Transmercial – Commercial Real Estate
1340 Tully Road, Suite 306, San Jose CA 95122-3055
Tel: (408) 288-5500
Fax: (408) 288-5533
[email protected]
Office Hours
M-F 8:30AM - 3:30PM PST
Sat.: by appointment
Our office is in the Tully Business Center on Tully Road. (between Highway 101 and McLaughlin). Click for Map
Sat.: by appointment
Our office is in the Tully Business Center on Tully Road. (between Highway 101 and McLaughlin). Click for Map
10-06: Complete Emergency Care, KFC, KinderCare, Walgreens, CVS, Multifamily
/by Maria1. Walgreens in Mobile, AL: 15,120 SF Walgreens built in 2000 on over 2 ac lot at a signalized corner location in fast growing and high income neighborhood with an AHI of $95K/yr in a 1 mile ring. 100% NNN lease with 2+ years left. NOI $355K/yr. $4.188M. 8.5% cap. NOTE: due to technical problems flyer not available.
2. KinderCare in Andover, MN: 8,606 SF single-tenant day care facility completed in 1997 on 3.86 ac lot in affluent Minneapolis MSA with an AHI of $104K/yr. Recently executed a new 5 yrs absolute NNN corp lease. NOI $145K/yr. $1.818M. 8% cap. NOTE: due to technical problems flyer not available.
3. CVS in Marietta, GA: 10,112 SF well maintained CVS Pharmacy constructed in 1997 on 1.21 ac lot at a hard corner location in growing & upper middle-class Atlanta suburbs. Tenant just exercised their second option. 100% NNN- corp lease with 5+ years left. NOI $213K/yr. $2.945M. 7.25% cap. NOTE: flyer not available, full brochure upon request.
4. Multifamily in Norman, IL: 19,296 SF consisting of twenty-nine well maintained multifamily units. Near Illinois State University and Illinois Wesleyan University. 93% occupied. Actual NOI $98K/yr. $1.4M. 7% actual cap. NOTE: due to technical problems flyer not available
5. KFC in Fairbanks, Alaska: 3313 SF drive-thru single tenant franchised fast food restaurant on .67 ac lot at a signalized corner location. Between Bentley Mall and Hwy-4. This is a sale-leaseback investment. New 20 year absolute NNN lease. NOI $96K/yr. with 8% rent bumps every 5 years. $1.428M. 6.75% cap. NOTE: due to technical problems flyer not available.
6. KFC in Fairbanks, Alaska: 3582 drive-thru fast food franchised restaurant on .84 ac lot along busy corridor. Close to Fairbanks International Airport and Hwy-3. This is a sale-leaseback investment. New 20 years absolute NNN lease. NOI $120K/yr. with 8% rent bumps every 5 years. $1.779M. 6.75% cap. NOTE: due to technical problems flyer not available.
7. Shopping Center in Henderson, NV: 30,054 SF attractive shopping center built in 2002 on 1.86 ac lot along major corridor. Close to Dignity Health St. Rose Dominican Hospital. 78% NNN leased. Actual NOI $408K/yr. $6.792M. 6% actual cap. Tremendous upside when fully leased.
8. Complete Emergency Care in Pueblo, CO: 5,025 SF single tenant medical office building completed in 2004 on .61 ac lot along main thoroughfare. Adjacent to Walmart Supercenter. New 10 year NNN- corp lease with 9+ years left. NOI $95K/yr with a 10% rent increase in year 6. $1.591M. 6% cap. NOTE: due to technical problems flyer not available.
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.
09-06: MOB, Professional Buildings, Retail Plazas, Shopping Centers
/by Maria2. Neighborhood Center in Modesto, CA: 105,711 SF attractive shopping center completed in 2000 on over 9 ac lot along main retail artery. Shadow anchored by Rancho San Miguel Markets (currently subleasing from Raley’s) and Ross Dress For Less. Other major tenants include: Papa Murphy’s, Mountain Mike’s, Sally Beauty Supply, Supercuts, Jackson Hewitt and more. 100% leased. NOI $1.520M/yr. $19M. 8% cap. Buyer to assume $13.2M loan at 4.58% interest rate.
3. Retail Center in Corona, CA: 8112 SF attractive retail center built in 2006 on 1.27 ac lot in Riverside County. At a signalized intersection of a ramp of I-15. 100% NNN leased to four tenants. NOI $216K/yr. $4.32M. 5% cap.
4. Strip Center in Peabody, MA: 24,480 SF well maintained strip center on nearly 1 ac lot in Boston MSA. NNN leased to multiple tenants. $3.2M. NOI/Cap N/A.
5. Retail Building in Dothan, AL: 6,590 SF two-tenant retail building constructed in 2007 on .78 ac lot along main retail corridor. 100% NNN leased to Tuffy Auto Service and Q’ tie Nail Salon. NOI $167K/yr. $2.091M. 8% cap.
6. Retail Center in Orangevale, CA: 21,000 SF well kept retail center on nearly 2 ac lot at a hard corner location in fast growing Sacramento suburbs. Between Walmart Supercenter and WinCo Foods grocery. 72% leased. Actual NOI $197K/yr. $3.15M. 6.27% actual cap. Upside potential when fully leased.
7. Strip Center in Los Angeles, CA: 8672 SF strip center renovated in 2013 at a corner location in a densely populated area with over 1M residents in a 5 mile radius. 100% NNN leased to five tenants. NOI $166K/yr. $3.024M. 5.50% cap.
8. Retail Center in Olive Branch, MS: 11,970 SF retail center built in 2005 on 1.42 ac outparcel to Home Depot in Memphis MSA. Adjacent to Walmart Supercenter. All units face Hwy-78. 100% leased. NOI $160K/yr. $2.146M. 7.50% cap.
9. Retail Plaza in Fort Collins, CO: 69,683 SF consisting of three (ground-leased) pads and an inline retail center in growing and high income Denver metro. Shadow anchored by Walmart Supercenter. 96% leased with excellent tenant mix: Panda Express (ground lease), Fazolis (ground lease), Firestone (ground lease), Great Clips, H&R Block and more. Actual NOI $1.1M/yr. $15.5M. 7.10% cap.
10.Professional Building in Chattanooga, TN: 18,858 SF Class-B multitenant office building. Close to Hamilton Place Mall and I-75. NOI $143K/yr. $1.69M. 8.50% cap.
Transmercial is the only company in the US that offers this list of best properties between $950K to $30M in 50 states. These properties are selected from 300-400 daily listings from many commercial real estate companies, and various other sources. Each property has a brief description and a flyer. Please click here for selection criteria. Underlined names, if any, indicate safe hyperlinks that you can click for more info. For a full marketing brochure, please reply and specify the property number. Transmercial will guide you thru the whole acquisition process if needed. It will track all the issues via the “Due Diligence Summary” report until they are all resolved prior to closing.
Below are the most commonly used acronyms:
· AHI: 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.
08-04: Apartments, Retail Center, Golf Galaxy, Retail Plaza, Office Buildings
/by Maria2. Apartments in Los Angeles, CA: 5952 SF consisting of eight multifamily building in densely populated area with over 1M residents in a 5 mile radius. NOI $96K/yr. $1.5M. 6.44% cap.
3. Retail Center in Miamisburg, OH: 12,538 SF beautiful retail center built in 2002 on 1.51 ac lot in growing and upper middle class neighborhood. 89% NNN leased to Scrambler Marie’s, Galaxy Nail, Charles Schwab, Namaste India and Subway. Actual NOI $205K/yr. $2.7M. 7.63% actual cap. Upside potential.
4. Retail Center in Evergreen Park, IL: 24.797 SF well maintained retail center constructed in 1993 on nearly 2 ac outparcel to Walmart and Sam’s Club in Chicago suburbs. Close to Little Company of Mary Hospital. 100% NNN leased to Shoe Carnival, Rainbow, Sally Beauty Supply, Weight Watchers and Athletico. NOI $471K/yr. NOI/Cap N/A.
5. Retail Center in South El Monte, CA: 17,173 SF attractive retail center built in 1991 on .80 ac lot along major artery in Los Angeles County. $3.99M. NOI/Cap N/A.
6. Shopping Center in Brentwood, CA: 30,439 SF eye-catching shopping center completed in 2007 on over 13 ac corner lot in Contra Costa County. Shadow anchored by CVS Pharmacy and Dollar Tree. 85% leased. Actual NOI $624K/yr. $10.4M. 6% cap.
7. Golf Galaxy in Charlotte, NC: 15,240 SF single-tenant retail building constructed in 2007 on over 1 ac lot part of a major shopping center. Close to Northlake Mall and I-77. 100% NNN lease to a strong operator with 95 locations. NOI $276K/yr. $3.455M. 8% cap.
8. Retail Plaza in New Lenox, IL: 36,839 SF attractive retail plaza completed in 2007 in high income Chicago MSA with an AHI of $105K/yr. Shadow anchored by Berkot’s Super Foods with 15 locations. 85% NNN leased. NOI $429K/yr. $4.785M. 8.98% actual cap. Upside potential.
9. Office Building in Saint Louis, MO: 25,000 SF Class-B recently renovated office building on 1.77 ac corner lot. Close to I-270. 100% leased to multiple tenants. NOI $202K/yr. $2.202M. 9.20% 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.
07-14: KinderCare, Rehabilitation Center, Industrial Park, Dollar General, MOB, Caliber Collision
/by Maria1. Strip Center in Victorville, CA: 6429 SF attractive retail center on .89 ac lot in growing San Bernardino County. Adjacent to Rite Aid Pharmacy. 84% NNN leased to Dental Office, BBQ Restaurant, Nail Salon & Martial Art Studio. Actual NOI $112K/yr. $1.78M. 6.30% actual cap. Upside potential when fully leased.
2. Retail Center in Topeka, KS: 12,241 SF retail center built in 1992 on over 1 ac outparcel to Walmart Supercenter and Sam’s Club. 100% NNN leased to Panera Bread and Jose Pepper’s Mexican Restaurant. NOI $167K/yr. $2.584M. 6.50% cap.
3. KinderCare in Mayfield Heights, OH: 7492 SF well maintained single-tenant day care facility on 1.30 ac lot in upper middle-class Cleveland suburbs. Adjacent to several corp buildings. Tenant has been at this location for 19 yrs. Recently extended absolute NNN lease with 5 yrs left. NOI $161K/yr. $2.156M. 7.50% cap.
4. The Woods at Parkside in Columbus, OH: 26,372 SF three-story single-tenant rehabilitation facility on 6.84 ac lot in growing and upper middle-class neighborhood. 100% NNN leased to The Woods at Parkside, treating problems with chemical dependency, alcohol abuse, mood disorders and mental diseases. NOI $432K/yr with 1% annual rent increases. $4.5M. 9.60% cap.
5. Industrial Park in Fremont, CA: 166,758 SF consisting of three buildings on 9.80 ac lot in high income Silicon Valley with an AHI of $134K/yr. Close to I-680/880. 87% NNN leased to two tenants including Hewlett Packard Enterprise. 7% cap. NOI/Price N/A.
6. Retail Center in Algonquin, IL: 8900 SF retail center built in 2007 on over1 ac lot in high income (AHI %119K/yr) Chicago suburbs. 64% leased to Edward Jones, Chiropractor and Dentist. Actual NOI $88K/yr. $1.1M. 8% actual cap. Upside potential.
7. Dollar General in Barstow, CA: 9000 SF Dollar General built in 2013 on 1.16 ac lot along main artery in growing San Bernardino County. 100% absolute NNN corp lease with 11 yrs left. NOI $141K/yr. $2.315M. 6.10% cap.
8. Shopping Center in Round Rock, TX: 64,084 SF shopping center constructed in 2005 on 7.66 ac lot anchored by Big Lots in Austin suburbs. Other major tenants: Reavis Rehab & Wellness Center, Carousel Pediatrics and Papa John’s Pizza. Close to I-35. 91% NNN leased. Actual NOI $848K/yr. $9.636M. 8.81% cap.
9. MOB in Hurst, TX: 12,230 SF Class-B medical office building on over 1 ac lot in high income Ft Worth/Dallas MSA. 100% NNN leased to multiple tenants including; DFW Laser Lipo, Aztec Medical Research and Cimarron Professional Dental Group. Near Walmart Supercenter. NOI $211K/yr. $2.392M. 8.85% cap.
10. Caliber Collision in Lancaster, CA: 18,642 SF recently renovated auto body shop on 1.33 ac lot in growing middle-class area. 10 yrs NNN corp lease. NOI $146K/yr with 2% annual rent bumps. $2.4M. 6.12% 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:
06-15: Northern Tools, Wendy’s, Neighborhood Centers, Strip Centers, Shopping Centers, Retail Centers
/by Maria2. Northern Tool in Tarpon Springs, FL: 25,461 SF single tenant retail building completed in 2008 on 2.46 ac lot in Tampa suburbs. Along US Hwy-19. 15 yrs NNN lease with 6 yrs left to a strong operator with over 90 stores. NOI $299K/yr with 5% rent increases every 5 yrs. $3.988M. 7.50% cap.
3. Neighborhood Center in Orland Park, IL: 59,835 SF well maintained shopping center on 4.80 ac lot along busy corridor in Chicago suburbs. 89% leased to Savers, Surface Solutions, Art & company and Space Golf. Actual NOI $427K/yr. $4.75M. 9% cap.
4. Wendy’s in Milwaukee, WI: 2816 SF well kept single-tenant fast food restaurant on .83 ac outparcel to Dollar Tree shopping center. 100% lease with 4 yrs left to a strong franchisee with over 250 units. NOI $103K/yr. $1.333M. 7.80% cap.
5. MOB in Newport News, VA: 12,971 SF Class-B single-tenant medical office building constructed in 2006 on 1.31 ac lot in Norfolk MSA. 100% leased to Riverside Surgical Specialists. NOI $266K/yr. $3.8M. 7% cap.
6. Strip Center in Buford, GA: 8960 SF strip center on .80 ac lot along busy corridor in growing Atlanta suburbs. 100% leased to three tenants. NOI $93K/yr. $1.038M. 9% cap.
7. Shopping Center in Poughkeepsie, NY: 25,195 SF well maintained shopping center on 5.13 ac corner lot in affluent New York MSA with an AHI of $109K/yr in a 1 mile radius. 95% leased. Actual NOI $286K/yr. $3.95M. 7.24% actual cap. Upside potential when fully leased.
8. Retail Center in Clermont, FL: 9740 SF retail center built in 2003 in growing Orlando suburbs. All units face major corridor. 100% leased to local tenants. NOI $131K/yr. $1.545M. 8.50% cap.
9. Strip Center in Carol Stream, IL: 7889 SF attractive strip center built in 2008 on over 1 ac lot in growing and upper middle-class Chicago suburbs. 100% NNN leased to four tenants. NOI $173K/yr. $2.276M. 7.60% cap.
10. Retail Center in Memphis, TN: 18,000 SF well kept retail center on 2.31 ac lot along main thoroughfare. With easy access to Hwy-385. 100% leased with excellent tenant mix including, Sprint, Metro PCS, Barber, Asian Market and more. NOI $107K/yr. $1.071M. 10% 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:
05-15: Industrial, Carrington Academy, Walgreens, Retail Centers, Medical Office Buildings
/by Maria2. Carrington Academy in Alpharetta, GA: 12,421 SF single-tenant childhood education center built in 2007 on 1.69 ac lot in fast growing and affluent (AHI $127K/yr in a 3 mile ring) Atlanta suburbs. 15 yrs absolute NNN corp lease with 11yrs left. NOI $257K/yr. $3.673M. 7% cap.
3. Retail Building in Indianapolis, IN: 8,250 SF attractive retail building constructed in 2000 on 1.35 ac outparcel to Lowe’s. Adjacent to Walmart Neighborhood Market and with easy access to I-465/74. 100% leased to four tenants. NOI $87K/yr. $1.06M. 8.26% cap.
4. Walgreens in Meridian, ID: 15,120 SF drive-thru pharmacy at a signalized corner location in growing upper middle-class Boise suburbs. With good ingress/egress. Across from Fred Meyer grocery. 100% NNN leased with 3 yrs left. NOI $399K/yr. $4.987M. 8% cap.
5. Shopping Center in Missouri City, TX: 53,925 SF shopping center built in 1994 on 5 ac corner lot in affluent Houston MSA with an AHI of $128K/yr in a 1 mile ring. 94% leased with excellent tenant mix. Actual NOI $841K/yr. $11M. 7.65% actual cap. Upside potential when fully leased.
6. Retail Center in Aurora, CO: 6200 SF attractive retail center built in 2003 on .78 ac lot in affluent Denver metro. Shadow anchored by Safeway and Home Depot. Adjacent to Southland Town Center, a regional shopping mall with 16 anchor tenants. 100% NNN leased to Premier Martial Arts and CrossFit Southlands. NOI $136K/yr. $1.85M. 7.37% cap.
7. Shopping Center in El Centro, CA: 62,386 SF well kept shopping center on over 5 ac lot. Shadow anchored by Cardenas Supermarket. Adjacent to Costco. 90% leased with mostly NNN leases. Actual NOI $654K/yr. $8.9M. 7.35% actual cap. Upside potential when fully leased.
8. MOB in San Antonio, TX: 12,743 SF attractive multitenant medical office building. Adjacent to Methodist Hospital and close to University Hospital & St. Luke’s Baptist Hospital. 100% NNN leased. NOI $218K/yr. $3M. 7.28% cap.
9. Retail Center in West Palm Beach, FL: 20,664 SF retail center on 1.72 ac lot along major corridor. 100% leased. NOI $275K/yr. $3.799M. 7.25% cap.
10. Industrial in Sarasota, FL: 12,300 SF industrial building in growing and upper middle-class area. 100% leased to Sturdy Built Trailers, a family owned business since 1989. NOI $89K/yr. $1.35M 6.60% 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:
05-01: Industrial Buildings, FATZ Cafe, Professional Buildings, Shopping Centers
/by Maria2. Industrial in Tucson, AZ: 40,925 SF attractive industrial building on 2.78 ac lot along busy corridor. Close to I-10. 100% leased to multiple tenants. NOI $270K/yr. $3.2M. 8.45% cap.
3. Industrial in De Pere, WI: 75,600 SF Class-A single-tenant industrial building constructed in 2000 on 6.30 ac lot in growing and upper middle-class Green Bay suburbs. Close to I-41. New 7 yrs NNN lease to a local metal fabricator. NOI $360K/yr with 2% annual rent increases. $4.5M. 8% cap.
4. Shopping Center in San Antonio, TX: 32,923 SF eye-catching shopping center built in 2007 on 2.85 ac lot at a hard corner location in a fast growing and high income (AHI $85K8/yr) neighborhood. Visible and on an off/on ramp of Hwy-1604. NOI $642K/yr. $8.3M. 7.74% cap.
5. FATZ Cafe in Lexington, SC: 5750 SF remodeled restaurant on 1.5 ac lot along main thoroughfare in Columbia suburbs. 20 yrs NNN lease with 6 yrs left to an operator with 45 units. NOI $162K/yr with rent increases. $2.16M. 7.50% cap.
6. Strip Center in Yuba City, CA: 10,835 SF attractive retail center on 1 ac lot along busy corridor. 100% leased with good tenant mix including; nail salon, restaurant, dentist, fitness center, dry cleaners and ice cream shop. NOI $205K/yr. $2.901M. 7.10% cap.
7. Professional Building in Cedar Park, TX: 19,970 SF Class-B multitenant office building completed in 2007 on 2 ac lot in fast growing and high income San Antonio MSA with an AHI of $94K/yr in a 1 mile ring. 100% NNN leased. NOI $129K/yr. $1.85M. 7.01% cap.
8. Office Building in Southlake, TX: 6406 SF Class-A office building completed in 2005 on .78 ac lot in prosperous (AHI $188K/yr) Ft. Worth/Dallas suburbs. Close to Methodist Southlake Hospital and Children’s Medical Center. With easy access to Hwy-114. NOI $125K/yr. $1.799M. 7% cap.
9. Shopping Center in Vallejo, CA: 30,782 SF mature retail center on nearly 3 ac lot in San Francisco Bay area. Anchored by 99 Cents Only Store. Close to Kaiser Permanente Medical Center. 100% leased to three tenants. NOI $381K/yr. $5.656M. 6.75% cap.
10. Retail Center in Lynwood, CA: 11,240 SF well maintained retail center on .90 ac lot in densely populated Los Angeles County. Close to 384-bed St. Francis Medical Center. 100% leased to six tenants. NOI $208K/yr. $3.28M. 6.35% 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:
04-11: Industrial, Tire Plus, Sateline Health, CVS, Walgreens, Prof. Building
/by Maria1. Tire Plus in Carmel, IN: 6600 SF auto center built in 2002 on .43 ac lot along busy corridor in growing and affluent (AHI $119K/yr in a 3 mile ring) Indianapolis MSA. 100% absolute NNN corp lease with over 6 yrs left. NOI $189K/yr. $2.53M. 7.50% cap.
2. Retail Center in Saint Petersburg, FL: 19,400 SF well maintained retail center on 1.53 ac lot. Next to Walgreens and close to Walmart Supercenter. 100% NNN leased. NOI $355K/yr. $4.9M. 7.25% cap.
3. Industrial in Canton, MA: 100,000 SF well kept masonry industrial building on over 8 ac lot in high income Boston suburbs with an AHI of $102K/yr in a 3 mile ring. 60% NNN leased. Actual NOI $750K/yr. $10M. 7.50% actual cap. Upside potential.
4. Satellite Healthcare in Folsom, CA: 11,133 SF single-tenant retail building completed in 2007 in fast growing and affluent Sacramento suburbs. New 10 yrs NNN corp lease. NOI $228K/yr with 10% rent increases every 5 yrs. $4.581M. 5% cap.
5. Shopping Center in Englishtown, NJ: 58,080 SF attractive shopping center built in 1993 on 7.40 ac lot in prosperous New Your metro with an AHI of $142K/yr in a 3 mile radius. Along Hwy-9. 90% leased with good tenant mix including, Planet Fitness, Advance Auto Parts & My First Dentist. NOI $1.132M/yr. $14.9M. 7.60% cap.
6. Professional Building in Lafayette, LA: 46,360 SF Class-B multitenant professional building on 2.79 ac lot in a high income area. Close to Lafayette General Medical Center. 88% leased to professional and medical tenants. NOI $486K/yr. $4.867M. 10% cap.
7. CVS Pharmacy in Rocklin, CA: 22,965 SF CVS Pharmacy completed in 2002 on 2.60 ac lot in Sacramento suburbs. 100% NNN lease with 7 yrs left. NOI $ 392K/yr with a 5% rent bump in 2018. $5.904M. 6.65% cap.
8. Shopping Center in Pinellas Park, FL: 23,235 SF retail center on 2.64 ac lot along busy corridor in Tampa suburbs. 94% leased to eleven local tenants. NOI $241K/yr. Price reduced from $3.1M to $2.9M. 8.30% cap.
9. Walgreens in McDonough, GA: 15,120 SF drug-store completed in 2001 on nearly 2 ac lot in fast growing Atlanta metro. 100% NNN- corp lease with 5 yrs left. NOI $347K/yr. $4.43M, 7.85% cap.
10. Shopping Center in Helotes, TX: 60,748 SF attractive shopping center built in 1999 in fast growing (119% pop growth since 2000) and high income (AHI %96K/yr) San Antonio suburbs. Close to Hwy-1604. 100% NNN leased to three tenants. NOI $786K/yr. $9.255M. 8.50% 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:
03-10: World Buffet, Apartments, MedExpress, Retail Centers, Shopping Centers
/by MariaBelow are the most commonly used acronyms:
02-21: Walgreens, Shopping Centers, Retail Centers, Strip Centers
/by MariaBelow are the most commonly used acronyms: