Friday, February 24, 2012

NNN Leased Investment 




                                              Asking Price $495,000  CAP Rate 7.58%

                                               1710 S. Loudon Street  Winchester, VA

LEASE SUMMARY
Net Operating Income      $37,500
Rent per Month                $3,125
Rent per Sq. Ft.                $13.20
Rentable Sq. Ft.                2,840 sf
Land Area                        16,949 sf

Tenant Name                   Airgas, Inc.
Website                           www.airgas.com
Credit Rating                    S&P: BBB Stable               
Ownership Type               Fee Simple
Lease Type                      NN

Landlord Responsibilities            Roof & Structure
Lease Term                      5 years
Lease Comm.                   Sep 1, 2010
Lease Exp.                       Aug 31, 2015
Increases                          3% from 2013
Options                            Six (6), five (5) year



HIGHLIGHTS
  • Low price point
  • Stable tenant since 1977
  • Industrial/Retail uses permitted
  • S&P BBB Stable | NYSE: ARG
  • Great location on well-traveled street
  • In dense retail and residential market
Great location on well-traveled street in dense retail and residential market 




LOCATION OVERVIEW





For More information Contact:

 Betty Learned Friant, CCIM
Vice President
(793) 787-4714



You may visit our website
to view the entire NNN Leased Investment Properties 

  

CALKAIN REALTY ADVISORS
a division of Calkain Companies

W A S H I N G T O N   D C |  F L O R I D A |  M A R Y L A N D  |  D E L A W A R E   |  B O S T O N

The information herein is provided to us by sources deemed reliable, but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omissions, prior sale, change of price and/or terms or withdrawal from the market without notice. This information is for guidance only and does not constitute all or any part of a contract.

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