single tenant investment grade and links to other single tenant investment grades

single tenant investment grade
and links to other
single tenant investment grades

Did you know...
single tenant investment grade typically, with a lower discount rate will reflect a lower perceived risk

single tenant investment grade property # 1100
Single Tenant Investment Grade Tenant:     Walgreens

Capitalization Rate (CAP):     11.76%

Asking Price:     $2,940,000

Net Operating Income (NOI):     $250,000

State Located:     FL

Lease Terms:     20 years, commenced 12/95, with six 5 year options. Annual rent is $250,000 fixed for entire lease term. Landlord is responsible for roof (15 year warranty), exterior and structural repairs. All other maintenance, taxes and insurance is responsibility of tenant. Percentage Rent: two percent (2%) of gross sales except one percent (1%) on sales of food, beverages and license fees and one-half percent (0.5%) of sales of prescription items. Sales from alchoholic and non-alchoholic beverages, milk and tobacco are not included in gross sales.

Size of Building:     15,525 sq. ft.

Size of Lot:     51,400 sq. ft.

Financing Obligations: Existing financing of $2,000,000, 7.58% with 20 year armortization.

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 investment grade 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 investment grade property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.