Standard & Poors AAA Rating Property and links to other Properties with Standard & Poors AAA Ratings

Standard & Poors AAA Rating Property
and links to other
Properties with Standard & Poors AAA Ratings

Did you know...
Standard & Poors AAA Rating Property will assure a credit tenant, but be prepared for a lower return in exchange for this lower risk

Standard & Poors AAA Rating Property and links to other Properties with Standard & Poors AAA Ratings

Standard & Poors AAA Rating Property # 1152

Standard & Poors AAA Rating Property Tenant:     Sherwin Williams

Capitalization Rate (CAP):     9%

Asking Price:     $618,888

Net Operating Income (NOI):     $55,700 year 1-10, $58,500 year 11-15 (option), $64,350 year 16-20 (option), $70,800 year 21-25 (option), $77,900 year 26-30 (option).

State Located:     MI

Lease Terms:     10 year primary term, commenced 1/1/96, with four 5 year options.

Size of Building:     5,000 sq. ft.

Size of Lot:     1.7 acres

Financing Obligations: None

Additional Comments: NNN - Landlord pays 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 Standard & Poors AAA Rating Property and not yet under previous agreement, please request our agreement.

Standard & Poors AAA Rating Property and links to other Properties with Standard & Poors AAA Ratings

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Standard & Poors AAA Rating Property and links to other Properties with Standard & Poors AAA Ratings

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 Standard & Poors AAA Rating Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.