INVESTMENT GRADE REAL ESTATE and links to other INVESTMENT GRADE REAL ESTATE PROPERTIES

INVESTMENT GRADE REAL ESTATE
and links to other
INVESTMENT GRADE REAL ESTATE PROPERTIES

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INVESTMENT GRADE REAL ESTATE will place heavy emphasis on the CAP, which reflects expectations for income growth.

INVESTMENT GRADE REAL ESTATE PROPERTY # 1139
Investment Grade Real Estate Tenant:     Walgreens

Capitalization Rate (CAP):     9%

Asking Price:     $2,675,000

Net Operating Income (NOI):     $240,000 fixed annual rental for entire lease term.

State Located:     TX

Lease Terms:     60 years, commenced 10/96, with right to cancel after 20th year and on each five year anniversary thereafter.

Size of Building:     13,905 sq. ft.

Size of Lot:     68,309 sq. ft.

Financing Obligations: None

Additional Comments: Landlord is responsible for roof (15 year warranty), exterior and structural repairs. All other maintenance, taxes, and insurance is responsibility of tenant. Percentage rent of 2% of gross sales, except 1% on sales of food, beverages, and license fees and one-hale percent of sales of prescription items. Sales from alchohol and non-alchoholic beverages, milk, and tobacco are not included in gross sales.

Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested in the above INVESTMENT GRADE REAL ESTATE 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 INVESTMENT GRADE REAL ESTATE Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.