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Distribution Center properties with a single tenant investment grade tenant are almost always in high demand.
Distribution Center Property # 1143
Distribution Center Tenant:
Capitalization Rate (CAP): 9.46%
Asking Price: $7,800,000
Net Operating Income (NOI): $738,000
State Located: OR
Lease Terms: 10 years NNN from 1/1/96. Rent increases on 12/1/2000 to $789,500 & on 12/1/2002 to $822,000.
Size of Building: Office (25,000) Distribution Facility: 175,000 sq. ft.
Size of Lot: 6 acres.
Financing Obligations: None
Additional Comments: Guarantor is a public company with 100M net worth and operated 150 outlets in 12 states. The concrete tilt-up building is well located, modern a/c offices and 28ft clear ceiling height in warehouse.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above Distribution Center Property and not yet under previous agreement, please request our agreement.
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Information contained herein has been obtained from sources that are deemed reliable. We have no reason to doubt the accuracy, however we do not guaranty it.
This Distribution Center Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.