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 #1072
Single Tenant Triple Net Leased Tenant: Applebee's
Capitalization Rate (CAP): 8.5%
Asking Price: $1,828,000
Net Operating Income (NOI): $198,338
State Located: LA
Lease Terms: Lease commenced 1/95. 20 year lease. 3.5% annual rent increase as of year 3. Tenants net worth is 6.7 million.
Size of Building: Inquire
Size of Lot: Inquire
Financing Obligations: None
Additional Comments:
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.