03-04: STNL, Grocery Shadow Anchored Centers, Animal Hospitals, MOB, Lithonia Pediatric Dentistry, Walgreens, Touchstone Imaging, Retail Centers

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1. Heart + Paw in Warren, RI: 14,500 SF highly-rated veterinary hospital built in 1960. Located in the high-income Providence MSA with an AHI of $173K/year within a 3-mile radius. 100% NNN-leased until 2031 to a strong national operator with 30+ locations. Landlord responsibilities: roof, structure, HVAC, and parking. NOI $120K/yr with 2% annual rent increases. Price reduced from $1.6M to $1.475M. 8.14% cap.

2. Dunham’s Sports & Ross Anchored Plaza in West Bend, WI: 127,840 SF well-maintained shopping plaza on a 15.04-acre lot. Next to Walmart Supercenter. Adjacent to an off/on ramp of Hwy-45. Other key tenants include Vortex Pickleball Club, Great Clips, Check N Go, Subway, Old Navy, and GameStop. 96% occupied. NOI $969K/yr. $13.3M. 7.29% cap.

3. Grocery Shadow Anchored Center in Broomfield, CO: 85,131 SF shopping plaza on a 9.82-acre lot. Shadow-anchored by GW Supermarket with 23 locations in seven states. Adjacent to four signalized intersections. Along State Highway 287 with 28,600 CPD. In the high-income Denver MSA with an AHI of $155K/yr in a 3-mile radius. 92% occupied by a diverse mix of tenants. NOI $1.039M/yr. $14.336M. 7.25% cap.

4. MOB in Daytona Beach, FL: 8,864 SF attractive medical office building renovated in 2023. Close to Halifax Hospital. 100% NNN leased to Florida Autism (BlueSpring Pediatrics, Inc.) and Florida Sickle, a foundation for Sickle Cell Disease. NOI $233K/yr. $3.263M. 7.15% cap.

5. Medical Center in Charlotte, NC: 10,272 SF well-maintained multitenant medical office building constructed in 1987 on a 1.68-acre lot. Along a busy corridor with 38,000 CPD. Fully occupied by ABS Kids, an autism care center with 26 locations, and Sam Kleitches Dentistry. NOI $292K/yr. $3.98M. 7.35% cap.

6. Neighborhood Center in Providence, RI: 75,847 SF attractive shopping center renovated in 2024 on an 8.09-acre lot. Visible and with easy access from Hwy-146. In a densely populated and high-income area. 100% leased to nine tenants, including Oak Street Health and Dollar General. NOI $783K/yr. $10.802M. 7.25% cap.

7. Lithonia Pediatric Dentistry in Lithonia, GA: 3,304 SF single-tenant medical building developed in 2003 on a 1.08-acre lot. Adjacent to The Mall at Stonecrest. In the fast-growing Atlanta metro. This is a sale-leaseback investment. New 10-year NNN lease. Landlord responsibilities: roof and structure. NOI $115K/yr with 3% annual rent increases. $1.595M. 7.25% cap.

8. Excelsior Preparatory Children’s School in Midlothian, TX: 8,320 SF highly-rated preschool completed in 2022 on a 1.62-acre lot. In the fast-growing and affluent Fort Worth/Dallas MSA with an AHI of $119K/yr in a 3-mile radius. 100% NNN lease with over 6 years left. NOI $188K/yr with 2.5% annual rent increases. $2.696M. 7% cap.

9. Touchstone Imaging in Tyler, TX: 8,229 SF single-tenant medical office building developed in 2024 on a 0.95-acre corner lot. 100% NNN lease until 2034 to Touchstone Medical Imaging with 60 locations. NOI $256K/yr with 2% annual rent bumps. $3.2M. 8% cap.

10. Walgreens in Bolingbrook, IL: 14,820 SF drive-thru pharmacy built in 2007 on a 1.85-acre lot. Along a major artery with 45,000 VPD. Close to IKEA and Costco. In a high-income neighborhood with an AHI of $114K/yr in a 3-mile radius. 100% absolute NNN corporate lease until 2033. NOI $379K/yr. $4.9M. 7.75% 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.

(c) Transmercial 2025. This email is intended only for subscribers of this email.

02-11: Neighborhood Plazas, MOB, Strip Centers, STNL, Christus Health, Blue River Petcare, Nest School, Goodwill, Fiesta Mart Anchored Plaza

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1. Neighborhood Center in Plainfield, IL: 55,073 SF attractive multitenant retail center along Route 59 with 43,235 VPD. Located in the prosperous Chicago metro area with an AHI of $209K/yr. within a 3-mile radius. 89% NNN occupied with a strong tenant mix, including OneMain Financial, Enterprise Rent-A-Car, Smile Care Dental, Vape N Go, Chop’d (steakhouse), and Khaos Brewcade and Kitchen, a local brewery. NOI $700K/yr. $9.99M. 7% cap.

2. MOB in Hermitage, PA: 17,924 SF Class-B build-to-suit single-tenant medical office building developed in 2005 on an 11.16-acre lot. Centrally located near Akron and Cleveland, OH, and Pittsburgh and Erie, PA. A sale-leaseback investment with Hermitage Orthopedics and Sports Medicine. New 5-year NNN lease. NOI $483K/yr. with 3% annual rent increases. $5.375M. 9% cap.

3. Christus Health in Longview, TX: 7,137 SF high-quality brick/stone medical building completed in 2007 on a 1.33-acre lot. Located in a high-income area with an AHI of $81K/yr. within a 1-mile radius. 100% NNN lease until 2029 with a strong credit tenant operating 600 locations. Landlord responsible for roof and structure. NOI $137K/yr. with 2% annual rent increases. Price reduced from $1.898M to $1.835M. 7.5% cap.

4. Smiley Dental & Orthodontics in Dallas, TX: 15,536 SF single-tenant medical office building renovated in 2006 on a 0.48-acre lot. Adjacent to a bus stop in a densely populated area with 390,972 residents within a 5-mile radius. New 15-year absolute NNN lease with an established operator managing 35 locations. NOI $326K/yr. with 2% annual rent increases. $4.5M. 7.25% cap.

5. MOB in Cumming, GA: 14,643 SF attractive medical office building renovated in 2000. Located in the fast-growing Atlanta MSA. 100% leased to Northside Hospital, Physiotherapy Associates, and Academy Orthopedics. NOI $315K/yr. $4.383M. 7.20% cap.

6. Retail Center in Indianapolis, IN: 12,220 SF well-maintained strip center built in 2002 on a 1.16-acre lot. Situated in an affluent neighborhood with an AHI of $131K/yr. within a 3-mile radius. Fully occupied by six tenants, with all but one under NNN leases. NOI $217K/yr. $3.003M. 7.25% cap.

7. Blue River Petcare in Waldorf, MD: 3,315 SF animal hospital constructed in 1978 on a 0.46-acre lot. Located in high-income Charles County, south of Washington, D.C. 100% NNN lease until 2026 with a strong veterinary practice operating 180+ clinics. Landlord responsible for roof and structure. NOI $135K/yr. with a 3% annual rent increase. $1.381M. 9.78% cap.

8. Nest School in Westerville, OH: 7,436 SF well-kept daycare center in the high-income Columbus MSA, with an AHI of $111K/yr. within a 1-mile radius. 100% absolute NNN lease until 2041, with corporate and personal guarantees. NOI $180K/yr. with 2% annual rent increases. $2.535M. 7.10% cap.

9. Goodwill in Ithaca, NY: 26,663 SF single-tenant retail building constructed in 1998 on a 2.09-acre lot. Major nearby tenants include TJ Maxx, Walmart, Lowe’s, HomeGoods, DICK’S, and Trader Joe’s. Close to Ithaca College and Cornell University. 100% NN lease until 2034 with a strong operator managing 4,245 thrift stores. NOI $266K/yr. with 10% rent increases every five years. $3.728M. 7.15% cap.

10. Fiesta Mart Anchored Plaza in Houston, TX: 79,366 SF shopping plaza on an 11.01-acre lot. Located at a signalized intersection with multiple points of ingress/egress. 100% NNN leased to a 69,145 SF Fiesta Mart, Fiesta Beverages, Rent-A-Center, EZPawn, and Watermill Express. NOI $724K/yr. $10.2M. 7.10% 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.

(c) Transmercial 2025. This email is intended only for subscribers of this email.

11-20: Anytime Fitness, Starbucks Anchored Center, Vermilion Farm Market, Mixed-use, Shopping Plazas, Retail Centers

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1. Retail Center in Rio Rancho, NM: 39,685 SF well-maintained retail center constructed in 1988 on a 5.46-acre lot. With multiple points of ingress/egress. Next to a busy retail corridor with 24,000 VPD. Close to Hwy-528. 96% leased. NOI $428K/yr. $5.26M. 8.15% cap.

2. Anytime Fitness in Shreveport, LA: 6,000 SF single-tenant retail building constructed in 2010 on a 0.59-acre lot. 100% absolute NNN lease till 2035. Backed by the largest franchisee with 250+ locations nationwide. NOI $92K/yr. with 10% rent increases every 5 years. $1.275M. 7.25% cap.

3. Neighborhood Plaza in Madison, WI: 85,172 SF attractive neighborhood center built in 1984 on a 7.32-acre lot. With multiple points of ingress/egress. Major tenants: Sally Beauty, Dollar Tree, Goodwill, and Athletico. In a high-income area with an AHI of $136K/yr in a 3-mile radius. 88% leased. NOI $986K/yr. $13.6M. 7.25% cap.

4. Retail Shops in Rockford, IL: 10,000 SF well-maintained retail center built in 2005 on a 1.31-acre lot. In a high-income area with an AHI of $111K/yr in a 1-mile radius. 100% NNN leased to eight tenants. NOI $141K/yr. $1.773M. 8% cap.

5. Retail Center in Cedar Rapids, IA: 12,461 SF Class-A retail center developed in 2015 on a 1.58-acre lot. Adjacent to a major signalized corner location. Nearby major retailers: Walmart Supercenter, Ross, JCPenney, Target, and Menards. Fully occupied by multiple tenants, including Wingstop and Great Clips. Mostly NNN leased. NOI $277K/yr. $3.8M. 7.31% cap.

6. Starbucks Coffee Anchored Center in Buffalo Grove, IL: 12,720 SF well-kept strip center. Next to Walgreens and a signalized intersection. In affluent Chicago MSA with an AHI of $214K/yr in a 1-mile radius. 100% NNN leased with a great tenant roster, including Starbucks, The Port of Peri Peri (Portuguese Restaurant with 24+ locations), Omnia Dental, and Senior Helpers. NOI $355K/yr. $5.07M. 7% cap.

7. Dollar Tree Anchored Center in Statesville, NC: 39,517 SF well-maintained retail center on a 3.29-acre lot. In growing Charlotte metro. NOI $232K/yr. $2.8M. 8.25% cap.

8. Shopping Center in Maineville, OH: 68,173 SF consisting of two retail buildings renovated in 2012. Shadow-anchored by Kroger. In growing Cincinnati MSA. 98% NNN leased. NOI $648K/yr. $8.1M. 8.01% cap.

9. Vermilion Farm Market in Vermillion, OH: 25,000 SF retail building constructed in 1995 on a 2.62-acre lot. In high-income Cleveland MSA. This is a sale-leaseback investment. New 20-year absolute NNN lease. NOI $180K/yr with 1.5% annual rent increases. $2.25M. 8% cap.

10. Mixed-use in Moreno Valley, CA: 30,243 SF multistory medical and professional building completed in 1988. Leased to multiple tenants. In growing Moreno Valley. NOI $343K/yr. $4.65M. 7.39% 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

10-29: Walgreens, MOB, Mixed-use Centers, Heartland Dental, Hanger Clinic, Shopping Centers, STNL, Neighborhood Centers

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 Commercial Real Estate 101: SNDA: Subordination, Non-Disturbance, and Attornment. An SNDA is a crucial agreement typically required by lenders when a loan is involved in a transaction. It involves the borrower, most of the tenants, and the lender, outlining the following key points:

·     Subordination: The new mortgage or lien will take priority over existing leases, even if those leases were signed prior to the mortgage.

·     Non-Disturbance: If the lender needs to take control of the property due to foreclosure, tenants will continue to have their leases honored as long as they remain in good standing.

·     Attornment: In the event of a default by the borrower, the lender can assume the lease and require tenants to pay rent directly to them.

This agreement is designed to protect the lender’s interests while providing stability for tenants under their leases.

1. Neighborhood Center in Aurora, CO: 141,942 SF shopping center built in 1983 on a 10.94-acre lot in the Denver suburbs. Located across from a Walmart Supercenter and near Sam’s Club. Adjacent to the Town Center at Aurora Mall and close to HCA HealthONE Aurora Hospital. Visible from I-225. 95% leased. NOI $1.397M/yr. $18.27M. 7.65% cap. Upside potential when fully occupied.

2. MOB in Hanford, CA: 1,660 SF Class-B single-tenant medical office building developed in 2020, located in the San Joaquin Valley. 100% NNN leased with three years remaining to Kaweah Delta Health Care. NOI $109K/yr. $1.3M. 8.40% cap.

3. Columbia Rio Grande Healthcare Anchored Building in McAllen, TX: 31,428 SF two-tenant mixed-use building constructed in 1991 on a 2.14-acre lot. Adjacent to South Texas Health System McAllen Hospital and Rio Grande Regional Hospital, with easy access from I-2. 100% NNN leased to Columbia Rio Grande Healthcare and Workforce Solutions. NOI $576K/yr. $7.953M. 7.25% cap.

4. Shopping Center in Longwood, FL: 19,877 SF attractive multitenant center in the Orlando suburbs, only 0.6 miles from Orlando Health South Seminole Hospital. 100% NNN occupied by retail and medical tenants. NOI $466K/yr. $5.7M. 8.19% cap.

5. Mixed-Use Building in Duluth, MN: 15,631 SF building completed in 1998 on a 0.90-acre lot. 100% NNN leased to True North Goodwill, a regional operator with 11 locations, and NuWay House, which provides treatment for substance use and mental health disorders. NOI $189K/yr. $2.7M. 7% cap.

6. Hanger Clinic in Peoria, IL: 8,000 SF single-tenant medical office building developed in 2002 on a 1.16-acre lot. 100% NNN corporate lease until 2026 to a strong operator with 900+ locations. Minimal landlord responsibilities. Close to OSF St. Francis Medical Center. NOI $97K/yr. $1.146M. 8.5% cap.

7. Heartland Dental in West Bend, WI: 2,500 SF single-tenant medical office building developed in 2015 on a 0.47-acre lot. Located along a corridor with 15,700 CPD. Heartland Dental operates 1,700 locations in 39 states. 100% NNN- corporate lease until 2027. NOI $84K/yr. with 2% annual rent increases. $1.192M. 7.10% cap.

8. Retail Center in Antioch, TN: 57,613 SF well-maintained retail center built in 1986 on a 5.87-acre lot in the fast-growing Nashville suburbs. Close to I-24 with 168,519 VPD. 87% occupied by multiple tenants, including Subway, Hertz, and Plato’s Closet. NOI $480K/yr. $6.74M. 7.14% cap.

9. Shopping Center in Antioch, TN: 16,360 SF multitenant retail center developed in 1986 on a 1.48-acre lot in the growing Nashville suburbs. Easy access to I-24. 100% NNN leased. NOI $232K/yr. $3.279M. 7.10% cap. Note: flyer not available, full brochure upon request.

10. Walgreens in Dallas, TX: 15,120 SF drive-thru pharmacy built in 2000 at a hard corner location in a densely populated area. 100% NNN- corporate lease until 2031. NOI $273K/yr. with 5% rent increases every five years. $3.269M. 8.35% cap. Note: flyer not available full marketing package 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

09-25: Evansville St. Vincent Surgery Center, DaVita, Walgreens, MOB, CVS, The Learning Experience, Rite Aid, STNL, Retail Centers

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1. Evansville St. Vincent Surgery Center in Evansville, IN: 16,872 SF built-to-suit single-tenant surgical center built in 1994 on a 2.53-acre lot. Features an unusual Standing Seam Metal Roof. Only 3 minutes from Ascension St. Vincent Evansville Hospital. 100% leased until 2027. The landlord is responsible for the roof, walls, foundation, structure, and parking lot. NOI $505K/yr. with 2% annual rent increases. $5.985M. 8.45% cap.

2. DaVita in Waterbury, CT: 14,000 SF dialysis center constructed in 1998. Close to Connecticut Children’s Waterbury Hospital. Next to I-84 and Hwy-8. Located in the Hartford MSA. 100% NNN- corporate lease until 2030. NOI $185K/yr. with 2% annual rent increases starting in 2026. $2.792M. 6.65% cap.

3. Shopping Plaza in Urbana, IL: 29,595 SF consisting of two attractive multitenant retail centers on a 4.51-acre lot with multiple points of ingress/egress. Close to the University of Illinois Urbana-Champaign, with 56,200+ students. Located in a fast-growing area. 100% occupied. NOI $282K/yr. $3.5M. 8.06% cap.

4. Walgreens in Phenix City, AL: 14,418 SF drive-thru Walgreens pharmacy built in 2002 on a 1.79-acre lot. Located along Hwy-280 with 40,942 VPD in the Columbus, GA suburbs. 100% absolute NNN corporate lease until 2027. NOI $420K/yr. $4.2M. 10% cap.

5. MOB in Tulsa, OK: 54,194 SF Class-B four-story medical office building developed in 2006 on a 3.27-acre lot. Adjacent to Tulsa Spine and Specialty Hospital. Located in a fast-growing and high-income area. 93% occupied by nine tenants. NOI $545K/yr. $7.788M. 7% cap.

6. CVS Pharmacy in Philadelphia, PA: 8,232 SF drugstore completed in 2003 on a .84-acre lot. Located in a densely populated area. Early lease extension in place. Absolute NNN lease. NOI $345K/yr. $4.021M. 8.59% cap.

7. DaVita in Pittsburgh, PA: 7,708 SF dialysis clinic completed in 2012. Outparcel to Giant Eagle and ALDI shopping center. 100% NNN corporate leased until 2032. NOI $110K/yr. $1.84M. 6% cap.

8. Rite Aid in Newark, DE: 10,908 SF drive-thru pharmacy on a 2.08-acre lot. Roof replaced in 2021 with a 20-year warranty. Located at a signalized corner, adjacent to the University of Delaware. With 10 years remaining on the lease. NNN- lease with minimal landlord responsibilities. NOI $235K/yr. with 5% rental increases every 5 years. $3.141M. 7.5% cap.

9. The Learning Experience in Wake Forest, NC: 11,100 SF highly-rated daycare center built in 2012 on a 1.96-acre lot. Located in affluent Raleigh MSA with an AHI of $144K/yr. in a 3-mile radius. Along Hwy-98 with 32,740 CPD. 100% NNN- lease until 2039. NOI $312K/yr. with 2% annual rent increases. $4.303M. 7.25% cap.

10. Strip Center in Houston, TX: 5,924 SF well-kept retail center completed in 1988. Located in a high-income neighborhood with an AHI of $139K/yr. within a 1-mile radius. 79% NNN leased to Goodwill, Infinity Super Insurance, Heal Well Med Store, and Rock N Roll. NOI $115K/yr. with one master lease unit. $1.5M. 7.71% 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

08-07: Kroger Shadow Plaza, MOB, TJ Maxx Anchored Center, Strip Center, InterDent, Shopping Plazas, Planet Fitness Anchored Center

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1. MOB in Toledo, OH: 18,711 SF attractive two-story medical office building completed in 1994 on a 1.58-acre lot. Located in an affluent neighborhood with an AHI of $155K/year in a 1-mile radius. Along a major retail corridor with 52,500 CPD. With easy access to I-475. Fully occupied by four tenants, including Nationwide Children’s and ProMedica. NOI $245K/year. $3.385M. 7.25% cap.

2. Strip Center in Milford, OH: 9,016 SF well-maintained retail center built in 2001 on a .81-acre lot. At a signalized corner location. Shadow anchored by The Home Depot and adjacent to Meijer. In high-income Cincinnati MSA. 100% NNN leased to MyEyeDr., Dickey’s BBQ Pit, Great Clips, No. 1 Kitchen, and A&B Nails Spa. NOI $184K/year. $2.54M. 7.25% cap.

3. Strip Center in Carpentersville, IL: 13,820 SF multitenant retail center on a .86-acre lot. At a hard corner location. In affluent Chicago metro with an AHI of $112K/year in a 3-mile radius. 100% leased to five long-term tenants. NOI $231K/year. $3.197M. 7.25% cap.

4. TJ Maxx Anchored Center in Madison, AL: 60,767 SF eye-catching retail center developed in 2008 on an 8.1-acre lot. Adjacent to Hwy-72 with 51,669 VPD. In Huntsville suburbs. 100% occupied. NOI $717K/year. $9.375M. 7.65% cap.

5. Planet Fitness Anchored Center in Cincinnati, OH: 67,246 SF shopping mall built in 1990 on a 7.86-acre lot. At a major retail hub. Affluent area with an AHI of $157K/year in a 3-mile radius. Next to Waterstone Center with Costco Wholesale, Target, Ross, Old Navy, Best Buy, and Michaels. With easy access from I-71. Key tenants include Planet Fitness, Salon Lofts, H&R Block, Play it Again Sports, and LensCrafters. NOI $784K/year. Price/cap N/A. Attractive assumable debt: $5.3M loan at 4.04% interest rate.

6. Strip Center in Canton, OH: 20,751 SF well-kept retail center constructed in 1999 in Cleveland metro. All tenants face a busy corridor with 24,590 VPD. Near I-77. NOI $227K/year. $2.845M. 8% cap.

7. InterDent in Rocklin, CA: 3,442 SF single-tenant medical office building completed in 2003. In fast-growing Sacramento suburbs. 100% leased till 2028 to InterDent with 175 practices across eight states. NOI $90K/year. $1.28M. 7% cap.

8. Retail Center in Decatur, IL: 11,000 SF multitenant retail center renovated in 2023 on a 1.67-acre lot. Close to Decatur Memorial Hospital. Next to Hwy-48. Fully occupied by nine tenants. NOI $109K/year. $1.25M. 8.75% cap.

9. Shopping Plaza in Fort Wayne, IN: 80,119 SF well-maintained neighborhood plaza renovated in 2015. With multiple points of ingress/egress. Key tenants: Anytime Fitness, O’Reilly Auto Parts, Dollar Tree, Sola Salons, and Five Guys. 87% occupied. NOI $688K/year. $8.6M. 8% cap. Upside potential when fully occupied.

10. Kroger Shadow Anchored Centers in Louisville, KY: 55,814 SF attractive retail plaza built in 1986 on an 8.82-acre lot. Shadow anchored by a 123,000 SF Kroger. At a high-traffic corridor. 86% occupied by retail, medical, and professional tenants. Mostly NNN leased. NOI $565K/year. $7.293M. 7.75% cap. Upside potential. Note: brochure not avail, 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

06-19: Surgery Center, Walgreens, Buter Market Shadow Anchored Center, Childtime, Mixed-use, Neighborhood Centers

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1. Shopping Plaza in West Palm Beach, FL: 49,451 SF shopping center built in 1973 on a 2.60-acre lot. Shadow anchored by Ross Dress for Less, Ollie’s Bargain Outlet, Citi Trends, and Conn’s HomePlus. Adjacent to a main intersection. 100% NNN leased to dd’s DISCOUNTS, Foot Locker, K&G Fashion Superstore, and Dunkin’ Donuts. NOI $836K/yr. Price reduced from $11.95M to $10.46M. 8% cap.

2. Walgreens in Milwaukee, WI: 13,500 SF well-maintained drive-thru pharmacy at a signalized corner location. In a densely populated area with approximately 240,000 residents within a 3-mile radius. 100% NNN corporate lease with 3.5 years remaining. NOI $190K/yr. $2.305M. 8.25% cap.

3. Retail Center in Atlanta, GA: 15,600 SF attractive retail center on a 2-acre lot along a busy road with 31,785 VPD. 100% occupied by multiple tenants. NOI $313K/yr. $3.9M. 8.03% cap.

4. Butera Market Shadow Anchored Center in Elgin, IL: 10,950 SF retail center built in 1984 on a 0.91-acre lot in a high-income Chicago MSA. Shadow anchored by Butera Market with 10 locations. 78% occupied by Rosati’s, Ramiro’s Restaurant, Lina’s Filipino Restaurant, and Wingstop. NOI $162K/yr. $2.2M. 7.40% cap.

5. Childtime in Arlington, TX: 8,200 SF daycare center developed in 1997 on a 1.81-acre lot in high-income Fort Worth/Dallas suburbs with an AHI of $118K/yr within a 3-mile radius. 100% absolute NNN corporate lease until 2029 to an operator with 200+ locations. NOI $146K/yr. $2.093M. 7% cap.

6. Walgreens in Baton Rouge, LA: 13,620 SF well-kept Walgreens pharmacy constructed in 1993 on a 1.67-acre lot at a signalized intersection with 49,300 VPD in combined daily traffic. Fully occupied until 2028. NNN lease with minimal landlord responsibilities. NOI $288K/yr. $3.395M. 8.5% cap.

7. Childcare Network in Jamestown, NC: 7,844 SF highly rated daycare center completed in 1989 on a 1.10-acre lot in high-income Greensboro suburbs. 100% absolute NNN corporate lease until 2029 to an operator with 230+ childcare centers. NOI $130K/yr. $1.862M. 7% cap.

8. Surgery Center in Palm Springs, FL: 18,342 SF multistory medical building developed in 1997 on a 1.01-acre lot along a major artery with 34,116 VPD. 100% NNN leased to four tenants including 7,432 SF Blue Cloud Pediatric Surgery Centers. NOI $453K/yr. $7M. 6.47% cap.

9. Mixed-use Center in Summerfield, FL: 25,805 SF consisting of four multitenant buildings completed in 1995 on a 3.26-acre lot. Close to UF Health The Villages Hospital and Walmart Supercenter in Orlando suburbs. 89% occupied by medical and professional tenants. NOI $397K/yr. $5.75M. 6.90% cap.

10. Shopping Center in Summerfield, FL: 42,220 SF attractive shopping plaza developed in 1998 on a 6.82-acre lot. Close to UF Health The Villages Hospital and Walmart Supercenter in Orlando suburbs. 100% leased to multiple tenants including Pizza Hut, Jimmy John’s, and H&R Block. NOI $814K/yr. $12.25M. 6.64% 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.

05-09: BrightView, Mixed-Use Buildings, Advance Auto Parts, Fresenius, Retail Plazas, Dollar Tree Plaza, CSL Plasma

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1. Dollar Tree Plaza in Charlotte, NC: 51,412 SF attractive retail plaza on 4.95 acres lot. With multiple points of ingress/egress. In densely populated area with 113,459 residents in a 3-mile radius. 100% occupied. NOI $855K/yr. $11.042M. 7.75% cap.

2. Strip Center in Omaha, NE: 9,005 SF well maintained multitenant center developed in 2001 on 1.33 acres lot. Along busy artery with 26,500 VPD. Near I-680. 100% NNN leased to Dunkin’ Donuts (drive-thru), Chiropractic, Smoke Shop, Marco’s Pizza, and Dental Practice. NOI $139K/yr. $1.85M. 7.5% cap.

3. Retail Center in Detroit, MI: 14,270 SF retail center completed in 2010 on .98 ac lot. 100% NNN leased to five tenants. NOI $135K/yr. $1.7M. 8% cap.

4. Mixed-use Building in Tucson, AZ: 15,143 SF two-story multitenant building constructed 2012 on 1.36 acres lot. Roof recoated in 2022. In high-income neighborhood with an AHI of $116K/yr. in a 1-mile ring. 92% occupied to retail, office, & medical tenants. Proforma NOI $168K/yr. $2.195M. 7.70% cap.

5. Advance Auto Parts in Clarksville, TN: 7953 SF single tenant retail building developed in 2015 on 1.11 acres lot in Nashville metro. Along major corridor with 32,700 CPD. 100% NNN- corp lease till 2030. NOI $100K/yr. $1.387M. 7.25% cap.

6. BrightView in Dayton, OH: 9,600 SF addiction treatment center built in 2005. Near Kettering Health Washington Township Hospital. 100% NNN leased to an operator with 84 facilities. NOI $126K/yr. $1.939M. 6.50% cap.

7. CSL Plasma in Stockton, CA: 13,903 SF blood donation center remodeled in 2021 on 1.56 acres lot. New TPO roof in 2021 with 20-year warranty. At a hard corner location with 61,900 CPD in combined daily traffic. Only 2.4 miles from Joseph’s Medical Center. Near San Joaquin Delta College, and University of The Pacific. 100% corp NNN- lease with 12+ years remaining to a strong credit tenant with 342 plasma collection centers. NOI $331K/yr. with 10% rental increases in 2026 & 2031. Price reduced $5.526M. to $5.305M. 6.25% cap.

8. Fresenius Medical Care in Coon Rapids, MN: 5,820 SF 12-stations dialysis center built in 2007 on 1.14 acres lot. In growing and high-income Minneapolis MSA. Adjacent to Walmart. Close to Riverdale Village, an outdoor mall with over 75 stores anchored by Costco Wholesale, T.J. Maxx, and Kohl’s. With easy access to Hwy-10. 10 years NNN- corp lease with 5+ years left. NOI $138K/yr. with 2% annual rent increases. $2.183M. 6.35% cap.

9. Retail Building in Anderson, IN: 7,950 SF multitenant retail building completed in 2020 on 1.95 acres lot. In Indianapolis metro. 100% NNN leased to three tenants. NOI $154K/yr. Price reduced from $2.055M. to $1.988M. 7.75% cap.

10. Retail Plaza in Yucaipa, CA: 27,627 SF Class-B shopping center developed in 2007 on 5.06 acres lot. In growing and high-income San Bernardino County with an AHI of $114K/yr. in 1-mile radius. 100% NNN leased to retail and medical tenants including; Quest Diagnostics, and Yucaipa Urgent Care. NOI $772K/yr. $11.5M. 6.72% 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.

02-15: Medical Arts Building, Fresenius, Walgreens, Premier Oral Surgery & Implants, U.S. Renal Care, Mixed-use, Grifols Biomat, IKEA Shadow-Anchored Buildings

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  1. Fresenius Kidney Care in Golden Valley, MN: 7,810 SF 18-stations dialysis center built in 1978 on .95 ac lot. Near North Memorial Health Robbinsdale Hospital. In high-income Minneapolis MSA with an AHI of $120K/yr. in a 1-mile radius. 100% NNN- lease till 2027. NOI $113K/yr. $1.617M. 7% cap.
  2. Walgreens in Tacoma, WA: 14,168 SF drive-thru pharmacy constructed in 1997 on 1.46 acres lot. At a signalized intersection. New roof installed in 2020 with 20-year guarantee. 100% NNN- corp lease till 2030. NOI $259K/yr. $3.65M. 7.10% cap.
  3. Medical Arts Building in Clifton Park, NY: 17,000 SF trophy state-of-the-art Medical Office Building fully renovated in 2020, on 2.4 acres lot in Albanese metro. 100% NNN leased to St. Peter’s Health Partners/Trinity Health, a credit tenant Fitch Rated ‘AA-‘ with 3.5 years left. Tenant spent over $8M to equip the center. NOI $425K/year. $6.292M. 6.75% cap. Buyer to assume $4.5M loan at attractive 3.25% interest matured in 3.5 years. Transmercial believes property can be acquired at 7.5% cap.
  4. Premier Oral Surgery and Implants in Grand Blank, MI: 4,557 SF attractive single tenant medical office building renovated in 2015 on 3.26 acres lot. In affluent Detroit metro with an AHI of $122K/yr. in a 1-mile ring. 100% NNN- lese till 2028 to an operator with multiple locations. NOI $106K/yr. with 2% annual rent increases. $1.248M. 8.50% cap.
  5. Shopping Center in Oklahoma City, OK: 49,436 SF well maintained neighborhood plaza on 3.74 acres lot. Along main retail artery. 78% occupied with good tenant mix. Actual NOI $454K/yr. $5.194M. 8.75% cap. Upside potential when fully occupied.
  6. Grifols Biomat in Menasha, WI: 14,102 SF blood donation center built in 1991 on 8.15 acres lot in Appleton suburbs. At a highly visible location. Near Hwy-441. 100% leased. NOI $213K/yr. $2.4M. 8.89% cap.
  7. Mixed-use in Bakersfield, CA: 6,313 SF well maintained medical office building .86 ac lot. Fully occupied to Just for Kids, Midown Dentistry, and Panache Salon. NOI $146K/yr. $2.165M. 6.75% cap.
  8. U.S. Renal Care in San Antonio, TX: 16,000 SF 36-stations dialysis center built in 2016 on 1.34 acres lot. At a high traffic location with 45,110 CPD. 100% absolute NNN lease with 2.5 years remaining to an operator with 400+ locations in 32 states. NOI $452K/yr. with 3% annual rent increases. $6.243M. 7.25% cap. Flyer not available, full brochure upon request.
  9. Multi-Tenant Building in West Sacramento, CA: 6160 SF retail building developed in 2009 on .82 ac lot. Part of Riverpoint Marketplace shadow anchored by IKEA, Walmart and Home Depot. Near I-80. 100% NNN leased to T-Mobile, Wing Stop, and Burger King. NOI $255K/yr. $4.089M. 6.25% cap. Note flyer not available, full brochure upon request.
  10. Five Guys Anchored Building in West Sacramento, CA: 5,855 SF attractive retail building completed in 2012 on .82 ac lot. Part of Riverpoint Marketplace shadow anchored by IKEA, Walmart and Home Depot. Near I-80. 100% NNN leased to Five Guys, Sourdough & Co. and AT&T. NOI $195K/yr. $3.265M. 6% cap. Flyer not avail, full OM 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.

 

01-04: Burlington Anchored Center, KOHL’S Shadow Anchored Centers, MyEyeDr., MOB, Retail Plazas

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  1. Retail Plaza in Grand Forks, ND: 61,226 SF attractive retail plaza renovated in 2018 & 2022 on 6.01 acres lot. Outparcel to Columbia Mall. Near University of North Dakota with 17,650 students. 100% NNN leased to three national tenants; Ross Dress for Less, PetSmart, and Harbor Freight Tools. NOI $710K/yr. $8.8M. 8.07% cap.
  2. Burlington Anchored Center in Amarillo, TX: 167,490 SF Class-A neighborhood plaza completed in 2009 on 16.32 acres lot. Anchored by 80,000 SF Burlington and 15,000 SF Petco. With multiple points of ingress/egress. Adjacent to I-40. 99% occupied. NOI $1.73M/yr. $24.435M. 7.10% cap.
  3. Town Center in Clemmons, NC: 72,513 SF eye-catching shopping center developed in 2019 on 4.32 acres lot. In affluent Winston-Salem MSA with an AHI of $122K/yr. in a 1-mile radius. With easy access to I-40 with 66,412 VPD. 100% leased to multiple tenants including; Planet Fitness, Fleet Feet with over 200 locations, East Coast Wings + Grill with 40+ locations, Cugino Forno Pizzeria, a highly-rated operator with 6 locations, Novant Health, and Abbotts Custard with 40+ locations. Mostly NNN leased. NOI $1.301M/yr. $17.97M. 7.25% cap.
  4. Safeway Shadow Anchored Center in San Jose, CA: 16,032 SF well maintained multitenant center constructed in 1988 on 1.11 acres lot. Shadow anchored by Safeway, Savers, and JoAnn’s Fabrics. Close to Westfield Oakridge Mall. 93% NNN leased. NOI $682K/yr. $12.988M. 5.26% cap.
  5. KOHL’S Shadow Anchored Centers in Lake Jackson, TX: 34,564 SF consisting of two multitenant retail centers built in 2006 on 3.4 acres lot in Houston metro. At a major retail hub. Across from Brazos Mall. 100% NNN leased with excellent tenant mix including; Sally Beauty, Affordable Dentures, Maurice’s, Quest Diagnostics, Kumon Learning Center, U Brake I Fix and more. NOI $690K/yr. $9.5M. 7.25% cap.
  6. Retail Plaza in Centennial, CO: 96,634 SF shopping plaza constructed in 1985 on nearly 10 acres lot. At a signalized corner location with 44,000 CPD in combined daily traffic. In prosperous Denver suburbs with an AHI of $166K/yr. in a 3-mile ring. 96% leased with good tenant mix. NOI $1.279M/yr. $15.95M. 8.02% cap.
  7. MOB in Kingsport, TN: 50,050 SF multitenant medical office building completed in 1983 on 5.35 acres lot. Close to Indian Path Community Hospital. 98% occupied to 43,019 SF Ballad Health (S&P A), and Creekside Behavioral Health. NOI $844K/yr. $10.239M. 8.25% cap.
  8. MyEyeDr. in Greenville, NC: 5,710 SF eye care center on .55 ac lot. Along busy retail corridor with 26,000 VPD. Near Greenville Mall. 100% NNN- lease till 2028 to a strong operator with over 500 vision care centers across the country. NOI $172K/yr. with 1% annual rent increases. $2.374M. 7.25% cap.
  9. MyEyeDr. in Raleigh, NC: 5,096 SF single tenant medical building in a fast growing and high-income neighborhood. Along Hwy-64 with 45,500 CPD. 100% NNN- lease till 2028 to strong operator with over 500 vision care centers across the country. NOI $91K/yr. with 1% annual rent bumps. $1.267M. 7.25% cap.
  10. MyEyeDr. in Leland, NC: 4,212 SF attractive single tenant medical office building on .45 ac lot in Wilmington suburbs. Adjacent to Hwy-17 with 53,500 CPC. 100% NNN- lease till 2028 to on operator with over 500 vision care centers across the country. NOI $98K/yr. with 1% annual increases. $1.357M. 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.

(c) Transmercial 2024. This email is intended only for subscribers of this email.