Last updated on Wednesday, September 08, 2010
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BLOCKBUSTER Corp Sale Leaseback

Gastonia (Charlotte), NC
 
Bldg Size: 6,400 sq. ft.
Land: .87 acres
Lease Type: Single Tenant NNN
Price: $924,500
Yield: 9 (CAP)
Expiration Date: 9/30/2020

  • Priced Well Below Replacement Cost
  • Brand New 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
  • BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues $4.6+ Billion in January 2010
  • Strategically Located on E Franklin Blvd. (ADT: 35,000+ Cars) off I-85 (ADT: 102,000+ Cars) in Thriving Retail Corridor
  • A New Super Target Is Being Constructed Directly West of the Property
  • Anchor Tenants in Immediate Area: Wal-Mart, Lowes, Sam’s Club, Home Depot, JC Penny, Belk, Kohl's, Petsmart,
  • Kmart, Sports Authority, Old Navy, Sears, Dillard’s, Toys R Us, Office Depot
  • Gastonia Is a Suburb of Charlotte Which is Less Than 20 Miles to the East

       

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