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

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

About The Properties

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.  Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

  • AHI/MHI: Avg./Median Household Income. National average is about $55+K/yr.
  • NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.
  • NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.
  • NNN-: Triple net lease with landlord responsible for roof and structure. Used by Transmercial only.

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

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

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

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

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

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

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

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

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

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

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

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.  Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

·    AHI/MHI: Avg./Median Household Income. National average is about $55+K/yr.

·    NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.

·    NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.

·    NNN-: Triple net lease with landlord responsible for roof and structure. Used by Transmercial only.

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

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

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

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

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

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

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

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

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

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

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

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.  Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

·    AHI/MHI: Avg./Median Household Income. National average is about $55+K/yr.

·    NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.

·    NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.

·    NNN-: Triple net lease with landlord responsible for roof and structure. Used by Transmercial only.

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

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

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

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

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

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

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

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

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

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

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

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.  Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

·    AHI/MHI: Avg./Median Household Income. National average is about $55+K/yr.

·    NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.

·    NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.

·    NNN-: Triple net lease with landlord responsible for roof and structure. Used by Transmercial only.

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

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

Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources.  Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.

Below are the most commonly used acronyms:

·    AHI/MHI: Avg./Median Household Income. National average is about $55+K/yr.

·    NOI: Net Operating Income. It’s the income after all expenses (prop taxes, ins., maintenance) paid.

·    NNN: Triple net lease in which tenants pay taxes, insurance and maintenance expenses.

·    NNN-: Triple net lease with landlord responsible for roof and structure. Used by Transmercial only.

02-19: Dollar General, Medical Buildings, Professional Buildings

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1.  MOB in Stockbridge, GA: 14,907 SF well kept multitenant medical building completed in 2000 on 1.13 ac lot in fast growing and high income Atlanta MSA. 90% NNN leased to Every Woman’s OB/GYN, Northside Hospital, Fusion Autism Center and Image Link. Adjacent to Piedmont Henry Hospital. NOI $247K/yr. $3.415M. 7.26% cap. Upside potential when fully leased.

2. Professional Building North Las Vegas, NV: 7,189 SF attractive professional building constructed in 2006 in upper middleclass neighborhood with an AHI of $81K/yr in a 3 mile radius. 100% NNN leased to a medical tenant and a day care. NOI $118K/yr. $1.875M. 6.34% cap.

3. MOB in Jacksonville, FL: 11,014 SF single tenant medical office building on .52 ac lot. Across from Memorial Hospital. 100% leased till 2028 to a well established plastic surgery practice. NOI $182K/yr. $2.95M. 6.18% cap.

4. Professional Building in Solon, OH: 13,600 SF Class-B multitenant office building renovated in 2010 on 1.30 ac lot in high income Cleveland suburbs. 100% leased to professional and medical tenants. NOI $218K/yr. $2.729M. 8% cap.

5. Dollar General in Camden, NJ: 7987 SF newly constructed single tenant retail building in Philadelphia suburbs. new 10 year NNN corp lease. NOI $102K/yr. $1.714M. 6% cap.

6. MOB in Boise, ID: 9291 SF attractive multitenant medical office building completed in 1996 on .67 ac lot. 100% leased to three tenants. NOI $240K/yr. $3.9M. 6.2% cap.

7. Dollar General in Wyoming, MI: 8,737 SF single tenant retail building renovated in 2019 on .68 ac corner lot along busy artery. 100% NNN- corp leased till 2029. NOI $81K/yr. $1.298M. 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: 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.

02-02: KinderCare, Walgreens, Medical & Professional Buildings, Rite Aid, Strip Centers

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1.   Walgreens in Augusta, GA: 14,848 SF well maintained single tenant drive-thru pharmacy built in 2003 on 1.85 ac lot at a hard corner location. Close to Doctors Hospital. 100% absolute NNN lease till 2023. NOI $301K/yr. $4.015M. 7.5% cap.

2.   Professional Building in Fort Myers, FL: 12,390 SF Class-B multitenant professional building completed in 2006 on over 1 ac lot. 98% leased to professional and medical tenants. NOI $174K/yr. $2.499M. 7% cap.

3.   Medical/Professional Buildings in Duluth, GA: 15,708 SF consisting of two attractive medical & professional buildings on .73 ac lot in fast growing and high income Atlanta MSA. 90% leased to eight tenants. NOI $229K/yr. $3.108M. 7.40% cap.

4.   Rite Aid in Clawson, MI: 14,564 SF well maintained drive-thru drug store constructed in 2006 on 1 ac lot along major retail artery in high income (AHI $94K/yr in a 2 mile radius) Detroit suburbs. 100% absolute NNN corp ground lease (land for sale) till 2026. NOI $352K/yr. $4.25M. 8.3% cap.

5.   Family Dollar in Cocoa, FL: 8320 SF attractive single tenant retail building completed in 2014 on 1.13 ac lot along busy retail corridor. 100% absolute NNN corp lease. NOI $137K/yr. $1.995M. 6.89% cap.

6.   Strip Center in Orlando, FL: 37,413 SF well kept retail center renovated in 2006 on 3.30 ac lot in a fast growing area. At a busy corner location and along busy artery with over 56,000 CPD. 100% leased with good tenant mix. NOI $372K/yr. $4.95M. 7.53% cap.

7.   Office Building in Saratoga, CA: 2,554 SF mature office building on .20 ac lot in prosperous Silicon Valley with a MHI of $223K/yr in a 1 mile ring. 100% leased to long term tenants. NOI $74K/yr. $1.199M. 6.21% cap.

8.   KinderCare in Pickerington, OH: 7,415 SF attractive single tenant day care facility completed in 1998 on 1.22 ac lot in high income Columbus metro. 100% NNN- corp lease till 2027 to a strong operator with over 1,500 locations. NOI $115K/yr with 1.5% annual rent increases. $1.725M. 6.7% cap.

9.   Neighborhood Center in Redding, CA: 68,855 SF attractive shopping center on nearly 6 ac lot in Northern California. Shadow anchored by Petco, Goodwill and Sportsman’s Warehouse. On an off ramp of I-5. Next to Hwy-44. Near Mt. Shasta Mall. 98% leased. Mostly NNN leased. NOI $1.051M/yr. $12.75M. 8.24% cap. Note: Flyer not included, 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.

12-17: DaVita Dialysis Centers, Dollar General, Action Behavior Center, MOB, Shopping Centers

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1.   Action Behavior Center in Cypress, TN: 9230 SF single tenant mental health clinic built in 2005 in over 1 ac lot in fast growing an high income Houston suburbs. 100% NNN leased till l2027. NOI $176K/yr. $2.5M. 7.05% cap.

2.   MOB in Phoenix, AZ: 46,425 SF four-story well maintained medical office building on nearly 3 ac lot. Over $1M in recent improvement including a full renovation of the common areas and new roof. Close to Carl T. Hayden VA Medical Center and St. Joseph’s Hospital and Medical Center. 100% leased to seven tenants. NOI $646K/yr. $8.5M. 7.6% cap.

3.   DaVita in Gary, IL: 13,125 SF attractive dialysis clinic constructed in 1992 on .49 ac lot along busy retail corridor in Chicago MSA. 100% NNN- corp lease till 2025. NOI $271K/yr with 2% annual rent bumps. $3.879M. 7% cap.

4.   Retail Center in Bossier City, LA: 22,140 SF attractive retail center built in 2007 on 2.70 ac lot at a signalized location. All units face Hwy-71. 71% NNN leased with good tenant mix including Smoothie King, Little Caesars, Dollar One and Verizon. NOI $207K/yr. $3M. 6.92% cap. Upside potential when fully leased.

5.   DaVita in Woodbridge, NJ: 10,211 SF attractive DaVita dialysis center completed in 2013 on over 1 ac lot in high income New York suburbs with an AHI of $109K/yr in a 1 mile radius. Close to I-95. 15 year NNN- corp lease till 2028. NOI $233K/yr with a 10% rent increase in year 11. $3.89M. 6% cap.  

6.   Strip Center in Kissimmee, FL: 10,200 SF recently renovated retail center on 1.58 ac outparcel to Sam’s Club in Orlando suburbs. Along major artery with over 53,000 VPD. 100% NNN lease to OneMain Financial, La Coriana, VIP Massage Spa and Owens Realty Services. NOI $164K/yr. $2.29M. 7.18% cap.

7.   Dollar General in Medina, OH: 9014 SF built-to-suit freestanding retail building completed in 2005 on 1 ac lot in upper middle-class Cleveland MSA. 10 year NNN- corp lease with over 7 years left to a strong operator with 16,979 locations. NOI $77K/yr. $1.096M. 7.10% cap.

8.   Shopping Center in Oregon, OH: 28,809 SF well maintained retail center on 3.50 ac lot in growing Toledo suburbs. 100% NNN leased to CVS Pharmacy, Dollar Tree, La Z Boy and ProMedica Urgent Care. NOI $353K/yr. Price reduced from $4.615M to $4.285M. 8.25% 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.

12-03: MOB, Anchored Neighborhood Centers, Retail Centers, Strip Centers, Medical Condominiums

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1.   Neighborhood Center in Alpharetta, GA: 102,799 SF attractive retail plaza on over 12 ac lot in affluent Atlanta suburbs with an AHI of $151K/yr in a 3 mile ring. All units face major artery with over 50,000 VPD. 89% leased with excellent tenant mix including 36,000 SF Goodwill, Benjamin Moore, Alpharetta Pediatric and Family Dentistry, State Farm & Starbucks. NOI $1.081M/yr. $13.515M. 8% cap. Upside potential.

2.   Retail Center in Round Lake, IL: 16,460 SF retail center built in 2005 on nearly 2 ac lot in high income Chicago MSA with an AHI of $98K/yr in a 3 mile ring. Located at a highly visible location with multiple points of ingress/egress. 88% leased to seven tenants. NOI $163K/yr. $1.922M. 8.51% cap.

3.   Medical Building in Maumee, OH: 16,307 SF well maintained multitenant medical office building renovated in 2018 on 2.33 ac corner lot in Toledo suburbs. 100% leased to Toledo Sleep Disorders Center, Promedica Pharmacy Counter, Toledo Clinic and PCCS. NOI $227K/yr. $2.55M. 8.9% cap.

4.   Professional Building in Prescott, AZ: 17,539 SF Class-B two story professional building on .79 ac lot. Adjacent to 206-bed Yavapai Regional Medical Center. 100% leased to professional, retail and medical tenants. NOI $235K/yr. $3.149M. 7.48% cap.

5.   MOB in Phoenix, AZ: 5689 SF attractive medical office building constructed in 2008. 86% NNN leased to Desert West OBGYN & Peak Medical & Wellness Center. NOI $87K/yr. $1.35M. 6.5% cap.

6.   Medical Condominium in Levittown, PA: 7,750 SF medical condominium completed in 1988 in high income Philadelphia metro with a MHI of $86K/yr in a 1 mile radius. 100% leased to Langhorne Physician Services, Quest Diagnostics and Hornbeck Chiropractic. NOI $140Kyr. $1.565M. 9% cap.

7.   Strip Center in Apache Junction, AZ: 12,380 SF attractive retail center built in 2007 on 1.53 ac lot at a signalized intersection in fast growing Phoenix suburbs. Across from Walmart Supercenter. 100% leased. NOI $170K/yr. $2.434M. 7% cap.

8.   Retail Center in Walla Walla, WA: 12,316 SF attractive retail center on .92 ac lot along busy retail artery. 96% NNN leased to Dollar Tree, Crave Nutrition and L-T Nails. NOI $100K/yr. $1.44M. 7% cap. Note: flyer not available, full brochure upon request.

9.   MOB in Greeley, CO: 5,583 SF high quality construction medical building completed in 2003 on 2.27 ac lot in affluent Denver MSA with an AHI of $126K/yr. 100% leased to Hanger Clinic and Transitions Psychology Group. NOI $67K/yr. $982K. 7% cap. Note: flyer not available, full brochure upon request.

10. Anchored Shopping Center in Richardson, TX: 64,173 SF well maintained neighborhood center on 6.22 ac lot anchored by Fallas Paredes and Dollar General in fast growing and high income Dallas MSA with an AHI of $90K/yr in a 1 mile radius. Shadow anchored by Walmart Neighborhood Market and CVS Pharmacy. 93% leased to national and regional tenants including Metro PCS, Fred Loya Insurance and H&R Block. Actual NOI $626K/yr. $8.35M. 7.50% actual cap. Upside potential when fully leased. 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.

11-09: Rite Aid Pharmacy, Family Dollar, DaVita Dialysis Clinic, Walgreens, NAPA Auto Parts, The Learning Experience, Burger King

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1.   DaVita in Gary, IN: 13,125 SF well maintained dialysis center built in 1992 on .49 ac lot along busy retail corridor in Chicago MSA. 100% NNN- corp lease till 2025 to DaVita with 2,625 locations. NOI $271K/yr with 2% annual rent bumps. $3.879M. 7% cap.

2.   Rite Aid in Garden City, MI:11,060 SF attractive Rite Aid pharmacy completed in 2000 on 1.60 ac lot in Detroit suburbs. Close to 153-bed Garden City Hospital. 100% NNN- corp lease till 2025. NOI $248K/yr. Price reduced from $3.11M to $2.926M. 8.50% cap.

3.   Walgreens in Rock Island, IL: 13,905 SF well kept drive-thru pharmacy completed in 1997 on 1.53 ac lot at a signalized corner location in Moline suburbs. Close to 327-bed UnityPoint Health Trinity Rock Island Hospital. 100% NNN- corp lease till 2027. NOI $212K/yr. Price reduced from $3.4M to $3.269M. 6.50% cap.

4.   The Learning Experience in Antioch, CA: 10,000 SF well maintained daycare center completed in 2018 on 1.25 ac lot in high income Contra Costa County with an AHI of $130K/yr in a 3 mile radius. 15 year NNN- corp lease till 2033 to a strong operator with 450 locations. NOI $305K/yr with scheduled rent increases, $4.959M. 6.15% cap.

5.   NAPA Auto Parts in Clawson, MI: 6,000 SF well kept freestanding retail building on .45 ac lot at t signalized intersection in upper middle-class Detroit suburbs. 100% NNN- corp lease till 2024. NOI $72k/yr. $929M. 7.75% cap.

6.   99 Cents Only Stores in Bakersfield, CA: 28,848 SF big-box retail building on 2.55 ac lot along busy artery. Next to CVS Pharmacy. On an off/on ramp of Hwy-178. 100% absolute NNN lease till 2030. NOI $269K/yr. $4.494M. 6% cap.

7.   Burger in Wichita, KS: 2,600 SF drive-thru fast food restaurant built in 2006 on nearly 1 ac lot. Across from Towne East Square Mall. 20 year absolute NNN lease till 2029 to a strong franchisee with 55 units. NOI $120K/yr. $1.25M. 9.61% cap.

8.   Family Dollar in Huntington, WV: 9180 SF single tenant retail building constructed in 2010 on nearly 2 ac lot. Recent 5 year NNN- lease renewal. NOI $82K/yr. $1.037M. 7.9% cap.

9.   Family Dollar in Memphis, TN: 7842 SF well maintained freestanding retail building completed in 2011 on .64 ac lot. 100% NNN- corp lease till 2027. NOI 109K/yr. Price reduced from $1.55M to $1.3M. 8.45% cap.

10.Rite Aid in Belpre, OH: 11,180 SF drive-thru Rite Aid drug store built in 1999 on 1.88 ac lot at a signalized location. 100% NNN- corp lease with approximately 6 years left. NOI $236K/yr. $3.218M. 7.35% 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