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Last updated on Wednesday, September 08, 2010
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We focus on providing quality 1031 exchange replacement properties and traditional
triple net & multi tenant retail, industrial, office, and shopping center
investments nationally.
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BLOCKBUSTER Corp Sale Leaseback
Durham, NC
Bldg Size: 6,400 sq. ft.
Land: .91 acres
Lease Type: Single Tenant NNN
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Price: $576,000
Yield: 10 (CAP)
Expiration Date: 9/30/2020
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Priced Well Below Replacement Cost
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Brand New, Absolute NNN, 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
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BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues $4.6+ Billion in January 2010
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Strategically Located Along N Duke St. (Traffic: 30,000+ Cars/Day) | Adjacent to Hospital & Medical Office Park
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Outparcel to Neighborhood Shopping Center | Tenants Include: Roses, Staples, CitiTrends And Kerr Drug
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Other Tenants in Immediate Area Include: Wal-Mart, Lowe’s, Food Lion And Burlington Coat Factory Among Others
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Approximately 7 Miles North Of Duke University
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Durham is the fifth largest city in the state by population, with 223,284 residents as of July 1, 2008
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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