Thursday, December 11, 2014

Newly Extended 10 Year NNN Lease on National Credit Tenant


Investment Highlights

Price: $2.91 Million Cap: 6.00%


PRIME RETAIL LOCATION
- Located directly across from a 190,000 SF Fred Meyer
  with fuel.
- Other national retailers in the area include: Lowe's,
  Safeway, Walmart, and Albertsons.
SOLID DEMOGRAPHICS
- 105,000+ residents earning an average annual household
   income in excess of $72,000 within a 5 mile radius.
PUBLICLY TRADED NATIONAL CREDIT TENANT
- Dollar Tree operates more than 4,900 stores across the
  United States and Canada.
- 2014 sales are anticipated to be up nearly 10% from
  2013 sales.


No comments:

Post a Comment