Cap.  
4. Hooters in Appleton, WI: 4289 SF restaurant built in 2002 across from Fox River Mall & at a signalized corner. 100% NNN corporate lease with 11-yrs remaining on lease. NOI $141K/yr. with 10% rent bumps every 5-yrs. $1.826M. 7.75% Cap. 
5. Binny’s Beverage Depot in Bloomingdale, IL: 27,508 SF newly renovated single-tenant retail center on 2.78 acres lot across from 900,000 SF power center with Walmart, Super Target, Best Buy, Michaels, Pier 1 Import, Ross, Old Navy, TJ Maxx, Dick’s Sporting Goods, Office Max, Party City, Party City, and JoAnn Fabrics.  Close to 1.3 Million SF Stratford Square Mall.  Affluent Chicago suburbs. 20 yrs NNN lease to Binny’s Beverage Depot, #1 independent wine & spirit retailer in IL with 26 stores and $250M in annual sales.  New 20 yrs NNN- lease. NOI $293K/yr. with 7.5% rent bump every 5 yrs.  $3.78M. 7.75% cap. 
6. Texas Land & Cattle in Austin, TX: 7537 SF free-standing restaurant next to Lowe’s Home Improvement off of I-35. Absolute NNN lease till 2023. NOI $282K/yr. $3.136M. 9% Cap. 
7. Office Complex in Bradenton, FL: 25,186 SF multi-tenant office complex across from Desoto Square Mall and next to 301-Blvd. 100% NNN leased to long-term tenants. NOI $304K/yr. $3.8M. 8% Cap. 
8. Shopping Center in Clarkston, GA: 39,590 SF shopping center next to busy thoroughfare and in close proximity to I-285 in fast growing Atlanta MSA. 100% leased. NOI $590K/yr. $5.9M. 10% Cap. 
9. Shopping Center in Sunrise, FL: 104,853 SF well-maintained shopping center anchored by Staples in prosperous (AHI $100K/yr) Fort Lauderdale suburbs next to I-75. 56% leased to 24 tenants. NOI $1.040M/yr. $13M. 8% Cap. Upside Potential.

© Transmercial 2011