5 YEAR ABSOLUTE NET
CORPORATE GUARANTEED INVESTMENT OFFERING
Highlights
- Price: $1,210,000
- Cap Rate: 6.50%
- Net Operating Income: $78,650
- 2019 Net Operating Income: $86,515
- 2019 Cap Rate: 7.15%
- Rental Escalations: 10% every 5 years (Next Escalation: 02/01/2019)
- Renewal Options: Four 5-Year
- Lease Expiration: 1/31/2024
- Tenant: Golden Corral Corp.
- Year Built: 2004
- Lease Type: Ground Lease
- Building Size: 10,411 SF
- Land Size: 2.14 Acres (Estimate)
- Property Type
Retail
- Year Built
2004
- Total Building Size
10,411RSF
- Total Acres
2.14
- Property ID
2093685
