10-16: Walgreens, MedCare Urgent Care, Arby’s, MOB, Hardee’s, Retail Plazas

 

1.   Retail Center in Jeffersonville, IN: 19,500 SF well maintained retail center built in 2002 on 1.78 ac lot in Louisville suburbs. Adjacent to Meijer Supermarket. 100% NNN leased with excellent tenant mix including Subway, Domino’s Pizza, H&R Block and Great Clips. NOI $179K/yr. $2.3M. 7.80% cap.

2.   Retail Plaza in Spring, TX: 26,472 SF attractive retail center constructed in 2005 on 2.24 ac lot in high income Houston suburbs with an AHI of $109K/yr in a 1 mile ring. 92% NNN leased to fourteen tenants. Seller will master lease 2175 SF vacancy for 1 yr. Pro forma NOI $413K/yr. $5.5M. 7.52% proforma cap.

3.   Professional Buildings in Fort Worth, TX: 7166 SF consisting of two well maintained professional/medical office building completed in 2004 on .81 ac lot. Close to I-35W. 100% NNN leased to multiple tenants. NOI $128K/yr. $1.755M. 7.31% cap.

4.   MedCare in Spartanburg, SC: 7,000 SF drive-thru urgent care center built in 2015 on .86 ac corner lot in a fast growing area. Near Spartanburg Regional Heart Center. 15 year NNN- corp lease till 2030 to Urgent Care Group with 17 locations. NOI $228K/yr with rent increases every 5 years. $3.145M. 7.25% cap.

5.   Arby’s in Hobart, IN: 2440 SF well maintained drive-thru restaurant built in 1999 on 1.21 ac lot along busy artery. Close to I-65 with over 102,000 CPD. 20 year absolute NNN lease till 2024 to a strong operator with 28 units. NOI $133K/yr with 1% annual rent increases. $1.907M. 7% cap.

6.   Retail Plaza in Merced, CA: 68,207 SF shopping center built in 2007 anchored by 53,646 SF Rancho San Miguel Market with six locations. Shadow anchored by CVS Pharmacy. 100% NNN leased. NOI $964K/yr. $13.302M. 7.25% cap.

7.   Retail Center in Martinez, CA: 14,014 SF recently renovated retail center consisting of one multitenant center and one restaurant in growing San Francisco Bay Area. 100% NNN leased to Auto Zone, Family Dentistry, Nail Salon and Fresh Start Cafe. NOI $262K/yr. $5.251M. 5% cap.

8.   MOB in High Point, NC: 12,879 SF two-story single tenant attractive medical office building on nearly 1 ac lot. Adjacent to Wake Forest Baptist Health Center. 100% leased to Wake Forest Baptist Health till 2022. NOI $202K/yr with 2% annual rent increases. $2.4M. 8.5% cap.

9.   Hardee’s in Montgomery, AL: 3604 SF single tenant franchised fast food restaurant renovated in 1992 on 1.55 ac lot. 19 year absolute NNN lease till 2025 to a strong operator with 110 units. NOI $118K/yr with 2% annual rent increases. $1.312M. 9% cap. Note: flyer not avail, full package upon request.

10.      Walgreens in Livonia, MI: 13,905 SF well maintained drive-thru pharmacy built in 1997 on 1.80 ac corner lot in Detroit MSA. 100% NNN– corp lease till 2023. NOI $139K/yr. $1.794M. 7.75% 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.

David V. Tran

Chief Investment Advisor. CA BRE# 00969014

Transmercial — Commercial Real Estate Investments

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

10-01: MOB, Office Building, Jack in the Box, Retail Plazas, Rite Aid, Retail Centers

 

1.   Retail Center in Concord, NC: 15,625 SF well maintained retail center completed in 2003 on 3.43 ac corner lot in Charlotte MSA. 100% leased to multiple tenants including Dollar Genera, Jackson Hewitt and Boost Mobile. NOI $147K/yr. $1.909M. 7.75% cap.

2.   MOB in Fort Collins, CO: 3384 SF attractive single tenant medical office building adjacent to a busy corner location in growing Denver metro. 10 year NNN- lease with over 9 years left to Smile Doctors Braces with over 160 locations in 14 states. NOI $108K/yr with 3% annual rent bumps after 5 years. $1.542M. 7% cap.

3.   Retail Center in Tomball, TX: 15,580 SF under construction retail center on 2.38 ac lot in affluent Houston suburbs with a MHI of $107K/yr in a 3 mile radius. 100% NNN leased out and ready for delivery by Spring 2020. NOI $406K/yr. $5.8M. 7% cap.

4.   MOB in Dallas, TX: 27,942 SF single tenant medical office building built in 2004 on 3 ac lot along busy artery with over 38,000 VPD. New 10 year NNN- lease. NOI $558K/yr with 2% annual rent increases. $6.985M. 8% cap.

5.   Shopping Center in Tulsa, OK: 53,994 SF attractive shopping center renovated in 2004 on over 5 ac lot. With easy access to Hwy-169. 78% leased with good tenant mix including O’Reilly Auto Parts, Citi Trends, Allstate Insurance and AT&T. 291K/yr. $3.759M. 7.75% cap.

6.   Office Building in Boise, ID: 43,305 SF Class-A two-story multitenant office building remodeled in 2018/2019 on 2.78 ac lot in a high income area with a MHI of $100K/yr in a 1 mile ring. 100% leased to multiple tenants. NOI $514K/yr. $6.86M. 7.50% cap.

7.   MOB in Las Vegas, NV: 18,757 SF Class-B two-story multitenant medical office building constructed in 1999 on 1.29 ac corner lot. Close to MountainView Hospital. Near Hwy-95 with over 200K VPD. 82% NNN leased to four tenants and only one vacancy. NOI $537K/yr. $7.3M. 7.36% cap.

8.   Jack in the Box in Bend, OR: 2370 SF drive-thru fast food restaurant built in 2009 on .52 ac corner lot. 100% absolute NNN leased with over 10 years left to an experienced franchisee. NOI $168K/yr. $2.3M. 7.34% cap.

9.   Retail Plaza n Tamarac, FL: 84,655 SF consisting of three attractive retail buildings at a major retail corridor in Fort Lauderdale suburbs. With over $3M in capital improvement including a new roof, new facade, new parking and lighting, landscaping and more. Key Tenants: Planet Fitness, La Colonia Medical Center. NOI $1.146M/yr. $15.7M. 7.30% cap.

10.Rite Aid in Antioch, CA: 16,708 SF recently remodeled drive-thru drug-store on nearly 2 ac lot at a signalized corner location in high income Contra Costa County. 100% leased. NOI $303K/yr. $4.998M. 6.07% 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.

David V. Tran

Chief Investment Advisor. CA BRE# 00969014

Transmercial — Commercial Real Estate Investments

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

09-30: Rite Aid, Freddy’s Frozen Custard, IHOP, MOB, Office Buildings, Retail Plazas

Installed Plugins

 

1.   MOB in Albuquerque, NM: 8,300 SF well maintained single tenant medical office building on 1.54 ac lot. Close to Presbyterian Kaseman Hospital and I-40. 100% NNN lease with 15 years left to Modern Vascular. 3 year corp guarantee. NOI $360K/yr with scheduled rent increases. $4.8M. 7.5% cap.

2.   Rite Aid in Chesapeake, VA: 10,168 SF drive-thru Rite Aid built in 1995 on 1.27 ac lot at a signalized corner location. In high income Norfolk suburbs with an AHI of $90K/yr in a 3 mile radius. 100% absolute NNN corp lease till 2024. NOI $159K/yr. $1.874M. 8.50% cap.

3.   Retail Plaza in Fort Myers, FL: 48,220 SF consisting of three retail centers completed in 2008. Shadow anchored by Super Target. Key tenants: Dollar Tree, Pet Supplies Plus, Cricket Wireless and Verizon. 92% NNN leased. Actual NOI $603K/yr. $8.505M. 7.10% cap.

4.   DaVita in Rosenberg, TX: 6,000 SF dialysis center built in 2001 on .86 ac lot in high income Houston metro. With easy access to I-69 with over 72,000 VPD. 12 year absolute NNN lease till 2023. NOI $241K/yr with 2% annual rent increases. $3.381M. 7.14% cap.

5.   Shopping Center in Fontana, CA: 24,895 SF consisting of two retail buildings completed in 2006 on over 2 ac lot at a signalized corner location in growing San Bernardino County. Along I-66 with over 36,000 CPD. 92% NNN leased. NOI $343K/yr. $5.5M. 6.25% actual cap. Upside potential when fully leased.

6.   Freddy’s Frozen Custard & Steakburgers in Akron, OH: 2,600 SF brand new American fast-casual restaurant on nearly 1 ac lot. Across from major power center with Target. Adjacent to Residence Inn Marriott and Hampton Hotel. With easy access to I-77. New 15 years absolute NNN lease to a strong national tenant with 300+ locations. NOI $169K/yr with 7.5% rent increases every 5 years. $2.0707M. 6.25% cap.

7.   Black Bear Diner in Tulsa, OK: 5736 SF newly renovated freestanding restaurant on 1.57 ac outparcel to Belk and Target center in a high income area. At a prime retail location. Visible from Hwy-169 with over 30,000 CPD. 100% absolute NNN corp with over 9 years left. NOI $175K/yr with 10% rent bumps every 5 years. $2.916M. 6% cap.

8.   IHOP in Memphis, TN: 4,740 SF IHOP restaurant built in 1999 on 1.16 ac lot along busy retail corridor. Near I-40 with over 138,000 VPD. 25 year absolute NNN corp lease with over 7 years left. NOI $212K/yr with 10% rent increases every 5 years. $3.149M. 6.75% cap.

9.   MOB in Garfield Heights, OH: 44,458 SF Class-B two-story multitenant medical office building completed in 1998 on over 3 ac lot in Cleveland suburbs. Off of I-480. 77% leased to Centers For Dialysis, GDP Group, Hudec Dental, Marymount Hospital, and Merida Medical Group. NOI 403K/yr. $4.661M. 8.65% cap.

10.Office Building Santa Ana, CA: 7734 attractive two-story office building constructed in 2001 in densely populated Los Angeles suburbs. 100% leased to Atlantis Eyecare. NOI $162K/yr. $2.707M. 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.

09-16: Rite Aid, Denny’s, Medical Plaza, Advance Auto Parts, Church’s Chicken, Dollar Tree, MOB

1.   MOB in Prescott, AZ: 7394 SF attractive single tenant medical office building constructed in 2002. Across from Yavapai Regional Medical Center. 100% lease to YRMC Cardiac Services till 2022. NOI $134K/yr. $1.9M. 7.08% cap.

2.   Rite Aid in Wilmington, DE: 11,180 SF drive-thru Rite Aid pharmacy built in 1999 on nearly 1 ac lot in Philadelphia MSA. With four points of ingress/egress. 100% NNN- corp lease till 2023. NOI $202K/yr. $2.531M. 8% cap.

3.   Dollar Tree in Columbia, SC: 10,908 SF free-standing retail building constructed in 1999 on 1.65 ac lot along busy retail artery with over 36,000 CPD. 100% NNN- corp lease till 2024. NOI $141K/yr. $2.025M. 7% cap.

4.   MOB in Weatherford, TX: 11,894 SF attractive high-quality construction medical office building completed in 2010 in fast growing Fort Worth metro. 100% NNN leased to Fresenius and HCA. NOI $248K/yr. $3.55M. 7% cap.

5.   Retail Plaza in Redding, CA: 88,447 SF well maintained shopping center on over 4 ac lot in a fast growing area. 90% leased to multiple national and local tenants. NOI $669K/yr. $8.8M. 7.61% cap. Upside potential when fully leased.

6.   Rite Aid in Hiram, GA: 11,340 SF drug store constructed in 1996 on over 1 ac lot at a major signalized corner intersection in growing Atlanta suburbs. NOI $186K/yr. $2.493M. 7.5% ap.

7.   Advance Auto Parts in Burton, MI: 6,750 SF single tenant retail center built in 2000 on nearly 1 ac lot in Flint suburbs. 100% NNN lease till 2024. NOI $68K/yr. $929K. 7.35% cap.

8.   Church’s Chicken in Houston, TX: 1815 single tenant fast food restaurant on .55 ac lot in middle-class neighborhood. 100% leased. NOI $75K/yr. $1.043M. 7.25% cap,

9.   Medical Plaza in Sun City West, AZ: 17,671 SF consisting of two medical office buildings constructed in 2003 on 1.56 ac lot in Phoenix suburbs. 100% leased to four long-term tenants. NOI $438K/yr. $6.267M. 7% cap.  

10.Denny’s in Wichita, KS: 3485 SF well kept Denny’s restaurant on .90 ac lot. Visible from Hwy-54/400 with over 84,000 VPD. Close to Towne West Square Mall and I-235. 100% absolute NNN corp lease till 2023. NOI $56K/yr. $940K. 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.

09-03: MOB, Golden Corral, FedEx Office, Storming Crab, Retail Centers, Shopping Centers

 

1.   Shopping Center in Redwood City, CA: 37,399 SF well kept retail center on 2.28 ac lot in high income Silicon Valley with an AHI of $148K/yr in a 3 mile ring. Along busy El Camino Real, a major thoroughfare. Adjacent to Hwy-84. 100% NNN leased to Bed, Bath and Beyond, Starbucks, Subway, Wingstop, Floating Spa and Family Wash. NOI $1.013M/yr.

2.   Strip Center in Mary Esther, FL: 5,020 SF three tenant strip center renovated in 2011 on .69 ac outparcel to Santa Rosa Mall. 100% leased to Sprint, 850 Craft Reserve, Smoothie King and Wells Fargo ATM. NOI $126K/yr. $1.8M. 7% cap.

3.   Retail Plaza in Matteson, IL: 60,328 SF well maintained shopping center on over 6 ac lot at a signalized corner location in high income Chicago MSA with an AHI of $83K/yr. Major tenants include DaVita, Dairy Queen, Jimmy John’s, ATI Physical Therapy and Hanger Clinic. 89% leased to retail and medical tenants. NOI $703K/yr. $7.712M. 9.12% actual cap. Upside potential when fully leased.

4.   Neighborhood Center in Boise, ID: 113,576 SF attractive completely remodeled shopping center along busy retail artery with over 33,000 VPD. New monument sign. 100% leased to eight tenants including ACE Hardware and Savers. NOI $889K/yr. $12.7M. 7% cap.

5.   MOB in Chaska, MN: 13,838 SF well maintained medical office building constructed in 1990 on 2.49 ac lot in Minneapolis MSA. 82% leased to multiple tenants including Concentra. Actual NOI $129K/yr. $1.8M. 7.22% actual cap. Upside potential.

6.   Strip Center in Indianapolis, IN: 14,400 SF attractive strip center completed in 2006. All units face major retail corridor with over 33,000 APD. Next to IU Health Methodist Medical Plaza. Near Washington Square Mall. 100% NNN leased to Qdoba Mexican Grill, Mortenson Dental Partners, UPS Store, T-Mobile and McAllister’s Deli. NOI $359K/yr. $4.956M. 7.25% cap.

7.   Golden Corral in Raymore, MO: 12,000 SF all-you-can-eat buffet built in 2014 in growing Kansas City metro. Adjacent to Lowe’s, Sam’s Club and Walmart. Along Hwy-58. Close to I-49. 100% leased. $2.5M. NOI/Cap N/A.

8.   FedEx Office in Bakersfield, CA: 9697 SF single tenant retail building constructed in 1993 on .73 ac corner lot. At a signalized intersection. Tenant has been at this location since 1992. Recently extended NNN- lease till 2028 to FedEx Office. NOI $123K/yr with 5% rent increases every 5 years. $2.06M. 6% cap.

9.   Storming Crab in Kirkwood, MO: 6,852 SF recently renovated restaurant on 1.37 ac outparcel to Walmart Supercenter in growing and high income St. Louis suburbs. Other adjacent major tenants include: GomeGoods, Target, TJ Maxx, Hobby Lobby, Burlington and Lowes. On an off/on ramp of I-44 with over 104,000 VPD. Brand new 15 year absolute NNN lease to a strong operator with 7 locations. NOI $180K/yr with 10% rent increases every 5 years. $2.518M. 7.15% cap. Note: flyer not included, full brochure upon request.

10.Retail Pad in Lake Elsinore, CA: 7203 SF retail building completed in 2006 on .77 ac lot in densely populated Los Angeles suburbs. Part of Lake Elsinore Marketplace with Costco and Lowe’s. Close to I-15.  100% NNN leased to Submarina, IBrows, Nevy Federal Credit Union and Juice It Up. NOI $241K/yr. $4.03M. 6% cap. Note: flyer not avail, full OM upon request.

 

About The Properties

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

Below are the most commonly used acronyms:

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

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

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

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

08-19: MOB, Hooters Restaurant, Egg Basket Pancake House & Restaurant, Retail Centers, Shopping Plazas, Anchored Shopping Centers

 

1.   MOB in Land O Lakes, FL: 7100 SF Class-B single tenant medical office building completed in 2007 in middle-class Tampa metro. Part of Offices Of Devonwood, an attractive condominium office park. Along Hwy-54 with over 45,000 CPD. 100% leased with over 5 years left to WellMed with locations in TX & FL. NOI $150K/yr with 2% annual rent increases. $1.9M. 7.94% cap.

2.   Hooters in Rockford, IL: 4,309 SF well maintained casual dining  restaurant constructed in 2000 on 1.23 ac lot at a signalized intersection. In a high income area with an AHI of $85K/yr in a 3 mile radius. Shadow anchored by The Home Depot. Tenant has been at this location since 2001. 100% absolute NNN lease till 2026. NOI $130K/yr with 10% rent bumps every 5 years. $1.793M. 7.25% cap.

3.   Egg Basket Pancake House and Restaurant in Streamwood, IL: 5,298 SF single tenant highly rated restaurant built in 1993 on .74 ac outparcel to Walmart. 100% NNN leased till 2025. NOI $107K/yr. $1.533M. 7% cap.

4.   Neighborhood Center in Mesa, AZ: 69,627 SF attractive shopping center completed in 2005 on over 10 ac corner lot anchored by Bashas grocery. In fast growing Phoenix MSA. 95% leased with excellent tenant mix including restaurant, medical, retail and professional tenants. NOI $1.212M/yr. $13.852M. 8.75% cap.

5.   Retail Center in Chula Vista, CA: 12,481 SF well maintained retail center built in 1991 on 1.37 ac lot in San Diego suburbs. At a major signalized corner intersection. Across from Target and close to Walmart and Costco. 100% leased with excellent tenant mix including Wingstop, Planned Parenthood, TitleMax and Cricket Wireless. NOI $811K/yr. $10.95M. 7.41% cap.

6.   Shopping Center in New Orleans, LA: 27,193 SF retail center renovated in 2013 on 6.79 ac lot. Close to I-10. 100% leased to eight tenants including Dollar Tree. With mostly NNN leases. NOI $337K/yr. $3.75M. 9% cap.

7.   Retail Plaza in Lilburn, GA: 35,134 SF well maintained shopping center on 5.48 ac corner lot in fast growing Atlanta metro. 96% leased to retail and medical tenants. NOI $355K/yr. $4.8M. 7.41% cap.

8.   Shopping Center in Wichita Falls, TX: 71,658 SF retail center renovated in 2003 on over 9 ac lot. Across from Sikes Center Mall with Dillard’s, JCPenney, and Movie Theater. 100% NNN leased to T.J. Maxx, Ross Dress For Less & Shoe Carnival. NOI $674K/yr. $8.65M. 7.80% cap. Buyer to assume $5.7M loan at 4.72% interest rate.

9.   Retail Center in Memphis, TN: 28,758 SF attractive retail center built in 1998 on 3.50 ac lot. Adjacent to a major artery with over 36,000 VPD. 100% leased to multiple tenants. NOI $281K/yr. $3.5M. 8.05% cap.

10.      Strip Center in Pittsburg, CA: 7997 SF mature retail center along main thoroughfare in growing Contra Costa County. Close to Hwy-4. 100% NNN leased to Ruby Lounge, Javir Market, Hair Salon and Taqueria. NOI $114K/yr. $1.595M. 7.21% 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.

07-31: McAlister’s Deli, Dollar General, MOB, Office Building, Family Dollar, Taco Bell, Shopping Centers

1.   Shopping Center in Mobile, AL: 37,341 SF attractive shopping center built in 2007 on 5.4 ac lot. Shadow anchored by Walmart Supercenter. Key tenants: Anytime Fitness, Cricket Wireless, Moe’s Original BBQ, Rent-A-Center and Hibbett Sports. 83% leased with excellent tenant mix. Actual NOI $355K/yr. $4.19M. 8.5% cap. Upside potential when fully leased.

2.   McAlister’s Deli in Amarillo, TX: 4148 SF freestanding franchised restaurant renovated in 2010 on nearly 1 ac lot in a high income area with an AHI of $93K/yr in 3 miles. 15 year absolute NNN lease till 2025. NOI $136K/yr with 10% rent bumps every 5 years. $1.953M. 7% cap.

3.   Taco Bell in Houston, TX: 2,201 SF well maintained single tenant fast food restaurant constructed in 1997 on .68 ac lot in fast growing middle-class area. 100% absolute NNN lease till 2024 to a strong franchisee with 73 units. NOI $65K/yr with 10% rent increases every 5 years. $870K. 7.50% cap.

4.   Retail Center in Colorado Springs, CO: 20,12 SF attractive retail center built in 2000 on 2.27 ac  corner lot along busy retail corridor with over 45,000 CPD. Close to Chapel Hills Mall. 100% NNN leased with good tenant mix. $5.9M. NOI/Cap N/A.

5.   Professional Building in Clearwater, FL: 24,636 SF well kept multitenant office building on 1.83 ac corner lot in Tampa suburbs. 100% leased. NOI $193K/yr. $2.275M. 8.50% cap.

6.   Dollar General in Jacksonville, FL: 9,100 SF single tenant retail building constructed in 2010 on 1.27 ac lot along busy road. 100% absolute NNN corp lease with over 6 years left. NOI $115K/yr. $1.595M. 7.25% cap.

7.   Family Dollar in Tucson, AZ: 9180 SF freestanding retail building completed in 1998 on .86 ac lot along main thoroughfare. 1000% NNN- corp lease till 2024 with minimal landlord responsibilities. NOI $97K/yr. $1.181M. 8.25% cap.

8.   MOB in Plainfield, IL: 7,807 SF medical office building on 3.59 ac lot in high income Chicago MSA with an AHI of $100K/yr in a 1 mile ring. 100% leased to Adventist Heath Partners, Suburban Foot & Ankle Associates and Corwin Medical. NOI $106/yr. $1.155M. 9.25% cap.

9.   Office Building in San Jose, CA: 4,900 SF five-unit office building on .56 ac lot. Adjacent to Regional Medical Center. With easy access to I-680 with over 200,000 CPD. 84% leased to US Government with various military recruiting offices including Army, Navy, Air Force and Marine Corps. Proforma NOI $151K/yr. $2.5M. 6% proforma cap.

10.Strip Center in Rancho Cordova, CA: 6,755 SF attractive retail center on .62 ac outparcel to 99 Cents Only Stores in fast growing Sacramento suburbs. At a major signalized corner location. Across from Walmart Supercenter. 100% NNN leased to Jersey Mike’s, Teriyaki Gill, Super Nails, CA Check Cash and Donut King. NOI $221K/yr. $3.685M. 6% cap. Note: flyer not avail, 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: 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.

07-17: Daycare Facilities, MOB, Professional Buildings, Retail Centers, Shopping Plazas

 

1.   Shopping Center in Fresno, CA: 55,568 SF consisting of two retail centers on 6.37 ac lot adjacent to a major signalized corner location with over 70,000 in combined CPT. Close to Fashion Fair Mall. With easy access to Hwy-41. NOI $465K/yr. $6.295M. 7.40% cap.

2.   Daycare Center in Mount Laurel, NJ: 6140 SF well kept single tenant daycare facility built in 1995 on 1 ac lot in Philadelphia suburbs. Close to Centerton Square Mall with Costco, T.J. Maxx, Wegmans and Target. Near I-295 with over 107,000 CPD. 100% NNN- lease. NOI 146K/yr. $1.699M. 8.59% cap.

3.   Retail Plaza in Doraville, GA: 44,685 SF attractive two-story retail center completed in 2009 on 2.60 ac lot between two signalized corner locations in growing Atlanta metro. 100% leased to retail/medical tenants. 562K/yr. $7.5M. 7.50% cap.

4.   MOB in Houston, TX: 38,513 SF medical office building completed in 2002 o 4.45 ac lot along major artery with over 64,000 CPD. Across from HCA Houston Healthcare Northwest Hospital. 12 year NNN lease to 1960 Family Practice with nearly 3 years left. NOI $920K/yr with 2% annual rent increases. $9.951M. 9.25% cap.

5.   Retail Center in Fresno, CA: 10,875 SF 10-unit L-shaped mature retail center on .43 ac corner lot in a fast growing area. 100% leased to multiple tenants. NOI $82K/yr. $1.199M. 6.9% cap.

6.   Retail Center in Anaheim, CA: 11,220 SF attractive retail center renovated in 2015 on .72 ac lot in densely populated Los Angeles suburbs. Close to Buena Park Downtown Mall with 71 stores. Near I-5. 91% NNN leased with good tenant mix including Quick Mart. NOI $243K/yr. $3.776M. 6.45% cap.

7.   Professional Building in Spokane, WA: 13,896 SF Class-B two-story professional office building on .53 ac lot in a fast growing area. 100% leased to Dr. Rose Medical Clinic and Assisted Residential Services. NOI $98K/yr. $1.2M. 8.18% cap.

8.   Shopping Center in Olathe, KS: 48,650 SF well maintained shopping center on 5.66 ac lot at a signalized corner location in Kansas City metro. With multiple points of ingress/egress. 75% leased to multiple retail and medical tenants. NOI $491K/yr. $6.13M. 8.01% cap.

9.   Retail Office in Spring Hill, FL: 28,820 SF attractive retail center completed in 2006 on over 11 ac lot in growing Tampa MSA. 100% leased. NOI $440K/yr. $5.8M. 7.60% cap.

10.Strip Center in Lake Worth, TX: 10,310 SF newly constructed strip center on 2.39 ac lot in a fast growing area with over 10% pop growth in a 3 mile radius. 100% NNN leased to Tuscany Italian Bistro, Mountain Valley, Thai Orange, Luxx Nails and Crossfit. NOI $184K/yr. $2.495M. 7.39% cap.        

 

About The Properties

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

Below are the most commonly used acronyms:

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

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

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

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

06-27: Day Care Facility, Walgreens, MOB, Shopping Centers, Strip Centers

Advisory: The interest rates are falling! Transmercial recently receives a loan quote for a 10 years fixed rate at 4.08% for a shopping center in NM and another 7 years fixed rate for 4.05% for another medical office building in GA. Transmercial has not seen these low rates for awhile. When the cap rate remains the same but the interest rates are lower, the return of investment is higher and more attractive.

1.   Walgreens in Sacramento, CA: 15,120 SF attractive drive-thru Walgreens Pharmacy at a had corner location in a high income area. Long term NNN- corp lease with over 8 years left. NOI $477K/yr. $7.95M. 6% cap.

2.   MOB in Birmingham, AL: 21,283 SF medical office building completed in 2000 on 2.16 ac corner lot. Close to Brookwood Baptist Medical Center and I-65. 100% NNN leased to Fresenius, Southern Care, TherapySouth and Brookwood Sleep Clinic. NOI $429K/yr. $5.808M. 7.39% cap.

3.   Shopping Center in Cedar Hill, TX: 22,816 SF consisting of two retail buildings completed in 2005 on 2.73 ac lot in fast growing Dallas suburbs. Shadow anchored by Walmart Supercenter. 100% NNN leased with excellent tenant mix including Solis Mammography, Allstate Insurance, Edible Arrangements and Key Pharmacy. NOI $385K/yr. $5.47M. 7.01% cap.

4.   Shopping Center in Mesa, AZ: 27,549 SF well maintained shopping center on 2.67 ac lot along major artery in Phoenix suburbs. Across from Mesa Community College and adjacent to Banner Desert Medical Center and Fiesta Mall. 89% NNN leased to retail and medical tenants including Concentra Urgent Care. Actual NOI $394K/yr. $5.45M. 7.25% actual cap. Upside potential when fully leased.

5.   Shopping Center in Houston, TX: 64,500 SF mature shopping center on 4.56 ac lot. Near Greenspoint Mall. Visible from Hwy-8 with over 135,000 CPD. Key tenants: Houston Spinal Pain & Rehab Clinic, Family Health Clinic and CGI Healthcare. 100% leased to retail and medical tenants. NOI $500K/yr. $5.2M. 9.62% cap.

6.   Retail Center in Rancho Cucamonga, CA: 33,437 SF attractive retail center renovated in 2017 on 2.69 ac lot in fast growing Sacramento MSA. Adjacent to Target and Marshalls. Across from Walmart Supercenter. With easy access to Hwy-50. 100% NNN leased with excellent mix of tenants. NOI $709K/yr. $9.64M. 7.35% cap.

7.   MOB in Las Vegas, NV: 30,216 SF Class-B thee-story multitenant medical office building completed in 1991 on 1.39 ac lot. Adjacent to Sunrise Hospital and Medical Center and close to The Strip. 100% leased to multiple tenants. NOI $420K/yr. $6.1M. 6.89% cap.

8.   Day Care Center in Olathe, KS: 9396 SF day care facility completed in 2008 on 1.21 ac lot in growing and high income area with an AHI of $93K/yr in a 3 mile radius. 100% NNN leased to Open Minds Child Development Center. 3% annual rent increases. $1.775M. NOI/Cap N/A.

           

About The Properties

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

Below are the most commonly used acronyms:

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

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

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

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

06-03: Meineke Car Care Center, Walgreens, Professional Buildings, Retail Centers, MOB

 

1.   Meineke in Mobile, AL: 4,200 SF newly constructed car care center. Adjacent to Walmart Neighborhood Market. Close to University of South Alabama. New 10 year absolute NNN lease to a strong operator with over 900 locations. NOI $105K/yr with 1.5% annual rent increases. NOI $1.5M. 7% cap.

2.   Walgreens in Kansas City, MO: 13,905 SF drive-thru drug store completed in 2000 on 1.50 ac lot at a hard corner location. Close to Blenheim Square Research Hospital. 25 years NNN- lease till 2024. NOI $250K/yr. $3.424M. 7.30% cap.

3.   Medical Condo in Laurel, MD: 29,000 SF Class-B two-story medical condo building on over 1 ac corner lot in growing Washington MSA. 100% leased by Children’s National Medical Center. NOI $240K/yr. $2.5M. 9.60% cap.

4.   Professional Building in Fort Worth, TX: 5,000 SF attractive two tenant professional building completed in 2007 on .42 ac lot in a fast growing area. Close to Texas Health Harris Methodist Hospital, Baylor Scott & White All Saints Medical Center and John Peter Smith Hospital. Near I-35W/I-30. 100% leased to Preferred Imaging and Texan Allergy. NOI $123K/yr. $1.475M. 8.36% cap.

5.   Neighborhood Center in Aurora, CO: 105,944 SF well maintained shopping center on 6.32 ac corner lot along major artery with over 46,000 CPD in growing Denver suburbs. 100% leased. NOI $856K/yr. $10.7M. 8% cap.

6.   Strip Center in Perris, CA: 22,000 SF two-story retail center constructed in 2007 on 1.68 ac corner lot in growing Riverside County. 79% leased to multiple tenants. NOI $267K/yr. $4.4M. 6.07% cap.

7.   Retail Center in Kissimmee, FL: 24,635 SF retail plaza built in 1998 on over 2 ac lot along six-lane Memorial Hwy with over 50,000 CPD in Orlando suburbs. Close to Disney’s Hollywood Studios, Disney Animal Kingdom, Magic Kingdom Park and SeaWorld Orlando. With easy access to I-4. 100% leased. NOI $434K/yr. $5.9M. 7.37% cap.

8.   Walgreens in Tulsa, OK: 13,500 SF drive-thru pharmacy built in 1994 on nearly 1 ac lot at a signalized corner location. With multiple points of ingress/egress. 100% NNN- lease till 2024. NOI $200K/yr. $2.857M. 7% cap.

9.   Shopping Center in Stone Mountain, GA: 63,650 SF shopping center built in 1994 on 9.88 ac lot anchored by 44,000 SF Food Depot and Family Dollar in growing Atlanta metro. 90% leased. NOI $351K/yr. $4.45M. 7.91% 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.