1. Professional Building in Santa Ana, CA: 13,084 SF Class-B multitenant office building on .52 ac lot in growing Los Angeles suburbs. Part of Brookhallow Business Park, a mixed-use commercial and office complex. Near Hwy-55. 100% leased to four tenants. $4M. NOI/Cap N/A.
2. Retail Center in Springfield, IL: 18,000 SF well maintained retail center on over 4 ac lot. 100% NNN leased to multiple tenants. NOI $241K/yr. $3.1M. 7.80% cap.
3. MOB in Hacienda Heights, CA: 11,918 SF two-story multitenant medical office building on .82 ac lot at a signalized corner location in high income Los Angeles suburbs. 58% leased. $3.995M. NOI/Cap N/A.
4. MOB in Melbourne, FL: 45,523 SF well kept medical office building on 6.61 ac lot anchored by Heath First Medical Group. Along Hwy-1. 97% leased. $6.5M. 6.70% cap.
5. Famous Dave’s in Hermitage, TN: 5,772 SF BBQ restaurant built in 1998 on 1.46 ac lot in Nashville suburbs. Along major road with over 27,000 CPD. 100% absolute NNN lease with over 10 years left to an experienced 4 unit operator. NOI $205K/yr. with 7% rent increments every 5 years. $2.934M. 7% cap.
6. Retail Center in San Juan, TX: 18,407 SF retail center built in 2001 on 1.72 ac corner lot in growing McAllen suburbs. With easy access to I-2. Tenants include: Papa John’s, Mariscos Del Mar, Regional Finance, Melrose and an ATM leased to Chase. 100% NNN leased. NOI $216K/yr. $2.707M. 8% cap.
7. MOB in Phoenix, AZ: 10,037 SF medical office condo building completed in 2006. Close to Banner Estrella Medical Center and Desert Sky Mall. 100% NNN leased to CleanSlate, an Addiction Treatment Center & MomDoc, a state-of-the-art OB\GYN. NOI $174K/yr. $2.25M. 7.75% cap.
8. Advance Auto Parts in Muncie, IN: 7,000 SF single tenant retail building completed in 1998 on over 1 ac lot at a signalized intersection. 100% NNN- lease with 4+ years left. NOI $78K/yr. $1.04M. 7.50% cap.
9. Neighborhood Center in Largo, FL: 36,881 SF well maintained shopping center on nearly 2 ac lot in Tampa Bay Area. 85% leased to multiple tenants. $3.2M. NOI/Cap N/A.
10.Retail Center in Gilroy, CA: 12,327 SF mature retail center on over 1 ac lot in growing and high income Silicon Valley with a MHI of $90K/yr. in a 1 mile ring. 100% NNN leased to nine tenants. NOI $194K/yr. $2.985M. 6.50% 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.
https://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpg00Mariahttps://transmercial.com/wp-content/uploads/2021/07/TransmercialHeader.jpgMaria2018-04-10 22:08:522018-05-01 23:48:2803-05: Professional Buildings, MOB’s, Famous Dave’s, Advance Auto Parts, Retail Centers
Transmercial – Commercial Real Estate
1340 Tully Road, Suite 307, San Jose CA 95122-3055
Tel: (408) 288-5500
Fax: (408) 288-5533
M-F 8:30AM - 3:30PM PST
Sat.: by appointment
Our office is in the Tully Business Center on Tully Road.
(between Highway 101 and McLaughlin).
Click for Map