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

New Bern, NC
 
Bldg Size: 6,080 sq. ft.
Land: .91 acres
Lease Type: Single Tenant NNN
Price: $896,000
Yield: 9.5 (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 Along MLK Jr. Blvd. & Hwy. 70| Traffic: 63,000+ Cars / Day
  • Pad Site To Wal-Mart Supercenter Anchored Shopping Center
  • Directly Across from the 361,000+ SF Twin Rivers Mall Anchored By J.C. Penney And Belk
  • Other Tenants In the Immediate Area Include Lowes, Target, Food Lion and Staples
  • New Bern, NC is the Premier Shopping Destination for Residents in a 5 County Radius - 133,000+ People

       

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