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

Matthews (Charlotte), NC
 
Bldg Size: 6,400 sq. ft.
Land: 1.14 acres
Lease Type: Single Tenant NNN
Price: $995,000
Yield: 9 (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 at Signalized Intersection of E Independence Blvd. (ADT: 47,000+ Cars) & Sam Newell Rd.
  • Anchor Tenants In Immediate Area Include: Sam’s Club, Kohl's, Ross, Target, Lowe’s , Stein Mart, Home Depot
  • Matthews is Located 10-Miles Southeast of Charlotte
  • Average HH Income (5-Mile Radius): $71,652 2009 US Census
  • Charlotte MSA: The 2nd Largest Banking Hub Behind NYC & 4th Largest Manufacturing Region in the US

       

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