SINGLE-TENANT INVESTMENT GRADE
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SINGLE-TENANT INVESTMENT GRADE PROPERTIES
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SINGLE-TENANT INVESTMENT GRADE PROPERTY # 1122
Single-Tenant Investment Grade Tenant:
Blockbuster Video
Capitalization Rate (CAP): 9.75%
Asking Price: $950,000
Net Operating Income (NOI): Year 1-5 $92,625, year 6-10 $103,740, year 11-15 (option) $116,189, year 16-20 (option) $130,131, year 21-25 (option) $145,747.
State Located: TX
Lease Terms: 10 year lease, commenced 9/96, with three 5 year options.
Size of Building: 6,500 sq. ft.
Size of Lot: 26,581 sq. ft.
Financing Obligations: None
Additional Comments: Net, Net, Net (landlord responsible for roof and structure. Roof has 15 year 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 SINGLE-TENANT INVESTMENT GRADE 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 INVESTMENT GRADE Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.