institutional grade tenant and links to other institutional grade tenants

institutional grade tenant
and links to other
institutional grade tenants

Did you know...
institutional grade tenant investors will use the discount rate as a tool to measure the annualized rate or unleveraged rate of return an investor expects

institutional grade tenant property # 1165
Institutional Grade Tenant:     Mattress Giant

Capitalization Rate (CAP):     10%

Asking Price:     $856,880

Net Operating Income (NOI):     $85,688 year 1-5, $88,208 year 6-10, $90,728 year 11-15.

State Located:     TX

Lease Terms:     15 year lease with 2 five year options. Commenced 8/96.

Size of Building:     5,040 sq. ft.

Size of Lot:     25,000 sq. ft.

Financing Obligations: None

Additional Comments: NNN - Landlord responsible for roof and structure. Roof has 10 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 institutional grade tenant 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 institutional grade tenant property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.