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

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

       

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