Single-Tenant Investment Grade
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Single-Tenant Investment Grade Properties
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Single-Tenant Investment Grade Property # 1121
Single-Tenant Investment Grade Tenant:
Blockbuster Video
Capitalization Rate (CAP): 9.5%
Asking Price: $905,894.73
Net Operating Income (NOI): Year 1-5 $86,060, year 6-10 $98,969, year 11-15 (option) $113,814, year 16-20 (option) $130,887, year 21-25 (option) $150,519.
State Located: TX
Lease Terms: 10 year lease, commenced 7/96, with three 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 30,000 sq. ft.
Financing Obligations: None
Additional Comments: Net, Net, Net (landlord responsible for roof and structure. Roof has 15 year warranty for material and labor.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above Single-Tenant Investment Grade Property and not yet under previous agreement, please request our agreement.
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Information contained herein has been obtained from sources that are deemed reliable. We have no reason to doubt the accuracy, however we do not guaranty it.
This Single-Tenant Investment Grade Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.