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single-tenant net leased properties: property # 1029
Single-Tenant Net Leased Property Tenant:
Circuit City
Capitalization Rate (CAP): 8.56%
Asking Price: $2,887,156
Net Operating Income (NOI): $247,250
State Located: VA
Lease Terms: 22 years, with commencement date of 7-1-95. Renewal options: (2) ten year options. Escalations: 10% at each option
Size of Building: 19,010 sq. ft.
Size of Lot: 2.24 acres
Financing Obligations: None
Additional Comments:
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above single-tenant 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 net leased property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.