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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

10-16: Walgreens, MedCare Urgent Care, Arby’s, MOB, Hardee’s, Retail Plazas

  1.   Retail Center in Jeffersonville, IN: 19,500 SF well maintained retail center built in 2002 on 1.78 ac lot in Louisville suburbs. Adjacent to Meijer Supermarket. 100% NNN leased with excellent tenant mix including Subway, Domino’s Pizza, H&R Block and Great Clips. NOI $179K/yr. $2.3M. 7.80% cap. 2.   Retail Plaza in Spring, TX: 26,472 SF attractive retail center constructed in 2005 on 2.24 ac lot in high income Houston …Read More

10-01: MOB, Office Building, Jack in the Box, Retail Plazas, Rite Aid, Retail Centers

  1.   Retail Center in Concord, NC: 15,625 SF well maintained retail center completed in 2003 on 3.43 ac corner lot in Charlotte MSA. 100% leased to multiple tenants including Dollar Genera, Jackson Hewitt and Boost Mobile. NOI $147K/yr. $1.909M. 7.75% cap. 2.   MOB in Fort Collins, CO: 3384 SF attractive single tenant medical office building adjacent to a busy corner location in growing Denver metro. 10 year NNN- lease …Read More

09-30: Rite Aid, Freddy’s Frozen Custard, IHOP, MOB, Office Buildings, Retail Plazas

Installed Plugins   1.   MOB in Albuquerque, NM: 8,300 SF well maintained single tenant medical office building on 1.54 ac lot. Close to Presbyterian Kaseman Hospital and I-40. 100% NNN lease with 15 years left to Modern Vascular. 3 year corp guarantee. NOI $360K/yr with scheduled rent increases. $4.8M. 7.5% cap. 2.   Rite Aid in Chesapeake, VA: 10,168 SF drive-thru Rite Aid built in 1995 on 1.27 ac lot at …Read More