INSTITUTIONAL GRADE TENANT and links to other INSTITUTIONAL GRADE TENANTS

INSTITUTIONAL GRADE TENANT
and links to other
INSTITUTIONAL GRADE TENANTS

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INSTITUTIONAL GRADE TENANT investors will use the discount rate as a tool to measure the annualized rate or unleveraged rate of return an investor expects

INSTITUTIONAL GRADE TENANT PROPERTY # 1166
Institutional Grade Tenant:     Eckerd Drugstore

Capitalization Rate (CAP):     9.10%

Asking Price:     $2,032,967

Net Operating Income (NOI):     Years 1-5, $185,713. Years 6-10 $191,010. Years 11-15 $196,307. Years 16-20 $201,604.

Region Located:     Southern

Lease Terms:     20 years New lease. Four 5-year options with &.50/s.f. increase in each option period.

Size of Building:     10,594 sq. ft.

Size of Lot:     1.062 acres

Financing Obligations: None

Additional Comments: Future Delivery (Anticipated delivery date of 3rd quarter, 1996). Absolute triple net lease with Eckerd responsible for ALL expenses.

Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the above INSTITUTIONAL GRADE TENANT Property 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 INSTITUTIONAL GRADE TENANT Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.