06-24: Shopper’s Value Food, Sexson Orthodontics, Family Dollar, DaVita Anchored Building, Oak Street Health, DaVita Dialysis Clinic, Mixed-use

1. Shopper’s Value Food in Baton Rouge, LA: 50,388 SF big-box single tenant building constructed in 1993 on 7.18 ac lot. Adjacent to a busy corner location. In densely residential neighborhood. 100% NNN leased to a regional operator with 12 grocery stores. NOI $345K/yr. $4.315M. 8% cap.

2. Community Center in Chandler, AZ: 130,488 SF consisting of three multitenant retail buildings on 12.22 ac lot in growing Phoenix MSA. Anchored by Bed Bath & Beyond, DSW, and Old Navy. Shadow anchored by Target. Across from Chandler Fashion Center Mall. Close to Costco. 1.7 miles to Chandler Regional Medical Center. With easy access to Hwy-101/202. 100% leased. NOI $2.284M/yr. $29.291M. 7.80% cap.

3. Sexson Orthodontics in Rockford, IL: 12,600 SF attractive single tenant medical building completed in 2006 on over 1 ac lot in a high-income area. Near OSF Saint Anthony Medical Center and University of Illinois College of Medicine Rockford. New 10-year NNN lease to a highly rated dental practice with multiple locations. NOI $252K/yr. with 2% annual rent increases. $3.6M. 7% cap.

4. Mixed-use Building in Olathe, KS: 18,000 SF consisting of two well maintained professional buildings completed in 1987 on 1.27 ac lot at a signalized intersection in Kansas City metro. Across from MidAmerica Nazarene University. 90% occupied to retail, medical, and professional tenants. NOI $118K/yr. $1.695M. 7% cap.

5. Family Dollar in Atlanta, GA: 8,000 SF single tenant retail building developed in 2012 on .89 ac lot in a fast-growing area. At a signalized corner location. 100% NNN- corp lease till 2025. NOI $137K/yr. $2.034M. 6.75% cap.

6. Retail Center in Little Elm, TX: 42,654 SF eye-catching shopping center renovated in 2012 on 5.78 ac lot in high-income Dallas/Fort Worth MSA. 91% NNN leased to retail, medical, and professional tenants. NOI $702K/yr. $11M. 6.38% cap.

7. DaVita Anchored Building in Kansas City, MO: 16,974 SF 3-tenatns well-kept retail building renovated in 2010|2018. Adjacent to an off/on ramp of I-435 with over 95,000 VPD. 100% NNN leased to DaVita, Sherwin-Williams, and Spinal Rehabilitation Center. NOI $234K/yr. $3.6M. 6.50% cap.

8. Oak Street Health in Birmingham, AL: 11,200 SF single tenant medical building on .76 ac lot. Across from 505-bed Princeton Baptist Medical Center. New 10-year NNN- corp guarantee by Humana with 620 locations. NOI $168K/yr. with 10% rent bumps every 5 years. $2.8M. 6% cap.

9. Retail Center in Smyrna, GA: 10,880 SF Class-B multitenant retail center developed in 2008 on .97 ac lot in high-income Atlanta suburbs. Along signalized & busy corner location with over 29,000 CPD. 100% leased with excellent established tenant mix. NOI $211K/yr. $3.525M. 6% cap.

10. DaVita in Stockton, CA: 8935 SF attractive 23-stations dialysis center in a growing area. 100% NNN- lease till 2029. NOI $296K/yr. with 3% annual rent increases. $5.7M. 5.20% 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.

05-20: Quick Lane Tire & Auto Center, Smart & Final Center, Mixed-use, Family Dollar, Retail Centers

  1. Smart & Final Anchored Center in Visalia, CA: 102,053 SF attractive retail center renovated in 2006 on nearly 9 ac lot in fast growing San Joaquin Valley. Along main/busy retail corridor with over 88,000 in combined daily traffic. With six points of ingress/egress. 93% NNN leased to Smart & Final, dd’s DISCOUNTS, Petco, and American Renal. NOI $1.207M/yr. $21M. 5.75% cap.
  2. Shopping Plaza in Midvale, UT: 82,195 SF well maintained shopping center on 7.98 ac lot at a signalized corner location in Salt Lake City suburbs. Close to Target, Home Depot, Trader Joe’s, Walmart Supercenter, Dicks Sporting Goods and many more. 100% NNN leased with a strong mix. NOI $1.164M/yr. $18.774M. 6.20% cap.
  3. Mixed-use in Columbus, OH: 40,323 SF Class-B 2-story multitenant medical and professional building developed in 1991 on 2.57 ac lot anchored by Ohio State University Internal Medicine. In a high-income area with a MHI of $86K/yr. in a 1-mile radius. Close to I-270. 100% leased. NOI $556K/yr. $7.950M. 7% cap.
  4. Retail Center in Lancaster, CA: 37,974 SF well-kept retail center on 2.74 ac lot in a city in northern Los Angeles County. 100% NNN leased to multiple tenants. NOI $514K/yr. $7.84M. 6.56% cap.
  5. Retail Center in Houston, TX: 17,850 SF retail center built in 2007 on 1.85 ac lot in a fast-growing neighborhood. All unit face busy corridor with over 58,000 VPD. 92% leased to multiple tenants. NOI $321K/yr. $5.021M. 6.40% cap.
  6. Retail Center in McMurray, PA: 25,000 SF retail center renovated in 2015 on 3.80 ac corner lot in affluent (MHI $127K/yr. in a 1-mile ring) Pittsburgh MSA. 95% leased to eighteen tenants. NOI $419K/yr. $6.55M. 6.40% cap.
  7. Quick Lane Tire & Auto Center in El Centro, CA: 9865 SF Class-B single tenant auto repair center built in 2005 on 1.27 ac lot in Imperial County. 100% NNN lease to a strong national tenant with 800 locations nationwide. NOI $121K/yr. $2.033M. 6% cap.
  8. Retail Center in Allentown, PA: 22,325 SF well maintained retail center on 2.10 ac corner lot. 100% NNN leased to Aaron’s Rental, Advance Auto Parts, and Big Woody’s Sports Bar & Restaurant. NOI $325K/yr. $5.004M. 6.50% cap.
  9. Retail Center in Fenton, MO: 29,850 SF well maintained retail center renovated in 2012 on 3.32 ac lot in high-income St. Louis metro. Just 0.3 mile from SSM Health St. Clare Hospital. Near Hwy-141. 85% leased. NOI $346K/yr. $5.5M. 6.30% cap.
  10. Family Dollar in Dayton, OH: 8,320 SF single tenant retail building constructed in 2013 on .83 ac corner lot. 100% NNN- corp lease till 2025. NOI $112K/yr. with 10% rent bumps every 5 years left. $1.805M. 6.25% 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.

04-07: Rite Aid Pharmacy, Kohl’s Anchored Center, Mary Washington Health, Professional Business Center, Shopping Plazas

 

  1. MOB in Londonderry, NH: 18,991 SF multistory medical office building developed in 1999 on 2.41 ac lot. In affluent area with an AHI of $107K/yr. in a 3-mile radius. 89% NNN leased to Derry Medical Center, Pinnacle Rehabilitation Network, Spindel Eye, and Quest Diagnostics. NOI $353K/yr. $4.2M. 8.42% cap. Upside potential when fully occupied.
  2. Shopping Center in Olympia, WA: 43,106 SF attractive shopping center constructed in 1988 on 5.71 ac lot in growing Tacoma MSA. Shadow anchored by Ross Dress for Less. 100% NNN leased with great tenant mix including; CSL Plasma, The Little Gym, Sally Beauty Supply, Smiles 4 Kinds Dentals and many more. NOI $582K/yr. $8.89M. 6.55% cap.
  3. Shopping Center in Arlington, TX: 53,058 SF well maintained neighborhood center built in 1986 on 5.25 ac lot at a hard corner location in growing Dallas/Fort Worth suburbs. Key tenants include: Dollar General, Subway, Allstate Insurance and Farmers Insurance. 97% NNN leased. NOI $569K/yr. $8.755M. 6.50% cap.
  4. Rite Aid Pharmacy in Sacramento, CA: 31,472 SF inline Rite Aid Pharmacy completed in 1990 on 2.92 ac lot. Part of Vineyard Square center anchored by Save Mart Supermarkets. 100% absolute NNN corp lease till 2024. NOI $385K/yr. $5.711M. 6.75% cap.
  5. Kohl’s Anchored Plaza in Spring, TX: 179,995 SF attractive shopping center on over 16 acres of land in affluent Houston metro with an AHI of $129K/yr. in a 1-mile ring. Anchored by Kohl’s, Ross Dress for Less, Michaels, Famous Footwear, and Dollar Tree. Shadow anchored by Walmart Supercenter. Across from Hurricane Harbor Splashtown. Next to I-45 with over 215,000 VPD. 99% leased. NOI $2.11M/yr. Price N/A.
  6. Strip Center in Tampa, FL: 16,000 SF well-kept retail center renovated in 2016 on nearly 2 ac lot along busy corridor. 100% NNN leased to fifteen tenants. NOI $172K/yr. $2.755M. 6.25% cap.
  7. MOB in Fredericksburg, VA: 19,378 SF attractive medical office building developed in 2007 on 3.54 ac lot in wealthy Washington, D.C. MSA. Adjacent to 133-bed Spotsylvania Regional Medical Center. 93% NN leased till 2027 to Mary Washington Healthcare with 50 locations. NOI $404K/yr. with 2% annual rent increases. $6.474M. 6.25% cap.
  8. Shopping Center in Overland Park, KS: 75,466 SF shopping center developed in 1976 on 7.44 ac lot in Kansas City suburbs. With easy access to Hwy-69 & I-435. 95% leased with good tenant mix. NOI $504K/yr. $7.5M. 6.73% cap.
  9. Mary Washington Healthcare in Fredericksburg, VA: 12,000 SF single tenant medical office building built in 2002 on over 1 ac lot in high-income Washington, D.C. metro. Close to 451-bed Mary Washington Hospital. New 5-year NN corp lease to a strong operator with 50 locations. NOI $249K/yr. with 2% annual rent bumps. $3.995M. 6.25% cap.
  10. Professional Business Center in Warrensville Heights, OH: 206,916 SF consisting of eight flex, office, and warehouse buildings on 16.91 ac lot in Cleveland suburbs. Near I-271 & I-480. 90% leased to 33 tenants. NOI $1.228M/yr. $15.85M. 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: 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.

03-30: Walgreens Anchored Centers, MOB, Goodwill & Planet Fitness Center, Hobby Lobby Plaza, Mixed-use, Retail Centers

 

 

1. Walgreens Anchored Center in Vallejo, CA: 42,642 SF shopping center renovated in 1991 on 3.26 ac lot in a city in growing San Francisco Bay Area. Notable tenants include; 13,600 SF Walgreens, Round Table, & Popeye’s Chicken. 83% NNN leased to retail and medical tenants. Actual NOI $387K/yr. $6M. 6.5% cap. Upside potential when fully occupied.

2. MOB in Tonawanda, NY: 18,304 SF well maintained three tenant medical building developed in 1995 on over 1 ac lot in Buffalo suburbs. Adjacent to I-290 with over 179,000 VPD. 100% NNN leased to DaVita Dialysis, Quest Diagnostics, and EyeSight Medical Center. NOI $325K/yr. $4.865M. 6.69% cap.

3. Retail Center in Cromwell, CT: 9,990 SF multitenant retail center constructed in 1994 on 1.88 ac lot at a signalized corner location. In affluent neighborhood with an AHI of $112K/yr. in a 3-mile radius. 100% NNN leased to seven tenants. NOI $140K/yr. $2.15M. 6.53% cap.

4. Mixed-use in Dayton, OH: 26,690 SF two-story multitenant professional building renovated in 1991 on 2.79 ac lot in affluent (AHI $112K/yr.) area. 90% leased to medical and professional tenants. NOI $213K/yr. $2.419M. 8.84% cap.

5. Strip Center in Machesney Park, IL: 10,580 SF well maintained retail center constructed in 2006 on 1.05 ac lot at a highly visible location in Rockford suburbs. 100% leased with great tenant mix including H&R Block, and Subway. Mostly NNN leased. NOI $155K/yr. $1.975M. 7.85% cap.

6. Goodwill & Planet Fitness Anchored Center in Phoenix, AZ: 75,559 SF attractive shopping center developed in 1985 on 5.69 ac lot at a highly trafficked corridor with over 42,000 CPD. 94% NNN leased. NOI $902K/yr. $12.887M. 7% cap.

7. Retail Center in Milwaukee, WI: 8498 SF attractive retail center built in 2006 on .86 ac lot along busy corridor. Shadow anchored by Pick ‘n Save. 100% leased to multiple credit tenants. NOI $161K/yr. $2.439M. 6.6% cap.

8. Walgreens Anchored Plaza in Hanover Park, IL: 36,101 SF shopping center on 3.38 ac lot anchored by 14,080 SF Walgreens. 97% NNN leased. NOI $401K/yr. $6.15M. 6.53% cap.

9. Retail Center in Columbus, OH: 21,290 SF well kept retail center on 2.75 ac lot adjacent to a busy retail artery. Near I-270. 100% leased. NOI $255K/yr. $3.192M. 8% cap.

10. Hobby Lobby Anchored Plaza in St. Peters, MO: 176,804 SF shopping center with 4 single tenant outparcels on over 14 ac lot in affluent and growing St. Louis MSA. Anchored by Hobby Lobby, Office Depot, Edge Fitness, Cycle Gear, and Northern Tool & Equipment. With frontage along I-70 with over 84,000 CPD. 100% NNN leased to 11 tenants. NOI $1.884M/yr. $20M. 9.42% 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.

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.