08-07: Orchard Supply Hardware, McDonalds, Rite Aid, MOB

1. Retail Center in Tustin, CA: 6699 SF attractive retail center built in 2002 on .53 ac hard corner lot in densely populated Southern CA. Next to I-5. 100% NNN leased. NOI $233K/yr. $3.5M. 6.70% proforma cap. 
2. Retail Center in Lewisville, TX: 15,000 SF retail center on 1.55 ac lot in growing Dallas metro. At main entrance to Lakepointe Towne Crossing: a specialty center anchored by Super Target. Near Vista Ridge Mall and easy access to I-35E. 90% NNN leased. NOI $311K/yr. $3.67M. 8.50% cap. 
3. Orchard Supply Hardware in Santa Rosa, CA: 42,646 SF single tenant retail building constructed in 2009 on 3+ ac lot in middle class area North of San Francisco. Adjacent to Coddingtown Mall and next to Hwy-101. 100% NNN- corp lease with 12 yrs left. NOI $752K/yr with 10% rent increases every 5 yrs. $10.818M. 7% cap. 
4. Strip Center in Mesa, AZ: 9920 SF strip center built in 2005 on 1.73 ac lot anchored by Wells Fargo across from Mountain Vista Medical Center and near Hwy-60. 70% leased to six tenants. NOI $91K/yr. $1.6M. 5.72% cap. Upside potential. 
5. McDonalds in Bensenville, IL: 4000 SF drive-thru fast food restaurant built in 2000 on .92 ac lot in high income area and close to Chicago O’Hare International Airport. 20 yrs absolute NNN corp ground lease with 8 yrs left. NOI $72K/yr. $1.385M. 5.25% cap. 
6. KFC in Norfolk, VA: 2845 SF restaurant on .80 ac lot near Sentara Norfolk General Hospital in upper middle-class neighborhood. New 20 yrs absolute NNN lease to strong operator with 163 units. NOI $69K/yr with 10% rent bumps every 5 yrs. $1.032M. 6.75% cap. 
7. Rite Aid in Virginia Beach, VA: 12,784 SF drug store on 3.25 acres lot at a hard corner location near I-64. 100% NNN lease with 13 yrs remaining. NOI $315K/yr. $3.715M. 8.50% cap.  
8. MOB in Freeport, NY: 16,160 SF Class-B medical office building on .75 ac lot in densely-populated (421K resident within 5 miles ring) & wealthy (AHI $124K/yr within 3 miles) New York suburbs. 95% leased. NOI $180K/yr. $2.5M. 7.20% cap. 
9. Strip Center in Berwyn, IL: 6682 SF strip center built in 2002 on .57 ac lot at a signalized corner location in Chicago suburbs. 100% leased. NOI $114K/yr. $1.6M. 7.18% cap.

08-06: Tires Plus, Chuck E Cheese's, MOB, Neighborhood Centers

1. Shopping Center in Indianapolis, IN: 23,340 SF shopping center built in 2000 on 1.80 ac lot at a hard corner location. Close to Lafayette Square, Westview Hospital and I-65. 81% leased to Advance America, Bell Appliance Parts, Beyond Tech, El Parral and three local professional tenants. NOI $126K/yr. $1.325M. 9.51% cap. Upside potential.
2. Tires Plus in Jacksonville, FL: 5216 SF car care center on .68 ac lot at a high traffic location. Near Regency Square Mall and Hwy-9A. 100% NNN lease with 6 yrs left to Bridgestone. NOI $149K/yr. $1.75M. 8.54% cap.
3. Retail Center in Jackson, TN: 13,176 SF retail center built in 2001 on 1.70 ac lot at a hard corner location off Hwy-45 and easy access to I-40. Tenants include: Starbucks Coffee, Baskin Robbins, Edward Jone’s, WeightWatchers, Happy Nails, Mam’selle, Madison Men and United Steaks.  Across from Wal-Mart and Sam’s Club. 100% leased. NOI $268K/yr. $3.469M. 7.75% cap.
4. Retail Building in Buford, GA: 4500 SF well maintained retail building on .46 ac outparcel to a redeveloped 164,000 SF center in Atlanta metro. 100% NNN lease by two tenants: Wings & Philly and 39 Cent Card and Bargain Store. NOI $62K/yr. $746K. $8.38% cap.
5. Office Building in Brentwood, TN: 40,049 SF four story high quality constructed office building built in 1995 on 2.56 ac lot in affluent (AHI $183K/yr within 1 mile) Nashville suburbs. 100% leased to six high quality tenants. NOI $484K/yr. $5.7M. 8.50% cap.
6. Chuck E Cheese’s in Brookfield, WI: 19,800 SF Chuck E. Cheese at main retail corridor and near I-94 in prosperous Milwaukee suburbs with an AHI of $139K/yr in 1 mile.  25 yrs NNN- corp lease with 11 yrs remaining.  Tenant has been here since 1988.  NOI $298K/yr. $4.26M. 7% cap.
7. Shopping Center in Red Oak, TX: 42,730 SF shopping center built in 2006 on 3+ ac lot in fast growing middle class Dallas metro. Across from Red Oaks new High School.  85% leased. NOI $411K/yr. $4.95M. 8.31% cap.
8. MOB in Goose Creek, SC: 6850 SF Class-B medical building on .90 ac lot in a growing North Charleston metro, a coastal town. 75% leased to Crowfield Spine Center and Charleston ENT. 75% leased with only 1,700 SF vacant unit. NOI $102K/yr.   $1.2M. 8.5% cap.
9. Neighborhood Center in Grayson, GA: 33,125 SF shopping center built in 2007 on 12 ac of land anchored by Bodyplex Fitness. Along Loganville Hwy in fast growing and high income Atlanta suburbs. 96% leased. NOI $524K/yr. $6.125M. 8.50% cap.

© Transmercial 2012

08-03: Pep Boys Auto, Dollar General, Retail Centers

1. Pep Boys Auto in Arlington Heights, IL: 20,464 SF free standing auto center built in 1995 at main retail corridor in affluent Chicago suburbs with AHI of $114K/yr within 1 mile. Ingress/egress from two major thoroughfares. Across from Town And Country Mall. 100% NNN lease with 10½ yrs left. NOI $504K/yr with 1.5% annual rent increases. $6.965M. 7.25% cap.
2. Retail Center in Indianapolis, IN: 17,126 SF well maintained retail center at a hard corner location in densely populated area. 100% leased to T-Mobile, Ace Beauty, Big City Grill, Art Nails, Hang Time, Mr. Bigz and China King. NOI $262K/yr. $3M. 8.74% cap.
3. Pep Boys Auto in Albuquerque, NM: 21,768 SF auto center built in 1990 in middle class area. Across from Lowes, Petco and close to Cottonwood Mall. 100% NNN lease with 10+ yrs left. NOI $310K/yr with 1.5% annual rent bumps. $4.138M. 7.50% cap.
4. Dollar General in Jacksonville, FL: 9014 SF retail building constructed in 2010 on 1.24 ac lot with ingress/egress from s from two streets. 15 yrs NNN corp lease with 13 yrs left. NOI $111K/yr. $1.393M. 8% cap.
5. Strip Center in Saint Peters, MO: 9800 SF strip center in upper middle class St Louis suburbs. Close to St Charles Community College. 100% NNN leased. NOI $97K/yr. $1.2M. 8.10% cap.
6. Retail Building in Schaumburg, IL: 7000 SF retail center built in 1994 at a hard corner location outparcel to Prairie Towne Center in high income Chicago metro. Across from Home Depot and near Target, Jewel Osco and Bally’s. 100% NNN corp leased to Starbucks Coffee,Sprint and Sexson Orthodontics. NOI $175K/yr. $1.895M. 9.25% cap.
7. Retail Center in Bentonville, AR: 14,974 SF retail center built in 2005 on 1.51 ac lot close to Northwest Medical Center, Scottsdale Center and I-540. 83% leased. NOI $92K/yr. $1.345M. 7% cap.

© Transmercial 2012

08-02: DaVita, Pep Boys Auto, Hooters, Fresh & Easy, MOB

1. DaVita in Apopka, FL: 8586 SF B dialysis center built in 2006 on 1.17 ac lot in Orlando suburbs. 15 yrs NNN- lease with 9 yrs left. NOI $245K/yr with CPI increases every 3 yrs. Price reduced from $3.146M to $2.9M. 8.46% cap.
2. Pep Boys Auto in Houston, TX: 6966 SF auto parts and service center built in 1999 on .69 ac lot across from Kroger Supermarket and close to Hwy-290. 100% NNN corp lease with 9 yrs left. NOI $99K/yr. $1.333M. 7.50% cap.
3. Chili’s in Hendersonville, TN: 5874 SF Chili’s restaurant built in 2006 on 1.75 ac outparcel to Home Depot in growing and affluent (AHI $120K/yr) Nashville suburbs. Adjacent to Wal-Mart supercenter. 100% absolute NNN ground lease with 4 yrs left. NOI $104K/yr. $1.576M. 6.66% cap. Store with strong $1.9M in sales.
4. Retail Center in Lawrenceville, GA: 20,850 SF newly constructed retail center on 2+ ac lot along Hwy-20 in fast growing and high income Atlanta metro. All units are facing hwy-20. NOI $239K/yr. $3.085M. 7.75% cap.
5. Hooters in Florissant, MO: 5048 SF Hooters restaurant built in 2007 on 1½ ac lot on Hwy-67 in St Louis suburbs. Across from The Shoppes at Cross Keys: a 335,000 SF Power Center anchored by Home Depot, Schnuck’s Auto Parts, Barnes & Noble and Marshalls.  20 yrs absolute NNN corp lease with 15 yrs left. NOI $175K/yr with 10% rent increases every 5 yrs. $2.51M. 7% cap.
6. Strip Center in Saint Petersburg, FL: 10,792 SF strip center built in 2005. 100% NNN leased to national tenants including Chase and Chipotle Mexican Grill. 7.25% cap. Price/NOI not disclosed.
7. Retail Center in Fremont, CA: 14,818 SF retail center built in 2001 on 1.31 ac lot in affluent Silicon Valley suburbs (AHI $110K/yr in 1 mile). Across from The Home Depot and next to REI. Easy access to I-880 and I-680. 100% leased to 10 national/local tenants including Starbucks, Tech Fed Credit Union, and Supercuts. NOI $475K/yr. $7.25M. 6.56% cap.
8. Retail Building in Bakersfield, CA: 6720 SF well maintained retail building on .39 ac outparcel to Lowe’s and Foods Co at a hard corner location. 100% NNN leased to O’Reilly Auto Parts and Liquor store. NOI $94K/yr. $1.375M. 6.90% cap.
9. Fresh & Easy in Yucaipa, CA: 13,969 SF Fresh & Easy market built in 2008 on 1.54 ac lot at a busy intersection in a fast growing and prosperous (AHI $95K/yr within 1 mile radius) San Bernardino suburb. 20 yrs NNN corp lease with 16 yrs left. NOI $170K/yr with 10% rent bumps every 5 yrs. $2.84M. 6% cap.
10. MOB in Bartlett, TN: 30,583 SF Class-A medical building constructed in 2004 in high income Memphis suburbs. Across from St Francis Hospital & close to Wolfchase Galleria and I-40.  100% NNN leased to multiple tenants. NOI $480K/yr. $6.2M. 7.75% cap.

© Transmercial 2012

08-01: The Home Depot, Pizza Hut & Wing Stop, MOB

1. Retail Center in Clive, IA: 19,915 SF recently renovated retail center close to I-35/80 in high income (AHI $103K/yr within 3 miles) Des Moines suburbs. Across from Valley West Mall. 81% NN leased. NOI $232K/yr. $2.85M. 8.16% cap.
2. MOB in Bettendorf, IA: 39,899 SF medical office building constructed in 1996 on nearly 4 acres of land near I-74 in upper middle class area. Near four main regional Hospital campuses. 92% NNN lease to Genesis Health Systems (Moody’s A1) with 7 yrs left. Tenant has been here since 1996.  NOI $542K/yr. $6.1M. 8.93% cap.
3. Retail Center in Stockton, CA: 28,914 SF newly constructed two tenant retail center as part of a power center. Co-tenants: Pier 1, Smart & Final, TJ Maxx, Toy’s R Us, Mancini’s Sleep World and Sketchers. 100% NNN corp leased to Michaels & Anna’s Linens. NOI $505K/yr. $6.975M. 7.25% cap.
4. Home Depot in San Jose, CA: 1222,265 SF Home Depot built in 1997 on 11.45 acres lot  next to Hwy-87 in prime commercial corridor in high income Silicon Valley (AHI $97K/yr). Area with high barrier to entry. 25 yrs absolute NNN corp ground lease with 22 yrs left. NOI $561K/yr with 10% rent bumps every 5 yrs. Price not disclosed.
5. Shopping Center in Lockport, IL: 19,180 SF shopping center built in 2008 on 5½ ac lot anchored by Fresenius in high income Chicago suburbs. New lighted intersection scheduled in front of the center by Fall 2012. 100% leased 5 tenants. NOI $270K/yr. $2.7M. 10% cap. 
6. Pizza Hut & Wing Stop in Brandon, MS: 3559 SF fast food restaurant at busy retail corridor. Across from Crossgates River Oakes Hospital and near I-20 in Jackson metro. 100% NNN corp lease with 9 yrs left. NOI $107K/yr with a 5% rent increase in 2016. $1.43M. 7.50% cap.
7. Retail Building in Avondale, AZ: 2640 SF in-line retail building built in 2008 on .32 ac lot next to Fresh & Easy Market. 100% leased to Little Caesar’s Pizza and Edward D. Jones Investments. NOI $59K/yr. $675K. 8.80% cap. Great for first time investors.
8. Retail Center in Reno, NV: 15,315 SF retail center on 1.36 ac lot at hard corner location. Across from Park Lane Mall. 96% NNN leased. NOI $101K/yr. $1.1M. 10% cap.
9. Retail Center in Columbus, GA: 7760 SF retail center built in 2002 on 1 ac lot at main retail location close to Hwy-80/22 and I-185 in high income area. Adjacent to Bradley Park Crossing center with Publix, Target, PetSmart, Michael’s and more.100% NNN leased. NOI $135K/yr.$1.695M. 8% cap. 

© Transmercial 2012

07-31: Home Depot, Big Lots, O'Reilly Auto Parts, Old Country Buffet, Carinos Italian Grill, Jiffy Lube

Welcome new investors.  Transmercial is the only company that offers this list of best properties between $700K to $20M in 50 states.  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 on the market).  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.  We may ask you for feedback later for the listing brokers.  If so, please help.

Below are the most commonly used acronyms:

• 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. Home Depot in Las Vegas, NV: 102,370 SF Home Depot built in 1992 on over 9 ac lot off I-515 in fast growing middle class Las Vegas metro.  Across 346,000 SF Power Center anchored by Wal-Mart, Office Depot, Party City and more.  100% NNN with 6 yrs left.  NOI $1.074M /yr.  $15.915M. 6.75% cap.
2. Strip Center in Sacramento, CA: 12,561 SF strip center built in 1990 on 1.42 ac lot at busy corridor. Across from light rail station and near Fwy-50. 71% leased to 5 tenants with 2 vacant spaces. NOI $125K/yr. $1.525M. 8.20% cap. Upside potential when fully leased.
3. Big Lots in Carpentersville, IL: 32,000 SF big box retail building in fast growing and high income (AHI $95K/yr) Chicago suburbs.  Across from Springhill Mall. 100% NNN lease with 7 yrs left. NOI $160K/yr. $2.2M. 7.30% cap.
4. Strip Center in Sebastopol, CA: 8362 SF well maintained strip center anchored by E-Eleven in Sonoma County. 100% NNN leased to long-term tenants. NOI $129K/yr. $1.78M. 7.25% cap.
5. O’Reilly Auto Parts in Ontario, CA: brand new 10,974 SF O’Reilly Auto Parts on .90 ac lot at hard corner location along main thoroughfare and with easy access to I-10 in Rancho Cucamonga suburbs. 15-yrs absolute NNN corp lease. NOI $98K/yr with 6% rent increases every 5 yrs. $1.646M. 6% cap.
6. Old Country Buffet in Mesa, AZ: 9124 SF Old Country Buffet on 1.82 ac outparcel to Superstition Springs Mall and near Fwy-60. 100% NNN lease. NOI $175K/yr. $2.15M. 8.18% cap.
7. Strip Center in Norwalk, CA: 9544 SF strip center at a signalized corner location near I-5. 100% NNN leased to City Bank, Orthopedic, Farmers insurance, Mind's Eye and Donut shop. NOI $160K/yr. $2.14M. 7.50% cap.
8. MOB in Riverside IL: 14,925 SF newly remodeled medical office building close to hospitals. Current tenants: American Cancer Society, Adventist Healthcare and two other medical practices. Only 3,400 SF vacant unit. $2.49M.  Cap/NOI not provided.
9. Carino’s Italian Grill in Longmont, CO: 6938 SF Italian restaurant built in 1999 in affluent Denver’s suburbs (AHI $104K/yr).  Across from Twin Peaks Mall.  100% absolute NNN corp lease.  NOI $152K/yr with annual rent increases. $2.028M. 7.5% cap.
10. Jiffy Lube in Colorado Springs, CO: 3020 SF recently renovated Jiffy Lube on .41 ac lot at a hard corner location and close to I-25 in Colorado Springs metro. 15 yrs absolute NNN lease. NOI $111K/yr. $1.388M. 8% cap.  

© Transmercial 2012

07-30: Macaroni Grill, Applebee's, Shopping Centers

1. Retail Building in Erie, PA: 4800 SF retail building constructed in 2007 on .72 ac lot at major retail artery with nearly 40,000 VPD and close to I-90. Tenants include: T-Mobile and The Exchange. 100% NNN leased to T-Mobile and The Exchange. NOI $134K/yr. $1.68M. 8% cap.
2. Shopping Center in Thornton, CO: 16,187 SF attractive shopping center built in 2006 on 2.45 ac lot at high traffic location in Denver metro. 74% of tenants are Physicians or medical related service. NNN leases. NOI $320K/yr. $3.95M. 8.12% cap.
3. Shopping Center in Tampa, FL: 40,659 SF well maintained shopping center on 4.43 ac lot close to University of South Florida and University Square Mall. 78% NNN leased to established tenants. NOI $487K/yr. $6.1M. 8% cap.
4. Macaroni Grill in Folsom, CA: 7042 SF Italian restaurant built in 2001 on 1.53 ac outparcel to Broadstone Plaza: a power center anchored by The Home Depot, Michaels, PetSmart, Old Navy and more. 100% absolute NNN corp lease with 16 yrs left. NOI $191K/yr with 10% rent increases in primary term and options. $2.86M. 6.68% cap.
5. Retail Center in Toledo, OH: 17,140 SF retail center built in 2006 next to Kroger and I-75. Tenants include: DaVita Dialysis, Little Caesars, Great Clips, The Goodwill, China King, Blue Quarry and Memorize. 100% NNN leased. NOI $212K/yr. $2.125M. 10% cap.
6. Shopping Center in Missouri City, TX: 19,156 SF high-quality constructed shopping center built in 2010 on nearly 2 acres of land along Hwy-6 in affluent Houston suburbs. 100% NNN leased. NOI $234K/yr. $5.3M. 6.10% cap.
7. Applebee’s in Saint Augustine, FL:  5766 SF Applebee’s restaurant built in 1993 on 1.40 ac lot at a major retail corridor and close to Flagler Hospital. New 20 yrs NNN lease to an experienced franchisee. NOI $220K/yr with 6% rent bumps every 5 yrs. $2.993M.7.35% cap.
8. Strip Center in Portland, OR: 14,245 SF strip center built in 2005 on 2.50 ac outparcel to Walmart at high income area. Close to 1.5M SF Clackamas Town Center and I-205. 100% NNN leased. NOI $201K/yr. $2.010M. 10% cap.

© Transmercial 2012

07-27: Logans Roadhouse, Taco Bell, Wendy's, Family Dollar, O'Reilly, MOB

1. Logan’s Roadhouse in Warner Robins, GA: 8060 SF steakhouse restaurant built in 2004 on 2+ ac lot at a hard corner location. Across from Wal-Mart Supercenter, Lowe’s and The Home Depot anchored centers. 100% absolute NNN corp lease with 14 yrs left. NOI $204K/yr with 1.75% annual rent increases. $2.728M. 7.50% cap. 
2. Taco Bell in Kissimmee, FL: 3500 SF free standing restaurant on 1+ ac lot at hard corner location of Hwy-192 in Orlando suburbs. Across from Poinciana Place: 124,000 SF center anchored by Publix. 100% absolute NNN corp lease with 5 yrs left. NOI $161K/yr with a 10% rent bump in 2014. $2.224M. 7.25% cap. 
3. MOB in Brooksville, FL: 28,400 SF medical office building constructed in 1991 on 4 ac lot close to Oak Hill Hospital in Tampa suburbs. 100% NN leased to Lab Corp & 7 doctors. NOI $229K/yr. $2.59M. 8.87% cap. 
4. Wendy’s in Knoxville, TN: 3094 SF Wendy’s restaurant on .99 ac adjacent to Knoxville Center Mall and next to I-640. 100% NNN lease with 9 yrs left. NOI $100K/yr. $1.41M. 7.15% cap. 
5. Family Dollar in San Antonio, TX: 8320 SF brand new retail building on 1.25 ac lot close to SouthWest Research Institute and I-410. 10 yrs NNN- corp lease. NOI $105K/yr. $1.317M. 8% cap. 
6. O’Reilly Auto Parts in Yuba City, CA: 8200 SF retail building about 30 min North of Sacramento. At main retail corridor next to Yuba Sutter Mall and near Hyw-99. 100% NNN lease with 6 yrs left. NO $108K/yr. $1.483M. 7.34% cap.

© Transmercial 2012

07-26: Buffalo Wild Wings, Joe's Grab Shack, MOB, Office Buildings

Welcome new investors.  Transmercial is the only company that offers this list of best properties between $700K to $20M in 50 states.  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 on the market).  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.  We may ask you for feedback later for the listing brokers.  If so, please help.

Below are the most commonly used acronyms:

• 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.  Buffalo Wild Wings in Fishers, IN: 6000 SF single tenant restaurant built in 2009 on .90 ac lot in affluent Indianapolis suburbs (AHI $142K/yr within 1 mile). 100% absolute NNN lease with 7+ yrs left. NOI $168K/yr. $2.1M. 8% cap. 
2. Joe’s Grab Shack in Kissimmee, FL: 7000 SF brand new built-to-suit seafood restaurant at high main retail corridor & in middle-class Orlando suburbs. 15 yrs absolute NNN corp ground lease (land is for sale) to a national chain with 122 locations nationwide. NOI $159K/yr with 10% rent increases every 5 yrs. $2.362M. 6.75% cap. 
3. Shopping Center in Lubbock, TX: 41,190 SF shopping center built in 2007 on 3+ ac lot at hard corner location close to Loop 289 and Fwy-82. 81% NNN leased. NOI $374K/yr. $4.4M. 8.43% cap. Upside potential. 
4. Retail Center in Boise, ID: 7737 SF high quality constructed retail center built in 2006 at high traffic location. Close to St Alphonsus Regional Medical Center, Boise Towne Square and I-184. 100% leased to Subway, EOS Tanning, Adam & Eve and Money Train. NOI $106K/yr. $1.374M. 7.76% cap. Buyer to assume $897K loan at 6.27% interest rate. 
5. MOB in Warner Robins, GA: 7024 SF Class-A medical office building on 1.70 ac lot in a growing middle class area. 100% leased to Lakeview Surgery Center and The Nexus Paid Center. 100% NNN- leased till 2021. NOI $193K/yr. $1.93M. 10% cap. 
6. MOB in Charlotte, NC: 5507 SF newly renovated medical building on .86 ac lot at highly visible location. 10 yrs NNN- lease. $1.032M. NOI/Cap not provided. 
7. Office Building in Port Saint Lucie, FL: 36,000 SF well maintained office building across from Digital Domain Park and close to I-95. 92% leased with only one vacancy. NOI $382K/yr. $4.3M. 8.90% cap. 
8. Office Complex in Southlake, TX: 14,848 SF beautiful office buildings on 1.94 acres of and in affluent (AHI $222K/yr in 1 mile) Dallas metro. Close to Southlake Town Square, Gateway Plaza and Hwy-114. 100% NNN leased. NOI $321K/yr. $3.7M. 8.70% cap. 

© Transmercial 2012

07-25: Jack in the Box, KFC, Fresenius, Family Dollar, Captain D's, Tire Works, O'Reilly

1. Jack in the Box in Redding, CA: 2400 SF drive-thru fast food restaurant built in 2000 on .87 ac outparcel to AM/PM and Arco gas station. In growing middle class city in Northern CA. 18-yrs absolute NNN corp lease with 6 yrs left. NOI $117K/yr with 10% rent increases every 5 yrs. $1.809M. 6.5% cap.
2. KFC in Silverdale, WA: 2242 SF KFC built in 1990 & recently remodeled on .68 ac outparcel to 100+ stores Kitsap Mall in Seattle metro. 30 yrs absolute NNN lease with 19 yrs left to an operator with 6 locations.  NOI $89K/yr.  $1.372M. 6.50% cap.
3. Fresenius in Brandon, MS: 6671 SF expanded dialysis center built in 1995 on .66 ac lot close to I-20 in high income (AHI $88K/yr)Jackson suburbs. Near Crossgates River Oak Hospital. 10 yrs NNN lease with 5 yrs left. Tenant has been at this location since 2002. NOI $73K/yr. $899K. 8.15% cap.
4. Family Dollar in Tampa, FL: 10,000 SF retail building constructed in 2003 close to I-275. Across from Tampa Greyhound Track: one of the largest dog tracks in the country. New 10 yrs NNN-  corp lease. Tenant has been at this location since 2003. NOI $88K/yr. $1.074M. 8.25% cap.
5. Retail Center in Blaine, MN: 10,034 SF attractive retail center built in 2005 next to Northtown Mall and close to Hwy 610/10 in St Paul suburbs. 100% leased to national tenants. NOI $280K/yr. $3.7M. 8.54% cap.
6. Captain D’s Seafood in Louisville, KY: 2510 SF recently upgraded interior/exterior restaurant on .63 ac lot at busy corridor close to I-265. 20 yrs NNN lease with 10+ yrs left. NOI $67K/yr with a 10% rent increase is 2018.
7. Tire Works in Las Vegas, NV: 6232 SF newly constructed auto repair center on .63 ac lot in fast growing (1,182% pop growth since 2000) and high income area. 100% NNN lease with 11 yrs left. NOI $199K/yr with 12% rent increases every 5 yrs. $2.664M. 7.50% cap.
8. Retail Center in Indianapolis, IN: 8844 SF retail center built in 2007 on nearly 1 ac lot at a signalized intersection. Across from Southern Plaza anchored by Kroger, Office Depot and Family Dollar. Close to University of Indianapolis and I-465/74. 100% leased to FedEx Office, Aspen Dental, AT&T and SunTan City. NOI $259K/yr. $3.346M. 7.75% cap.
9. O’Reilly Auto Parts in Pleasant Grove, UT: 7000 SF auto parts store built in 2004 on .69 ac lot in growing city just South of Salt Lake City. Facing Hwy-89. Close to Wal-Mart and University Mall. 20 yrs NNN corp lease with 7 yrs left. NOI $115K/yr with 10% rent increase in 2015. $1.711M. 6.75% cap.

© Transmercial 2012

07-24: Boston Market, Aaron's, MOB, Office Buildings, Neighborhood Centers

1. Boston Market in Plano, TX: 3309 SF drive-thru retail building on .76 ac lot along main corridor in growing Dallas suburbs. 20 yrs absolute NNN corp lease with 15 yrs left. NOI $153K/yr with 2% annual rent increases. $2.042M. 7.5% cap. Note: no flyer for this property but full brochure available. 
2. Retail Center in Montgomery, IL: 11,188 SF newly constructed retail center at a hard corner location in growing and high income Chicago suburbs. Across from Wal-mart supercenter and adjacent to Walgreens. 100% NNN leased to 7 tenants: Jimmy John's, T-Mobile, Gold Max USA, Smoke Plus, Rosati's Pizza, Sport Clips and Jenny's Nail Spa. NOI $247K/yr. $2.96M. 8.35% cap.
3. Shopping Center in Sacramento, CA: 44,684 SF shopping center consisting of two buildings: 20,604 SF 100% leased free-standing building and 24,080 SF 85% leased multi-tenant retail tenants. Across from 484,500 SF Florin Town Center. NOI $472K/yr. $5.305M. 8.90% cap.
4. Retail Center in Hixson, TN: 12,640 SF retail center built in 2010 on 1.40 ac lot in fast growing Chattanooga suburbs. Across from Target and close to Wal-Mart and Northgate Mall 100% NNN leased to Aspen Dental, Gigi’s Cupcakes, Inkredible Cartridge, Batteries Plus, Sun Tan City and Achieve Medical. NOI $291K/yr. $3.515M. 8.29% cap.
5. MOB in Oklahoma City, OK: 6500 SF well maintained medical building constructed in 1998 on .48 ac lot close to Integris Baptist Medical Center, Deaconess Hospital and Hwy-3/74. 78% leased. $900K. NOI/Cap not provided.
6. Strip Center in Brooklyn Park, MN: 7000 SF strip center built in 1998 on 1 ac lot at high traffic location in Minneapolis suburbs. Great demographics: AHI $80K/yr within 1 mile. 100% NNN leased with long term tenants. NOI $74K/yr. $930K. 8% cap.
7. Neighborhood Center in Oklahoma City, OK: 125,394 SF beautiful shopping center at prominent retail & high income area. Across from Target and Ace Hardware.  96% leased to credit tenants. $13.2M. NOI/Cap not provided.
8. Retail Center in O’Fallon, IL: 10,309 SF retail center built in 1999 on nearly 1 ac lot at main retail corridor in Saint Louis metro. Tenants include: H&R Block, Domino's Pizza, China King, Sushi Ai, Subliminal Subs, Kingdom Cuts and Studio L. AHI of $94K/yr in 1 mile and 12.63% pop growth since 2000. 100% NNN leased. NOI $124K/yr. $1.275M. 8.50% cap.
9. Aaron’s In Portland, OR:  11,429 SF single-tenant building constructed in 2006 on .45 ac lot next to Fred Meyer and I-5. New 20 yrs absolute NNN lease.  NOI $136K/yr with 10% rent bumps every 5 yrs. $1.95M. 7% cap.
10. Office Building in Taylorsville, UT: 17,000 SF Class-A office building constructed in 2008 on 1.64 ac lot close to I-215 in high income Salt Lake City suburbs. 100% leased to 2 tenants: Rise and Wright Homes. NOI $167K/yr. $2.39M. 7.03% cap.

© Transmercial 2012

07-23: Church's Chicken, REO'ed Center, MOB, Shopping Centers

• 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. Church’s Chicken in Stockton, CA: 1100 SF drive-thru restaurant renovated in 2005 on .41 ac lot at a busy signalized corner location. 100% absolute NNN corp lease with 12+ yrs left. NOI $73K/yr with 1.5% annual rent increases. $1.1M. 6.66% cap.
2. REO’ed Retail Center in North Riverside, IL: 9922 SF  bank-owned retail center built in 2004 on .68 ac lot anchored by Dunking Donuts and Sprint. Near Loyola University Medical Center and North Riverside Park Mall in Chicago suburbs. NNN leases. Current NOI $67K/yr. $900K. 7.5% cap. Upside potential.
3. Walgreen’s in Jacksonville, FL: 15,070 SF pharmacy built in 1999 on 1.72 ac lot at a signalized intersection close to Jacksonville University. 100% NNN- leased with 7 yrs left. NOI $302K/yr. Price reduced to $3.552M. 8.5% cap.
4. Strip Center in Houston, TX: 8400 SF strip center built in 20085 on .88 ac lot in high income area. Across from Kroger center. Tenants include: Mexican Restaurant, Liquor Store, Doctor Office and Tattoo shop. 100% leased. NOI $147K/yr. $1.75M. 8.40% cap.
5. MOB in Miami, FL: 35,496 SF two story medical office building constructed in 2004 on 2.71 ac lot. Near Kendall Regional Medical Center and Baptist Medical Plaza. 86% leased. NOI $417K/yr. $5.967M. 7% cap.
6. Retail Center in Albuquerque, NM: 14,724 SF L-shaped retail center along main thoroughfare in growing and affluent (AHI $147K/yr) area. 87% NNN leased to 7 tenants. NOI $136K/yr. $1.6M. 8.50% cap.
7. Retail Center in Richland, WA: 12,000 SF retail center built in 2008 on 1.17 ac lot at a hard corner location in high income area. Across from Target, Walmart Supercenter and The Home Depot. 100% NNN leased. NOI $234K/yr. $2.84M. 8.25% cap.
8. Shopping Center in Medina, MN: 33,254 SF shopping center built in 2006 in wealthy Minneapolis suburbs with AHI of $161K/yr within 3 miles. Shadow-anchored by a 134,000 SF Target and anchored by OfficeMax. 85% leased with excellent tenant mix. NOI $460K/yr. $5.25M. 8.78% proforma cap.
9. Retail Center in Bonita Springs, FL: 15,618 SF retail center built in 2003 on a major artery in a wealthy Fort Myers metro with AHI $98K/yr.  89% leased. NOI $114K/yr. $1.35M. 8.50% cap.

© Transmercial 2012

07-20: Retail Center, Jiffy Lube, MOB

1. Retail center in Briarcliff Manor, NY: 22,755 SF multi-tenant retail center in highly affluent New York city suburbs (AHI $176K/yr in 1 mile).  90% leased to medical, and retail tenants.  NOI $334K/yr. $3.95M. 8.5% cap. 
2. Strip Mall in Las Vegas, NV: 6000 SF retail center built in 2003 on .83 ac lot in upper middle class area.  Directly across from 468,000 Square Foot Power Center Anchored by Wal-Mart Supercenter, Lowe's, PetSmart, Ross, and Office Depot. 100% NNN leased to 3 tenants.  NOI $71K/yr. $875K.  8.19% cap. 
3. Neighborhood Center in Arlington, TX: 141,958 SF neighborhood center on 1.7.8 acres lot in affluent Dallas metro (AHI $93K/yr).  Anchored by Sears, Office Depot, Connect Church, Cato Fashion and Ace Hardware. Shadow-Anchored by Albertson's. 96% NNN leased to 20 tenants with 3 small vacant units.  NOI $1.503M. $16.7M. 9% cap. 
4. Jiffy Lube in Houston, TX: 4447 SF Jiffy Lube built in 2007 on .69 ac lot in high growth area.  20 yrs absolute NNN corp lease with 15+ yrs left.  NOI $105K/yr with 10% rent bumps every 5 yrs.  $1.4M. 7.54% cap. 
5. MOB in Fanwood, NJ: 11,748 SF medical office building in an affluent (AHI $133K/yr) New York city metro.  Near train station.  NOI $154K/yr. $1.9M. 7.9% cap. 
6. Auto Service Center in Glendora, CA: 5344 SF auto service center on ½ a corner lot. 100% leased.  $1.17M.

© Transmercial 2012

07-19: Jiffy Lube, Kroger, Arby's, MOB

1. Retail Center in Bellevue, WI: brand new 9,200 SF retail center on 2+ ac outparcel to Target and Copps Foods in high income Green Bay. Close to I-43 and Hwy-172. 100% NNN pre leased to Verizon Wireless, Sport Clips, GNC and GameStop. One vacant unit under LOI. NOI $210K/yr. $2.7M. 7.80% cap.
2. Jiffy Lube in Spring, TX: 4155 SF Jiffy Lube auto center built in 2007 on .93 ac lot in growing and high income Houston suburbs. 100% absolute NNN corp lease with 15+ left. NOI $105K/yr with 10% rent bumps every 5 yrs. $1.4M. 7.54% cap.
3. Jiffy Lube in Grand Prairie, TX: 4447 SF Jiffy Lube auto center built in 2007 on .57 ac lot in growing and high income Dallas/Fort Worth suburbs. Across from major center anchored by The Home Depot, Target, Ross Dress for Less, 24-hr Fitness and Petco. 100% absolute NNN corp lease with 15+ left. NOI $139K/yr with 10% rent bumps every 5 yrs. $1.85M. 7.55% cap.
4. Kroger Food & Drugs in Indianapolis, NI: 60,000 SF 24 hour supermarket built in 1993 on 6+ acres lot at strong retail corridor near I-74/I-465. 100% absolute NNN lease with 6+ yrs left. NOI $332K/yr. $4.155M. 8% cap.
5. Retail Buildings in Des Plaines, IL: 34,267 SF attractive retail buildings built in 2008 on 3.46 ac lot at prime retail location. 96% leased to 11 tenants. NOI $608K/yr. $7.16M. 8.50% cap.
6. Neighborhood Center in Santa Maria, CA: 97,555 SF retail center constructed in 1996 on 7.52 acres of land anchored by FoodMaxx supermarket, CVS pharmacy and Factory 2-U. ¼ mile from the on/off ramp Hwy-101 in Santa Barbara county. 95% NNN leased. NOI $1.183M/yr. $15.775M. 7.50% cap.
7. MOB in Houston, TX: 21,600 SF Class-B medical office complex built in 2006 on 2.77 ac lot. Tenants include 5,121 SF Texas Children Pediatrics, ABC Dental, Dr. Austin, Cullen Pharmacy, Dr. Brown OB/GYN, Winter & Associates. 100% NNN leased to 7 medical tenants. NOI $338K/yr. $3.4M. 9.96% cap.
8. Strip Center in Murrieta, CA: 5295 SF strip center built in 2005 on .77 ac lot at strong retail corridor with easy access to I-15 in high income and fast growing Riverside County. Across from Walmart, Best Buy and Home Depot. 100% leased to 5 tenants. NOI $107K/yr. $1.4M. 7.68% cap.
9. Arby’s in Fraser, MI: 3297 SF drive thru Arby’s restaurant built in 2000 on 1.76 ac lot next to Meijer Superstore in Detroit suburbs. 100% absolute NNN corp lease with 9 yrs left. NOI $134K/yr with 2% annual rent increases. $1.585M. 8.50% cap.
10. Office Buildings in Carmichael, CA: 18,875 SF well maintained office buildings on 1.42 ac lot in middle class Sacramento metro. 81% leased. NOI $110K/yr. $1.3M. 8.53% cap. Upside potential when fully leased.

© Transmercial 2012