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

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SINGLE TENANT SALE LEASE BACKS vary based on the Capitalization Rate, which will reflect variations in duration and perceived risks

SINGLE TENANT SALE LEASE BACKs: PROPERTY # 1107
Single Tenant Sale Lease Back Tenant:     Office Max

Capitalization Rate (CAP):     9.32%

Asking Price:     $2,676,842

Net Operating Income (NOI):     $249,550

State Located:     FL

Lease Terms:     15 years NN with 4/5 year options from 1/20/95. Landlord responsible for roof & structure. Property shares a common wall with 41,000 sq ft Sears/Homelife who does CAM and bills back for term of the lease. Rent year 6-10 @ $264,500; year 11-15 @ $276,000; option 1 @ $287,500; option 2 @ $299,000

Size of Building:     23,000 sq. ft.

Size of Lot:     Inquire

Financing Obligations: None

Additional Comments:

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.