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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
Lumberton, NC
Bldg Size: 6,400 sq. ft.
Land: 1.10 acres
Lease Type: Single Tenant NNN
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Price: $539,000
Yield: 9.5 (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 Fayetteville Rd (ADT: 27,000 Cars/Day) Next to Lumberton High School (2,170+ Students)
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Anchored by 82,000+ SF Twin Oaks Plaza Shopping Center; Tenants Include Sears and Tractor Supply.
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Other Retailers in the Neighborhood Include Kmart, Belk, Walgreens, CVS, Rite Aid, Papa John’s, McDonald’s, BK
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Smithfield is Less Than 30-Miles Southeast of Raleigh, North Carolina
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Raleigh-Durham-Cary CSA: Fastest Growing Region in US - Over $1.7 Million People 2009 Census
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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