02-01: Family Dental, Shopping Centers, Burger King, Strip Centers, Walgreens

 

 

Daily 10 Best Commercial Properties
 

1.     Walgreens in Baytown, TX: 13,905 SF Walgreens constructed in 2000 on 1.50 ac lot at a signalized corner location. Close to San Jacinto Hospital and Hwy-146. 20 yrs NNN- corp lease with over 3 yrs left. NOI $259K/yr. $3.463M. 7.50% cap.

2.     Retail Center in Aurora, CO: 22,264 SF well maintained retail center renovated in 2006 on 1.64 ac lot in Denver suburbs. Adjacent to Burlington Coat Factory and with easy access to I-225. 91% NNN leased to seven tenants. NOI $246K/yr. $3.525M. 7% cap. Upside potential when fully leased.

3.     Retail Center in Sacramento, CA: 28,996 SF attractive retail center along major corridor. 84% leased. Near Hwy-50. Actual NOI $233K/yr. $3.075M. 7.60% cap.

4.     Retail Center in Yuba City, CA: 10,800 SF attractive retail center built in 2005 in a growing City North of Sacramento. 86% leased. NOI $207K/yr. $2.967M. 7% cap.

5.     Retail Center in El Centro, CA: 19,347 SF well maintained retail center on over 2 ac lot in a growing area East of San Diego. NNN leased to multiple tenants. NOI $298K/yr. $3.975M. 7.50% cap.

6.     Burger King in Bellwood, IL: 2286 SF newly constructed Burger King on .51 ac lot in a middle-class area. 15 yrs NNN lease. NOI $114K/yr with 10% rent increases every 5 yrs. $1.821M. 6.30% cap.

7.     Strip Center in Roeland Park, KS: 9720 SF retail center completed in 2006 on .83 ac outparcel to Lowe’s shopping center in upper middle-class Kansas City suburbs. 100% NNN leased to Cici’s Pizza, Tips & Toes, Liberty Tax Services and Checksmart. NOI $201K/yr. $2.885M. 7% cap.

8.     Shopping Center in Norfolk, VA: 31,448 SF shopping center on 3 ac lot along retail corridor. Adjacent to Walmart Supercenter and Sam’s Club. NNN leased. NOI $335K/yr. $3.9M. 8.60% cap.

9.     Retail Center in San Diego, CA: 9630 SF well kept retail center on .84 ac lot. Shadow anchored by Rite Aid and Su Mercado grocery. 100% NNN leased. NOI $218K/yr. $3.465M. 6.32% cap.

10.  Family Dental in Green Bay, WI: 5000 SF newly constructed single tenant medical office building in a fast growing area. 10 yrs NNN lease to Family Dental. NOI $100K/yr with 10% rent increases every 5 yrs. $1.43M. 7% 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.

01-09: Rapid Fired Pizza, Retail Centers, Shopping Centers, TitleMax, Strip Centers

 

 

Daily 10 Best Commercial Properties
 

1.     Retail Center in Lake Zurich, IL: 9680 SF retail center built in 2004 on 1.28 ac lot in a growing and affluent neighborhood with an AHI of $159K/yr in a 3 mile radius. Along busy retail corridor and close to Walmart, Costco. 83% NNN leased to Sherwin Williams, Domino’s and Lacey’s Place, a legal gambling cafe. Actual NOI $149K/yr. $2.13M. 7% actual cap.

2.     TitleMax in Hemet, CA: 2400 SF newly renovated single-tenant retail building on .62 ac lot in growing Riverside County. Adjacent to shopping centers with Marshalls, Target, Ross Dress for Less and Smart & Final Extra. 100% absolute NNN lease with 6 yrs left. NOI $90K/yr. $1.44M. 6.25% cap.

3.     Retail Center in Fair Oaks, CA: 16,404 SF well maintained retail center at a busy signalized corner location in growing Sacramento suburbs. 77% NNN leased. Actual NOI $157K/yr. $2.39M. 6.60% actual cap. Upside potential when fully leased.

4.     Retail Center in Fontana, CA: 6126 SF retail center built in 2008 on over 1 ac corner lot in growing San Bernardino County. 100% NNN leased. NOI $104K/yr. $1.495M. 7% cap.

5.     Retail Center in Lynwood, CA: 11,240 SF well maintained retail center on .90 ac lot in densely populated Los Angeles area with over 900,000 residents in a 5 mile ring. Good tenant mix. NOI $208K/yr. $3.28M. 6.35% cap.

6.     Rapid Fired Pizza in Kettering, OH: 3608 SF single-tenant retail building completed in 1999 on nearly 1 ac outparcel to Kroger grocery in Dayton suburbs. Across from Sears Outlet and Dollar Tree. 10 yrs absolute NNN ground lease (land for sale, tenant owns the building). NOI $90K/yr. $1.25M. 7.20% cap.

7.     Retail Center in Spring, TX: 10,055 SF retail center built in 2000 on .62 ac lot in fast growing and high income (AHI $119K/yr) Houston suburbs. 100% leased to Taboo Smoke Emporium, Anything Wireless, Beadoholique, Sprint Cuts, All Home Houston and Window Tint & Alarm. NOI $111K/yr. $1.7M. 6.58% cap.

8.     Strip Center in Roseville, CA: 7160 SF in-line four tenant strip center on .66 ac lot in high income Sacramento suburbs.   Shadow anchored by Goodwill, 99 Cents Only and Office Depot. 100% leased to Teriyaki Domo, Convenience Store, Thai Basil and Metro PCS. NOI $143K/yr. $2.35M. 6.10% cap.

9.     Retail Building in Fresno, CA: 3750 SF retail building at a signalized corner location and in a fast growing area. 100% NNN leased to Quickmart and Windfall Donut. NOI $67K/yr. $1.166M. 5.80% cap.

10.  Shopping Center in Lubbock, TX: 24,000 SF retail center and 8,000 SF free-standing medical office building on 2.72 ac corner lot. Across from Target. On an off/on ramp of Hwy-289 that circles the city. Tenants include: Nova Medical Center, Fast Eddies, Little Caesars, Cricket Wireless, Battery Joe, First Cash Pawn, Star Nails and University Liquor. 96% NNN leased. NOI $408K/yr. $5.455M. 7.48% 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.

12-22: Auto Center, Retail Center, Apartments, MOB, Casino, Shopping Centers

 

Daily 10 Best Commercial Properties
 

1.     Auto Center in Surprise, AZ: 20,640 SF multi-tenant auto center built in 1997 on 1.72 ac lot along busy artery in growing Phoenix suburbs. 100% leased. NOI $147K/yr. $1.775M. 8.3% cap.

2.     Strip Center in New Lenox, IL: 5,362 SF attractive strip center completed in 2015 outparcel to Walmart Supercenter in a growing and affluent Chicago MSA with an AHI of $101K/yr. 100% NNN leased to AT&T, Papa John’s and PMA. NOI $139K/yr. $1.995M. 7% cap.

3.     Retail Center in Yuba City, CA: 10,800 SF attractive retail center built in 2003 in a growing City North of Sacramento. 100% leased. NOI $207K/yr. $3.195M. 6.50% cap.

4.     Retail Center in Dartmouth, MA: 29,400 SF well maintained retail center on 5.31 ac lot in upper middle-class Boston MSA with an AHI of $75K/yr. Across from Dartmouth Mall with Macy’s, JC Penney and Sears. 100% leased with diverse tenant mix. NOI $312K/yr. $4.025M. 7.76% cap.

5.     Retail Center in Hesperia, CA: 19,730 SF retail center built in 2008 on 3 ac outparcel to Stater Bros. Market in San Bernardino County. 87% NNN leased to eight tenants. NOI $298K/yr. $4.594M. 6.50% cap.

6.     Retail Center in Avondale, AZ: 16,054 SF attractive retail center constructed in 2006 on 2.45 ac lot in fast growing (459% pop growth since 2000) Phoenix MSA. Good tenant mix: free-standing building Super Carniceria Los Alamos, Brighter Angeles Day Care Center, AMAXX Hair Salon, Avondale Tooth Factory, DA’S Barbershop and Mariscos 7 Mares Seafood Restaurant. 100% NNN leased. NOI $317K/yr. $4.541M. 7% cap.

7.     Apartments in Stockton, CA: 62,050 SF two apartment building complex consisting of 105 well-maintained units on over 3 ac lot. Close to schools and shopping centers. NOI $419K/yr. $5.9M. 7.11% cap.

8.     MOB in Rowlett, TX: 13,465 SF Class-B multitenant medical office building in growing Dallas suburbs. Across from Baylor Scott & White Medical Center. 100% leased. NOI $273K/yr. $3.4M. 8.03% cap.

9.     Shopping Center in Pasadena, TX: 35,197 SF well kept shopping center renovated in 2014 on 7.6 ac lot in Houston suburbs. Anchored by El Mercado Supermarket, Dollar Tree and Family Dollar. 70% NNN leased. NOI $769K/yr. $9.75M. 7.89% cap.

10.   Casino in Billings, MT: 3855 SF single-tenant Casino constructed in 2008 on 2.49 ac lot in a growing middle-class area. 10 yrs NNN lease. NOI $93K/yr. $1.33M. 7% 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.

12-09: Professional Building, Portfolio of Retail Centers, Jiffy Lube, Walgreens, Shopping Centers

 

Daily Best 10 Commercial Properties
 

1.     Retail Center in Jones Creek, GA: 16,340 SF attractive strip center built in 1997 on 1.87 ac lot in growing and affluent Atlanta suburbs with an AHI of $120K/yr. Shadow anchored by Home Depot & Target and across from Wholefoods Market. 100% leased to five tenants. NOI $223K/yr. $3.005M. 7.44% cap.

2.     Shopping Center in West Palm Beach, FL: 41,711 SF well maintained shopping center on 4.32 ac lot along major artery. Adjacent to Publix Super Market shopping center. 88% leased. Actual NOI $490K/yr. $5.7M. 8.60% cap. Upside potential.

3.     Shopping Center in Lake Worth, FL: 38,530 SF well kept shopping center on 3.38 ac lot. Adjacent to two major shopping centers with Walmart Neighborhood Market and Marshalls.  95% leased. Actual NOI $397K/yr. $5.45M. 7.30% actual cap.

4.     Walgreens in Lake Charles, LA: 14,490 SF well maintained drive-thru drug store constructed in 2001 on over 1 ac corner lot in high income area. 100% NNN- corp lease with 5 yrs left. NOI $288K/yr. $3.84M. 7.50% cap.

5.     Retail Building in Kokomo, IN: 5500 SF newly constructed retail building on .60 ac outparcel to Kokomo Mall. 100% NNN leased. NOI $81K/yr. $1.05M. 7.75% cap.

6.     Jiffy Lube in Mesa, AZ: 1589 SF three-bay single-tenant auto center on .27 ac lot along major retail corridor in growing Phoenix suburbs. Close to major shopping centers with Costco, Walmart Supercenter, Fry’s Supermarket. With easy access to Hwy-60. 100% NNN leased with over 7 yrs left to a strong operator with over 50 units. NOI $91K/yr with 10% rent increases every 5 yrs. $1.361M. 6.75% cap.

7.     Retail Center in Winston Salem, NC: 22,936 SF well maintained retail center on nearly 2 ac lot in high income neighborhood with AHI of $88K/yr. 100% leased to Dollar General, Wyatt & Dad Shoe Repair, KC Hair Salon, L.U.V. Nails, CrossFit Amplitude and South Fork Electric. NOI $142K/yr. $1.781M. 8% cap.

8.     Shopping Centers Portfolio in McDonough, GA: a portfolio of three retail centers with 20,050 combined SF in growing Atlanta suburbs. 100% leased to seventeen tenants. NOI $226K/yr. $2.385M. 9.50% cap.

9.     Professional Building in Lambertville, MI: 22,676 SF Class-B professional building completed in 2004 on 6.54 ac lot in growing and upper middle-class Toledo MSA. Major tenants: Aspen Urgent Care, and Directions Credit Union. 88% leased to professional and medical tenants. Proforma NOI $288K/yr. $3.2M. 9% cap.

10.  Retail Center in Bolingbrook, IL: 9851 SF retail center built in 2004 on 1.62 ac lot in Chicago suburbs. Good demographics: fast growing (128% pop growth) and affluent (AHI $136K/yr) neighborhood. Adjacent to CVS Pharmacy. 88% NNN leased to Papa John’s, Eye Level, Serene Dental, J&J Nails and Sesame Chinese. Actual NOI $170K/yr. $2.1M. 8.13% actual cap. Upside potential.

 

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.

11-17: Mixed-use, Chesterbrook Academy, Shiekh Shoes, Mountain Mikes Pizza, Shopping Centers

 

Daily Best 10 Commercial Properties
 

1.     Mountain Mikes Pizza in Alameda, CA: 2500 SF well maintained single-tenant retail building on .28 ac lot in high income (AHI $90K/yr in a 1 mile ring) San Francisco Bay Area. Tenant has been at this location since 2007. 100% NNN leased with 1 yr left. NOI $69K/yr. $1.2M. 5.77% cap.

2.     Shiekh Shoes in Humble, TX: 10,677 SF single-tenant retail building on nearly 1 ac lot in fast growing Houston suburbs. Adjacent to Ross Dress from Less and across from 1,200,000 SF Deerbrook Mall. With easy access to I-69. This is a sale and lease-back investment. New 15 yrs NNN lease to a strong operator with 140 stores. NOI $256K/yr with 10% rent bumps every 5 yrs. $3.416M. 7.50% cap.

3.     Chesterbrook Academy in Richmond, VA: 5181 SF well kept daycare facility in affluent residential neighborhood with an AHI of $104K/yr. 100% NNN lease with 5 yrs left. NOI $87K/yr with rent increases. $1.25M. 7% cap.

4.     Retail Centers in various cities in TX: 8625 SF retail center built in 2004 and 7932 SF retail center built in 2003 in a fast growing Houston suburbs. $4.6M.

5.     Shopping Center in Lino Lakes, MN: 20,528 SF attractive shopping center built in 2003 on over 4 ac lot in affluent Minneapolis MSA with an AHI of $119K/yr in a1 mile ring. 93% leased. NOI $224K/yr. $3.1M. 7.25% cap.

6.     Strip Center in Phoenix, AZ: 5618 SF well maintained strip center constructed in 2001 on .58 corner lot at a signalized intersection. Across from Phoenix VA Health Care Systems Hospital. 100% leased. NOI $121K/yr. $1.9M. 6.40% cap.

7.     Retail Center in Eau Claire, WI: 17.200 SF retail center on 1.50 ac lot along busy corridor. Across from Target Menards. Close to Walmart Supercenter, Oakwood Mall and with easy access to Hwy-53. 90% NNN leased. Actual NOI $192K/yr. $2.75M. 7% actual cap. Upside potential when fully leased.

8.     Mixed-use in Lancaster, CA: 10,898 SF consisting of three retail/office buildings on .85 ac lot at a hard corner location in growing Southern California. With easy access to Hwy-14. NOI $120K/yr. $1.9M. 7% cap.

9.     Retail Center in Blaine, MN: 9200 SF attractive retail center built in 2007 on 1.50 ac lot in Minneapolis suburbs. Across from Walmart and Lowe’s. NOI $196K/yr. $2.2M. 8.95% cap.

10.  MOB in Cincinnati, OH: 14,720 SF multitenant medical office building on .67 ac lot. Close to Mercy Health Hospital. 84% NNN leased to seven tenants. Actual NOI $108K/yr. $1.1M. 9.90% 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.

 

 

David V. Tran

Chief Investment Advisor. CA BRE# 00969014

Transmercial — Commercial Real Estate Investments

408-288-5500 ext. 201, 408-288-5533 (F)

10-13: MOB, Apartments, Family Dollar, Retail Centers, Strip Centers, Neighborhood Centers

 

Daily Best 10 Commercial Properties
 

1.     Neighborhood Center in Fort Worth, TX: 82,000 SF well maintained shopping center on over 9 ac lot along busy corridor in a fast growing area. Includes three pad sites; Sonic, Taco Casa and Twice the Ice. Close to I-820. 88% leased with excellent tenant mix. Actual NOI $461K/yr. $6.5M, 7.10% cap.

2.     Strip Center in Rancho Cordova, CA: 3794 SF attractive strip center in growing Sacramento suburbs. Close to Costco. Tenants include: Subway and Grills & Greens, a highly rated on Yelp Persian/Iranian Restaurant. 100% NNN leased. NOI $105K/yr, $1.69M. 6.25% cap.

3.     Retail Center in Winston Salem, NC: 22,936 SF well maintained retail center in high income neighborhood with AHI of $85K/yr. 100% leased to Dollar General, Wyatt & Dad Shoe Repair, KC Hair Salon, L.U.V. Nails, CrossFit Amplitude and South Fork Electric. NOI $142K/yr. $1.781M. 8% cap.

4.     MOB in Yuba City, CA: 8648 SF Class-A single-tenant medical office building on nearly 1 ac corner lot in a growing City North of Sacramento. Adjacent to Gauche Aquatic Park and close to Sutter North Medical Hospital. 100% NNN leased with 5 yrs left to Sutter North Medical Foundation. NOI $154K/yr. $2.575M. 6% cap.

5.     Retail Center in Henderson, NV: 9557 SF retail center built in 2007 on .70 ac lot in Las Vegas suburbs. Shadow anchored by Albertsons grocery. Across from Dignity Health-St. Rose Dominican Hospital. 77% NNN leased to three tenants. Actual NOI $113K/yr. $1.366M. 8.34% actual cap. Upside potential.

6.     Shopping Center in Cypress, TX: 20,988 SF newly constructed shopping center on 2.52 ac lot anchored by Pet Supermarket in growing and affluent Houston MSA with an AHI of $151K/yr in a 1 mile ring. 93% leased. Actual NOI $674K/yr. $8.762M. 7.70% actual cap. Upside potential when fully occupied.

7.     Family Dollar in Aurora, CO: 8000 SF single-tenant retail building constructed in 2012 on .97 ac lot in a growing upper middle-class area. 100% NNN leased with 5 yrs left. NOI $124K/yr. $1.877M. 6.65% cap.

8.     Apartments in Opa Locka, FL: 64-units apartment complex built in 1969 on 1.52 ac lot in Miami suburbs. Good unit mix: 24 1BR/1BA & 40 2BR/1BA. 95% occupied. NOI $255K/yr. $3.4M. 7.51% cap.

9.     MOB in Riverview, MI: 10,506 SF Class-B multitenant medical office building completed in 2001 on 1.24 ac lot. 100% NNN leased to American Red Cross, Beaumont and Edward Jones. NOI $119K/yr. $1.495M. 8% cap.

10.   Retail Center in Coral Springs, FL: 8000 SF well maintained retail center on .31 ac lot along main retail artery in Fort Lauderdale suburbs. 100% leased. 6.91% cap. NOI N/A.

 

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.

 

 

David V. Tran

Chief Investment Advisor. CA BRE# 00969014

Transmercial — Commercial Real Estate Investments

408-288-5500 ext. 201, 408-288-5533 (F)

 

09-19: Fresenius Dialysis Center, MOB, Apartments, Retail Centers, Shopping Centers

 

Daily Best 10 Commercial Properties
  1. Retail Center in Palm Springs, FL: 15,050 SF attractive retail center along busy corridor. Close to Palm Beach State College. 92% leased to a diverse mix of local tenants.  Actual NOI $188K/yr. $2.870M. 6.56% actual cap. Upside potential when fully leased.
  2. Mixed-use in Granada Hills, CA: 43,017 SF well kept retail/office building on 1.82 ac corner lot anchored by 99 Cent Only Store. In densely populated (over 540.000 residents in a 5 mile ring) and upper middle-class (AHI $85K/yr) Los Angeles suburbs. Adjacent to Walgreens and Staples. 95% leased to retail and professional tenants. NOI $512K/yr. $10.05M. 5.10% cap.
  3. MOB in Tomball, TX:  16,600 SF Class-A multitenant medical office building constructed in 2009 on 4 ac lot in fast growing (381% pop growth since 2000) and high income (AHI $111K/yr in a 3 mile ring) Houston MSA. Along major corridor and next to Emerus Tomball Medical Center. 85% leased to Tomball Healthcare and Cancer Treatment Center. Actual NOI $838K/yr. $5.9M. 6.50% cap.
  4. Retail Building in Sparks, NV: 4700 SF attractive retail building completed in 2007 on nearly 1 ac lot in a fast growing Reno suburbs. Across from Sparks Crossing with Cost Plus World Market, Ross Dress for Less, Dollar Tree, Bed Bath & Beyond among others. Adjacent to Walmart Supercenter and Kohl’s.  100% NNN leased with good tenant mix including Starbucks Coffee. NOI & price not available.
  5. Apartments in Tyler, TX: 20-units well maintained duplexes on 1.88 ac lot in growing and upper middle class area with an AHI of $85K/yr in a 1 mile radius. Property consist of seven – 2BR/1BA, two  3BR/2BA, six – 2BR/2BA and five – 3BR/1.5BA. 96% occupied. NOI $123K/yr. $1.65M. 7.50% cap.
  6. Retail Center in Atlanta, GA: 8300 SF retail center built in 210 on .69 ac lot. Across from Walmart Supercenter and near I-20. 89% leased to national and credit tenants including BB&T Bank. Actual NOI $88K/yr. $1.105M. 8% actual cap. Upside potential.
  7. Fresenius in Suwanee, GA: 7740 SF dialysis center built in 2006 on .85 ac corner lot in fast growing Atlanta metro. With easy access to I-85. New 10 yrs NNN- corp lease. NOI $143K/yr with 5.14% rent increase in yr 6. $2.214M. 6.50% cap.
  8. MOB in Arlington Heights, IL: 18,154 SF Class-B multitenant medical office building constructed in 1990  on 1.38 acres lot in high income (AHI $105K/yr in 1 mile) area.  100% NNN leased.  NOI $422K/yr. $6.033M. 7% cap.
  9. Apartments in Phoenix, AZ: 30-units well maintained apartment complex constructed in 1980 on .88 ac lot. Close to schools, parks, Christown Spectrum Mall and Abrazo Central Campus Hospital. Recently improvements include: paint, AC units, repairs on rood, flooring in several units, in several units appliances, countertops, cabinets, finishes and paint. 100% occupied. Pro forma NOI $114K/yr. $1.476M. 7.79% cap.
  10. Retail Center in Saint Paul, MN: 8500 SF 8-units attractive retail center on .62 ac lot in a growing middle-class area. Recently new energy saving system installed. 100% leased to long term tenants. NOI $117K/yr. $1.3M. 9% 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.

 

7-01: Honest 1 Auto, CVS. AAP, Shopping Centers

 

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 be in the 4.5% range.

 

 

Daily Best Commercial Properties
 

  1. Honest 1 Auto in Aurora, IL: 8913 SF auto service center built in 1997 in upper middle class Chicago metro. 10 yrs NNN franchisee lease till 2024 to Honest 1 Auto Care, a regional tenant with 55 locations  NOI $120K/yr with 10% rent bump in 2019.  $1.775M. 6.75% cap.
  2. Shopping Center in Las Vegas, NV: New 32,800 SF shopping center on 3.14 acres anchored by Dollar Tree.  High growth & high income area.  100% NNN leased to 5 tenants.  NOI $536K/yr. $8M. 6.71% cap.
  3. Strip Center in Houston, TX: 18,360 SF strip center built in 2000 on 1.69 ac lot.  100% leased.  NOI $187K/yr. $2.315M. 8.1% cap.
  4. Shopping Center in Fishers, IN: 38,622 SF shopping center built in 1998-2000 on 4.81 ac parcel in high income Indianapolis suburbs with AHI of $97K/yr in 3 miles ring.  Excellent visibility from the main road. 89% leased.  NOI $329K/yr. $4.7M. 7% cap.
  5. CVS in Westland, MI: 10,885 SF drugstore with drive-thru built in 2002 on 3/4 ac corner lot in Detroit suburbs.  100% corp NNN- leased till 2023.  NOI $249K/yr with rare bumps every 5 yrs (next bump in 2/2018. $3.4M. 7.34% cap.
  6. Advance Auto Parts in Knoxville, TN: 7000 SF AAP on .69 ac lot on a busy state highway.  100% leased with 4 1/2 yrs left.  NOI $141K/yr. $1.905M. 7.4% cap.
  7. Burger King in Bellwood, IL: brand new 2286 SF Burger King on .51 ac lot in Chicago metro.  New 15 yrs  absolute NNN lease.  NOI $106K/yr. $1.642M. 6% cap.
  8. Shopping Center in Lakeland, FL: 102,572 SF shopping center completed in 1989 on 15.6 ac lot East of Tampa metro.  Anchored by 51,672 SF Winn Dixie grocery.  Property is under building facade improvement to be completed by 9/2016. 84% leased.  Current NOI $577K/yr.  $8.5M.  6.79% cap.  Upside potential.  Buyer to assume $4.8M loan due in 2025 at 4.58% interest.
  9. Strip Mall in Waukesha, WI:  9856 SF well-kept strip mall built in 1980 on .73 ac lot in middle-class Milwaukee metro.  Current NOI $101K/yr.  $1.08M. 9.3% cap.

 

(c) Transmercial 2016
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.

 

06-01: Walgreens, Del Taco, CVS Pharmacy, AMSCOT Financial, Neighborhood Centers

 

Daily Best Commercial Properties
 

  1. 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.
  2. Strip Center in Ventura, CA: 6000 SF retail center on .33 ac lot in high income (AHI $92K/yr) Southern California. Close to 208-bed Ventura County Medical Center and Pacific View Mall with 145 stores. 100% NNN leased. NOI $109K/yr. $1.65M. 6.66% cap.
  3. Retail Center in Ventura, CA: 7,680 SF well maintained retail center on .44 ac lot in growing Southern California. Adjacent to Ventura College with over 13,000 students. Close to Ventura County Medical Center and Pacific View Mall. 100% leased. NOI $172K/yr. $2.45M. 7.05% cap.
  4. Del Taco in Pittsburg, CA: 2691 SF Del Taco built in 2001 on .74 ac lot in a growing upper middle class Contra Costa County. Adjacent to Century Plaza with Ross Dress for Less, Target, Burlington Coat Factory and Maya Pittsburg Cinemas. Close to Somersville Town Center and with easy access to Hwy-4. 100% absolute NNN lease with over 17 yrs left. NOI $102K/yr with 10% rent bumps every 5 yrs. $1.889M. 5.40% cap.
  5. CVS in Baltimore, MD: 12,608 SF drug store built in 1995 on .61 ac lot in middle-class area.  Tenant recently exercised 1st 5-yr option.  NOI $173K/yr.  Price reduced from $2.476M to $2.237M. 7.75% cap.
  6. AMSCOT in Leesburg, FL: 4800 SF single-tenant retail building on .62 ac corner lot along major artery in Orlando MSA. Early 5 yrs NNN renewal with 6 yrs left to Amscot Financial, a regional tenant.  NOI $141K/yr. $1.77M. 8% cap.
  7. Shopping Center in Oak Park, IL: 36,170 SF shopping center along major retail corridor in high income (AHI $95K/yr in 1 mile) Chicago suburbs. Major tenants include: Dollar Tree, Cash America, H&R Block and InsureOne. 88% NNN leased. Actual NOI $480K/yr. $6M. 8% actual cap. Upside potential when fully leased.
  8. Neighborhood Center in Brownsville, TX: 173,667 SF well maintained shopping center on over 18 acres of land anchored by Big Lots and Fallas. Visible from I-69E. Other major tenants include: CSL Plasma, Harbor Freight Tools, Family Dollar, Tuesday Morning and Jack in the Box (ground lease). 96% leased. Actual NOI $1.306M/yr. $15.839M. 8.25% actual cap. Upside potential.
  9. Retail Center in Brownsville, TX: 35,792 SF retail center completed in 2002 on nearly 3 ac corner lot in a fast growing area. Adjacent to Sunrise Mall with 100 stores and I-69E. Major tenants include: Mattress Firm, Leslie’s, Poolmart, Nutrishop, America’s Best Eyeglass and Shenanigan’s Irish Pub. 100% NNN leased. NOI $581K/yr. $7.044M. 8.25% cap.
  10. Retail Center in Frisco, TX: 36,485 SF attractive shopping center on 3.73 ac outparcel to Walmart Supercenter in booming (6,753% pop growth in a 1 mile radius) and affluent (AHI $127K/yr in a 1 mile radius) Dallas/Ft Worth MSA. 91% NNN leased. NOI $732K/yr. $9.764M. 7.50% cap.
(c) Transmercial 2016
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.

 

5-18: DaVita Dialysis Center, Casa Ramos Mexican Restaurant, Burlington Coat Factory, Office Buildings, Retail Centers

 

 

Daily Best Commercial Properties
 

  1. 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.
  2. Retail Building in Canton, MI: 3,510 SF retail building at a hard corner location in affluent (AHI $103K/yr in a 3 mile ring) Detroit suburbs. Across from Kohl’s, Lowe’s and Target. 100% NNN leased to 7-Eleven and Sultan’s Express Middle Eastern Eatery. NOI $75K/yr. $1.175M. 6.40% cap.
  3. Retail Center in Garden Grove, CA: 11,648 SF well maintained retail center on nearly 1 ac lot in upper middle-class Los Angeles area with AHI of $105K/yr in 1 miles radius. Across from LA Fitness and Walgreens. Adjacent to Vons grocery and ACE Hardware center. 100% leased. NOI $312K/yr. $3.55M. 6% cap.
  4. Office Plaza in San Diego, CA: 39,993 SF Class-B multitenant professional building in high income Southern California. With easy access to I-805. 100% leased. NOI $394K/yr. $6.35M. 6.21% cap.
  5. DaVita in El Paso, TX: 9420 SF dialysis center constructed in 1994 on nearly 1 ac corner lot. Tenant has been at this location for 15 yrs. 100% NNN- corp lease with 4 yrs left. NOI $125K/yr. $1.85M. 6.80% cap.
  6. Casa Ramos in Sacramento, CA: 7500 SF well maintained Mexican Restaurant built in 2006. Outparcel to 660,600 SF regional Power Center with Target and Burlington Coat Factory. Close to I-80. 100% leased to a regional operator with 14 locations. NOI $139K/yr. $2.25M. 6.20% cap.
  7. Retail Center in Mansfield, TX: 14,265 SF high quality constructed retail center completed in 2010 on nearly 2 ac lot. In booming (over 5000% pop growth since 2000) and affluent Ft Worth/Dallas MSA with an AHI of $125K/yr. 91% leased. Pro forma NOI $219K/yr. $2.9M. 7.58% cap.
  8. Burlington Coat Factory in Houston, TX: 96,500 SF big-box retail building constructed in 1993 on over 1 ac lot. Across from West Oak Mall with over 100 stores. 100% NNN lease with over 3 yrs left. NOI $361K/yr. $4.825M. 7.50% cap.
  9. Office Building in Mason, OH: 20,493 SF Class-A professional office building completed in 2006 on over 2 ac lot in growing and high income Cincinnati suburbs. 82% NNN leased to multiple tenants. NOI $282K/yr. $3.4M. 8.30% cap.
  10. Retail Center in Federal Way, WA: 33,325 SF well maintained retail center on .88 ac lot in upper middle-class Seattle suburbs. Anchored by Metropolitan Market, a regional operator. NNN leased. NOI $646K/yr. $7.495M. 8.63% cap.
(c) Transmercial 2016
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.