Single Tenant Triple Net Leased Property
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Single Tenant Triple Net Leased Properties
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If all operating expenses are paid by the landlord in Single Tenant Triple Net Leased property, the lease is referred to as a Gross Lease.
Single Tenant Triple Net Leased Property #1070
Single Tenant Triple Net Leased Tenant: Applebee's
Capitalization Rate (CAP): 8.5%
Asking Price: $1,733,000
Net Operating Income (NOI): $147,305
State Located: LA
Lease Terms: Started 5/93, 20 years. 3.5% annual rent increase as of yr. 3.
Size of Building: Inquire
Size of Lot: Inquire
Financing Obligations: None
Additional Comments: Lessee's Net Worth: 5 Million.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the above
Single Tenant Triple Net Leased 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
Single Tenant Triple Net Leased Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.