INVESTMENT-GRADE SINGLE TENANT
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INVESTMENT-GRADE SINGLE TENANT Blockbuster leases with Viacom signatutes should continue to maintain the guaranty
INVESTMENT-GRADE SINGLE TENANT PROPERTY # 1098
Investment-Grade Single Tenant:
Blockbuster Video
Capitalization Rate (CAP): 10.81%
Asking Price: $1,004,162.50
Net Operating Income (NOI): Year 1-5, $92,885. Year 6-10, $102,174. Year 11-15 (option) $117,507. Year 16-20 (option) $135,148. Year 21-25 (option) $155,405. Year 26-30 (option) $178,727.
State Located: LA
Lease Terms: 10 year primary lease, commenced 7/96, with four 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 37,164 sq. ft.
Financing Obligations: None
Additional Comments: NNN - landlord responsible for roof and structure. Roof has 15 year warranty for material and labor. Located on a main thoroughfare and in close proximity to all major national users serving this area
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.