02-19: Dollar General, Medical Buildings, Professional Buildings


1.  MOB in Stockbridge, GA: 14,907 SF well kept multitenant medical building completed in 2000 on 1.13 ac lot in fast growing and high income Atlanta MSA. 90% NNN leased to Every Woman’s OB/GYN, Northside Hospital, Fusion Autism Center and Image Link. Adjacent to Piedmont Henry Hospital. NOI $247K/yr. $3.415M. 7.26% cap. Upside potential when fully leased.

2. Professional Building North Las Vegas, NV: 7,189 SF attractive professional building constructed in 2006 in upper middleclass neighborhood with an AHI of $81K/yr in a 3 mile radius. 100% NNN leased to a medical tenant and a day care. NOI $118K/yr. $1.875M. 6.34% cap.

3. MOB in Jacksonville, FL: 11,014 SF single tenant medical office building on .52 ac lot. Across from Memorial Hospital. 100% leased till 2028 to a well established plastic surgery practice. NOI $182K/yr. $2.95M. 6.18% cap.

4. Professional Building in Solon, OH: 13,600 SF Class-B multitenant office building renovated in 2010 on 1.30 ac lot in high income Cleveland suburbs. 100% leased to professional and medical tenants. NOI $218K/yr. $2.729M. 8% cap.

5. Dollar General in Camden, NJ: 7987 SF newly constructed single tenant retail building in Philadelphia suburbs. new 10 year NNN corp lease. NOI $102K/yr. $1.714M. 6% cap.

6. MOB in Boise, ID: 9291 SF attractive multitenant medical office building completed in 1996 on .67 ac lot. 100% leased to three tenants. NOI $240K/yr. $3.9M. 6.2% cap.

7. Dollar General in Wyoming, MI: 8,737 SF single tenant retail building renovated in 2019 on .68 ac corner lot along busy artery. 100% NNN- corp leased till 2029. NOI $81K/yr. $1.298M. 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: Avg. 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.