02-28: Gold’s Gym Plaza, MOB, Professional Buildings, Planet Fitness Plaza, Shopping Centers, Johnson Bank

  1. Professional Building in Westminster, CO: 41,832 SF Class-B multitenant professional building renovated in 2021 on 2.53 ac corner lot in high-income Denver suburbs. Adjacent to Costco Wholesale. 99% occupied. NOI $576K/yr. $7.39M. 7.8% cap.
  2. Planet Fitness Plaza in Carol Stream, IL: 52,000 SF well maintained shopping plaza built in 1979 on 5.49 ac lot at a signalized corner location. In high-income Chicago MSA with an AHI of $100K/yr. in a 3-mile radius. 97% NNN leased. NOI $543K/yr. $7.5M. 7.25% cap.
  3. Retail Building in Brookfield, WI: 20,416 SF consisting of two multi-tenant retail buildings developed in 1985 on 2.29 ac lot in high-income (AHI $121K/yr. in 1-mile) Milwaukee metro. Along busy artery with over 51,000 VPD. 72% leased to six tenants. NOI $202K/yr. $2.85M. 7.11% actual cap. Upside potential when fully occupied.
  4. Retail Center in Miramar, FL: 13,013 SF well-kept retail center built in 1988 on 1.23 ac lot along major corridor in Hollywood suburbs. 100% leased to long-term tenants. NOI $310K/yr. $4.5M. 6.90% cap.
  5. MOB in Columbia, MO: 7062 SF attractive medical office building developed in 2005 at a corner location. 100% leased to two tenants. NOI $69K/yr. $1.035M. 6.75% cap.
  6. Strip Center in Rosenberg, TX: 9450 SF well maintained strip center constructed in 2004 on .70 ac lot in growing Houston MSA. 84% NNN leased with great tenant mix including; Subway, Metro PCS, and Dentist USA. NOI $121K/yr. $1.9M. 6.37% cap.
  7. Gold’s Gym Plaza in Smyrna, TN: 86,231 SF shopping center built in 1992 on 9.47 ac lot anchored by 27,327 SF Gold’s Gym in Nashville metro. Close to Nissan Smyrna Assembly Plant. 93% leased to 11 tenants. Mostly NNN leased. NOI $705K/yr. $11.757M. 6% cap.
  8. Professional Building in Pittsburg, CA: 15,169 SF multitenant professional building in growing Contra Costa County. 82% leased to Contra Costa Lynn Center, DD Dental Lab, and Barrett Orthodontics. NOI $193K/yr. $2.999M. 6.44% cap.
  9. Strip Center in Jamestown, NC: 7,493 SF attractive retail center in growing & high-income Greensboro suburbs. 100% leased to multiple tenants. NOI $100K/yr. $1.6M. 6.29% cap.
  10. Johnson Bank in Waukesha, WI: 8,392 SF attractive single tenant retail building completed in 2000 on nearly 2 ac lot. At a signalized corner location in high-income Milwaukee metro with an AHI of $103K/yr. in 1-mile radius. 100% NNN- leased till 2026 to Johnson Bank with 41 locations. NOI $209K/yr. with 2% annual rent increases. $2.893M. 7.25% 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/MHI:/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.

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

 

 

 

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.

11-02: Goodwill, Valley View Surgery Center, DaVita Dialysis & DaVita Home Health, Harveys Supermarket Anchored Center

 

1. Strip Center in O’Fallon, MO: 14,000 SF well maintained strip center built in 2004 on 3.32 ac lot at a busy artery in fast growing St. Louis MSA. 88% leased to seven tenants. NOI $140K/yr. $1.85M. 7.60% cap.

2. Mixed-use Plaza in Indianapolis, IN: 21,125 SF consisting of one multitenant retail building and one 4,875 SF freestanding medical building constructed in 2000 on over 4 ac lot. Adjacent to 121,582 SF Kroger Supermarket. 100% NNN leased with excellent tenant mix including Franciscan Express Care. NOI $302K/yr. $4.15M. 7.30% cap.

3. Shopping Center in North Richland Hills, TX: 31,472 SF beautiful shopping center developed in 2007 on 3.44 ac lot in high-income Dallas/Fort Worth suburbs. 100% NNN leased with excellent tenant mix. NOI $468K/yr. $7.207M. 6.50% cap.

4. Retail Center in Irmo, SC: 25,234 SF L-shaped well-maintained retail center constructed in 2001 on 2.34 ac corner lot in growing Columbia MSA. 100% leased to retail and professional tenants. NOI $303K/yr. $4.25M. 7.15% cap.

5. Harveys Supermarket Anchored Center in Lakeland, FL: 76,264 SF shopping center built in 1979 on 6.78 ac corner lot anchored by 52,369 SF Harveys/Winn-Dixie Supermarket in Tampa MSA. 100% leased. Mostly NNN leased. NOI $701K/yr. $9.53M. 7.36% cap.

6. DaVita Clinic & DaVita Home Health in Tampa, FL: 5,000 SF DaVita Dialysis Clinic and 4,000 SF DaVita Home Health renovated in 2020. Adjacent to St. Joseph’s Women’s Hospital and St. Joseph’s Children’s Hospital. 100% NNN- leased till 2031. NOI $229K/yr. with 2% annual rent increases. $4.583M. 5% cap.

7. Valley View Surgery Center in Las Vegas, NV: 18,147 SF Class-B single story surgery center on nearly 2 ac corner lot in a growing area. 100% absolute NNN lease till 2027. NOI $415K/yr. with 2.5% annual rent bumps. $7.393M. 5.63% cap.

8. Professional Buildings in Jacksonville, FL: 25,800 SF Class-B multitenant professional buildings on 3.88 ac lot. Adjacent to Argyle Village with Publix Super Market, T.J. Maxx, Joann Fabrics, Party City, and American Signature Furniture. Close to Orange Park Mall. With easy access to I-295. 100% leased to multiple tenants. NOI $292K/yr. $3.25M. 9% cap.

9. Goodwill in Carmichael, CA: 21,440 SF single tenant retail building renovated in 2012 on 2.45 ac lot along busy artery in growing and high-income Sacramento suburbs. 100% NNN- leased to a strong operator with 3,300 locations. NOI $216K/yr. with a 10% rent bump in 2024. $3.77M. 5.75% cap.

10.  Retail Plaza in Waukegan, IL: 27,687 SF well maintained retail center renovated in 2020 on 2.26 ac lot along busy retail artery. Mostly NNN leased. 97% leased to retail and professional tenants. NOI $311K/yr. $3.825M. 8.15% 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.

09-22: DaVita Kidney Clinics, Ocean State Urgent Care, Mixed-use, Save-A-Lot Plaza, Prisma Health, Anchored Shopping Centers

 

 

1. Ocean State Urgent Care in Warwick, RI: 4192 SF freestanding established urgent care center at a corner location in Providence MSA. 100% NNN leased till 2027. NOI $119K/yr. with 3% annual rent increases. $1.7M. 7% cap.  

2. Mixed-use in Peoria, IL: 65,000 SF Class-B multitenant office/retail center along busy artery. Currently leased to 33 tenants. NNN leases. NOI $331K/yr. $3.15M. 10.53% cap.

3. Save-A-Lot Plaza in Akron, OH: 115,600 SF well maintained shopping center on 6.29 ac lot anchored by 13,800 SF Save-A-Lot grocery. Facing two signalized intersections. 72% leased with excellent tenant mix. NOI $615K/yr. $7.695M. 8% cap. Upside potential when fully occupied.

4. Goodwill Anchored Plaza in East Peoria, IL: 46,257 SF well-kept shopping center on 3.62 ac lot. Close to Costco Wholesale. At busy thoroughfare with over 28,000 VPD. Mostly NNN leases. 100% leased to Goodwill, Rent-A-Center, Advance Auto Parts, Firehouse Pizza, Dollar Tree, and Wrought Iron Fitness. NOI $394K/yr. $5.258M. 7.50% cap.

5. Walmart Neighborhood Shadow Strip in Hope Mills, NC: 12,238 SF six-units strip center built in 2017 on 3.33 ac lot. Shadow anchored by Walmart Neighborhood Market. 100% NNN leased to Anytime Fitness, Liberty Tax, Lily Nails, China Star, Yamato Express, and Vapor World. NOI $274K/yr. $3.916M. 7% cap.

6. Strip Center in Franklin, WI: 16,583 SF attractive retail center constructed in 1995 on 1.37 ac lot in Milwaukee suburbs. Shadow anchored by The Home Depot and Planet Fitness. Adjacent to Walmart and Sam’s Club. 100% NNN leased with great tenant mix including Physicians Immediate Care, Sprint, Check N’ Go, GNC, and Pap Murphy’s. NOI $338K/yr. $4.7M. 7.20% cap.

7. Prisma Health in Greenville, SC: 4,341 SF attractive single tenant medical office building developed in 1998 on 1 ac lot. Adjacent to Patewood Medical Campus & St. Francis Eastside Hospital. Close to Haywood Mall. With easy access to I-385. 100% leased to an operator with multiple locations. NOI $61K/yr. with scheduled rental increases. $1M. 6.10% cap.

8. DaVita in Savannah, GA: 8,897 SF 16-stations DaVita dialysis center built in 2015 at a corner location. 100% NNN- corp lease with 8.5 years left. NOI $207K/yr. with a 10% rent increase in year 2025. $4.144M. 5% cap.

9. DaVita in Sumter, SC: 9232 SF 16-stations kidney dialysis clinic developed in 2015 along busy artery. With 3 points of ingress/egress. 100% NNN- corp lease with 9 years remaining to a strong national tenant with 2,795 clinics. NOI $169K/yr. with a 10% rent bump in 2025. $3.393M. 5% cap.  

10. Rite Aid & T.J. Maxx Anchored Center in Fresno, CA: 82,788 SF well maintained neighborhood center on 7.58 ac lot anchored by Rite Aid and T.J. Maxx. At a hard corner location. 96% leased to nine tenants. NOI $760K/yr. $10.865M. 7% cap. Note: flyer not available full brochure upon request.

 

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.

08-30: Food Town Anchored Center, Burlington, Mavis Tire & Brakes, Mixed-use, MSC Industrial Supply, Strip Center, Rite Aid & O’Reilly Auto Parts, MOB

  1. Strip Center in Marietta, GA: 12,860 SF attractive multitenant retail center built in 208 on 1.25 ac lot in growing Atlanta MSA. Close to Walmart and Sam’s Club. With easy access to I-75. 100% leased. NOI $151K/yr. $1.55M. 9.80% cap.
  2. MSC Industrial Supply (NYSE: MSM) in Southfield, MI: 49,524 SF single tenant industrial condominium on 5.53 ac lot in Detroit suburbs. 100% NNN corp lease till 2027 to MSC Industrial Direct, one of the largest industrial equipment distributors in the US, distributing more than 1.9M metalworking and other industrial products. NOI $550K/yr. with 2% annual rent increases. $6.618M. 8.31% cap.
  3. Retail Center in Warner Robins, GA: 21,000 SF attractive retail center constructed in 2013 on 1.81 ac lot in a high-income neighborhood with a MHI of $100K/yr. in a 1-mile radius. NOI $219K/yr. $2.931M. 7.50% cap.
  4. Retail Building in Gastonia, NC: 12,014 SF three-tenant retail building developed in 2009 in growing Charlotte MSA. 100% NNN leased to Dollar General, Little Caesars, and locally owned franchise Tobacco & Vape. NOI $157K/yr. $2.167M. 7.25% cap.
  5. Mixed-use in Victorville, CA: 35,049 SF Class-A two-story professional/medical building constructed in 2007 on nearly 2 ac lot in growing San Bernardino County. 96% leased with excellent tenant mix including, Jonah Medical Group, Veterans Affairs, and Desert Vascular Institute. NOI $644K/yr. $8.92M. 7.23% cap.
  6. Food Town Anchored Center in Houston, TX: 115,885 SF neighborhood center on 8.52 ac lot at a corner location with multiple points of ingress/egress. Anchored by 50,000 SF Food Town, a regional grocery chain with 30 locations. Other major tenants: Family Dollar, Subway, Domino’s Pizza, Jackson Hewitt Tax Service and Galaxy Insurance. 97% leased. 45% of the GLA has NNN leases. Actual NOI $717K/yr. $10.182M. 7.05% cap.
  7. Mavis Tire & Brakes in Lawrenceville, GA: 6468 SF well maintained auto center built in 1999 on 1 ac lot in fast growing Atlanta metro. Along major corridor with over 40,000 VPD. 100% absolute NNN corp lease till 2024 to a strong operator with over 1,000 locations. NOI $182K/yr. $2.438M. 7.50% cap.
  8. Burlington in Oxnard, CA: 26,487 SF recently renovated single tenant retail building developed in 2010 on 1.35 ac lot in upper middle-class seaside city west of Los Angeles. Part of Port Place Shoppes with Esporta Fitness and Smart & Final. New NNN lease till 2032. NOI $370K/yr. with a rent bump in year 6. $7.416M. 5% cap.
  9. Rite Aid & O’Reilly Auto Parts in Martinez, CA: 29,813 SF two-tenant well maintained retail center remodeled in 2020 on 1.10 ac lot in affluent Contra Costa County with an AHI of $142K/yr. in a 1-mile ring. Close to Martinez Medical Center. 100% NNN leased to Rite Aid Corporation and O’Reilly Auto Parts. NOI $504K/yr. $9.618M. 5.25% cap.
  10. MOB in Gainesville, FL: 12,867 SF single tenant medical office building constructed in 2002 on .49 ac outparcel to 510-bed North Florida Regional Medical Center. 10 years NNN- lease with over 5 years remaining. NO $205K/yr. with 3% annual rent increases. $3.52M. 5.82% cap. Note: Flyer not available, full brochure upon request.

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:/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.

08-06: Rite Aid, American Renal Associates, MOB, Professional Buildings, Shopping Centers

  1. Shopping Center in Fort Worth, TX: 25,335 SF well-kept retail center on 1.87 ac lot. Adjacent to I-30. 100% NNN leased with great tenant mix. NOI $268K/yr. $3.352M. 8% cap.
  2. Professional Buildings in Lutz, FL: 10,000 SF consisting of two brick office buildings on 1.10 ac lot in high-income Tampa suburbs with a MHI of $92K/yr. in a 1-mile radius. With frontage along US Hwy-41. 100% leased to multiple professional tenants. NOI $111K/yr. $1.4M. 7.95% cap.
  3. American Renal Associates in Lakewood, CO: 7,768 SF freestanding dialysis clinic renovated in 2007 on 1.53 ac lot in Denver metro. Along six-lane busy corridor. 15-year NNNN- lease till 2023 to a strong operator with 249 locations. NOI $ 315K/yr. $4.193M. 7.50% cap.
  4. Retail Center in Stockton, CA: 17,244 SF attractive retail center renovated in 2018 on 1.70 lot in growing San Joaquin County. At a hard corner location. 100% NNN leased to retail, medical and professional tenants. NOI $326K/yr. $4.395M. 7.4% cap.
  5. Shopping Center in Bartlesville, OK: 44,187 SF attractive neighborhood plaza built in 1997 on 4.56 ac lot along main corridor. Major tenants include Walgreens, FedEx Office and Print Service, Papa John’s and OneMain Financial. 96% NNN leased. NOI $483K/yr. $6.673M. 7.25% cap.
  6. Rite Aid in Harrisburg, PA: 10,250 SF Rite Aid pharmacy constructed in 1995 on .88 ac corner lot. 100% absolute NNN corp lease with 10+ years left. NOI 168K/yr. $2.407M. 7% cap.
  7. MOB in Altamonte Springs, FL: 28,411 SF well maintained 2-story multitenant medical office building developed in 1976 on 1.59 ac lot in Orlando MSA. Adjacent to Advent Health. 86% leased. NOI $349K/yr. $5.25M. 6.65% actual cap. Upside potential when fully occupied.
  8. Retail Center in Springfield, MO: 9,000 SF attractive 6-units retail center built in 2002 on 1.26 ac lot. Leased to five solid tenants. NOI $97K/yr. $1.399M. 7% cap.
  9. Strip Center in Southgate, MI: 14,146 SF attractive retail center renovated in 2017 on 1.02 ac corner lot along busy retail artery in Detroit metro. 90% leased to four tenants. NOI $105K/yr. $1.3M. 8.11% cap.
  10. Strip Center in Waite Park, MN: 6120 SF well-kept retail center on .41 ac corner lot in St. Cloud suburbs. Across from Crossroads Center Mall. 100% leased to multiple tenants. NOI $89K/yr. $1.2M. 7.46% 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.

07-27: Industrial Building, Medical Office Complex, Retail Plazas, MOB, Del Taco and Shops

 

1. Retail Center in Canton, OH: 10,046 SF attractive strip center built in 2007 at a hard corner location in Cleveland MSA. Shadow anchored by Walmart Supercenter. 100% NNN leased to Verizon, Cricket Wireless, GameStop, Cost Cutters (700+ locations), Bright Tiger Dental (30 locations), and Penn Station Subs (310+ locations). NOI $259K/yr. $3.555M. 7.30% cap.

2. Strip Center in Knoxville, TN: 8450 SF attractive strip center developed in 2017 on 1.18 ac lot in a high-income neighborhood with an AHI of $111K/yr. in a 1-mile radius. All units face busy artery with over 29,000 VPD. 100% NNN leased to Maple Street, Bed’r Mattress with 11 locations and Cataleye Cantina. NOI $264K/yr. $3.771M. 7% cap.

3. Medical Office Complex in Indianapolis, IN: 72,399 SF consisting of three multistory medical & professional buildings on nearly 4 ac lot in a high-income area. Major tenants include; ISD Rental, Midwest Institute for Clinical Research and Center for Pain Management. Near Ascension St. Vincent Hospital. 80% leased to multiple tenants. NOI $700K/yr. $9.599M. 7.30% cap. Upside potential when fully occupied.

4. Retail Plaza in Fort Worth, TX: 23,900 SF well-kept retail center on 1.87 ac lot along busy artery. Visible from I-30. 100% NNN leased with excellent tenant mix. NOI $268K/yr. $3.352M. 8% cap.

5. Retail Center in Apopka, FL: 18,358 SF attractive retail center constructed in 2008 on 2.63 ac lot in Orlando MSA. With excellent frontage, access and visibility along busy thoroughfare with over 61,000 APD. 93% NNN leased to multiple tenants including CareSpot Urgent Care, Geico Insurance and Domino’s. NOI $388K/yr. $5.55M. 7% cap.

6. Retail Plaza in Canton, GA: 22,562 SF consisting of three high-end multitenant retail buildings developed in 2008 in affluent Atlanta MSA with an AHI of $120K/yr. in a 1-mile ring. 87% leased to retail, professional and medical tenants. Mostly NNN leased. NOI $304K/yr. $4.34M. 7.01% cap.

7. Shopping Center in Stone Mountain, GA: 55,330 SF well maintained shopping center on 7.56 ac lot in fast growing Atlanta metro. Anchored by City Trends and Dollar General. 89% leased. NOI $428K/yr. $5.5M. 7.80% cap. Upside potential when fully occupied.

8. Industrial Building in Leon Valley, TX: 34,605 SF multitenant industrial building constructed in 2017 on 2.35 ac lot in San Antonio suburbs. 100% NNN leased to multiple tenants. NOI $412K/yr. $4.95M. 8.34% cap.

9. MOB in Wilmington, NC: 6522 SF recently renovated single tenant medical office building on 1.27 ac lot. Close to New Hanover Regional Medical Center. 100% leased to RHA Health Services. NOI $108K/yr. $1.599M. 6.80% cap.

10.  Del Taco & Shops in Merced, CA: 7390 SF consisting of a single tenant NNN ground lease (land for sale) Del Taco and a multi-tenant retail pad at a busy corner location. Shadow anchored by Lowe’s and across from Walmart. 100% NNN leased to three tenants. NOI $213K/yr. $3.561M. 6% 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.

06-07: Brookhaven Health Center, Novant Health Pediatrics, Medical Condo, Edward-Elmhurst Health Care, Walgreens, Retail Center

 

 

1. Walgreens in Gilroy, CA: 14,469 SF attractive drive-thru Walgreens pharmacy remodeled in 2015 on 1.34 ac lot in high income area with an AHI of $137K/yr. in a 3-mile radius. Along Hwy-152. 100% absolute NNN corp lease till 2029. NOI $540K/yr. $11.377M. 4.75% cap.

2. Retail Center in Charlotte, NC: 19,523 SF attractive retail center built in 2001 on 1.70 ac lot in a fast-growing area. 83% leased to multiple tenants. Six out of eight tenants under NNN leases. NOI $367K/yr. $4.375M. 8.4% cap.

3. Medical Condo in Tampa, FL: 2630 SF Class-A single tenant medial condominium developed in 2005. Close to Memorial Hospital. 100% NNN leased. NOI $82K/yr. $1.032M. 8% cap.

4. MOB in Maryville, IL: 6,000 SF attractive medical office building completed in 2009 on 2 ac lot I high-income St. Louis suburbs. 100% NNN leased to Anderson Medical Group and Physiotherapy Associates. NOI $116K/yr. $1.434M. 8.15% cap.

5. Edward-Elmhurst Health Care in Downers Grove, IL: 9521 SF freestanding single tenant drive-thru medical facility on 2.13 ac corner location in affluent Chicago suburbs. 5-year NNN- lease to a strong operator with more than 60 locations. NOI $198K/yr. $3.315M. 6% cap.

6. Novant Health in Rock Hill, SC: 8980 SF single tenant medical office building renovated in 2006 on 1.74 ac lot in Charlotte MSA. 100% NNN- corp lease to Novant Health Rock Hill Family Medicine with over 3 years left. Close to Piedmont Medical Center. NOI $220K/yr. with 3% annual rent increases. $3.582M. 6.15% cap.

7. Novant Health Pediatrics in Charlotte, NC: 3,392 SF attractive single tenant medical office building completed in 2006 in affluent neighborhood with an AHI of $160K/yr. in a 3-mile ring. 100% NNN lased till 2023 to a strong operator with 831 locations. NOI $85K/yr. with 2.5% annual rent escalations. $1.39M. 6.15% cap.

8. Retail Building in Stockton, CA: 4,500 SF two tenant retail building on .44 ac lot. Shadow anchored by Save Mart Supermarkets and Dollar Tree. 100% NNN leased to Smokey Joe’s and Oriental Chef. NOI $67K/yr. $1M. 6.75% cap.

9. MOB’s in College Station, TX: 11,420 SF Class-B consisting of two attractive medical office building in fast growing and high-income area. Close to St. Joseph Health College Station Hospital and Baylor Scott & White Medical Center. 100% NNN leased to multiple medial and professional tenants. NOI $296K/yr. $4.568M. 6.50% cap.

10. Brookhaven Health Center in Atlanta, GA: 20,955 SF 2-story well maintained medical building on nearly 1 ac lot along busy corridor. Close to I-85 with over 212,000 CPD. 100% leased till 2030 to one of the largest public health systems in the US. NOI $406K/yr. with 2.5% annual rent increases. $6.78M. 6% cap. Note: flyer not available full brochure upon request.

 

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.

05-13: WellMed, One Community Health, Medical Plazas, Appebee’s, MOB, Shopping Plazas

 

1. MOB in Baytown, TX: 18,582 SF attractive medical office building completed in 2003 on 12.5 ac lot in fast growing Houston MSA. Across from Houston Methodist Baytown Hospital. 90% leased to PARS MRI, Family Medicine, BP Med Spa, PARS Neurological and First Family Medicine. NOI $241K/yr. with 1-year master lease on a 1,945 SF vacancy. $3.4M. 7.1% cap.

2. Shopping Plaza in Omaha, NE: 178,686 SF neighborhood center built in 2006 on 28.10 acres of land anchored by Ross Dress for Less, Marshalls and Big Lots. Shadow anchored by Target. Close to 232-bed CHI Health Immanuel Hospital. 73% leased to retail, medical and professional tenants. Actual NOI $723K/yr. $9.05M. 8% actual cap. Upside potential when fully leased.

3. One Community Health in Sacramento, CA: 9770 SF single tenant medical office building completed in 2003 on .35 ac lot in a fast-growing area. Adjacent to Hwy-80. Tenant has been at this location since 2016 and recently signed a 5-year renewal beginning in Sept 2021. NOI $142K/yr. with 3% annual rent increases. $2.038M. 7% cap.

4. WellMed in San Antonio, TX: 8,400 SF single tenant medical office building remodeled in 2015 on 2.19 ac lot at a signalized intersection. Visible from Hwy-151. Tenant has been at this location since 2004. New 10 year NNN- corp lease to WellMed with 344 locations. NOI $137K/yr. $2.35M. 5.85% cap.

5. Applebee’s in Chesapeake, VA: 5,156 SF Applebee’s Restaurant built in 1993 on 1.26 ac outparcel to Chesapeake Square Mall in high income Norfolk suburbs. 100% absolute NNN lease till 2028 to a successful and experienced franchisee with 70 restaurants. NOI $225K/yr. with a 10% rent bump in 2023. $2.81M. 8% cap.

6. WellMed in Plant City, FL: 13,754 SF freestanding single tenant medical building renovated in 2017 on 1.84 ac lot in Tampa metro. WellMed has 344 location throughout FL, NM and TX. 100% NNN- corp lease till 2030. NOI $238K/yr. $3.813M. 6.25% cap.

7. Retail Center in Arlington, TX: 16,352 SF well maintained retail center constructed in 2003 on 1.75 ac lot in high income & fast-growing Dallas/Fort Worth suburbs. 100% NNN leased with excellent tenant mix including Kumon, Sushi Go, Kidzania Dentistry, Nail Salon, Great Oaks Dental and more. NOI $256K/yr. $3.665M. 7% cap.

8. WellMed in El Paso, TX: 13,087 SF single tenant medical building renovated in 2018 on 1.37 ac lot along busy corridor. 100% NNN- corp lease to a strong operator with 344 locations. NOI $245K/yr. with 1% annual rent increases. $4.085M. 6% cap.

9. Strip Center in Sparks, NV: 16,138 SF 5-untis well maintained retail center renovated in 2006 on 1.39 ac lot in a fast-growing area. 100% NNN leased to Pizza Plus, Carniceria Mi Rancho, B&B Mini Mart, Sun Loan Company and H&R Block. NOI $382K/yr. $5.32M. 7.20% cap.

10.  MOB in Decatur, AL: 52,772 SF well-kept medical plaza on over 13 ac lot along major corridor. 85% leased with excellent tenant mix including Outpatient Surgery Center, Diagnostic Clinic, Diagnostic Lab and freestanding Pharmacy. NOI $616K/yr. $8.221M. 7.50% 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/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.

03-23: DaVita, Rite Aid, Johnny Carino’s Italian Restaurant, Walgreens, MOB, Retail Buildings

  1. DaVita in Concord, CA: 17,267 SF brand new DaVita Dialysis Center on 1.52 ac lot in high income Contra Costa County with an AHI of $102K/yr. in a 3-mile radius. With easy access to I-680 and Hwy-242. New 15-year corp lease. NOI $897K/yr. with rent increases every 5 years. $19.309M. 4.65% cap.
  2. Rite Aid in Kettering, OH: 11,335 SF attractive drive-thru drug store built in 1997 on 1.24 ac lot at a signalized corner location in upper middle-class Dayton suburbs. Tenant has been at this location since 1997. 100% absolute NNN corp lease till 2030. NOI $227K/yr. $3.255M. 7% cap.
  3. Johnny Carino’s in Oklahoma City, OK: 6297 SF single tenant Italian restaurant completed in 2004 on 1.6 ac corner lot. Tenant has been at this location since 2003. 100% NNN- lease till 2029 to an experience franchisee. NOI $185K/yr. with scheduled rent increases. $2.312M. 8% cap.
  4. Retail Building in Wichita, KS: 30,000 SF newly constructed two tenant attractive retail building on 2.68 ac outparcel to Greenwich Place center with HomeGoods, Ross Dress for Less, World Market, REI, Bed Bath & Beyond and many more. In fast growing and affluent neighborhood with an AHI of $151K/yr. in a 1-mile ring. 100% NNN leased to Marshalls and Skechers with over 3,770 locations. NOI $379K/yr. $5.84M. 6.50% cap.
  5. Walgreens in Las Vegas, NV: 14,747 SF well maintained drive-thru pharmacy built in 1998 at a hard corner location. Across from College of Southern Nevada Charleston. 20-year NNN- corp lease with 6 years remaining. NOI $279K/yr. $4.536M. 6.15% cap.
  6. MOB in Livonia, MI: 6240 SF well-kept single tenant medical office building on .88 ac lot in high income Detroit suburbs.  New 5-year lease with Ascension Medical Group Michigan. NOI $109K/yr. $1.37M. 8% cap.
  7. Walgreens in Marion, IN: 14,729 SF drive-thru Walgreens pharmacy built in 2004 on 1.81 ac lot at a signalized corner location. 25-year absolute NNN lease with 9 years left. NOI $251K/yr. $3.99M. 6.3% cap.
  8. MOB in Muncie, IN: 9362 SF single tenant medical office building and surgical center completed in 1994 on over 1 ac lot. This is a sale leaseback investment. New 10-year NNN lease to Makris Vision Center. NOI $180K/yr. with 2% annual rent increases. $2.483M. 7.25% 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/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.