02-15: Medical Arts Building, Fresenius, Walgreens, Premier Oral Surgery & Implants, U.S. Renal Care, Mixed-use, Grifols Biomat, IKEA Shadow-Anchored Buildings

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  1. Fresenius Kidney Care in Golden Valley, MN: 7,810 SF 18-stations dialysis center built in 1978 on .95 ac lot. Near North Memorial Health Robbinsdale Hospital. In high-income Minneapolis MSA with an AHI of $120K/yr. in a 1-mile radius. 100% NNN- lease till 2027. NOI $113K/yr. $1.617M. 7% cap.
  2. Walgreens in Tacoma, WA: 14,168 SF drive-thru pharmacy constructed in 1997 on 1.46 acres lot. At a signalized intersection. New roof installed in 2020 with 20-year guarantee. 100% NNN- corp lease till 2030. NOI $259K/yr. $3.65M. 7.10% cap.
  3. Medical Arts Building in Clifton Park, NY: 17,000 SF trophy state-of-the-art Medical Office Building fully renovated in 2020, on 2.4 acres lot in Albanese metro. 100% NNN leased to St. Peter’s Health Partners/Trinity Health, a credit tenant Fitch Rated ‘AA-‘ with 3.5 years left. Tenant spent over $8M to equip the center. NOI $425K/year. $6.292M. 6.75% cap. Buyer to assume $4.5M loan at attractive 3.25% interest matured in 3.5 years. Transmercial believes property can be acquired at 7.5% cap.
  4. Premier Oral Surgery and Implants in Grand Blank, MI: 4,557 SF attractive single tenant medical office building renovated in 2015 on 3.26 acres lot. In affluent Detroit metro with an AHI of $122K/yr. in a 1-mile ring. 100% NNN- lese till 2028 to an operator with multiple locations. NOI $106K/yr. with 2% annual rent increases. $1.248M. 8.50% cap.
  5. Shopping Center in Oklahoma City, OK: 49,436 SF well maintained neighborhood plaza on 3.74 acres lot. Along main retail artery. 78% occupied with good tenant mix. Actual NOI $454K/yr. $5.194M. 8.75% cap. Upside potential when fully occupied.
  6. Grifols Biomat in Menasha, WI: 14,102 SF blood donation center built in 1991 on 8.15 acres lot in Appleton suburbs. At a highly visible location. Near Hwy-441. 100% leased. NOI $213K/yr. $2.4M. 8.89% cap.
  7. Mixed-use in Bakersfield, CA: 6,313 SF well maintained medical office building .86 ac lot. Fully occupied to Just for Kids, Midown Dentistry, and Panache Salon. NOI $146K/yr. $2.165M. 6.75% cap.
  8. U.S. Renal Care in San Antonio, TX: 16,000 SF 36-stations dialysis center built in 2016 on 1.34 acres lot. At a high traffic location with 45,110 CPD. 100% absolute NNN lease with 2.5 years remaining to an operator with 400+ locations in 32 states. NOI $452K/yr. with 3% annual rent increases. $6.243M. 7.25% cap. Flyer not available, full brochure upon request.
  9. Multi-Tenant Building in West Sacramento, CA: 6160 SF retail building developed in 2009 on .82 ac lot. Part of Riverpoint Marketplace shadow anchored by IKEA, Walmart and Home Depot. Near I-80. 100% NNN leased to T-Mobile, Wing Stop, and Burger King. NOI $255K/yr. $4.089M. 6.25% cap. Note flyer not available, full brochure upon request.
  10. Five Guys Anchored Building in West Sacramento, CA: 5,855 SF attractive retail building completed in 2012 on .82 ac lot. Part of Riverpoint Marketplace shadow anchored by IKEA, Walmart and Home Depot. Near I-80. 100% NNN leased to Five Guys, Sourdough & Co. and AT&T. NOI $195K/yr. $3.265M. 6% cap. Flyer not avail, full OM upon request.

 
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/MHI: Avg./Median 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.

 

01-04: Burlington Anchored Center, KOHL’S Shadow Anchored Centers, MyEyeDr., MOB, Retail Plazas

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  1. Retail Plaza in Grand Forks, ND: 61,226 SF attractive retail plaza renovated in 2018 & 2022 on 6.01 acres lot. Outparcel to Columbia Mall. Near University of North Dakota with 17,650 students. 100% NNN leased to three national tenants; Ross Dress for Less, PetSmart, and Harbor Freight Tools. NOI $710K/yr. $8.8M. 8.07% cap.
  2. Burlington Anchored Center in Amarillo, TX: 167,490 SF Class-A neighborhood plaza completed in 2009 on 16.32 acres lot. Anchored by 80,000 SF Burlington and 15,000 SF Petco. With multiple points of ingress/egress. Adjacent to I-40. 99% occupied. NOI $1.73M/yr. $24.435M. 7.10% cap.
  3. Town Center in Clemmons, NC: 72,513 SF eye-catching shopping center developed in 2019 on 4.32 acres lot. In affluent Winston-Salem MSA with an AHI of $122K/yr. in a 1-mile radius. With easy access to I-40 with 66,412 VPD. 100% leased to multiple tenants including; Planet Fitness, Fleet Feet with over 200 locations, East Coast Wings + Grill with 40+ locations, Cugino Forno Pizzeria, a highly-rated operator with 6 locations, Novant Health, and Abbotts Custard with 40+ locations. Mostly NNN leased. NOI $1.301M/yr. $17.97M. 7.25% cap.
  4. Safeway Shadow Anchored Center in San Jose, CA: 16,032 SF well maintained multitenant center constructed in 1988 on 1.11 acres lot. Shadow anchored by Safeway, Savers, and JoAnn’s Fabrics. Close to Westfield Oakridge Mall. 93% NNN leased. NOI $682K/yr. $12.988M. 5.26% cap.
  5. KOHL’S Shadow Anchored Centers in Lake Jackson, TX: 34,564 SF consisting of two multitenant retail centers built in 2006 on 3.4 acres lot in Houston metro. At a major retail hub. Across from Brazos Mall. 100% NNN leased with excellent tenant mix including; Sally Beauty, Affordable Dentures, Maurice’s, Quest Diagnostics, Kumon Learning Center, U Brake I Fix and more. NOI $690K/yr. $9.5M. 7.25% cap.
  6. Retail Plaza in Centennial, CO: 96,634 SF shopping plaza constructed in 1985 on nearly 10 acres lot. At a signalized corner location with 44,000 CPD in combined daily traffic. In prosperous Denver suburbs with an AHI of $166K/yr. in a 3-mile ring. 96% leased with good tenant mix. NOI $1.279M/yr. $15.95M. 8.02% cap.
  7. MOB in Kingsport, TN: 50,050 SF multitenant medical office building completed in 1983 on 5.35 acres lot. Close to Indian Path Community Hospital. 98% occupied to 43,019 SF Ballad Health (S&P A), and Creekside Behavioral Health. NOI $844K/yr. $10.239M. 8.25% cap.
  8. MyEyeDr. in Greenville, NC: 5,710 SF eye care center on .55 ac lot. Along busy retail corridor with 26,000 VPD. Near Greenville Mall. 100% NNN- lease till 2028 to a strong operator with over 500 vision care centers across the country. NOI $172K/yr. with 1% annual rent increases. $2.374M. 7.25% cap.
  9. MyEyeDr. in Raleigh, NC: 5,096 SF single tenant medical building in a fast growing and high-income neighborhood. Along Hwy-64 with 45,500 CPD. 100% NNN- lease till 2028 to strong operator with over 500 vision care centers across the country. NOI $91K/yr. with 1% annual rent bumps. $1.267M. 7.25% cap.
  10. MyEyeDr. in Leland, NC: 4,212 SF attractive single tenant medical office building on .45 ac lot in Wilmington suburbs. Adjacent to Hwy-17 with 53,500 CPC. 100% NNN- lease till 2028 to on operator with over 500 vision care centers across the country. NOI $98K/yr. with 1% annual increases. $1.357M. 7.25% cap.

 
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/MHI: Avg./Median 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

03-21: Cape Fear Valley Health, DCI Dialysis Clinic, MOB, Anytime Fitness, Dollar Tree, UPMC Pinnacle Colon & Rectal Surgery, Professional Buildings

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1. UPMC Pinnacle Colon & Rectal Surgery in Harrisburg, PA: 7,008 SF multi-story single tenant medical building. Within 5-miles of 409-bed UPMC Harrisburg Hospital. Near I-81 with over 64,000 CPD. 7-year NNN- corp lease with under 2 years remaining to a highly-rated medical practice. NOI $117K/yr. with 3.5% annual rent increases. $1.2M. 9.77% cap.

2. Medical Condos in McAllen, TX: 13,582 Class-B consisting of five medical suites completed in 2001 on nearly one ac lot. Along busy artery. 100% occupied. NOI $165K/yr. $2M. 8.29% cap.

3. DCI Dialysis Clinic in Lafayette, LA: 15,100 SF dialysis center built in 2009 on 3.98 ac lot. Visible from I-10. Near Ochsner Univ Hospital & Clinics. Tenant recently extended their lease till 2032. NOI $362K/yr. with CPI rent bumps every 5 years to a dialysis provided with 250 clinics in 29 states. Price reduced from $5.581M. to $5.183M. 7% cap.

4. Shopping Plaza in Rowlett, TX: 28,119 SF attractive retail center developed in 2006 on 3.35 ac lot. In affluent Dallas metro with an AHI of $123K/yr. in a 3-mile radius. 100% NNN leased with great tenant mix including Fresenius and OPA! Greek Taverna. NOI $616K/yr. $8.813M. 7% cap.

5. Professional Center in Peachtree City, GA: 55,781 SF multi-story professional plaza completed in 2006 on 3.29 ac lot in wealthy Atlanta MSA. 95% leased to professional, retail, and medical tenants. NOI $804K/yr. $11M. 7.31% cap.

6. Anytime Fitness in Hobbs, NM: 7,000 SF attractive single tenant retail building on .95 ac lot in a high-income area. Next to Home Depot. 100% absolute NNN lease till 2028. NOI $156K/yr. with 3% annual rent increases. $1.996M. 7.85% cap.

7. Strip Center in Saint Peters, MO: 8,400 SF well maintained retail center built in 2005 on .74 ac lot. Near Mid Rivers Mall. 100% leased to three tenants. NOI $107K/yr. $1.431M. 7.50% cap.

8. Retail Center in Auburn Hills, MI: 48,244 SF eye-catching retail center developed in 2002 on 5.28 ac lot in Detroit suburbs. Across from Great Lakes Crossing Outlets. With easy access to I-75. 83% occupied with excellent tenant roster. NOI $676K/yr. $9.66M. 7% cap.

9. Dollar Tree in Little Chute, WI: 9,525 SF well-kept single tenant retail building completed in 2019 on 1.48 ac lot in Appleton suburbs. 100% NNN- corp lease till 2029. NOI $88K/yr. $1.258M. 7% cap.

10. Cape Fear Valley Health in Fayetteville, NC: 18,786 SF medical building renovated in 2018 on 1.48 ac lot. 0.7 miles from Cape Fear Valley Medical Center. 100% NNN- lease till 2028. NOI $266K/yr. $4.26M. 6.25% cap.

 
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/MHI: Avg./Median 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.

02-17: MOBs, Planet Fitness, Shopping Centers, Burger King, Surgery Center, Industrial Building

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1.     Medical Office Building in Douglasville, GA: 11,900 SF 4-unit MOB with billboard built in 2009 on 1.56 acres corner lot of I-20 & I-92 in Atlanta metro. 100% leased to 4 tenants, 3 of whom are medical. NOI $233K. $3.09M. 7.25% cap.

2.     Planet Fitness Center in Schaumburg, IL: 22,988 SF fitness center on a major artery with 43,100 VPD near I-290. Part of a bigger shopping center anchored by Kohls, Buybuy Baby. Close to Woodfield Mall, the largest mall in IL. High income area with AHI of $111K/yr in 3 miles. 100% NNN- till 2031 by a franchisee with 80+ locations. NOI $385K/yr with 10% rent bumps every 5 yrs. $5.275M. 7.25% cap.

3.     Shopping Plaza in Racine, WI: 147,500 SF shopping plaza on 13.57 acres lot in Racine, a city between Milwaukee and Chicago. Close to 872,000 SF Regency Mall with 110 stores. Anchored by Piggly Wiggly supermarket with stores in 18 states, Citi Trends, and Dollar General. 100% NNN leased to 16 tenants. NOI $779K/yr. $9.6M. 8.12% cap.

4.     Shopping Center in Fairfield, CA: 24,680 SF 14-unit mature strip center on 2.23 acres corner lot. 72% leased. Proforma NOI of $266K/yr. $3.84M. 6.92% cap.

5.     Aurora Manitowoc Surgery Center in Manitowoc, WI: 8711 SF surgery center on .82 acres lot on the shore of Lake Michigan. 100% absolute NNN lease to Aurora Health Care (Moody’s Aa3) till 12/2024, one of the 12 largest not-for-profit, integrated health systems in the United States. NOI $183K/yr with 2.5% annual rent bumps. $1.83M. 10% cap.

6.     Burger King in Brownsville, TX: 4796 SF fast food restaurant renovated in 2016 on 1.38 acres lot. 100% absolute NNN lease to a franchisee with 1200+ locations. NOI $126K/yr. $1.867M. 6.75% cap.

7.     Multi-specialty sponsored MOB in Douglasville, GA: 26,216 SF MOB in fast growing & middle class Atlanta metro. 100% NNN leased to 3 tenants with new 10 yrs leases: PIEDMONT ORTHOPEDICS, PIEDMONT HEART INSTITUTE, and Piedmont Urgent care. NOI $642K/yr. with annual increases. Unpriced.

8.     Industrial Building in Jackson, GA: 81,517 SF industrial building constructed in 2002 on 12.5 acres lot in Atlanta metro. New 15 years absolute NNN lease to B&G in Pest Control business since 1949 with  projected 2023 annual revenue of $59M and EBITDA of $10+M. NOI $489K/yr with 2% annual rent bumps. $6.6M. 7.4% cap. This is a sale and lease back.

9.     Shopping Center in Rio Rancho, NM: 39,685 SF shopping center built in 1988 on 4.39 acres lot as part of a larger retail center in the growing Albuquerque metro with AHI of $91K/yr in 1 mile. 90% NNN leased to 12 tenants with 2 vacant units. NOI $346K/yr. $4.618M. 7.5% cap. Upside potential when fully leased.

10.  Shopping Center in Lafayette, IN: 41,200 SF shopping center built in 2004 on 8.54 acres lot. 82% NNN leased to 11 tenants including: Metro PCS, Subway, CATO, Dollar Tree, Edward Jones, Pap Johns Pizza, Rent A Center. NOI $393K/yr. $5.627M. 7% cap. Upside potential when fully leased. No flyer. Full brochure available.

 
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/MHI: Avg./Median 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.

01-31: CRUNCH Fitness, Key Food Supermarkets Plaza, MOB, Fry’s Food Shadow Anchored Center, Walgreens, Goodyear, Elstar Dental, Retail Centers

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1. Retail Center in Victorville, CA: 24,361 SF well maintained retail center developed in 1989 in growing San Bernardino County. At a busy corner location with over 67,000 CPD in combined daily traffic. Part of Victor Valley Town Center anchored by Vons, Ross and PETCO. 80% leased. NOI $391K/yr. $6.535M. 6% cap.

2. Elstar Dental in McAllen, TX: 7,500 SF medical office building developed in 2000 on over 1 ac lot. Along busy retail corridor. Recently extended NNN- lease till 2027 to an operator with multiple locations. NOI $217K/yr. $2.9M. 7.50% cap.

3. Strip Center in San Jose, CA: 4,900 SF five-units retail center constructed in 1971 on .56 ac lot. Adjacent to Regional Medical Center. With easy access to I-680. 84% occupied with one 800 SF vacancy. $3.2M. NOI/Cap N/A.

4. Key Food Supermarkets Anchored Plaza in Hartford, CT: 108,615 SF attractive neighborhood center on 7.31 ac lot anchored by Key Food Supermarkets with 324 locations. Close to Hartford Hospital. 90% leased to national, regional and local tenants. NOI $1.04M/yr. $16M. 6.5% cap.

5. Shopping Plaza in Clearwater, FL: 35,520 SF consisting of three multitenant retail centers developed in 1982 on 3.88 ac lot in Tampa MSA. Along Hwy-19 with over 76,000 VPD. 91% leased. Mostly NNN leased. NOI $428K/yr. Price reduced from $6.5M. to $6.35M. 6.75% cap.

6. CHOP Anchored MOB in Norristown, PA: 17,973 SF medical office building renovated in 2019 on 1.50 ac lot in Philadelphia metro. Close to Norristown State Hospital. 83% occupied by 10,000 SF Children’s Hospital of Philadelphia and Jefferson/Fornance Physicians. NOI $298K/yr. with a master lease. $4.262M. 7% cap.

7. Fry’s Food & Drug Shadow Anchored Center in Phoenix, AZ: 17,055 SF well maintained retail center built in 1990 on 1.45 ac lot. Shadow anchored by Fry’s (Kroger) grocery store. 100% NNN leased to multiple tenants. NOI $358K/yr. Price reduced from $5.627M. $5.522M. 6.50% cap.

8. Walgreens in St. Louis, MO: 17,780 SF drive-thru pharmacy built in 1996 on 2.16 ac lot. Close to South City Hospital. With easy access to I-55 with over 83,000 VPD. 100% NNN- corp lease till 2026. NOI $254K/yr. $3.637M. 7% cap.

9. Goodyear in Clearwater, FL: 5506 SF highly-rated four-bay tire shop constructed in 1992 on .97 ac lot in Tampa MSA. Along major retail corridor with over 58,000 CPD. 100% NNN- corp lease till 2033. NOI $80K/yr. with scheduled rental increases. $1.335M. 6% cap.

10. CRUNCH Fitness in Corona, CA: 17,956 SF well maintained fitness center renovated in 2018 on 1.32 ac lot in densely populated Los Angeles suburbs. 100% NNN- lease till 2032 operated by the #1 largest franchise with 48 locations. NOI $430K/yr. with a rent bum in 2027. $6.16M. 7% cap.

 
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/MHI: Avg./Median 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.

12-08: Aurora BayCare Health Center, Professional Complex, Anchored Neighborhood Plazas, Family Dollar, MOB, DCI Dialysis Clinic, Burlington Anchored Plaza

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1. Aurora BayCare Health Center in Green Bay, WI: 14,000 SF medical building developed in 2002 on 2 ac lot. Close to Aurora BayCare Medical Center. 100% NNN- leased till 2023. NOI $213K/yr. $2.245M. 9.50% cap.

2. The Fresh Market Anchored Center in Atlanta, GA: 74,370 SF attractive neighborhood center renovated in 2006 on over 6 ac lot. If fast growing and affluent neighborhood with an AHI of $217K/yr. in a 1-mile radius. At a major signalized intersection with over 47,450 VPD in combined daily traffic. NOI $2M/yr. Price/Cap N/A.

3. Professional Complex in Austin, TX: 42,517 SF consisting of five well maintained office & medical buildings on 4.21 ac lot in a high-income area. Near Ascension Seton Northwest Hospital and St. David’s North Austin Medical Center. 76% leased. Mostly NNN leased. NOI $325K/yr. Price/Cap N/A.

4. Carib Farmers Market Anchored Plaza in Decatur, GA: 67,940 SF shopping plaza developed in 1974 on 8.21 ac lot at a hard corner location in Atlanta metro. 98% leased with great tenant mix. Mostly NNN leased. NOI $545K/yr. $6.815M. 8% cap.

5. Strip Center in Katy, TX: 12,396 SF attractive retail center constructed in 2003 on 1.56 ac lot. In densely populated, growing, & affluent (AHI $152K/yr. in a 3-mile ring) Houston MSA. 100% NNN leased to five tenants. NOI $199K/yr. $3.066M. 6.50% cap.

6. Shopping Center in Blue Springs, MO: 52,918 SF attractive shopping center developed in 1979 on 9.48 ac lot in Kansas City suburbs. Anchored by City Thrift and Dollar Tree. With multiple points of ingress/egress. Near I-70. 100% leased. NOI $496K/yr. Price reduced from $6.755M. to $6.205M 8% cap.

7. Family Dollar in Washington, PA: 7148 SF freestanding retail building built in 1990 on .50 ac lot at a signalized location in Pittsburgh MSA. On an off/on ramp of I-70. Tenant has been at this location since 2000. 100% NNN- lease till 2027. NOI $78K/yr. $1.121M. 7% cap.

8. Burlington & Ross Anchored Center in Stockton, CA: 127,198 SF attractive retail plaza in growing Central Valley. Adjacent to a major retail corridor. Across from Walmart Supercenter and Lowe’s. 100% leased to 75,197 SF Burlington, 26,004 SF Ross Dress for Less, Luv2Play, and Lodi Junction Too, a thrift store. NOI $1.371M/yr. $20.619M. 6.65% cap.

9. Peters Dentistry in Amarillo, TX: 3263 SF medical building completed in 2006 on .41 ac lot in growing (8.29% pop growth since 2010 in 1-mile ring) and high-income area with an AHI of $104K/yr. in a 3-mile radius. Along busy corridor with over 26,000 CPD. 100% NNN- leased till 2032 to a highly rated dental practice. NOI $79K/yr. with 3% annual rent increases. $1.218M. 6.50% cap.

10. DCI Dialysis Clinic in Lafayette, LA: 15,100 SF medical building completed in 2009 on nearly 4 ac lot. Visible from I-10. 3.9 miles from Ochsner Univ Hospital & Clinics. Tenant recently extended their lease till 2032. NOI $362K/yr. with CPI rent bumps every 5 years to a dialysis provided with 250 clinics in 29 states. $5.581M. 6.50% cap. Note: flyer not avail, full brochure upon request.     
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/MHI: Avg./Median 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.

11-30: Medical Clinic, Bravera Health Anchored Plaza, Automotive Centers, MOB, Asthma & Allergy Center, Shopping Plazas, Mixed-use Plazas

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1. Retail Plaza in Charlotte, NC: 43,639 SF attractive shopping plaza completed in 1987 on 4.41 ac lot. Along major corridor with over 52,000 VPD. 100% NNN leased to thirteen tenants including Family Dollar & Hibbett Sports. NOI $611K/yr. $8.2M. 7.46% cap.

2. Shopping Plaza in Houston, TX: 70,275 SF well maintained neighborhood center developed in 1984 on 4.5 ac lot. In fast growing and high-income area with an AHI of $94K/yr. in a 3-mile radius. 74% NNN leased to retail, professional, and medical tenants. NOI $494K/yr. $7.071M. 7% cap. Upside potential when fully occupied.

3. Strip Center in Lubbock, TX: 11,201 SF attractive retail center built in 2005 on over 1 ac lot at a highly visible location. Near Walmart Supercenter. 100% NNN leased. NOI $162K/yr. Price reduced from $2.55M to $2.425M. 6.7% cap.

4. MOB in Winston-Salem, NC: 17,577 SF single tenant medical building completed in 1998 on 1.96 ac lot. Close to 921-bed Novant Health Forsyth Medical Center. 10 years absolute NNN lease with 6+ years left to Piedmont Cosmetic Surgery and Dermatology Center. NOI $368K/yr. with 2% annual rent increases. $5.5M. 6.70% cap.

5. Bravera Health Anchored Plaza in Spring Hill, FL: 45,643 SF well-kept retail plaza renovated in 1995 on 5 ac lot. Adjacent to a major throughfare with over 38,000 CPD. 95% leased to medical and retail tenants. NOI $534K/yr. $8.1M. 6.60% cap.

6. Retail Center in College Station, TX: 14,993 SF attractive retail center at a corner location in a fast-growing city. Next to Walmart Supercenter. 100% NNN leased to Believe Therapies, DDS Dentures, Blue Fin Sushi, and Garpez Authentic Mexican Food. NOI $307K/yr. $4.728M. 6.50% cap.

7. Automotive Center in Kennesaw, GA: 18,107 SF consisting of two multitenant auto centers developed in 2019. In fast growing and high-income Atlanta metro with an AHI of $101K/yr. in a 3-mile ring. 100% NNN leased to six tenants. NOI $269K/yr. $4.38M. 6.15% cap.

8. MOB in Amarillo, TX: 4782 SF single tenant medical building constructed in 1967 on .83 ac lot along major artery. Across from Amarillo VA Health Care System Hospital. Near Amarillo College. 100% absolute NNN leased till 2030 to Amy Upton Family Practice. NO $76K/yr. with 1.75% annual rent increases. $1.25M. 6.14% cap.

9. Neret MD Medical Clinic in Lake Jackson, TX: 3,900 SF single tenant medical clinic built in 1983 on .38 ac lot in a high-income area. This is a sale-leaseback investment. New 5-years absolute NNN lease. NOI $78K/yr. with 2.5% annual rent increases. $1.006M. 7.75% cap.

10. Asthma & Allergy Center in Roanoke, VA: 9,120 SF Class-B single tenant medical building completed in 2000 on over 1 ac corner lot. Close to Carilion Roanoke Community Hospital. This is a sale-leaseback investment. New 5-year NNN- lease with minimal landlord responsibilities. NOI $218K/yr. Price/Cap N/A.      

                 
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/MHI: Avg./Median 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.

10-19: DaVita, MOB’s, Rite Aid Pharmacy, VCA Animal Hospital, Family Dollar, Doctors of Optometry, Shopping Centers

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1. MOB in Pittsburgh, PA: 30,854 SF Class-B riverfront medical building developed in 2007 on 2.16 ac lot. Close to St. Margarete Hospital and VA Hospital. 91% leased to nine medical & professional tenants. NOI $376K/yr. $5.2M. 7.25% cap.

2. Doctors Of Optometry in Parma, OH: 3279 SF well maintained single tenant medical office building renovated in 1996 in Cleveland suburbs. 100% NNN- lease till 2026 to an operator with 60 locations. NOI $85K/yr. with annual rent increases. $1.142M. 7.50% cap.

3. Rite Aid in Erie, PA: 11,325 SF drive-thru pharmacy built in 1996 on over 1 ac lot at a signalized intersection. 100% NNN- corp lease till 2028. NOI $162K/yr. $2.34M. 6.92% cap.

4. Retail Building in Greenville, SC: 13,527 SF consisting of two multitenant retail buildings on 1.88 ac lot in a fast-growing area. Across from Bob Jones University. 100% NNN leased to seven tenants. NOI $202K/yr. $2.961M. 6.85% cap.

5. Medical Condos in Salisbury, MD: 5306 SF consisting of two medical condominiums. Across from Tidal Health Regional Hospital. 100% NNN leased to Tidal Health. NOI $88K/yr. $1.183M. 7.5% cap.

6. VCA in Wichita Falls, TX: 5752 SF attractive animal hospital on 1.21 ac lot in a fast-growing area. 100% NNN- corp lease till 2025 to a strong operator with 1,000 animal hospital in 43 states. Landlord only responsible for structure. NOI $102K/yr. with 2% annual rent increases. $1.613M. 6.37% cap.

7. Shopping Center in Duncanville, TX: 32,173 SF shopping center on 6.61 ac lot in Dallas/Fort Worth MSA. 100% NNN leased with great tenant mix including; Dollar General, and PNC Bank. NOI $361K/yr. $5.403M. 6.70% cap.

8. DaVita in Detroit, MI: 11,053 SF dialysis center built in 1981 on over 1 ac lot. Near 334-bed Detroit Medical Center. 100% NNN- corp lease till 2029. NOI $124K/yr. with 2% annual rent increases. Price reduced from $2.203M to $1.991M. 6.25% cap.

9. Family Dollar in Grand Rapids, MI: 8,056 SF single tenant retail building completed in 2011 on .79 ac lot along busy corridor. 100% NNN- lease. NOI $114K/yr. $1.685M. 6.8% cap.

10. MOB in Mount Dora, FL: 6,500 SF Class-B single tenant medical building constructed in 2007 on .83 ac lot in Orlando metro. This is a sale leaseback investment. 100% NNN leased. NOI $150K/yr. $1.85M. 8.12% cap.

 
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/MHI: Avg./Median 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.

09-28: Perkins Restaurant & Bakery, Restore Hyper Wellness, Ollie’s Bargain Outlet Anchored Plaza, Dollar Tree Anchored Center, Steak ‘n Shake

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1. Retail Center in Cypress, TX: 10,199 SF recently renovated retail center built in 2015 on nearly 1 ac lot in affluent Houston MSA with an AHI of $170K/yr. in a 1-mile radius. 80% occupied to 6 tenants. NOI $154K/yr. with a 1-yr master lease of two small vacancies. $2.2M. 7% cap.

2. Perkins Restaurant & Bakery in Green Bay, WI: 5,560 SF franchised American casual dining restaurant renovated in 2019 on 1.27 ac lot. Shadow anchored by East Town mall with Marshalls, Hobby Lobby, KOHL’S, Planet Fitness, ALDI, and Petco. Close to Aurora BayCare Medical Center. With easy access to I-43. 100% absolute NNN till 2027 to a strong franchisee with 22 units. NOI $120K/yr. $1.714M. 7% cap.

3. Shopping Center in McMinnville, OR: 30,640 SF Class-B multitenant retail center in a fast-growing area. Next to Harbor Freight Tools, Planet Fitness, and JOANN Fabric and Crafts center. All units face Hwy-99W. 100% NNN leased. NOI $410K/yr. $6.56M. 6.25% cap.

4. Restore Hyper Wellness in Albuquerque, NM: 5289 SF single tenant building renovated in 2022 in a high-income neighborhood with an AHI of $130K/yr. Along major artery with over 32,000 VPD. 100% NNN- lease till 2032. NOI $126K/yr. with a 10% rent increases in 2026. $2.031M. 6.25% cap.

5. Shopping Center in Las Vegas, NV: 61,300 SF well maintained multitenant retail center developed in 1996 on 6.15 ac lot. Lose to Las Vegas STRIP. 100% NNN leased to Goodwill, Habitat for Humanity, and Clean-Mart. NOI $810K/yr. $13.4M. 6.05% cap.

6. Ollie’s Bargain Outlet Anchored Plaza in Orange Park, FL: 100,895 SF attractive shopping plaza renovated in 2008 on over 11 ac lot in growing Jacksonville MSA. 81% occupied to retail and professional tenants. Actual NOI $793K/yr. Expected price $10.584M – $9.923M. 7.5%-8% cap.

7. Retail Center in Irving, TX: 29,962 SF mature retail center on 1.69 ac lot in fast growing Dallas/Fort Worth suburbs. 85% NNN leased. NOI $326K/yr. $5.02M. 6.50% cap.

8. Dollar Tree Anchored Center in Slidell, LA: 35,574 SF well maintained retail plaza developed in 1983 on over 4 ac lot in New Orleans suburbs. Along major corridor with over 26,000 CPD. Close to Slidell Memorial Hospital. 100% NNN leased to multiple tenants including Dollar Tree, HotWorx Yoga with 300+ locations, The General Insurance with 18 locations, Advantage Resourcing with 80 locations, and freestanding Take 5 Oil Change. NOI $392K/yr. $4.902M. 8% cap.

9. Dollar General Market Anchored Center in Clovis, CA: 83,295 SF shopping center on 8.82 ac lot at a busy signalized corner location in Fresno suburbs. Close to California State University Fresno. With easy access to Hwy-168. With multiple points of ingress/egress. 94% leased with good tenant mix. NOI $790K/yr. $10.938M. 7.23% actual cap. Upside potential when fully occupied. Note: Flyer not available, full brochure upon request.   

10. Steak ‘n Shake in St. Ann, MO: 3619 SF American casual restaurant on 1.82 ac corner lot in St. Louis metro. Across from The Crossings at Northwest Mall. 100% absolute NNN corp lease till 2027 to an operator with 544 locations. NOI $78K/yr. $1.312M. 6% cap. Please note: flyer not available, full brochure upon request.
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/MHI: Avg./Median 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.

08-23: Rite Aid, Denton Dental Group, MOB, Dollar Tree, Fresenius Dialysis Clinic, Medical & Professional Buildings, Retail Centers

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1. Strip Center in Lafayette, LA: 14,000 SF six-units retail center built in 2001 on 1.34 ac lot. 100% leased. Five of the six tenant under NNN leases. NOI $171K/yr. $2.145M. 8% cap.

2. Retail Center in Dothan, AL: 7,900 SF five tenants retail center renovated in 1992 on nearly 1 ac lot. Adjacent to a signalized intersection. 100% leased to retail and professional tenants including FastSigns, and H&R Block. NOI $95K/yr. $1.365M. 7% cap.

3. Fresenius in Clovis, NM: 12,261 SF 15-stations dialysis center renovated in 2016 on 2.25 ac lot. 2.9 miles from Emergency Rood at Plains Regional Medical Center. 100% NNN- corp lease till 2031. NOI $207K/yr. with a rent bump in year 11. $3.768M. 5.50% cap.

4. Denton Dental Group in Denton, TX: 4126 SF Class-A single tenant condominium medical building developed in 2009 in fast growing and high-income Fort Worth/Dallas metro. Part of Medical Village with multiple medical buildings. Close to Medical City Denton Hospital. 100% leased till 2027 to a highly rated medical practice. NOI $67K/yr. $994K. 6.75% cap.

5. MOB in Gastonia, NC: 19,154 SF multitenant medical building constructed in 1999 on over 3 ac corner lot in growing Charlotte MSA. 100% leased to three tenants including Atrium Health Primary Care. NOI $311K/yr. $5.19M. 6% cap.

6. Retail Center in Ferndale, MI: 22,729 SF attractive retail center constructed in 1987 on 1.44 ac lot along busy corridor in Detroit suburbs. 94% leased to multiple tenants. NOI $319K/yr. $4.25M. 7.52% cap.

7. Rite Aid in New Kensington, PA: 10,908 SF drug-store completed in 1998 on 2.27 ac lot at a signalized corner location in Pittsburgh MSA. Tenant has been at this location since 1998. 100% absolute NNN corp lease till 2028. NOI $243K/yr. $3.243M. 7.50% cap.

8. Dollar Tree in Independence, MO: 14,850 SF inline single tenant retail building constructed in 2001 on 1.22 ac lot in Kansas City metro. Between Genesis Health Clubs and JOANN Fabric and Crafts. Close to Independence Center Mall. With easy access to I-470/70. 100% NNN- corp lease till 2025. NOI $108K/yr. $1.67M. 6.50% cap.

9. Medical & Professional Building in Canton, OH: 32,196 SF three-story multitenant mixed-use building developed in 2006 on 1.84 ac lot. 97% leased to medical and professional tenants. NOI $333K/yr. $4.175M. 8% cap.

10. Retail Building in Huntsville, AL: 11,839 SF multitenant retail building completed in 2003 on 1.64 ac lot. Shadow anchored by Target and Ross Dress for Less. 100% NNN leased with corporate leases. NOI $269K/yr. $3.852M. 7% cap.              
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/MHI: Avg./Median 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.