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 are evaluated often using the internal rate of return (IRR), the discount rate, which isolates perceived risk

Single Tenant Sale Lease-Backs: Property # 1108
Single Tenant Sale Lease-Back Tenant:     Lowe's Home Center

Capitalization Rate (CAP):     9.23%

Asking Price:     $7,850,000

Net Operating Income (NOI):     $724,202

State Located:     NC

Lease Terms:     20 years NN with 6/5 year options from 2/96. Landlord responsible for roof & structure. Warranty 15 year - Firestone. Reserve of $.10 per ft. deductible from rent. Expansion potential 13,000 sq ft. Rent increases 10% every 10 years during the option periods

Size of Building:     101,287 sq. ft.

Size of Lot:     14 acres

Financing Obligations: None

Additional Comments: Wal-Mart, K-Mart, Goody', Belk, JC Penny, etc. in the immediate area. Lowe's Net Worth: $3.1B

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-Back 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 Single Tenant Sale Lease-Back Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.