Asking Price $13,000,000
CAP Rate 8.26%
LEASEHOLD SUMMARY - ABSOLUTE NNN
Net Operating Income
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$1,074,388 in 2012
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Rent Increases
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3% Annually
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Rentable sf
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45,723 +/- sf
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Land Area
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6.5 +/- acres
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Ownership Type
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Fee Simple
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|
Lease Type
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NNN
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Lease Term
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10 years
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Rent Commencement
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Jul 2010
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Lease Expiration
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Jun 2020
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Options
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None
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HIGHLIGHTS
- Rent Fully Guaranteed by Publicly Traded Company
- Minimal Landlord Responsibilities and Full Reimbursement of Operating Expenses by Tenant
- Additional Income provided by Cell Tower lease
- Preferred location in the I-95 Corridor with quick access to Quantico Marine Corps Base and BRAC Installations.
- Property features office space, air conditioned production space and warehouse.
- Property serves as a Sensitive Compartmented Information Facility (SCIF). Facility is equipped to handle classified information.
- Number of buildings in market 64
- Inventory 2,571,000 SF
- No New Construction
- Government contractors account for over 50% of office inventory
You may visit our website
to view the entire NNN Leased Investment Properties
|
