Single Tenant Net Sale-Leasebacks and links to other Single Tenant Net Sale-Leaseback Properties

Single Tenant Net Sale-Leasebacks
and links to other
Single Tenant Net Sale-Leaseback Properties

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Single Tenant Net Sale-Leasebacks are popular institutional investments

Single Tenant Net Sale-Leasebacks: Property # 1046
Single Tenant Net Sale-Leaseback Tenant:     Bank

Capitalization Rate (CAP):     8.48%

Asking Price:     $610,000

Net Operating Income (NOI):     $51,750

State Located:     TX

Lease Terms:     15 years with 2/5 year options from 7/1/96.

Size of Building:     3,500 sq. ft.

Size of Lot:     0.79 acres

Financing Obligations: None

Additional Comments: Land lease. Rent 6-10 @ $57,690 (+11.50%); rent 11-15 @ $64,915 (+12.5%). Property is 175' x 200' and is well located adjacent to major Shopping Center in a prime Commercial/Retail Area. Building on property is a 3,500 sq. ft. retail Banking facility with drive-thru. Price is firm. Buyer to pay Brokers commission which effectively changes starting CAP rate to 8%.

Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the Single Tenant Net Sale-Leaseback Property and not yet under previous agreement, please request our agreement.

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 Net Sale-Leaseback Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.