Transmercial – Commercial Real Estate
1340 Tully Road, Suite 306, San Jose CA 95122-3055
Tel: (408) 288-5500
Fax: (408) 288-5533
[email protected]
Office Hours
M-F 8:30AM - 3:30PM PST
Sat.: by appointment
Our office is in the Tully Business Center on Tully Road. (between Highway 101 and McLaughlin). Click for Map
Sat.: by appointment
Our office is in the Tully Business Center on Tully Road. (between Highway 101 and McLaughlin). Click for Map
02-19: Dollar General, Medical Buildings, Professional Buildings
/by Maria1. 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.
Below are the most commonly used acronyms:
02-02: KinderCare, Walgreens, Medical & Professional Buildings, Rite Aid, Strip Centers
/by Maria1. 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.
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
/by Maria2. 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.
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
/by Maria2. 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.
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
/by Maria2. 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.
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
10-02: MOB, Pep Boys, Advance Auto Parts, Jiffy Lube, Retail Centers
/by Maria1. MOB in Mesa, AZ: 20,489 SF well maintained medical office building completed in 1997 on over 2 ac lot in growing Phoenix suburbs. Close to 342-bed Banner Baywood Medical Center. 100% leased to multiple medical practices. $3.25M. NOI/Cap N/A.
2. Advance Auto Parts in Cleveland, OH: 7,000 SF single tenant auto center built in 2005 on .82 ac corner lot. 15 year NNN- corp lease till 2024 to a strong credit tenant with 5,200 locations. NOI $83K/yr. $1.097M. 7.65% cap.
3. Retail Centers in Sacramento, CA: 19,767 SF consisting of two well kept inline retail center at a signalized corner location in a fast growing area. Shadow anchored by Foods Co. Across from Save Mart Supermarkets and Rite Aid. 68% NNN leased with excellent tenant mix including Dominos Pizza, Subway & Boost Mobile. Actual NOI $232K/yr. $3.175M. 7.32% cap. Upside potential when fully leased.
4. Jiffy Lube in Mesa, AZ: 3,612 SF well maintained franchised auto center on .39 ac lot along busy retail artery in high income Phoenix suburbs. 100% absolute NNN lease till 2022 to an operator with 51 locations. NOI $101K/yr. $1.421M. 7.15% cap.
5. Jiffy Lube in Kent, WA: 2280 SF two-bay auto service center built in 1990 on .34 ac lot in Seattle suburbs. Along busy corridor with over 30,000 CPD. 100% absolute NNN corp lease till 2026. NOI $141K/yr with 3% annual rent increases. $1.945M. 7.25% cap.
6. MOB in Foster City, CA: 43,549 SF 3-story multitenant medical building in affluent San Mateo County with an AHI of $187K/yr in a 1 mile radius. 83% leased to multiple medical and professional tenants. Actual NOI $1.093M/yr. $18.75M. 5.83% actual cap. Upside potential when fully leased.
7. MOB in Colorado Springs, CO: 5,744 SF well kept single tenant medical office building. Near I-25. Tenant has been at this location since 1983. 100% NNN leased till 2022 to UCHealth. NOI $85K/yr. $1.115M. 7.71% cap.
8. Jiffy Lube in Seattle, WA: 2,610 SF build-to-suit franchised auto center on along busy corridor with over 30,000 VPD. Across from Fred Meyer grocery. 100% absolute NNN corp lease till 2026. NOI $129K/yr with 3% annual rent increases. $1.99M. 6.50% cap.
9. Retail Center in Turlock, CA: 22,398 SF well maintained retail center completed in 1989 in a fast growing area. Adjacent to Hwy-99. 63% NNN leased with good tenant mix including Subway, Little Caesars, Liberty Tax, MetroPCS, Boost Mobile and Fiesta Insurance. Actual NOI $206K/yr. $2.592M. 7.97% cap. Upside Potential.
10.Pep Boys in Tampa, FL: 4,757 SF auto center renovated in 2015 on .65 ac lot along high traffic location. 10 year absolute NNN corp lease till 2030. NOI $134K/yr with 10% rent increases every 5 years. $2.15M. 6.3% cap. Flyer not available, full brochure upon request.
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.
09-24: DaVita Dialysis, Wells Fargo, MOB, Walgreens, Advance Auto Parts, Medical Plaza, Concentra Urgent Care, Family Dollar
/by Maria2. Wells Fargo Bank in San Francisco, CA: 7,574 SF well maintained single tenant retail building on .13 ac corner lot. Near Golden Gate Park. 100% NNN lease to a national credit tenant. NOI $280K/yr with 2% annual rent increases. $6.6M. 4.25% cap.
3. Walgreens in Meridian, ID: 15,120 SF well kept drive-thru pharmacy completed in 2000 at a hard corner location in high income (AHI $89K/yr in a 5 mile radius) Boise suburbs. 100% NNN- corp lease till 2025. NOI $399K/yr. $5.5M. 7.25% cap.
4. Professional Office in Loves Park, IL: 10,494 SF attractive multitenant office building completed in 2006 on 1 ac lot in affluent Rockford suburbs. 100% NNN leased to JWW Dental and Broadcast Raymond James. NOI $167K/yr. $1.98M. 8.47% cap.
5. MOB in San Antonio, TX: 11,995 SF Class-B attractive medical office building built in 2017 on over 1.5 ac lot in affluent neighborhood with an AHI of $123K/yr in a 3 mile ring. Conveniently located between Methodist Hospital Stone Oak and Baptist Children’s Hospital at North Central. 85% NNN leased with good tenant mix including Tenet Healthcare, Airrosti Rehabilitation, North Hills Family Medicine and Veteran Evaluation Services. NOI $323K/yr. $4.9M. 6.60% cap. Upside potential when fully leased.
6. Advance Auto Parts in Waterloo, IA: 6965 SF well kept single tenant auto center on .83 ac lot at a signalized corner location. 100% NNN- corp lease till 2035. NOI $70K/yr. $1.014M. 6.90% cap.
7. MOB in Derby, KS: 17,463 SF multitenant medical office building renovated in 1995 on 1.79 ac lot at a signalized corner location in Wichita MSA. 100% NNN leased to three medical tenants. NOI $271K/yr. $3.2M. 8.50% cap.
8. Medical Plaza in Ocala, FL: 42,763 SF consisting of seven multitenant medical office buildings renovated in 2018 on 5.58 ac lot. Close to West Marion Community Hospital. With easy access to I-75. 75% leased to eleven tenants. Mostly NNN leases. NOI $352K/yr. $4.65M. 7.58% actual cap. Upside potential when fully leased.
9. Concentra Urgent Care in New Berlin, WI: 7,769 SF well maintained single tenant medical building on .90 ac lot in affluent (AHI $117K/yr in 1 mile radius) Milwaukee metro. 100% NNN- corp lease till 2023 to a strong credit tenant with over 520 urgent care centers in 44 states. NOI $145K/yr with annual CPI rent bumps. $1.25M. 11.62% cap.
10.Family Dollar in Westland, MI: 8329 SF build-to-suit single tenant retail building completed in 2014 on .74 ac lot in Detroit metro. 100% NNN- corp lease till 2023. NOI $133K/yr. $1.667M. 8% cap.
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: MOB, Rite Aid, Walgreens, Fresenius Dialysis Center, Medical Condo Portfolio
/by Maria2. MOB in Downers Grove, IL: 14,369 SF well maintained 2-story multitenant medical office building on over 1 ac lot in high income Chicago MSA with a MHI of $98K/yr in a 1 mile radius. 90% leased to multiple medical tenants. NOI $193K/yr. $2.2M. 8.8% cap. Upside potential when fully leased.
3. Rite Aid in Garden City, MI: 11,060 SF Rite Aid pharmacy completed in 2000 on 1.60 ac lot in Detroit suburbs. 100% NNN- corp lease till 2025. NOI $248K/yr. $3.11M. 8% cap.
4. Medical Condos in Various Cities in CA: 9,391 SF consisting of five medical condos in high income neighborhoods. 100% NNN leased till 2025 to Bay Area Oral Surgery & Implantology. NOI $287K/yr. $4.103M. 7% cap.
5. MOB in St. Petersburg, FL: 13,015 SF single tenant medical office building renovated in 2015 on 1.36 ac lot. Brand new 20 year absolute NNN corp lease to Pasadena Surgery Center serving the Tampa Bay area since 1984. NOI $386K/yr with 7.5% rent bumps every 5 years. $5.945M. 6.50% cap.
6. Fresenius in Oklahoma City, OK: 8,000 SF dialysis center built in 1998 on over 1 ac lot. 100% NNN- lease till 2024. NOI $114K/yr. $1.754M. 6.5% cap.
7. MOB in Bloomingdale, IL: 11,609 SF Class-B medical office building completed in 1994 on .49 ac lot in affluent Chicago metro with a MHI of $96K/yr. Anchored by DuPage Medical Group. 90% leased to multiple tenants. NOI $365K/yr. $4.43M. 8.25% cap.
8. MOB in Jackson, MI: 13,978 SF well kept multitenant medical office building on .81 ac corner lot. 100% leased to multiple tenant including Pulmonary Clinic, Verma Neurology and Kidney &
9. Walgreens in Rockford, IL: 13,000 SF drive-thru pharmacy at a signalized corner location with multiple points of ingress/egress. 100% NNN- lease till 2023. NOI $140K/yr. $1.938M. 7.25% cap.
10.MOB in Tucker, GA: 7,992 SF attractive multitenant medical office building on over 1 ac lot in high income Atlanta suburbs with an AHI of $99K/yr in a 1 mile ring. 79% NNN leased to Daffodil Pediatrics and OB/GYN medical practice. NOI $78K/yr. $1M. 7.87% cap.
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.
08-18: Surgery Center, Medical Strip, MOB, Family Dollar, Dollar General
/by Maria2. MOB in Buford, GA: 5331 SF Class-B multitenant medical office building completed in 2000 on .37 ac lot in Atlanta MSA. 100% leased to Smile Moore and Oral & Facial Surgery Associates with 20 locations. NOI $102K/yr. $1.458M. 7% cap.
3. Family Dollar in Rocky Mount, NC: 8320 SF single tenant retail building constructed in 2012 on 1.41 ac lot. 100% NNN- corp lease till 2025. NOI $104K/yr. $1.35M. 7.70% cap.
4. MOB n Rancho Cordova, CA: 5,000 SF Class-B attractive single tenant medical office building built in 1999 on .51 ac lot in fast growing Sacramento suburbs. This is a sale leaseback investment. New 10 year NNN lease to Sunrise Orthodontics. NOI $150K/yr with 2.5% annual rent increases. $2.608M. 5.75% cap.
5. MOB in Vallejo, CA: 56,991 SF 2-story multitenant medical office building completed in 1990 on over 3 ac lot in San Francisco Bay Area. Close to Kaiser Permanente. 99% leased to multiple tenants. $15M. NOI/Cap N/A.
6. Dollar General in Fort Worth, TX: 9100 SF well kept single tenant retail building built in 2009 on 1 ac corner lot. 15 year NNN- corp lease till 2024. NOI $102K/yr. $1.522M. 6.75% cap.
7. Family Dollar in Fort Worth, TX: 8320 SF well maintained dollar store built in 2011 on 1.70 ac lot in a fast growing area. 100% NNN- corp lease till 2021. NOI $127K/yr. $1.698M. 7.50% cap.
8. Medical Strip Center in Cape Coral, FL: 14,965 SF attractive multitenant medical strip completed in 2007 on 1.28 ac lot in Fort Myers suburbs. Shadow anchored by a center with Belk & Dollar Tree. 100% leased to multiple tenants including U.S. Renal Care. NOI $225K/yr. $3.75M. 6% cap.
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.
07-31: Texas Emergency Care, Rite Aid, Concentra Urgent Care, Walgreens, Dollar General, Professional Buildings, Family Dollar
/by MariaTransmercial 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.