05-01: MOB, Outback Steakhouse, Shopping Centers, Strip Centers

 

1.   Strip Center in Duluth, GA: 16,340 SF attractive strip center built in 1997 on 1.70 ac lot in fast growing and high income Atlanta suburbs with an AHI of $129K/yr in a 1 mile radius. Shadow anchored by Target & The Home Depot. Across from whole Foods and Publix shopping center. 100% NNN leased to five tenants. NOI $196K/yr. Price reduced from $2.95M to $2.814M. 7% cap.

2.   MOB in Tampa, FL: 4308 SF single tenant medical office building constructed in 2005 on .85 ac lot at a signalized corner location. 100% NNN leased to a Dermatologist. NOI $86K/yr. $1.148M. 7.50% cap.

3.   Retail Center in Humble, TX: 28,820 SF L-shaped well maintained retail center on over 2 ac lot at a prime retail corridor (42,150 CPD) in fast growing Houston suburbs. Across from Deerboork Mall with 140+ stores. Close to I-69. 94% NNN lased with excellent tenant mix. NOI $407K/yr. $5.821M. 7% cap.

4.   Outback Steakhouse in Lincoln, NE: 6134 SF well maintained steakhouse on .39 ac lot. Close to the University of Nebraska. and Gatewayll Mall. 100% NNN leased to a strong operator with over 1,000 locations. NOI $104K/yr. $1.674M. 6.25% cap.

5.   Retail Building in Apache Junction, AZ: 59,409 SF attractive retail building renovated in 2018 on 7.53 ac lot in fast growing Phoenix MSA. Along main retail corridor with over 36,000 CPD. 100% NNN leased to Ross Dress for Less, Peddlers Mall and Goodwill. NOI $648K/yr. $8.645M. 7.50% cap.

6.   Neighborhood Center in Houston, TX: 15,800 SF retail center built in 2007 on 1.42 ac lot. All units face main thoroughfare. 92% NNN leased to Careco Pharmacy, Enterprise, Smile Dental, HCA Houston Healthcare Cyfair Medical, Polish & Lash Salon, DeNiel Foot & Ankle and Sacred Leaf. Actual NOI $297K/yr. $4.103M. 7.25% actual cap. Upside potential.

7.   Retail Center in Arlington, TX: 17,836 SF retail center built in 1996 on 1.43 ac outparcel to Kroger grocery in growing Fort Worth suburbs. 100% leased to seven tenants. NOI $236K/yr. $3M. 7.88% cap.

8.   MOB in Roseville, CA: 4232 SF Class-B multitenant medical office building completed in 2005 on .61 ac lot in high income Pacer County with an AHI of $105K/yr. 100% leased to Monahan Vein Clinic and The Baby Connection, a fetal ultrasound company providing state-of-the-art 3D/4D and HDlive imaging. NOI $115K/yr. $1.65M. 7% cap.

9.   MOB in Colorado Springs, CO: 7,785 SF Class-B consisting of 14-bed Detox Hospital/Residential Treatment Center completed in 2006 on 1.88 ac lot. 100% leased to a highly rated tenant. NOI $209K/yr with 2% annual rent increases. $2.75M. 7.62% cap.

10.Neighborhood Center in Victorville, CA: 102,947 SF well maintained shopping center on 10.6 ac corner lot along major artery with over 70,000 CPD. Shadow anchored by dd’s Discounts. 99% NNN leased with excellent tenant mix including; Dollar Tree, Goodwill, Aaron’s Rental and Leslie’s Poolmart among others. Actual NOI $1.337M/yr. $16.94M. 7.90% 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: Avg. Household Income. National average is about $55+K/yr.

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

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

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

03-29: Arby’s, O’Reilly Auto Parts, Ross Dress For Less, Strip Centers, Shopping Centers

1.   Strip Center in Noblesville, IN: 9,296 SF recently renovated strip center on over 1 ac corner lot in a high income Indianapolis MSA with an AHI of $101K/yr in a 3 mile radius. Leased with long term tenants. NOI $101K/yr. $1.12M. 9.03% cap.

2.   Retail Center in Orem, UT: 20,282 SF attractive retail center completed in 2003 on 1.8 ac lot. Shadow anchored by Macey’s Grocery, a regional operator with multiple locations. 100% NNN leased to credit, national and local tenants. NOI $286K/yr. $4.41M. 6.50% cap.

3.   Arby’s in Lubbock, TX: 4,846 SF single tenant fast food restaurant built in 2002 on .71 ac lot along busy artery. 100% absolute NNN leased till 2022 to a strong franchisee with 20+ units. NOI $79K/yr. $1.131M. 7% cap.

4.   Retail Center in Indio, CA: 9888 SF retail center completed in 2004 on nearly 1 ac lot in growing Riverside County. Along Hwy-111. 100% leased to multiple tenants including Verizon Wireless, Indio Medical Clinic, Little Caesars and Cricket. NOI $136K/yr. $2.186M. 6.25% cap.

5.   O’Reilly Auto Parts in Minneapolis, MN: 17,923 SF single tenant retail building renovated in 1999 on .79 ac lot in upper middle-class neighborhood. Close to I-55. 100% NNN- corp leased till 2022. NOI $123K/yr with a rent bump in 2020. $1.491M. 8.25% cap.

6.   Retail Plaza in Mishawaka, IN: 62,577 SF well kept shopping center built in 1990 on 6.65 ac lot anchored by 49,337 SF Kroger Supermarket in South Bend suburbs. 94% NNN leased to seven tenants. NOI $ 375K/yr. $4.386M. 8.56% cap.

7.   Ross Dress for Less in Olympia, WA: 48,190 SF inline single tenant retail building renovated in 1991 on .49 ac lot in a fast growing area. Along major retail artery with over 34,000 CPD and with easy access to I-5 with 128,000 VPD. Recently extended NNN lease till 2025 to a national credit tenant with 1,483 stores. NOI $191K/yr. $2.95M. 6.50% cap.

8.   Strip Center in Collierville, TN: 10,818 SF attractive strip center renovated in 2012 on 1.24 ac lot in high income Memphis metro with a MHI of $111K/yr in a 3 mile ring. 100% NNN leased to Total Health Medical Clinic, Plato’s Closet and One Upon A Child. NOI $220K/yr. $2.75M. 8% cap.

9.   Retail Center in Sacramento, CA: 14,288 SF well maintained retail center built in 1992 on over 1 ac lot adjacent to a signalized corner location. Close to Kaiser Permanente Medical Hospital. 89% leased to multiple tenants including Starbucks and Subway. NOI $240K/yr. $3.999M. 6.01% cap.

10.Neighborhood Center in Grand Island, NE: 82,367 SF well kept shopping center renovated in 1992 on 8 ac lot in a growing middle-class area. Key tenants: Goodwill and Party City. Close to Conestoga Mall and Walmart Supercenter.  97% leased. NOI $542K/yr. $6.655M. 8.15% cap.

 

About The Properties

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

Below are the most commonly used acronyms:

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

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

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

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

03-18: Mixed-use, Professional Buildings, IHOP Restaurant, Neighborhood Centers, Retail Plazas

 

1.   Mixed-use in Palm Bay, FL: 25,200 SF attractive retail/medical center built in 2007 on nearly 3 ac lot. Close to I-95. 100% NNN lease with national, regional and local tenants including Subway, CSI Pediatric Services and Beachside Physical Therapy. NOI $389K/yr. $5.3M. 7.34% cap.

2.   Retail Plaza in North Olmsted, OH: 36,516 SF well kept shopping center on 3.81 ac lot along busy artery in Cleveland MSA. Key tenants: Subway, Cricket Wireless, A Child’s View and Danny Boys Pizza. 100% NNN leased. NOI $385K/yr. $4.67M. 8.25% cap.

3.   Neighborhood Plaza in Victorville, CA: 102,947 SF neighborhood plaza on 7.52 ac lot in growing San Bernardino suburbs. Shadow anchored by dd’s Discounts. Adjacent to Desert Valley Hospital. 100% NNN leased. NOI $1.338M/yr. $16.94M. 7.90% cap.

4.   Strip Center in Cape Coral, FL: 12,000 SF well maintained strip center constructed in 2004 on nearly 1 ac lot in Fort Myers suburbs. All units face busy artery. Near Cape Coral Hospital. 100% leased to six tenants. NOI $91K/yr. $1.45M. 6.29% cap.

5.   Retail Center in Chicago, IL: 6780 SF four-units mature retail center at a corner location in densely populated area. 100% leased. $1.13M. NOI/Cap N/A.

6.   Retail Center in West Bridgewater, MA: 12,847 SF mature retail center built in 1962 on 1.42 ac corner lot in Boston MSA. 100% leased to multiple tenants. NOI $218K/yr. $3.2M. 6.84% cap.

7.   Strip Center in Palatine, IL: 9612 SF well maintained strip center built in 1991 on .78 ac lot in high income (AHI $114K/yr in a 3 mile ring) Chicago metro. All units face Hwy-14. 75% leased to Family Pet Care, Finish Line Fitness and Ross Salon. $975K. NOI/Cap N/A.

8.   Professional Building in Las Vegas, NV: 12,927 SF Class-B multitenant professional building completed in 2002 on .82 ac lot. Part of 250,000 SF The Rancho Gowan Business Park. 100% leased to seven tenants. NOI $122K/yr. $1.575M. 7.75% cap.

9.   IHOP in Skokie, IL: 3986 SF IHOP franchised restaurant built in 1990 on .45 ac lot at a high traffic signalized corner location in Chicago suburbs. Along major retail thoroughfare. Adjacent to Westfield Old Orchard Mall and close to NorthShore University HealthSystem Skokie Hospital. 100% absolute NNN lease till 2026. NOI $168K/yr with CPI annual rent increases. $2.317M. 7.25% cap.

10.  Neighborhood Center in Bradenton, FL: 34,606 SF attractive shopping center completed in 2006 on 6.25 ac lot along major corridor with 47,000 VPD. Close to Walmart Supercenter and I-75. With four points of ingress/egress. 100% NNN leased to multiple tenants. NOI $502K/yr. $7M. 7.18% 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.

08-01: Walgreens, Sonic Drive-In, Community Centers, Winstead’s Steakburgers, Auto Centers, Wendy’s, Retail Buildings

1.   Walgreens in Joppa, MD: 11,980 SF drive-thru Walgreens drug store built in 1998 on 4.63 ac lot at a signalized corner location in high income Baltimore MSA. Along Hwy-40 with over 26,000 VPD. 100% NNN- corp leased till 2023. NOI $270K/yr. $3.857M. 7% cap.

2.   Sonic in Montrose, CO: 2,258 SF drive-in single tenant fast food restaurant completed in 1999. Along Hwy-550. Close to Walmart Supercenter. New 15-years absolute NNN lease. NOI $120K/yr with 1.5% annual rent increases. $1.715M. 7% cap.

3.   Shopping Center in Lockport, IL: 54,841 SF attractive shopping center constructed in 1994 on 6 ac lot in high income Chicago MSA. 100% NNN lease with excellent tenant mix including ACE Hardware, Edward Jones, Dunkin Donuts, Subway, Planet Fitness, AT&T and more. NOI $642K/yr. $7.5M. 8.56% cap.

4.   Community Center in New Baltimore, MI: 155,958 SF shopping center built in 2003 on nearly 19 ac lot in Detroit MSA. Shadow anchored by Target. 97% leased with mostly national tenants including: Anytime Fitness, Harbor Freight, Dunham’s Sports, Buffalo Wild Wings, Payless, STAPLES, CATO, Famous Footwear and Panera Bread. Mostly NNN leased. NOI $1.290M/yr. $15.84M. 8.15% cap.

5.   Winstead’s Steakburgers in Leawood, KS: 4220 SF single tenant traditional restaurant on .92 ac corner lot in Kansas City suburbs. On an off/on ramp of I-435. 20 years NNN lease with 12 years left. NOI $203K/yr with 5% rent bumps every 5 years. $2.629M. 7.75% cap.

6.   Auto Center in Maple Grove, MN: 13,931 SF multitenant auto center renovated in 2005 on over 1 ac lot in Minneapolis MSA. Adjacent to major shopping centers. With easy access to I-94. 100% leased to multiple tenants. NOI $138K/yr. $1.795M. 7.73% cap.

7.   Retail Building in Atlanta, GA: 14,400 SF well maintained single tenant retail building on 1.70 ac lot. Visible and next to Hwy-141. 100% leased to Supermercado El Sol, a Hispanic grocery. NOI $153K/yr. $2.05M. 7.50% cap.

8.   Retail Building in Greenville, NC: 14,400 SF well kept retail building on 1.27 ac lot along major retail corridor. 100% NNN leased to FastMed Urgent Care and Lumber Liquidators. NOI $296K/yr. $4.083M. 7.25% cap.

9.   Wendy’s in Melbourne, FL: 2781 SF well maintained Wendy’s restaurant on 1.14 ac lot in Palm Bay suburbs. Close to Health First Holmes Regional Medical Center. 100% absolute NNN lease. NOI $100K/yr. $1.438M. 7% cap.

10.Shopping Center in Lake Worth, FL: 27,000 SF attractive shopping center built in 1990 on nearly 3 ac lot along major thoroughfare with 30,000 VPD. Adjacent to a major signalized intersection. 98% leased with good tenant mix. NOI $560K/yr. $8M. 7% 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.

07-03: Burger King, Office Buildings, Hardee’s, O’Reilly’s Auto Parts, Apartments, Retail Centers

 

1.   Burger King in Pontiac, MI: 4,475 SF drive-thru fast food restaurant remodeled in 2016 on 1.48 ac lot in Detroit suburbs. With easy access to I-75. Tenant has been at this location

since 2006. Recently executed a new 20 year absolute NNN lease to a strong franchisee with over 800 units. NOI $68K/yr with scheduled rent increases. $1.056M. 6.50% cap.

2.   Hardee’s in Columbia, SC: 3,389 SF Hardee’s fast food restaurant remodeled in 2014 on over 1 ac lot along busy retail corridor with over 39,000 VPD. Tenant has been at this location since 1994. 100% absolute NNN corp lease till 2024. NOI $75K/yr with a 10% rent increase in 2019. $1.048M. 7.15% cap.

3.   Shopping Center in Houston, TX: 82,177 SF consisting of three retail buildings on over 21 acres of land in a fast growing area. 91% leased with good tenant mix including Advance Auto Parts and CSL Plasma. NOI $728K/yr. $9.1M. 8% cap.

4.   Retail Center in Midland, TX: 19,530 SF well maintained retail center built in 2005 on 1.89 ac lot at a signalized corner location in a fast growing oil/gas town. Major tenants: Advance Auto Parts, Familia Dental and Advance America. 100% leased. NOI $326K/yr. $4.669M. 7% cap.

5.   Multifamily in Clovis, CA: 12,800 SF consisting of sixteen 2-bd/1-ba multifamily complex. Close to California State University and Hwy-168. NOI $176K/yr. $2.75M. 6.40% cap.

6.   Retail Building in Tulare, CA: 62,947 SF inline retail building completed in 1991 on 6.64 ac lot. Shadow anchored by Big K Mart and across from Walmart. Adjacent to Tulare Outlet Mall. 100% NNN leased to Big Lots, Harbor Freight Tools and Dollar Tree. NOI $455K/yr. $7.002M. 6.50% cap.

7.   Burger King in Tonawanda, NY: 3,174 SF Burger King built in 2002 on 1.32 ac lot along major thoroughfare. Across from Boulevard Mall. 20 year NNN lease with 5 years left. NOI $127K/yr with 1% annual rent increases. $1.958M. 6.50% cap.

8.   O’Reilly Auto Parts in Lake Zurich, IL: 6,000 SF well maintained single tenant retail building on .73 ac lot in high income Chicago MSA with an AHI of $152K/yr in a 3 mile radius. Adjacent to Jewel-Osco shopping center. Along Hwy-12 with over 44,000 VPD. 100% NNN- corp lease with 9+ years left. NOI $92K/yr. $1.48M. 6.24% cap.

9.   Office Building in Chico, CA: 5,957 SF multi-tenant office building completed in 2001 on .48 ac lot. Close to Chico Mall and Hwy-99. 100% leased to long term tenants. NOI $97K/yr. $1.57M. 6.18% cap.

10.Neighborhood Center in Evansville, IN: 51,029 SF mature shopping center on over 5 ac corner lot. Major tenants. Dollar General, Goodwill, Rent-A-Center, Save-A-Lot, Dollar Tree and Domino’s Pizza. 100% leased. NOI $291K/yr. $3.243M. 9% 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.

06-04: Buffalo Wild Wings, Advance Auto Parts, UNO Chicago Grill, Executive Buildings, Retail Plazas

1.   Retail Building in Belton, MO: 44,500 SF newly constructed center on 2.5 ac lot in Kansas City MSA. With easy access to I-49. 100% NNN- corp leased to two national tenants; Marshalls and Ross Dress for Less. NOI $345K/yr. $4.93M. 7% cap.

2.   Strip Center in Lincoln, NE: 16,020 SF well maintained strip center at a main retail hub. Adjacent to Gateway Mall. 100% NNN leased to USPS, Lumber Liquidators and Dietze Music with 4 locations. NOI $184K/yr. $2.64M. 7% cap.

3.   Retail Plaza in Sandy, UT: 16,520 SF well kept retail plaza built in 1991 on 1.58 ac lot in fast growing Salt Lake City MSA. 100% NNN leased to eight tenants. NOI $145K/yr. $1.878M. 7.75% cap.

4.   Buffalo Wild Wings in Douglasville, GA: 5444 SF single tenant casual dining & sports bar restaurant completed in 2003 on 1 ac lot in growing middle-class Atlanta suburbs. Near the entrance to 1,176,454 SF Arbor Place Mall. Off of I-20. 100% absolute NNN corp lease. NOI $190K/yr. $2.384M. 8% cap.

5.   Multifamily in Yakima, WA: 26,000 SF consisting of 52 one-bed/one-bath units, as well as a 2-bed/1-bath single family home on 1.22 ac lot. All buildings have brand new roofs. 100% occupied. NOI $181K/yr. $2.495M. 7.26% cap.

6.   Executive Building in Knoxville, TN: 16,156 SF professional office building on 1.24 ac lot along main corridor with over 37,000 CPD. With easy access to I-40. 100% leased to multiple tenants. NOI $109K/yr. $1.25M. 8.75% cap.

7.   Mixed-use in Pembroke Pines, FL: 11,515 SF office/retail center built in 2006 on over 1 ac corner lot in Miami suburbs. 100% NNNN leased with good tenant mix. NOI $105K/yrs. $1.5M. 7% cap.

8.   Advance Auto Parts in Austin, TX: 7,000 SF build-to-suit single tenant retail building completed in 2007 on 1.57 ac lot along busy artery. 100% leased. NOI $142K/yr. $2M. 7.10% cap.

9.   Retail Center in Rocklin, CA: 10,080 SF attractive retail center constructed in 1996 on 1.10 ac lot at a signalized hard corner location. In a fast growing and affluent Sacramento suburbs with an AHI of $102K/yr in a 1 mile ring. 100% leased to seven tenants. Six tenants currently under NNN lease type. NOI $164K/yr. $2.576M, 6.40% cap.

10. UNO Chicago Grill in Norfolk, VA: 7,242 SF restaurant completed in 2006 on 2.40 ac lot. Along Hwy-13 with 45,000 CPD. Across from Military Circle Mall. 100% leased to a national tenant serving Chicago-style pizza along with pasta, steaks and burgers. NOI $120K/yr. $1.5M. 8% cap.            

   

 

About The Properties

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

Below are the most commonly used acronyms:

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

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

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

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

05-01: Multifamily, Retail Centers, Shopping Centers

Press Release

San Jose, CA., April 30, 2018. — Transmercial, a commercial real estate company in San Jose today announced that it is expanding into the residential real estate market in San Jose. “This expansion will make it simpler for investors who want to sell residential rentals and exchange for commercial properties”, David V. Tran, Chief Investment Advisor said. “They will save time by not having to work with 2 real estate firms.” Transmercial will continue to do commercial real estate in all 50 states as it has done in the last 15 years.

About Transmercial

Transmercial is a commercial real estate firm in San Jose, CA since 2013 and does business in 50 states. Its phone is 408-288-5500. The company is known for its free daily email list of 10 best commercial properties in the US that it emails to investors Monday to Friday.

1.   Shopping Center in Evergreen Park, IL: 24,794 SF shopping center renovated in 2008 on 1.76 ac lot. Shadow anchored by Walmart and Sam’s Club. Adjacent to shopping center with meijer, Menards and Ross Dress for Less. 100% NNN leased to Shoe Carnival, Rainbow, Athletico, Weight Watchers and Sally Beauty Supply. NOI $487K/yr. $5.74M. 8.50% cap.

2.   Shopping Center in Santa FE, NM: 52,648 SF L-shaped well maintained shopping center on 6.48 ac lot along major retail corridor with over 48,000 CPD. Across from Smith’s grocery. 88% NNN leased to national, regional and local tenants. NOI $669K/yr. $8.35M. 8% cap.

3.   Shopping Center in Warren, MI: 38,500 SF well kept shopping center on 6 ac lot at a signalized corner location in Detroit suburbs. Across from St. John Macomb-Oakland Hospital. 100% leased. NOI $439K/yr. $5.703M. 7.71% cap.

4.   Retail Center in Lubbock, TX: 30,000 SF retail center built in 2006 on 4.72 ac outparcel to 203,000 SF Walmart Supercenter. 82% NNN leased with good tenant mix including Dollar Tree, GameStop, Sally Beauty and Cottonwood Financial. NOI $439K/yr. $5.86M. 7.5% cap.

5.   Multifamily in Modesto, CA: 10,497 SF consisting of seven 1b/1b seven 2b/1b and one single family residence. Conveniently located close to shopping centers and parks. NOI $90K/yr. $1.5M. 6.04% cap.

6.   Retail Center in Mesa, AZ: 6,500 SF retail center built in 2006 on .68 ac lot at a hard corner location. Across from Food City shopping center. 100% leased to H&R Block, Boost Mobile and Tio Rico Auto Title Loans. NOI $125K/yr. $1.855M. 6.78% 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.

04-05: Advance Auto Parts, DaVita, Starbucks Coffee, Denny’s, Brakes Plus, Shopping Centers

1.   Advance Auto Parts in Jacksonville, FL: 7,000 SF single tenant auto parts center at a corner location. 15 year NNN- lease with 5 years left. NOI $135K/yr. $1.84M. 7.35% cap.

2.   Retail Center in Raleigh, NC: 10,100 SF attractive retail center built in 2007 on .90 ac lot. Across from Walmart Supercenter. 100% leased to six tenants. Five NNN leases. NOI $200K/yr. $2.675M. 7.49% cap.

3.   DaVita in Stockton, CA: 8935 SF DaVita Dialysis Center constructed in 2013 on nearly 1 ac lot in a growing city. 15 year lease with 11+ years left. NNN lease with minimal landlord responsibilities. NOI $263K/yr with 3% annual rent increases. $4.055M. 6.5% cap.

4.   Starbucks Coffee in Carrollton, GA: 2,200 SF newly constructed drive-thru Starbucks Coffee on .50 ac lot in fast growing Atlanta suburbs. Adjacent to Tanner Medical Center. Close to University of West Georgia with over 23,000 students. 10 year NNN- lease with 9.5+ years left. NOI $110K/yr with a 5% rent increase in year 6. $1.835M. 6% cap.

5.   Denny’s in Portage, IN: 5,300 SF well maintained Denny’s restaurant on 1.23 acres lot at a hard corner in Chicago metro. Adjacent to several hotels and close to I-94.100% absolute NNN lease with 10+ years left to an operator with 27 locations. NOI $154K/yr. $2.1M. 7.35% cap.

6.   Office Building in Bakersfield, CA: 8,000 SF Class-B multitenant office building on .54 ac lot. Near Mercy Hospital. 100% leased. NOI $104K/yr. $1.3M. 8% cap.

7.   Retail Center in Fort Myers, FL: 20,000 SF mature retail center on 1.69 ac lot. All units face US-41. 100% leased with excellent tenant mix including Sherwin Williams, Fast Signs & Little Caesars. NOI $280K/yr. $3.5M. 8% cap.

8.   Shopping Center in Olympia, WA: 41,364 SF attractive shopping center renovated in 2006 on 4.66 ac lot along main corridor in growing Tacoma suburbs. 85% leased to twenty successful tenants. NOI $459K/yr. $7.6M. 6.04% cap.

9.   Neighborhood Center in Folsom, CA: 60,095 SF beautiful shopping center completed in 1991 on over 6 ac lot at a signalized intersection in affluent Sacramento suburbs with an AHI of $132K/yr in a 1 mile radius. The only retail center in this prestigious neighborhood. Major tenants: Starbucks Coffee, Canyon Grill, Goodwill, Edward Jones and Fitness 19. 57% NNN leased. Proforma NOI $723K/yr. $6.985M. 10.4% proforma cap.

10.Brakes Plus in Rowlett, TX: 4,125 SF seven bays single tenant auto center built in 1996 on .70 ac lot in growing and high income Dallas suburbs. Close to Hwy-66. Newly extended absolute NNN corp lease till 2028. NOI $102K/yr with 10% rent increases every 5 years. $1.638M. 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.

                                          

03-05: Professional Buildings, MOB’s, Famous Dave’s, Advance Auto Parts, Retail Centers

 

1.   Professional Building in Santa Ana, CA: 13,084 SF Class-B multitenant office building on .52 ac lot in growing Los Angeles suburbs. Part of Brookhallow Business Park, a mixed-use commercial and office complex. Near Hwy-55. 100% leased to four tenants. $4M. NOI/Cap N/A.

2.   Retail Center in Springfield, IL: 18,000 SF well maintained retail center on over 4 ac lot. 100% NNN leased to multiple tenants. NOI $241K/yr. $3.1M. 7.80% cap.

3.   MOB in Hacienda Heights, CA: 11,918 SF two-story multitenant medical office building on .82 ac lot at a signalized corner location in high income Los Angeles suburbs. 58% leased. $3.995M. NOI/Cap N/A.

4.   MOB in Melbourne, FL: 45,523 SF well kept medical office building on 6.61 ac lot anchored by Heath First Medical Group. Along Hwy-1. 97% leased. $6.5M. 6.70% cap.

5.   Famous Dave’s in Hermitage, TN: 5,772 SF BBQ restaurant built in 1998 on 1.46 ac lot in Nashville suburbs. Along major road with over 27,000 CPD. 100% absolute NNN lease with over 10 years left to an experienced 4 unit operator. NOI $205K/yr. with 7% rent increments every 5 years. $2.934M. 7% cap.

6.   Retail Center in San Juan, TX: 18,407 SF retail center built in 2001 on 1.72 ac corner lot in growing McAllen suburbs. With easy access to I-2. Tenants include: Papa John’s, Mariscos Del Mar, Regional Finance, Melrose and an ATM leased to Chase. 100% NNN leased. NOI $216K/yr. $2.707M. 8% cap.

7.   MOB in Phoenix, AZ: 10,037 SF medical office condo building completed in 2006. Close to Banner Estrella Medical Center and Desert Sky Mall. 100% NNN leased to CleanSlate, an Addiction Treatment Center & MomDoc, a state-of-the-art OB\GYN. NOI $174K/yr. $2.25M. 7.75% cap.

8.   Advance Auto Parts in Muncie, IN: 7,000 SF single tenant retail building completed in 1998 on over 1 ac lot at a signalized intersection. 100% NNN- lease with 4+ years left. NOI $78K/yr. $1.04M. 7.50% cap.

9.   Neighborhood Center in Largo, FL: 36,881 SF well maintained shopping center on nearly 2 ac lot in Tampa Bay Area. 85% leased to multiple tenants. $3.2M. NOI/Cap N/A.

10.Retail Center in Gilroy, CA: 12,327 SF mature retail center on over 1 ac lot in growing and high income Silicon Valley with a MHI of $90K/yr. in a 1 mile ring. 100% NNN leased to nine tenants. NOI $194K/yr. $2.985M. 6.50% 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: 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.

02-05: BioMat USA Plasma Center, Jiffy Lube, Medical Buildings, Retail Centers, Neighborhood Centers

1.   Retail Building in Spokane, WA: 17,472 SF retail building completed in 2006 on 1.23 ac lot along major retail corridor. 63% leased to multiple tenants including U.S. HeathWorks and Urgent Care. $1.4M. NOI/Cap N/A.

2.   Plasma Center in Chicago, IL: 18,320 SF completely remodeled retail building on 1.41 ac lot at a signalized corner location. 100% NNN- corp lease till 2027 to BioMat USA. NOI $333K/yr with 2.5% annual rent increases. $4.95M. 6.73% cap.

3.   Retail Center in Plano, TX: 12,498 SF retail center built in 2006 on 1.83 ac lot in growing Dallas suburbs. With easy access and excellent visibility to Hwy-75. Close to East Mall. 86% leased to multiple tenants. NOI $267K/yr. $3.817M. 7% cap.

4.   Neighborhood Center in Hemet, CA: 25,646 SF well kept shopping center anchored by Fallas Discount Store in Riverside County. 100% leased. NOI $87K/yr. $1.2M. 7.25% cap.

5.   Strip Center in Juliet, IL: 14,580 SF L-shaped retail center along major corridor in growing Chicago metro. Close to I-80. 64% NNN leased. NOI $231K/yr. $3.3M. 7% cap.

6.   Retail Building Lake Charles, LA: 4913 SF newly constructed retail building on 1.86 ac lot in a high income area. Adjacent to Kroger shopping center. 100% NNN leased to Starbucks Coffee and Pacific Dental. NOI $182K/yr. $2.846M. 6.40% cap.

7.   Jiffy Lube in Colorado Springs, CO: 1515 SF 3-bay auto center constructed in 1995 on .39 ac lot. At a busy signalized corner location with over 35,000 CPD. 100% NNN- lease with 4 years left. NOI $93K/yr. $1.3M. 7.21% cap.

8.   Retail Center in Woodstock, GA: 17,500 SF attractive retail center built in 1999 on nearly 2 ac lot in fast growing and high income Atlanta MSA. 100% leased to multiple tenants. NOI $225K/yr. $2.82M. 7.98% cap.

9.   Strip Center in Long Beach, CA: 6750 SF strip center renovated in 2011 on .49 ac lot in densely populated Los Angeles area. Adjacent to Food 4 Less. 100% NNN leased to five tenants including 7-Eleven. NOI $215K/yr. $4.109M. 5.25% cap.

10.MOB in Vancouver, WA: 9799 SF multitenant medical office building on nearly 1 ac corner lot. 100% NNN leased with good tenant mix including; Urgent Care, Family Care & Urgent Medical and NW Occupational Medical Center. $1.6M. 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.