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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
Rocky Mount (Raleigh), NC
Bldg Size: 6,400 sq. ft.
Land:
Lease Type: Single Tenant NNN
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Price: $569,000
Yield: 9 (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 at Sunset Ave. (Business Route 64) & Wesleyan Ave. (Hwy. 301) | Traffic: 38,000+ Cars/Day
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Outparcel to Neighborhood Shopping Center | Tenants Include: Office Depot & Save A Lot Grocery Store
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Anchor Tenants in Immediate Area Include: Wal-Mart, Sam’s Club, Home Depot, Lowe’s, Target, Kmart, Food Lion
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Premiere Retail Destination of North Eastern North Carolina - 300,000+ Residents Within 40-Mile Radius
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Average HH Income (1-Mile Radius): $73,498 2009 US Census
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North Carolina is the 2nd Largest Banking Hub Behind New York | 7 Financial Institutions Office in Rocky Mount
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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