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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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Corporate Bridgestone/Firestone
Allentown, PA
Bldg Size: 7,635 sq. ft.
Land: 1.3 Acres
Lease Type: NN
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Price: $3,022,000
Yield: 7.75 (CAP)
Expiration Date: 8/31/2024
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New, 15-Yr, Corp, NN Lease w/ 6.5% Rent Increases Every 5-Yrs
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Leasing Entity Operates 2,200+ Stores w/ 20,000+ Employees
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Lessee is a Subsidiary of Bridgestone Corporation (S&P Rated: BBB+)
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Adjacent to Target, Sam’s Club and Wal-Mart
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Adjacent to Lehigh International Airport | 847,256 Passengers 2007
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5 Miles from Cedar Crest College & Muhlenberg College
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Off Route 22 | 91,664 Cars / Day
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50 Miles North of Philadelphia | 90 Miles West of New York City
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Population 246,000 within 5-Mile Trade Area
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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