national commercial real estate and links to other national commercial real estate properties

national commercial real estate
and links to other
national commercial real estate properties

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national commercial real estate is our specialty, with Canada as perhaps the only exception

national commercial real estate property # 1067
National Commercial Real Estate Tenant:     Kash N' Karry

Capitalization Rate (CAP):     9.25%

Asking Price:     $3,405,000

Net Operating Income (NOI):     $314,947

State Located:     FL

Lease Terms:     25 years (plus 5 5-year options)

Size of Building:     43,441 sq. ft.

Size of Lot:     4.8 acres

Financing Obligations: None

Additional Comments: Lease Expiration: January 31, 2021. Initial rent per sq. ft. is $7.25 per sq. ft. annually. Annual rent schedule is as follows: $314,947 (yr. 1-5), $333,844 (yr. 6-10), $353,875 (yr. 11-15), $375,108 (yr. 16-20), $397,615 (yr. 21-25). Option period rent: 6% increase over prior 5 years. 1995 sales: $12,084,000 ($278 per sq. ft.). Tenant pays full expenses. Absolute bond net lease. NO landlord responsibilities.

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