1033 Tax Deferred Exchange Property
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1033 Tax Deferred Exchanges
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1033 Tax Deferred Exchange Property # 1161
1033 Tax Deferred Exchange Tenant:
Blockbuster Video
Capitalization Rate (CAP): 10%
Asking Price: $1,249,130
Net Operating Income (NOI): Blockbuster Store: Year 1-5 $89,375, year 6-10 $98,313, Regional Office: year 1 $35,538, year 2 $39,092.
State Located: OK
Lease Terms: 10 year lease with four 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 37,936 sq. ft.
Financing Obligations: None
Additional Comments: Modified Absolute Lease. (landlord responsible for roof and structure. Roof has 15 year warranty for material and labor. Other national tenants and businesses located adjacent include Home Land Grocery, Radio Shack, Auto Zone (under construction), Eckerd Drugs, Bank of Oklahoma, Pizza Hut, Circle K, Dairy Queen, and Taco Bueno.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above 1033 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 1033 Tax Deferred Exchange Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.