1031 TAX DEFERRED EXCHANGE PROPERTY
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1031 TAX DEFERRED EXCHANGES
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1031 TAX DEFERRED EXCHANGE PROPERTY # 1160
1031 Tax Deferred Exchange Property Tenant:
Blockbuster Video
Capitalization Rate (CAP): 9.25%
Asking Price: $1,004,163
Net Operating Income (NOI): Year 1-5 $92,885, year 6-10 $102,174, year 11-15 (option) $117,507, year 16-20 (option) $135,148, year 21-25 (option) $155,405, year 26-30 $178,727.
State Located: LA
Lease Terms: 10 year lease, commenced 7/96, with four 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 37,164 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. Located on a main thoroughfare and is in close proximity to all the major national users serving this area.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above 1031 TAX DEFERRED EXCHANGE 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 1031 TAX DEFERRED EXCHANGE Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.