Single Tenant Leased Property with higher returns will usually be coupled with a higher risk factor
Single Tenant Leased Property # 1008
Single Tenant Leased Property Tenant:
Winn Dixie Supermarket
Lease: 20 year Single Tenant Lease NNN with 4/5 year options from 8-10-96. Percentage rent of 1% above the natural break.
Size of Building: 47,718 sq. ft.
Size of Lot: 5.2 acres.
Financing Obligations: Yes. Loan must be assumed by Buyer.
Additional Comments: 20 year NNN single tenant lease with 4/5 year options from 8-10-96. Percentage rent of 1% above the natural break. Pre-approved loan at 7% interest for 20 years up to 1.05 debt coverage to be assumed by buyer at 1% fee.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the above Single Tenant Leased 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 Leased Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.