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.

01-05: Pizza Hut, Dollar General, Family Dollar, KFC, Shopping Center

 

1.   Mixed use Building in Tacoma, WA: 14,011 SF mixed-use 3-story building completed in 2004 near Tacoma Dome. 100% leased to 4 tenants; 3 commercial and 1 residential. NOI $187K/yr. $2.495M. 7.5% cap.

2.    Strip Mall in Bixby, OK: 6578 SF strip center built in 2008 on 1.67 ac lot in growing and affluent Tulsa metro with AHI of $121K/yr in 3 miles ring. 100% NNN leased to 2 regional tenants Jimmy’s Egg and Rex’s Chicken with new leases. Both tenants spent a total of $1.1M in renovation in 2017. NOI $158K/yr. $2.26M. 7% cap.

3.    Office Building in Peachtree City, GA: 13,376 SF multi-tenant office building constructed in 2004 on 1.33 ac lot in high income Atlanta suburbs with AHI of $94K/yr in 1 mile ring. NOI $134K/yr. $1.695M. 7.9% cap.

4.    Pizza Hut in Milwaukee, WI: 1829 SF Pizza Hut restaurant on .36 ac lot. 15 yrs NNN lease with 5 yrs left to Wisconsin Hospitality Group operating 82 Pizza Hut and Applebee’s restaurants. NOI $76K/yr. $1.021M. 7.5% cap.

5.    Dollar General in Springfield, IL: 13,709 SF Dollar General on 1.57 acres lot. Property renovated in 2009. 100% NNN- with 6+ yrs left. NOI $90K/yr. $1.058M. 8.5% cap.

6.    Family Dollar in El Paso, TX: 9180 SF Family Dollar store built in 2004 on .83 acres lot. 100% NNN- till Dec 2022. NOI $71K/yr. $993K. 7.2% cap.

7.    KFC restaurant in Baton Rouge, LA: 3200 SF KFC built in 1994 on .58 acres lot. 100% NNN lease till 2027 to a tenant with 7 locations. NOI $71K with 1.5% annual rent bumps. $1.1M. 6.46% cap.

8.    Shopping Center in Las Vegas, NV: 45,240 SF shopping center built in 1998 on 4.31 acres lot at an intersection of 2 major arteries. Shadow anchored by Smith’s Food & Drug and Walgreens. 87% NNN leased to 16 tenants including: Great Clips, GNC, Metro PCS, H&R Block, and KFC. Current NOI $950K/yr. $13.1M. 7.25% cap. Upside potential when fully leased.

9. Office Building in Las Vegas, NV: 87,095 SF 2-story office building constructed in 2002 on 8.37 acres lot. 96% leased to 4 tenants including Nevada Title (owned by First American Financial Group, S&P BBB-), Centen Corp. (S&P BB+). NOI $1.562M. $21.5M. 7.27% 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.

12-05: Boston’s Restaurant & Sports Bar, CVS Pharmacy, Advance Auto Parts, Medical Buildings

 

1.   Retail Center in Carpentersville, IL: 11,035 SF retail center built in 2007 in high income Chicago MSA. Adjacent to Spring Hill Mall. 100% leased with excellent tenant mix including T-Mobile, SportClips, Panda Express and GameStope. NOI $313K/yr. $4.482M. 7% cap.

2.   MOB in Gurnee, IL: 22,800 SF well maintained medical office building constructed in 1996 on over 2 ac lot in Chicago metro. With easy access to Hwy-41. NNN leased to multiple medical tenants. NOI $350K/yr. $4.25M. 8.24% cap.

3.   Boston’s Restaurant & Sports Bar in Arlington, TX: 8,000 SF restaurant renovated in 1997 along major artery in fast growing DFW metro. On an off/on ramp of Hwy-360. 10 years absolute NNN corp lease with 9+ years left. NOI $148K/yr with a 10% rent bump in year 6. $2.368M. 6.25% cap.

4.   Shopping Center in Queen Creek, AZ: 70,961 SF beautiful shopping center on 10.81 ac lot in Phoenix suburbs. National credit tenant include: LA Fitness, Taco Bell, Dunking Donuts, Jackson Hewitt and Edward Jones. 93% NNN leased. Actual NOI $1.284M/yr. $17.121M. 7.5% actual cap. Upside potential when fully leased. Note: flyer not available, full brochure upon request.

5.   CVS in Mobile, AL: 10,195 SF well kept CVS Pharmacy built in 2000 on 1.44 ac corner lot. 100% NNN lease. $1.615M. 9.25% cap.

6.   Advance Auto Parts in Summerville, SC: 5836 SF single tenant retail building on 1.44 ac lot in growing North Charleston suburbs. Adjacent to Publix shopping center. 100% NNN leased. NOI $92K/yr. $1.187M. 7.75% cap.

7.   MOB in Allen, TX: 3125 SF multitenant upscale medical office building in affluent Dallas suburbs with an MHI of 124K/yr in a 1 mile radius. 100% leased. NOI $75K/yr. $995M. 7.54% cap.

8.   Retail Center in Indianapolis, IN: 10,440 SF well maintained retail center on .79 ac lot. All units face major retail corridor with over 18,000 CPD. Close to a major shopping center with Macy’s, Target and Lowe’s. 100% NN leased. NOI $196K/yr. $2.65M. 7.41% cap.

9.   Shopping Center in Rialto, CA: 25,352 SF well kept retail center on 1.78 ac lot along main artery in San Bernardino County. Major tenants: Family Dollar and Furniture 4 Less. 100% leased. NOI $274K/yr. $4.225M. 6.50% cap.

10.Shopping Center in Carmel, CA: 57,190 SF rare retail center and 5,290 SF self storage on 6.42 ac lot anchored by Safeway, the only grocery & pharmacy in Carmel Valley. Tremendous Barriers to Entry. 97% leased. NOI $706K/yr. $11.965M. 5.9% 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.

11-06: Medical Buildings, Multifamily, Office Buildings, Retail Centers, Shopping Centers

 

1.   Office Building in Norwalk, CT: 40,034 SF Class-B multitenant office building renovated in 2013 in high income New York MSA. 93% leased to multiple medical and professional tenants. NOI $438K/yr. $5.84M. 7.50% cap.

2.   Retail Building in Mesquite, TX: 22,500 SF well maintained built-to-Suit single tenant retail building on over 2 ac lot in fast growing Dallas suburbs. Close to Town East Mall. With excellent frontage visibility from Hwy-635. Tenant has been at this location for 26 years. 100% NNN corp lease with 4+ years left to Office Depot. NOI $247K/yr. $3.415M. 7.25% cap.

3.   Retail Center in Nashville, NC: 12,674 SF attractive retail center on .81 ac lot built in 1996 along busy artery. Adjacent to Hwy-74 and with easy access to I-240. 77% leased. NOI $147K/yr. $2.1M. 7.04% cap.

4.   Neighborhood Center in Redding, CA: 17,419 SF shopping center renovated in 1998 on nearly 9 ac lot. All units face Hwy-273 with 24,000 VPD. 95% leased to 20 tenants including 18,648 SF Rite Aid, Dollar Tree, O’Reilly Auto Parts, North Valley Bank, Subway, Metro PCS, Edward D. Jones & Co. GNC and more. NOI $1.219M/yr. $17.419M. 7% cap.

5.   MOB in Lynwood, CA: 3860 SF medical office building on .36 ac lot in densely populated Los Angeles County. Adjacent to St. Francis Medical Center and close to Plaza Mexico, a 655,000 SF Spanish-style plaza with retail and dinning. 100% leased. NOI $81K/yr. $1.325M. 6.15% cap.

6.   Retail Building in Moreno Valley, CA: 11,401 SF attractive retail building on .52 ac outparcel to Target and Kohl’s shopping center in San Bernardino suburbs. With easy access to Hwy-64. 100% leased. NOI $77K/yr. $1.29M. 6% cap.  

7.   Apartments in Los Angeles, CA: 2752 SF consisting of 1 single, (2) 2 bedroom 1 bath, and (1) 3 bedroom 2 bath recently remodeled apartment units. Each unit contains new stainless steel appliances, granite counter tops, washer dryers, central HVAC units, hardwood floors, copper plumbing and parking. Close to Hwy-101. NOI $87K/yr. $1.45M. 6% cap.

8.   Strip Center in Lake Elsinore, CA: 6101 SF strip center built in 2009 on .92 ac corner lot in Los Angeles suburbs. 100% leased to multiple tenants. NOI $63K/yr. $1.1M. 5.77% cap.

9.   Retail Center in Marietta, GA: 10,498 SF attractive retail center built in 1990 on 1.80 ac lot in fast growing Atlanta MSA. Across from Kroger grocery shopping center. 86% leased. $1.175M. NOI/Cap N/A.

10.Shopping Center in Fort Worth, TX: 50,002 SF well kept shopping center on over 4 ac corner lot with several points of ingress/egress. Close to I-820/30. 72% leased with excellent tenant mix including Eagle Medical Ctr Pa Hurst, Subway, Metro PCS, Family Dental Care, Fidelity National Title among others. NOI $330K/yr. $4.5M. 7.35% cap.        

 

About The Properties

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

Below are the most commonly used acronyms:

·    AHI: 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.