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retail investment properties in excess of 100,000 s.f. today was incomprehensible when compared o the 70's and 80's
retail investment properties property # 1144
Retail Investment Properties: Tenant:
Lowe's Home Center
Capitalization Rate (CAP): 9.10%
Asking Price: $9,249,500
Net Operating Income (NOI): $841,706
State Located: TX
Lease Terms: 20 years NN with 4/5 year options from 5/1/96. Landlord responsible for roof & structure. Reserve of $.15 per sq ft $19,575 reduced from rent of $826,960. Percentage rent 1% above the natural break. Rent increases 5% with each option
Size of Building: 130,500 sq. ft.
Size of Lot: Inquire
Financing Obligations: None
Additional Comments: Lowe's is listed on the NYSE with a S&P A-rating. New worth 1994 in excess of 1.1B
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above retail investment properties 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 retail investment properties property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.