Minnesota - Single NN Tenant (SNLT) - Cap Rate = 8% - Long Term Lease - Value ADD

Minneapolis, Minnesota - Single NN Tenant (SNLT) - Cap Rate = 8% - Long Term Lease - Open

Passive Investor for a Single Net National Tenant in Minnesota
Single NN tenant (SNLT) w/ great metrics in Minnesota.......
The single tenant is a national credit tenant with several years left on the current lease

Opportunity Summary

Location = Minneapolis, Minnesota

Building Size = 67,000 sq ft

Tenant = Single NN Lease - National Credit Tenant that owns a chain of outlets Nationwide

Lease info = Double Lease (NN). Taxes paid by owner.

Current lease expires march 31st, 2022 with the annual lease

Annual Lease pays 1,073,632.

Value Add = Annual lease payments increases to $1,140,734 on 10-1-2020.

Assumable Loan = This seller has an assumable loan of 9.7M

Cap rate = 8%

Asking Price = 13,420,400 + 4%

Additional info will be provided once the buyer(s) execute minimal paperwork

These properties are available as at today, but cannot guarantee availability anytime after.
Soji Oyenuga

Cell: 1-306-262-6299
Rohey Investment & Development Corporation
We Caringly Add Value to People's Lives and Real Estate Properties

"DISCLAIMER: Sender is NOT a United States (nor Canadian) Securities Dealer or Broker. Sender makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller, lender or borrower. This E-mail letter and the attached related documents are never to be considered a solicitation for any purpose in any form or content. Upon receipt of these documents, the Recipient hereby acknowledges this Disclaimer. If acknowledgment is not accepted, Recipient must return any and all documents in their original receipted condition to Sender

Posted Sep 23, 2016

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