single tenant sale lease backs and links to other single tenant sale lease back property

single tenant sale lease backs
and links to other
single tenant sale lease back property

Did you know...
single tenant sale lease backs vary based on the Capitalization Rate, which will reflect variations in duration and perceived risks

single tenant sale lease backs # 1106
Single Tenant Sale Lease Back Tenant:     Circuit City

Capitalization Rate (CAP):     9.00%

Asking Price:     $4,555,555

Net Operating Income (NOI):     $410,000

State Located:     IL

Lease Terms:     17 year NNN Bond Lease - 5/5 year options. Lease started August 1994. Rent 6-10 years - $430,000; 11-15 - $451,000. 5% increase every 5 year option 17 year NNN Bond Lease - 5/5 year options. Lease started August 1994. Rent 6-10 years - $430,000; 11-15 - $451,000. 5% increase every 5 year option

Size of Building:     33,342 sq. ft.

Size of Lot:     3.5 acres

Financing Obligations: None

Additional Comments: Property is located in a high traffic commercial area. Circuit City Stores, Inc. is Guarantor and has a 522M Net Worth.

Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the above single tenant sale lease backs and not yet under previous agreement, please request our agreement.

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 sale lease back property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.