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investment-grade single tenant Blockbuster leases with Viacom signatutes should continue to maintain the guaranty
investment-grade single tenant property # 1097
Investment-Grade Single Tenant:
Blockbuster Video
Capitalization Rate (CAP): 10.53+
Asking Price: $1,068,736.8
Net Operating Income (NOI): Years 1-5, $101,530. Years 6-10, $111,683. Option (yr 11-15) $122,851.30, Option (yr 16-20) $235,136.43, Option (yr 21-25) $148,650.07.
State Located: TX
Lease Terms: 10 year primary term commenced 6/1/96, with three 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 34,000 sq. ft.
Financing Obligations: None
Additional Comments: NNN (landlord responsible for roof and structure. roof has 10 years 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 investment-grade single tenant 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 investment-grade single tenant property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.