01-10: Super Food Supermarket Center, MOB, DaVita, Ross Dress for Less & Dollar Tree Center, Family Dollar, Strip Centers

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1. Retail Center in Lafayette, LA: 14,000 SF retail center built in 1999 on 1.34 ac lot. Adjacent to a major artery with over 56,000 VPD. 100% leased to five tenants. Mostly NNN leased. NOI $186K/yr. $2.19M. 8.5% cap.

2. MOB in Huntsville, AL: 44,907 SF attractive multitenant medical office building developed in 1990 on over 2 ac lot. Next to 180-bed Crestwood Medical Center. 95% leased to 14 tenants. NOI $548K/yr. $8.437M. 6.50% cap.

3. Professional Building in Chico, CA: 18,001 SF Class-B well maintained office building on a 3.0 ac corner lot in a growing city in northern California. 100% leased top GSA/Social Security Administration, Five Star Bank, and California Department of Rehabilitation. NOI $422K/yr. $6.498M. 6.50% cap.

4. DaVita in Sumter, SC: 9,232 SF attractive 16-stations dialysis center along busy corridor. With three points of ingress/egress. 15-year NNN- corp lease till 2030. NOI $169K/yr. with a 10% rent increase in 2025. $3.085M. 5.50% cap.

5. Strip Center in Fort Wayne, IN: 23,482 SF well-kept retail center renovated in 2015 on 2.92 ac lot anchored by Nation’s Best, a Home Improvement Store with 13 companies with 27 locations. 100% NNN leased to four tenants. NOI $165K/yr. $1.95M. 8.47% cap.

6. Ross Dress for Less & Dollar Tree Anchored Center in Hammond, IN: 52,500 SF attractive shopping center developed in 2017 on 5.30 ac lot. Shadow anchored by high-volume Walmart Supercenter. NNN leased. NOI $658K/yr. $8.125M. 8.10% cap.

7. Retail Plaza in Canton, OH: 11,400 SF freestanding Chipotle and five-tenant attractive retail center on 1.81 ac lot. Adjacent to Marc’s Grocery Store, with 60 locations. 100% leased. NOI $204K/yr. $3.215M. 6.37% cap.

8. Super Food Supermarket Anchored Center in Trenton, NJ: 57,906 SF attractive shopping center developed in 2003 on 5.36 ac lot in high-income Philadelphia MSA. 93% leased with excellent tenant mix including Liberty Tax Services, Metro, PCS, Boost Mobile and YMCA. NI $556K/yr. $7.75M. 7.18% cap.

9. Family Dollar in Brownsville, TX: 9360 SF single tenant retail building constructed in 2006 on .75 ac lot. Adjacent to the border with Matamoros, Mexico. 100% NNN- corp lease till 2026. NOI $88K/yr. $1.313M. 6.75% cap.

10.  Strip Center in Las Vegas, NV: 5,500 SF attractive retail center on .94 ac lot in a fast-growing area. 100% leased to Mama’s Kitchen, Vaporsmoke, Domino’s Pizza, and Ra & Uncut Beauty Salon. NOI $126K/yr. $2.046M. 6.2% 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.