|
Property |
SF |
Rent |
CAP |
Price |
Term |
Commencement |
Notes |
|
Advance Auto (Under Contract) 318 Main Street, Trussville, AL |
7,000 |
$79,500 |
8.0% |
$995,000 |
10 years |
12/7/2000 |
Flat for Initial Term. Two-Five Year Options w/ bumps. Bedroom community of Birmingham |
|
CVS Signal Mt. Highway, Signal Mt, TN |
10,125 |
$258,491 |
7.0% |
$3,700,000 |
20 years |
11/01/2003 |
20 years Abs.
NNN. A+ location in Third
Highest Income area of TN. |
|
Eckerd Drug
Ridge & Shoecraft, Webster, NY |
13,813 |
$325,974 |
8.00% |
$4,075,000 |
20 years |
02/24/2004 |
20 yr Abs. NNN.
Flat 4x5 year opt w/ bumps. Good
location next to BJ's, Kmart and Staples |
|
Advance Auto 1613 Marshall St., Albert Lea, MN |
7,000 |
$98,000 |
8.75% |
$1,120,000 |
10 years |
08/15/2003 |
Flat for Initial Term. Two-Five Year Options w/ bumps. Next door to new Movie Gallery |
|
Advance Auto 714 E Battle St., Talladega, AL |
7,000 |
$76,650- $21,500 |
8.81% |
$625,000 |
10 years |
07/14/2002 |
On a ground lease, ground rent = $21,500
per year to 3rd party. |
|
Eckerd Drug Store 1819 W Tennessee,Tallahassee,FL |
10,180 |
$223,370 |
8.00% |
$2,795,000 |
20 years |
04/01/2002 |
19 Yrs remaining NNN. Lower Price Point than most Eckerd's ($2,795,000) |
|
Advance Auto Oakland Ave. & First, Austin, MN |
7,000 |
$94,980 |
8.75% |
$1,085,000 |
10 years |
08/15/2003 |
Flat for Initial Term. Two-Five Year Options w/ bumps. Currently under construction. |
|
Dollar General 200 Eufala Avenue, Clayton, AL |
10,000 |
$31,200 |
8.50% |
$365,000 |
10 years |
02/01/2000 |
Rent bumps to $34,800 in year 6.
Store currently doing $1.1 M in sales |
|
Movie Gallery/ My Nail (Contract) 4214 Highway 90, Pace, FL |
5,000 &1,500 |
$91,500 after rsrve |
8.50% |
$1,070,000 |
10 years 5 years |
01/06/2003
04/01/2003 |
10-year lease with MG, 5 year lease with
My Nails. |
|
Eckerd Drug Store 399 Emerson Dr., Palm Bay, FL |
10,180 |
$264,842 |
8.00% |
$3,310,000 |
20 years |
09/06/2002 |
19 Yrs remaining NNN. Located just off I-95 in high growth area of Florida (180%
Growth) |
|
Movie Gallery 326 Woodland Drive, Forest, MS |
4,500 |
$47,250 |
8.50% |
$550,000 |
7 years |
10/02/2000 |
Two-Five years options with bumps. |
|
Movie Gallery 2110 LocustAve.,LawrenceburgTN |
4,500 |
$56,250 |
9.50% |
$590,000 |
7 years |
06/02/2000 |
Two-Five years options with bumps. |
|
Movie Gallery (Under Contract) US Highway 17, Orange Park, FL |
4,000 |
$56,000 |
8.50% |
$660,000 |
7 years |
05/15/2003 |
Two-Five years options with bumps.
Currently under construction.
|
|
Movie Gallery 1615 Marshall St., Albert Lea, MN |
3,600 |
$51,300 |
8.50% |
$600,000 |
7 years |
08/15/2003 |
2 Five years options with bumps.
Currently under construction.
Next door to new Adv. Auto |
|
Eckerd Drug
(Under Contract)
Onondaga & Velasko,SyracuseNY |
12,738 |
$448,282 |
8.20% |
$5,475,000 |
20 years |
08/15/2003 |
20 year Abs. NNN. Flat in initial terms, 4x5 year options w/ bumps. |
|
Goodyear Tire 1200 Union Ave., Memphis, TN |
17,000 |
$90,450 |
8.3% |
$1,090,000 |
10 years |
01/25/1999 |
10 year NN lease. Goodyear has been operating from this location for 45 years |
|
Eckerd Drug Grant & Standart , Auburn, NY |
13,813 |
$369,506 |
8.00% |
$4,615,000 |
20 years |
02/16/2004 |
20 year Abs.
NNN. Flat initial terms, 4x5
year options w/ bumps. Replacing
$3.5M in-line store |