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

Durham, NC
 
Bldg Size: 6,400 sq. ft.
Land: .91 acres
Lease Type: Single Tenant NNN
Price: $576,000
Yield: 10 (CAP)
Expiration Date: 9/30/2020

  • Priced Well Below Replacement Cost
  • Brand New, Absolute NNN, 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 N Duke St. (Traffic: 30,000+ Cars/Day) | Adjacent to Hospital & Medical Office Park
  • Outparcel to Neighborhood Shopping Center | Tenants Include: Roses, Staples, CitiTrends And Kerr Drug
  • Other Tenants in Immediate Area Include: Wal-Mart, Lowe’s, Food Lion And Burlington Coat Factory Among Others
  • Approximately 7 Miles North Of Duke University
  • Durham is the fifth largest city in the state by population, with 223,284 residents as of July 1, 2008

       

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