Institutional Real Estate Investment and links to other Institutional Real Estate investments

Institutional Real Estate Investment
and links to other
Institutional Real Estate investments

Did you know...
Owning an institutional real estate investment is like owning gold

Institutional Real Estate Investment Property # 1023
Institutional Real Estate Investment Tenant:     Kmart

Capitalization Rate (CAP):     8.66%

Asking Price:     $5,455,589

Net Operating Income (NOI):     $472,502

State Located:     IL

Lease Terms:     25 years, with commencement of 5-31-93. (10) five year options

Size of Building:     107,086 sq. ft.

Size of Lot:     9.93 acres

Financing Obligations: $5,005,127 annual debt service $472,502, interest rate 7.88%

Additional Comments: Loan maturity 5-31-2018, remaining am. yrs 22.92, prepayment prohibition 12 years, prepayment penalty thereafter 2.50%, no assumption fee

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