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 with a MHI of $93K/yr in a 1 mile ring. Key tenants: Florida Cancer Specialists, Orange Park Medical Center, Community Hospice, Island Dentistry and Allstate. 86% leased to medical, professional and retail tenants. NOI $502K/yr. $6.9M. 7.28% cap.
3. Strip Center in Menomonee Falls, WI: 5845 SF well maintained retail center built in 2004 on over 1 ac corner lot in affluent Milwaukee suburbs with an AHI of $127K/yr in a 1 mile ring. 100% NNN leased. NOI $98K/yr. $1.4M. 7.06% cap.
4. MOB in New Braunfels, TX: 15,490 SF Class-B 2-story multitenant medical office building completed in 2009 on nearly 1 ac lot in San Antonio MSA. 100% NNN leased to Baptist Healthcare, Airrosti and CPL Laboratories. NOI $244K/yr. $3.5M. 7% cap.
5. Neighborhood Center in Ocala, FL: 155,391 SF well maintained shopping center renovated in 1990 on nearly 12 acres of land. Along major retail artery with over 30,000 CPD. Major tenants include: ACE Hardware, O’Reilly Auto Parts and Staples. 96% NOI $685K/yr. $7.25M. 9.44% cap.
6. Retail Center in Spring, TX: 18,582 SF attractive retail center completed in 2007 on 1.89 ac lot in fast growing and high income Houston suburbs. 100% NNN leased to multiple tenants. $5.2M. NOI/Cap N/A.
7. Strip Center in Urbandale, IA: 12,864 SF well kept retail center renovated in 1992 on .91 ac lot in Des Moines suburbs. All tenants face busy artery. Near Marley Hay Mall. 100% leased with excellent tenant mix. $1.55M. NOI/Cap N/A.
8. MOB in Marlboro, NJ: 7,000 SF two-story medical office building constructed in 2004 om 1.15 ac lot in affluent New York MSA. 100% leased to multiple tenants. NOI $120K/yr. $1.795M. 6.71% cap.
9. Retail Center in Fresno, CA: 9192 SF mature retail center on .81 ac lot in a fast growing area. 78% NNN leased to multiple tenants. NOI $121K/yr. $1.795M. 6.78% 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.
https://secureservercdn.net/22.214.171.124/6vz.f09.myftpupload.com/wp-content/uploads/2021/07/TransmercialHeader.jpg00Mariahttps://secureservercdn.net/126.96.36.199/6vz.f09.myftpupload.com/wp-content/uploads/2021/07/TransmercialHeader.jpgMaria2020-03-26 19:07:322020-03-26 19:07:3202-25: MOB, Retail Centers, Medical Plazas, Retail Center
Transmercial – Commercial Real Estate
1340 Tully Road, Suite 307, San Jose CA 95122-3055
Tel: (408) 288-5500
Fax: (408) 288-5533
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Sat.: by appointment
Our office is in the Tully Business Center on Tully Road.
(between Highway 101 and McLaughlin).
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