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single tenant net sale-leasebacks property # 1047
Single Tenant Net Sale-Leaseback Tenant:
Bank
Capitalization Rate (CAP): 9.00%
Asking Price: $1,705,000
Net Operating Income (NOI): $153,500
State Located: MN
Lease Terms: 15 year NN with 3/5 from 8/1/96
Size of Building: 4,615 sq. ft.
Size of Lot: Inquire
Financing Obligations: None
Additional Comments: Rent increases 10% in year 11. Moody's A3.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above single tenant net sale-leasebacks 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 single tenant net sale-leasebacks property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.