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05-15: Essential Retailers, Dollar Tree, MOB, Pep Boys, Walgreens, Advance Auto Parts, Rite Aid Pharmacy

MOB in Lubbock, TX: 19,583 SF well kept medical office building on 1.51 ac lot anchored by Covenant Health Pulmonary. In the heart of Covenant Medical main campus and near 1,300-bed Covenant Health Hospital. Close to Hwy-62/82. Just blocks from Texas Tech University with over 31,000 undergraduate enrollment. 73% leased to two tenants. NOI $228K/yr. $2.85M. 8% cap. Upside potential when fully leased. Dollar Tree in Columbia, SC: 10,908 SF …Read More

04-23: MOB, Walgreens, Pep Boys, Mixed-use, Retail Plazas

  1.   MOB in Huntington, WV: 20,618 SF Class-B three story medical office building on .83 ac lot. $3.5M invested in renovations. Outparcel to 303-bed Cabell Huntington Hospital. 100% leased to multiple tenants. NOI $340K/yr. $4.255M. 8% cap. 2.   Walgreens in Lake Station, IN: 14,490 SF well maintained drug store built in 2002 on 1.75 ac lot at a hard corner location in Chicago MSA. Near I-94. 100% NNN leased. …Read More

03-31: DaVita Dialysis Center, Retail Plazas, Advance Auto Parts, Family Dollar

Advisory: Covid19 Relief — small businesses will receive direct help via $350 billion for SBA loans that use an expedited process—administered by private financial institutions—to cover payments for rent/mortgage, utilities and payroll. These loans will be converted into grants — that are not required to be repaid — at the end of the year if used for intended purposes. Please ask your tenants to apply for assistance at https://covid19relief.sba.gov/#/ or with …Read More

03-19: Professional Buildings, Pizza Hut, Walgreens Pharmacy, Retail Centers

Advisory: with all the travel restrictions due to Coronavirus disease (COVID-19), lots of investors put investment purchase on hold as they are unable to visit the properties. Transmercial believes this is an excellent opportunity for you as there is little competition if you are interested in buying a property. You understand this advantage a lot more if you have made several offers and lost to other investors. Of course, there is a …Read More

02-25: MOB, Retail Centers, Medical Plazas, Retail Center

  1.   Retail Center in Alpharetta, GA: 15,032 SF attractive retail center built in 2003 on 1.70 ac lot in fast growing and high income Atlanta MSA. Across from Costco and close to Walmart Supercenter. 100% leased to medical and retail tenants. NOI $239K/yr. $3.3M. 7.25% cap. 2.   Medical Plaza in Orange Park, FL: 36,387 SF consisting of three attractive buildings on 7.30 ac lot in high income Jacksonville suburbs …Read More

01-28: Burlington, Kobee Steakhouse, Medical Condo, Shopping Centers

1.   Retail Center in Buffalo, NY: 43,570 SF mature retail center renovated in 1998/2019 on 3.17 ac corner lot. Key tenants: DaVita, Millennium Collaborative Care, Family Dollar and Rent A Center. 93% leased to ten tenants. Mostly NNN leased. Proforma NOI $424K/yr. $2.65M. 16% cap. 2.   Kobee Steakhouse in Longview, TX: 10,740 SF highly rated Japanese restaurant on over 2 ac lot. Tenant has been in business for 13 years. …Read More

01-08: Advance Auto Parts, O’Charley’s, Old Spaghetti Factory, Oak Street Health, MOB

  1.   Walgreens in Canton, OH: 13,880 SF well maintained drive-thru pharmacy built in 1997 on 2.75 ac corner lot. With five points of ingress/egress. 100% NNN- corp lease till 2030. NOI $239K/yr. $3.323M. 7.20% cap. 2.   Retail Plaza in Hermitage, PA: 51,631 SF shopping center completed in 2006 on nearly 11 ac lot. Across from Walmart Supercenter and close to Shenango Valley Mall. Key tenants: Aspen Dental, Sprint, Sport …Read More

12-04: Advance Auto Parts, Big Lots, MOB, Shopping Centers, Multi-tenant Medical Buildings

  1.   MOB in Barnegat, NJ: 9,600 SF medical office building completed in 2009 in high income Philadelphia MSA with an AHI of $96K/yr in a 3 mile radius. 100% leased to Acenda Health (22 locations), Northeast Spine and Sport Medicine (10 locations) & Connolly Dermatology (12 locations). NOI $196K/yr. $2.45M. 8.01% cap. 2.   Shopping Center in Las Vegas, NV: 12,320 SF consisting of two well maintained retail centers constructed …Read More

11-19: Walgreens, Retail Centers, AutoZone, DaVita, Shopping Plazas

  1.   Retail Shops in Las Cruces, NM: 6,836 SF consisting of two retail buildings completed in 2006 on 1 ac corner lot along busy retail corridor. Close to I-25 and Hwy-70. Across from Sam’s Club. 100% NNN lease to Starbucks, AT&T and Sushi Freak. NOI $182K/yr. $2.6M. 7% cap. 2.   AutoZone in Woonsocket, RI: 6,201 SF well maintained single tenant retail building on .61 ac lot in Providence MSA. …Read More

10-31: Jiffy Lube, Family Dollar, Rite Aid, Advance Auto Parts, Business Complex, Retail Plazas, Professional Buildings

  1.   Retail Center in Houston, TX: 11,981 SF beautiful retail center built in 2005 on over 1 ac lot. Anchored by LA Fitness. 100% NNN lease with excellent tenant mix. NOI $316K. $4.5M. 7.03% cap. 2.   Rite Aid in Elmira, NY: 11,348 SF well maintained Rite Aid pharmacy built in 1998 on over 1 ac lot at a signalized intersection. 100% NNN lease with over 9 years left. NOI …Read More