Single Tenant Triple-Net Leased
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Single Tenant Triple-Net Leased Properties
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If all operating expenses (except, possilbly, for management fees) are paid by the tenant in Single Tenant Triple-Net Leased property, the lease is referred to as an Absolute Net Lease.
Single Tenant Triple-Net Leased Property #1073
Single Tenant Triple-Net Leased Tenant:
Applebee's
Capitalization Rate (CAP): 8.5%
Asking Price: $1,725,000
Net Operating Income (NOI): $146,625
State Located: TX
Lease Terms: Lease commenced 12/94, 20 years. Rent increases of 8% every 3 years.
Size of Building: Inquire
Size of Lot: Inquire
Financing Obligations: None
Additional Comments: Tenants net worth: 6.9 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.