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

Alexandria, LA
 
Bldg Size: 6,400 sq. ft.
Land: .96 acres
Lease Type: Single Tenant NNN
Price: $960,000
Yield: 11 (CAP)
Expiration Date: 9/30/2020

  • Priced 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 Jacksons St. (Traffic: 27,000+ Cars/Day)
  • Outparcel to Neighborhood Shopping Center | Tenants Include: Kroger, Staples & Hastings
  • Other Tenants in Trade Area Include: Wal-Mart, Lowe’s, Target, Home Depot, Sears, Marshalls, JC Penny, Dillard's, Petsmart, BAM, Ashley Furniture, Chuck E Cheese, Walgreens, & CVS
  • Average HH Income (1-Mile): $89,176

       

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