Advisory: interest rates are falling! Transmercial recently receives a 70% LTV loan quote of 3.9%, fixed rate for over 6 years with no prepayment penalty from a lender in GA for a single-tenant dialysis center. This rate is very attractive since just 6 months ago, the rate for the same property was expected to […]
Daily Best Commercial Properties Walgreens in Dallas, TX: 13,905 SF drive-thru pharmacy built in 1998 on 1.38 ac lot at a signalized intersection. Across from center with Fiesta Mart, dd’s Discounts. Adjacent to Target, Walmart Supercenter and Home Depot.100% NNN lease with 3-yrs left. NOI $292K/yr. $3.65M. 8% cap. Strip Center in Ventura, […]
Daily Best Commercial Properties Shopping Center in Alpharetta, GA: 18,603 SF attractive shopping center on 3.35 ac lot in fast growing (136% pop growth since 2000) and affluent (AHI $113K/yr in a 3 mile ring) Atlanta suburbs. Shadow anchored by Aldi grocery. 75% leased. $3.82M. NOI/Cap N/A. Retail Building in Canton, MI: […]
Daily Best Commercial Properties Office Building in Parker, CO: 25,454 SF Class-B office building completed in 2000 on 1.12 ac lot in growing and high income Denver metro with an AHI of $119K/yr in a 3 mile ring. 93% leased to nine tenants. NOI $450K/yr. $6.7M. 6.73% cap. Upside potential. Retail Center in Decatur, GA: […]
Daily Best Commercial Properties MOB in Brownsburg, IN: 5000 SF two-tenant medical office building constructed in 2005 on .62 ac lot in affluent Indianapolis suburbs. Close to I-74. Major tenant: IU Health.100% NNN leased. NOI $93K/yr. $1.31M. 7.14% cap. FastMed Urgent Care in Roanoke Rapids, NC: 3200 SF medical office building renovated […]
Daily Best Commercial Properties Burger King in Phoenix, AZ: 3500 SF restaurant on .8 ac lot. 100% NNN lease with no landlord responsibilities to an experienced franchisee. NOI $95K/yr. $1.461M. 6.5% cap. Family Dollar in Harvey, LA: 9180 SF newly constructed Family Dollar on 1 ac lot in New Orleans metro. New 15 […]
Daily Best Commercial Properties Neighborhood Center in Saint Petersburg, FL: 51,619 SF neighborhood center built in 1989 on 4.3 ac lot on a 6-lane artery. Anchored by Aldi Grocery, and Davita Dialysis. 97% leased with 51% of the center occupied by national tenants. NOI $373K/yr. $4.545M. 8.2% cap. Strip Center in Coral Springs, […]