Single Tenant Net Lease by Bull Realty
Summary
Opportunity to acquire this [tenant name], located in [city], [state]. This location, constructed in [year built], is on a busy retail and business corridor on [road name] with traffic counts exceeding [traffic counts] VPD. Built in [year built], this ± [SF] SF structure sits on a [site size]-acre site. This opportunity is available for [asking price] or at a [cap rate%] cap rate.
This is an [lease type] lease and Landlord responsibilities include [Landlord responsibilities]. The Tenant fully reimburses the Landlord for [tenant responsibilities]. In addition, there are [# of years] years remaining on the lease and [# of renewal options] renewal options. Going forward there are [rent increase %] rent increases in each of the [renewal options] option periods.
In the immediate area are numerous restaurants, retailers and entertainment options including [nearby properties]. The property is within [#] miles of [key demand drivers]. The population within a five-mile radius is [demographics] with an average household income of $[demographics].
Highlights
- [tenant name] located in [city], [state]
- [#]-year [lease type] lease with [#]+ years remaining
- Attractive [cap rate]%
- *Nationally recognized tenant with a strong corporate guarantee
- Attractive [%]% rent increases every [#] years with [renewal options] renewal options
- *Minimum Landlord responsibilities
- Tenant reimburses monthly for [tenant responsibilities]
- Located in vibrant retail corridor with over [traffic counts] VPD
- Nearby retailers include [nearby properties], and more
- Close proximity to [key demand drivers]
*=special circumstances